Sex Strikes & Market Pumps

346: A Wild Week In Review

Happy Friday everyone. What a wild week.

Lot of content out this week but wanted to get out a quick note for all subscribers before the weekend to cover some of the craziest stories and updates from this week.

If you have the time or want to check out our deep dives from this week you can find them below:

Trump’s 2024 Victory

Generational Wealth in Crypto

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Crypto & Financial Markets

Markets have responded positively to the Trump win — the S&P 500 has surpassed the 6,000 mark, crypto is absolutely sky rocketing, and most assets look ready to pump across the board.

We are full Risk On.

We will deal with pullbacks and recessions later.

• Fed Chair Jerome Powell said “no” when asked if he would resign in the event Trump asks him to step down

• The Fed cut rates this week by 25 bps

• Bitcoin has hit a new all time high over $77,000 as of 1:42 pm ET

• Jared Kushner has ruled out being in the next Trump administration (Financial Times)

• Tesla TSLA 0.00%↑ is up 35% this week

• SoFi technologies SOFI 0.00%↑ is on a tear this week as well

• Barstool and internet star Brianna Chickenfry turned down a $12,000,000 NDA from Zach Bryan after they broke up recently due to reported emotional abuse and relationship issues

• Palantir PLTR 0.00%↑ a name we talked about extensively in Arb Letter premium is on a vicious rip to the 50’s range. Higher.

Following Donald Trump's election victory, U.S. stock markets hit record highs, with the S&P 500 and Dow Jones both surging, driven by investor optimism around potential tax cuts, deregulation, and growth-focused policies. Financial stocks led gains, especially banking shares, while real estate and utility sectors struggled with rising borrowing costs due to higher Treasury yields.

Bitcoin also soared (Google searches are beginning to grow), reflecting expectations for a more favorable regulatory environment for cryptocurrencies. Treasury yields climbed as well, signaling inflation concerns, while the U.S. dollar strengthened against major currencies, fueled by anticipated economic policy shifts under the new administration.

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Things are about to get silly in the crypto markets. We are on the edge of a massive bull run in which many assets are going to enter turbo pump mode.

If you are eager to set. up an account to access crypto with everything going on you can use my Gemini HERE below to receive $50 of free Bitcoin when you open an account and place your first trade. It’s super quick and easy and Gemini is my preferred exchange for my on exchange balance over the past 6 years.

Yesterday Blackrock’s IBT Bitcoin ETF had over $1.1B in inflows — the most on record, their BTC ETF has now surpassed their gold one. This is the real deal kings. Buckle Up.

Chainlink is looking really good finally, and I think now is the time to scale into any alts you have been eyeing, there will absolutely be some sort of cool off or pullback soon and if you are motivated it may be the time to get in.

0X0, GIGA, SOL, AVAX, ETH, ZYN, PEPE, APU all looking primed for more gains.

We will have a few more detailed crypto pieces dropping next week for paid subs.

Consider this one of many formal warnings. Bitcoin has the capacity to go way higher than anyone can reasonably expect. We are days or weeks away from a potential euphoria phase.

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Geopolitics & Global News

Quite a bit of changes in the world this week as a result of Trump’s win. On top of that we saw a horrendous series of attacks on Jews in Amsterdam.

For now — with the exception of isolate incidents we can be optimistic that some of these larger scale conflicts will cool off as a result of more effective deterrence and competence anticipated in the next US administration.

• The European Union says it will now buy oil from America over Russia after Trump's election win (Watcherguru)

“Don’t ask what the us can do for you, ask what europe should do for itself”

— Giorgia meloni to European leaders at a conference in Budapest this week

• The U.S. Justice Department has charged multiple individuals that are allegedly involved in an "Iranian plot" to assassinate Trump

• Vivek Ramaswamy did a great interview with Tucker Carlson reviewing the outcome of the election

• Qatar has reportedly notified Hamas officials, that they are no longer welcome and need to immediately make preparations to leave the country, another update directly related to Trump’s victory. Earlier this week we touched on the language and reactions from China and Russia as well, who are speaking in friendlier terms now

• Biden is reportedly now allowing US military contractors to deploy in Ukraine for the first time since Russia invaded, strange development as his administration prepares to phase out

• Donald Trump is set to push for a constitutional amendment to impose term limits on members of Congress (SpectatorIndex)

• Migrants are leaving a caravan bound for the United States, as Donald Trump's election victory has diminished their hopes of starting anew. The caravan, which started in southern Mexico earlier this week, initially included around 3,000 individuals pursuing asylum or economic opportunities in the U.S.

• U.S. House has announced a series of UFO hearings for Nov. 13

• A federal judge on Friday granted a request by Special Counsel Jack Smith to pause the election case against Donald Trump (Insiderpaper)

The world is already beginning to change in anticipation of a stronger Trump administration, our enemies realize the tele-tubby games are over and things are going to change.

It is time to completely rethink immigration policies globally. Living in the West is an incredible privilege. We should treat it as one. Open borders will kill Western civilization. Careful vetting of immigrants, standards for being part of Western society, and deportation for violating those standards are going to become essential features of immigration policies globally. Tell me why I am wrong.

—Bill Ackman, Pershing Square

If you want my full break down of the Trump victory and 2024 election check out the new episode of Risk On on Spotify.

One of the most insane trends to play out in the aftermath of the election is the outrage from liberal women online. They are committing to sex strikes, cutting off their hair, and having full blown meltdowns because Donald Trump won. Some are even threatening violence lmao. The ones threatening sex strikes aren’t exactly drop dead gorgeous either. There’s even a movement growing referred to as 4B — (refuse to date men, get married, have sex with men, or have children.)

This is an expansion of the severe feminism indoctrination that the left has adopted in past years rearing it’s ugly head.

LGBT suicide hotlines apparently saw an uptick in calls following Trump’s victory according to AFPost. Phone helplines in Norway are being overloaded by people with "anxiety" after Trump winning the election (PeterSweden7).

These people need to be institutionalized and receive psychological help. It’s pretty sad that they live in this delusional reality in which they think the Handmaid’s tale is going to be their reality, at the end of the day they are contributing to their own misery and unhappiness by hyper obsessing over this.

When did we become so soft as a nation? Classes At Harvard, Penn, Columbia, Swarthmore and other universities were canceled this week because Trump won — these people need literal mental health days because of an election result? It’s laughable and pathetic.

Professor Alexa Veenema of @michiganstateu

You really can’t blame all of these people. If you listen to the new episode of Risk On you will here me talk through the drivers of why people are reacting this way and why so many of them are so shocked. The number one reason is they have been fed a false bill of goods — they are operating on information that forms a completely fake reality for them.

The grand lie that was mainstream narratives died on Tuesday night.

Mainstream media and the establishment have radicalized these people. Unlike the majority of Americans who made their voice heard and wanted change brought to this country, these people are now left holding false dreams and expectations because they’ve been lied to and believed all of it.

I suspect this drives tension in the US in the next couple weeks and leading into 2025. Many of these people are not going to get better overnight, they will continue to grab onto their version of reality and act out in a desperate dance of cope and desperation.

I will see you guys next week! Take care and have a great weekend. Make sure to follow our account on X for weekend updates on crypto and more.

Andy

If you rule out all dissent on the basis that it's hate speech and misinformation, you will detach entirely from reality.

—Marc Andreessen

Risk On Podcast

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Disclaimer - I am a former trader, enterprise sales rep, and current entrepreneur with a monkey brain. Nothing I say should be considered formal financial advice or life advice, these are my opinions - always do your own research and diligence before investing and ensure you have a good understanding of your personal risk tolerance.