Plus: Hindenburg started 2025 with a bang, calling Carvana "A Father-Son Accounting Grift For The Ages" and NYC singles say it takes $1,000 to tell if you actually like someone.
Plus: S&P 500 posted back-to-back 20% gains (all banks got it wildly wrong), NY congestion pricing begins Sunday, and 2025 will be the year of the office influencer.
Plus: Americaβs 2024 ETF boom, disgruntled Tesla investors sue Musk, Gronk agrees with Elon, and are multi-strat hedge funds dead?
Plus: Private credit is minting money for Wall Street, hedge funds are betting on a bank bull run in 2025, and the dollar is having its best year in a decade.
The role private equity plays in the sports ecosystem.
Plus: Kimmy K has stepped away from the PE firm she co-founded, Elon Musk defended immigration of high-skilled workers, and Netflix sets NFL Xmas streaming records.
Plus: Starbucks strike hit historic levels, Americans are cutting back on holiday gifts, and what it would cost to live like the βHome Aloneβ family today.
Plus: VC firms are seeing higher partner turnover, Nissan and Honda's $58B merger, Container Store filed for bankruptcy, and Squid Game 2 drops on Dec 26.
Plus: Zelle sued for fraud, Goldman thinks pro teams are too expensive for billionaires, private credit market could hit $40T in 2030, and RFK Jr. spotted in jeans at NYC Equinox.
Cryptocurrencies may be well suited to trend-following approaches.
Plus: M&A volume hit $3T in 2024, Luigi Mangione was hit with a federal murder charge, facing death penalty, and Blackstone dropped a holiday video (country) banger.
Plus: Barclays boosting bonuses by 20%, Grammarly bought Coda, Americans under 40 are richer than ever and miserable, and you can call and text ChatGPT now.