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On today’s show, we discuss:

• Silicon Valley Tech Boom Lifts California's Dreary Budget View

• Boom: Bubbles and the End of Stagnation

• Musk and Ramaswamy race to build a 'DOGE' team for war with Washington

• Investors confusing Bluesky with Toronto blockchain firm send stock soaring 1,767%

• https://bsky.app/profile/michaelbatnick.bsky.social

• American Companies Are Stocking Up to Get Ahead of Trump's China Tariffs

• CBS News poll finds Trump starts on positive note as most approve of transition handling

• Why I'm Selling Some Bitcoin

• What is Michael Saylor Doing?

• Booming MicroStrategy ETFs Are Straining Limits at Prime Brokers

• America's Homes Are Piggy Banks That Few People Can Afford to Raid

• What it takes to be "financially successful" by generation

The Compound Podcasts:

Charts:

Tweets:

Boy, that escalated quickly… I mean, that really got out of hand fast. -Ron Burgundy

— Todd Sohn (@Todd_Sohn)
9:58 PM • Nov 21, 2024

Trump says he will implement a 25% tariff on Canada and Mexico on “ALL products coming into the United States” on his first day taking office.

— Kaitlan Collins (@kaitlancollins)
11:46 PM • Nov 25, 2024

95% of the world’s largest investors have zero exposure to bitcoin,  but 95% of all bitcoin is already owned.

— Matt Hougan (@Matt_Hougan)
10:05 PM • Nov 25, 2024

depression is seeing that a 2x MSTR ETF with a 1.29% expense ratio has nearly twice the AUM of my firm

— Corey Hoffstein 🏴‍☠️ (@choffstein)
1:51 AM • Nov 20, 2024

And the survey says….

A difficult element in tracking this economic cycle is that “soft” data (surveys) has been weaker than the “hard” data.

Love this chart from @NFIB showing the convergence starting. Business/consumer surveys likely to be more indicative of real growth.

— Matthew Miskin, CFA (@matthew_miskin)
12:13 PM • Nov 19, 2024

Taking my first driverless taxi! Pretty cool.

— Tom Morgan (@tomowenmorgan)
8:12 PM • Nov 22, 2024

BOX OFFICE: #Wicked wins the weekend w/ $114M (domestic), $164M (worldwide). That is:
– The biggest opening ever for a Broadway adaptation
– The 3rd biggest opening of the year (domestic)
– 4th biggest opening for a musical worldwide
– Biggest pre-Thanksgiving weekend since 2013

— Erik Davis (@ErikDavis)
4:23 PM • Nov 24, 2024

Recommendations:

• Slow Horses

• Deadpool vs. Wolverine

• Man on the Inside 

• Land Man 

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