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Animal Spirits: The Mother of All Bubbles
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On today’s show, we discuss:
Charts:
Tweets/Bluesky:
We're back. Can we talk?
— Enron (@Enron)
2:00 PM • Dec 2, 2024
AAII bears>bulls for the first time since late April.
All that happened after that was a five month win streak.
— Ryan Detrick, CMT (@RyanDetrick)
10:00 PM • Dec 2, 2024
We are a dyin breed #CFA
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi)
12:50 AM • Dec 2, 2024
JUST IN: MARA Holdings announces a $700M private offering of interest-free convertible senior notes due 2031.
Proceeds will be used to acquire more #Bitcoin.
MARA is leading the charge in corporate bitcoin adoption.
— Bitcoin For Corporations (@BitcoinForCorps)
1:16 PM • Dec 2, 2024
confirmin my first-flight-out-or-bust mandate
nytimes.com/2024/11/27/ups…
— 𝗕𝗜𝗟𝗟 𝗦𝗪𝗘𝗘𝗧 (@billsweet)
12:55 PM • Nov 29, 2024
Wow. A new record for TSA traffic yesterday … 3.087 million people
— Kevin Gordon (@KevRGordon)
3:15 PM • Dec 2, 2024
This one is BTC+ETH
spr.ly/6015tw4P9This one is Nasdaq+ETH
spr.ly/6016tw4PiThis one is S&P+BTC
spr.ly/6017tw4PcThis one is S&P+ETH
spr.ly/6017tw4PcThis one is S&P+Nasdaq
spr.ly/6018tw4PYThis one is S&P+VIX
spr.ly/6018tw4PY— Jeffrey Ptak (@syouth1)
12:05 AM • Nov 28, 2024
HOOVER: ETFs just set monthly flow record in November with $155b, a shocking number given there was only 21 biz days in the month = $7.3b/day, about triple the norm thanks to the Trump bump. YTD flows now at $983b, headed to $1T for first time ever likely by Wed. Just wow.
— Eric Balchunas (@EricBalchunas)
12:58 PM • Dec 2, 2024
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