Trump:
- The strike we had lined up on Iran would've been the biggest since WWII
- We pulled back because they're looking to cut a deal
- Honestly, a deal might be right around the corner
The guy who called the 2008 crash, Steve Eisman, said this on CNBC:
“Not a fan of a SpaceX IPO. The $1.75T valuation is just silly.”
Now $SPCX is down 50% and over $1.2 trillion in value is gone.
Might be time to keep a close eye on his moves...
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🚨 BREAKING:
MICHAEL BURRY, THE MAN WHO PREDICTED THE 2008 CRASH, JUST SAID:
"AI DEMAND IS INFLATED AND FUNDED THROUGH 'CIRCULAR FINANCING.'"
HE HAS ALSO INCREASED HIS SHORT POSITIONS IN:
$MU AT $933.86
$NVDA AT $210.28
$CAT AT $893.49
$SOXX AT $535.83
HE DEF
Carry trades are having their strongest year in decades:
An emerging-market carry strategy, borrowing in euros to invest in higher-yielding currencies such as the Brazilian real, Colombian peso, and Turkish lira, is up +18% year-to-date, its strongest start to a year since 20
Samsung, SK hynix, and Micron are being taken to court in Northern California. 17 people filed a lawsuit claiming these big memory chip companies secretly worked together to limit DRAM supply and jack up prices. 💸