The Russell 2000 $IWM hit new ALL TIME HIGHS today for the first time in 3 years
Source: Evan
82% of Americans say it's a bad time to buy a house in late 2024.
That's the most pessimistic homebuyers have ever been about the housing market. Helps explain why homebuyer demand is so low. Source: Nick Gerli, re:venture
Amazon is spending billions to make sure it doesn’t fall behind in AI
The company’s $75 billion capital splurge shows no signs of slowing in 2025. Source: Quartr
Scott Bessent on tariffs:
"Tariffs can’t be inflationary because if the price of one thing goes up, unless you give people more money, then they have less money to spend on other things, so there is no net inflation.” Source: Geiger Capital
Strong seasonal pattern kicking off today through the second trading day of the New Year…
Source: Bloomberg
He did it again... Over $495,100,000 have been liquidated from the crypto markets within the last 24 hours.
This is the single largest Bitcoin liquidation event in history, just days after Jim Cramer told investors to buy and called $BTC a winner... More seriously some pullback / profit taking was long due... but the market is taking the habit of going short Jim Cramer's view Source: Jacob King
JUST IN: 'America elected the most pro-crypto Congress ever with almost 300 pro-crypto elected to the House and Senate - CNBC
Crypto execs, investors and evangelists saw the election as existential to an industry that spent the past four years simultaneously trying to grow up while being repeatedly beaten down. In total, crypto-related PACs and other groups tied to the industry reeled in over $245 million, according to Federal Election Commission data. Nearly 300 pro-crypto lawmakers will take seats in the House and Senate, according to Stand With Crypto, giving the sector unprecedented influence over the legislative agenda. Link to CNBC article >>> https://lnkd.in/euj8FDqN
Elon Musk, CEO of Tesla, praised India's election process for its speed.
Musk was responding to a post, highlighting how India counted 640 million votes in a single day.
