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- Social Media Spotlight: 11/2/21
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:
Economic updates
Crypto through the end of the year
Electric vehicles
Metaverse
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.
I’m intellectually obsessed with the supply chain crisis.
👀 on this @Kalshi market kalshi.com/markets/ANCHOR…
— Sahil Bloom (@SahilBloom)
5:44 PM • Oct 26, 2021
Billionaire Tax Is A Ploy To Take Eyes Off Bigger Problems zerohedge.com/personal-finan…
— zerohedge (@zerohedge)
9:40 PM • Nov 1, 2021
Florida is doing record cargo volume with no backlogs, and is inviting vessels stalled in California to divert via the Panama Canal. The week trip is probably their fastest route to market. mol.im/a/10116879
— Phil Kerpen (@kerpen)
10:58 PM • Oct 24, 2021
This year's race has the interest of political watchers across the country who say it could tell us what kind of environment might be ahead for both parties in the 2022 midterm elections. n.pr/3pYLGeX
— NPR (@NPR)
11:00 AM • Nov 2, 2021
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.
Total #crypto marketcap logarithmic regression
Time is on our side
— Benjamin Cowen (@intocryptoverse)
1:01 AM • Nov 2, 2021
Analyzing BTC's price action without using on-chain data is like valuing a company without using its financials
On-chain data is BTC's ultimate valuation tool
Just published “A Framework for Valuing BTC” w/ @Kenoshaking feat 5 new ARK on-chain indicators
— Yassine Elmandjra (@yassineARK)
9:12 PM • Oct 29, 2021
Buy $LINK and sit on your hands
Enjoy .. NFA— Sheldon The Sniper (@Sheldon_Sniper)
9:50 AM • Nov 1, 2021
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.
Who would believe that Tesla is now "worth" more than two Berkshire Hathaways? Today’s 8.5% gain added $106 billion in market cap, 2.3x Tesla’s annual REVENUE in a single day. Mr. Market now values the car company at $1.36 trillion, 29.5 times annual trailing revenues. Insane. 1/
— Christopher Bloomstran (@ChrisBloomstran)
2:16 AM • Nov 2, 2021
Amazon-backed EV start-up Rivian plans to price shares up to $62, putting valuation near $55 billion cnb.cx/3q2MU93
— CNBC (@CNBC)
9:35 PM • Nov 1, 2021
Watch Historic Lucid Rally With 20 Lucid Air Dream Edition Cars insideevs.com/news/544466/lu… via @InsideEVs.com
— InsideEVs (@InsideEVs)
10:41 PM • Oct 30, 2021
The Metaverse:
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.
NEWS: "Horizon is the social platform Facebook is building in the metaverse." - Zuckerberg
Some photos:
— The Hustle (@TheHustle)
5:21 PM • Oct 28, 2021
Nike is heading to the metaverse.
On October 27th the company filed new trademark applications for NIKE, JUST DO IT and the swoosh logo.
The filings indicate an intent to make and sell NIKE-branded VIRTUAL shoes and clothing.
#Nike#Metaverse
— Josh Gerben (@JoshGerben)
5:29 PM • Nov 1, 2021
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.
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