Plus: Wall Street analysts scale back earnings forecasts as some investors bet on a market melt-up, Powell in no hurry to cut rates, Palantir will join Nasdaq, McDonalds E. coli damage control.
Wellington Management focuses on the indicators of whether the market may come to an end or keep running.
Plus, OpenAI is dropping an agent tool. Burberry CEO unveiled a revival plan. RFK Jr. is the new health secretary, which sent vaccine stocks tumbling, and are standing desks bad for you?
Plus Spirit Airlines going bankrupt, private equity, annual inflation rate met expectations in October, FBI raids home of Polymarket CEO, GrubHub sells to delivery startup for $650 million. You need to make $108,000 to afford a home in America.
Citiβs CEO says it's βgame onβ for M&A in the U.S. post-election, Blackstoneβs CEO is cashing in on his Trump wager, hedge funds that shorted Tesla have lost $5 billion. And will Bitcoin hit $100k by year-end?
S&P 500 hit 6,000, Dow hit 44,000, BTC hit $88k, Tesla rejoined the $1T club, Chipotle announced a new CEO, and inflation fell to lowest level since December 2020.
How to make better decisions with second level thinking.
This week we're dropping our famous Short Squeez book list - exclusively for Short Squeez Insiders members.
Fed cut rates 25bps, Powell wonβt resign if Trump asks, the billionaires are getting richer, and climate stocks tumble.
Plus: Stocks had best day in 2 years. Musk's net worth is skyrocketing after Tesla surged 15%. Goldman is promoting 80 new partners. Starbucks CEO went undercover, and leading candidates for Treasury secretary.