Kaiser this is the report you know humanity is looking up actually. This is the thing i like about very poor and decline because as Paul Tudor Jones said hes that Hedge Fund Billionaire and heres the headline to remind you of what he said Billionaire Hedge Fund manager Paul Tudor Jones a bet on bitcoin is a bet on human ingenue at. So we have to show you know we listen to all sorts of heterodox thinkers who imagine better worlds who imagine things can get better who always you know have faith in humanity that humanity at the end of the day will always rise above the elite and what the elite always want to crush innovation and ingenuity and things like that because they want to solidify their hold on power right so you know which when we look at what has happened in the United States with coded for example in the response. Keyser for very early on we spoke to bruce fenton hes a big queen are and what did he say he he was one of the early ists ive known we got prepared because of him in
Climaxed kaiser, this is the kaiser report. Have we hit peak bitcoin . That is a good question because you know more and more billionaires around the world are getting into big coin and massive sort of Asset Management Companies Like black rock are getting into big quine. So max keiser this week, you tweeted a serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this max kaiser . Well remember the old peak oil or peak gold arguments that were running out of oil or running out of gold. That of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions that will never hit the market. And of co
Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s
The head of the International Red cross warns that vaccines wont solve all the problems with the virus. Those are your headlines ill be back with another look in just under an hours time this is our international but have you with us. The report you know humanity is looking up actually. This is the thing i like about very poor and decline because as Paul Tudor Jones said hes that Hedge Fund Billionaire and heres the headline to remind you of what he said Billionaire Hedge Fund manager Paul Tudor Jones a bet on bitcoin is a bet on human ingenue at. So we have to show you know we listen to all sorts of heterodox thinkers who imagine better worlds who imagine things can get better who always you know have faith in humanity that humanity at the end of the day will always rise above the elites and what the elite always want to crush innovation and ingenuity and things like that because they want to solidify their hold on power right so you know which when we look at what has happened in the
Happening here. We continue with this outperformance from the small caps. We continue with this rotation. Abigail we do, and today is relatively subtle. The outperformance came from energy and financials, which at the end of the day finished higher. Today we are once again seeing movement into the cyclical sectors even though the s p 500 on the surface is basically flat. The nasdaq 100 is lower. You were mentioning the small caps. The russell out another alltime high on the day. You again have investors moving to small caps, value, the cyclical sectors. Theres the financials. Industrials, energy, real estate can materials, all of the sectors in green are the growth and cyclical sectors. On bottom, you have tech and communication services. It is pretty interesting because tech is really being weighed on by apple right now, and they have cut their developer fees by to 15 from 30 . That is a pretty decent chunk of revenue in the past fiscal year, 1 3 of it to those apt of elements. That i