Social Media Spotlight: 11/2/21
Calling out some of our favorite social posts on relevant economic / market topics.
Welcome back to one of the most fun days of the week - where we spotlight our favorite threads, charts, hot takes, and more.
Let’s jump right in!
In this post, we’ll spotlight:
Crypto through the end of the year
Economic Tidbits and Hot Takes:
Tax hikes, supply chain issues, a border crisis, Congress’ endless fighting over bills, diminishing foreign views of the US, health restrictions / mandates, “The Great Resignation”, and much more is going on. Below are a few links that caught my eye.
Starting things off, it’s awesome to see another big name calling out Kalshi - a company that I think is up to something pretty special. Kalshi is the first CFTC-regulated exchange where you can trade directly on the outcome of events. These include categories like politics, entertainment, world news, and of course - the economy.
Crypto’s Upcoming Fireworks:
As I’ve stated numerous times (and will continue to do so), I truly believe the overall crypto market is getting ready for it’s next leg up. Do I know if that’s tomorrow, next week, or next month? No - but I really do think it’s coming sooner than you may think.
Electric Vehicle Developments:
EV companies have re-arrived at the forefront of the national scene. I plan to do a post entirely focused on Tesla vs. “the field” - but for now here’s some headlines / thoughts to consider.
Chris (below) has gone on the record shorting TSLA in the past - something I would never do. However, this thread speaks a lot of truth. I would not buy Tesla stock today.
Simply can’t get enough of analyzing Zuckerberg’s vision and weighing the pros & cons of all of this. This is not just a Facebook thing and this is not going away.
Disclaimer: This is not financial advice or recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Price predictions or other forward-looking projections shown in any of these posts don’t necessarily mean I fully endorse them or have done the proper analysis to confirm them. Simply sharing interesting things that peaked my interest.