Fed Fuels IPO Folly – Ep 635
Doordash and Airbnb go public with successful IPO, despite never making a profit.
Doordash and Airbnb go public with successful IPO, despite never making a profit.
Stock indexes and gold mining stocks hit 52-week highs. Fed can’t stop the dollar from falling or gold from rising. Bitcoin isn’t gold 2.0, it’s
2021 may be the weakest year yet for the dollar. Investors whistle past the mother of all graveyards as inflation mounts. Grayscale printing money and
Best November for the Dow since the roaring 20s. While stocks saw a boom, gold saw a bust. Negative backdrop may have firmed gold’s bottom.
Grayscale Trust leads Bitcoin into a Thanksgiving Day Massacre. Sharp declines in gold on Black Friday. Inflation will not save debtors who want to retire.
Markets hit all time record high of 30k. Record TSLA stock price rockets Elon Musk to second richest in the world. Trump takes credit for
Hedge funds are no longer hedges; they’re risks. Investors hope for more monetary stimulus as fiscal stimulus dries up. More fiscally stimulated companies going bankrupt.
Another vaccine, another rally. Easy money is here to stay no matter what happens with COVID. Price surges coming. Was Buffett embarrassed by his big
Biden advisor proposes another lockdown; says the Fed will pay everyones’ wages. Is it a Trojan horse for UBI? No recovery in sight for the
Big moves in all the markets on news of COVID vaccine from Pfizer. COVID vaccine will not be ready soon. Investors sell stay-at-home stocks and