In this week’s Recap, Marcello tells us how Tesla is making headlines with the launch of its new robots, driverless taxi, and driverless van, showcasing advancements in AI and automation. Meanwhile, Warren Buffett continues his massive sell-off, shedding billions of dollars in stocks over the past few months, signaling caution in the markets. And in the world of media, Joe Rogan’s highly anticipated interview with Donald Trump has sparked conversations about politics, media, and the future of the U.S. Hurricane Milton marched […]
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October 6: Warren Buffet continues to sell, World War 3 is back, Elon Musk goes Dark Maga (Recap ep294)
In today’s Recap, Marcello tells us that the tensions in the Middle East are reaching a dangerous peak as Israel escalates its military response, with commando and paratroop units launching raids into Lebanon on Tuesday. Hezbollah retaliated with missile strikes on Israel, targeting areas near Tel Aviv, while Iran fired over 180 ballistic missiles in a growing regional conflict. As fears of an all-out war loom, financial markets are also feeling the impact. Warren Buffett’s Berkshire Hathaway continued its massive stock selloff, […]
September 22: Warren Buffet Sells Billions, Fed Drops interest rates, iPhone Demand Craters (Recap ep293)
In today’s recap, Marcello talks about how Warren Buffett’s Berkshire Hathaway has been aggressively selling off billions in stock, including $896 million worth of Bank of America shares and around $8 billion in Vodafone since mid-July. Meanwhile, the Federal Reserve made headlines by cutting interest rates by 50 basis points on Wednesday—the first reduction in 2.5 years. Also, Apple shares fell -2.78% amid reports of sluggish demand for its latest iPhone models, with iPhone 16 sales down 12% compared to the previous […]
September 16: 2nd Trump Assassination Attempt, SpaceX 1st private spacewalk, Consumers take huge hit (Recap Ep292)
This week saw a variety of significant developments across markets, commodities, finance, and international affairs. In the US, markets remained volatile with the Consumer Price Index (CPI) for core inflation showing an unexpected rise in August. Meanwhile, energy markets faced turbulence, with oil recording its worst week in nearly a year. On the other hand, precious metals rallied on Friday, fueled by optimism around potential interest rate cuts. In a notable legislative move, New Jersey eliminated sales taxes on gold and silver, […]
September 8: Stocks lost $2 TRILLION, Tesla full self driving in China/Europe, California earthquake coming (Recap ep291)
In this week’s Recap, Marcello shows us how the U.S. stock markets have seen over $2 trillion wiped out in just six days, a loss equivalent to the entire GDP of Canada. With growing recession fears sparked by the latest jobs report, stocks have taken their worst hit since March 2023. Meanwhile, Tesla’s stock has surged nearly 5%, as the company prepares to expand its Full Self-Driving technology to China and Europe, pending regulatory approval. There are also some concerns rising in […]
August 25: Record Cooling Atlantic Ocean, Interest Rate Gods Respond, Warren Buffett Keeps Selling (Recap Ep290)
In US Market News, Monday marked the eighth consecutive session of gains for U.S. stocks, with traders anticipating Federal Reserve Chair Jerome Powell’s comments later in the week. The Fed’s latest policy meeting reinforced expectations of a rate cut in September. Powell confirmed that rate cuts are forthcoming but did not specify the timing. Additionally, new data indicated weaknesses in the labor market. In Conspiracy News, reports suggest the Atlantic Ocean is cooling at a record pace, baffling climate scientists. Concerns are […]
August 19: Gold cont to explode, Doomsday Fish found California, Japan Warns mega earthquake (Recap ep289)
In this week’s Recap, Marcello let us know that gold continues to explode in value, reaching record highs as investors anticipate a rate cut from the Federal Reserve. Meanwhile, a “doomsday” fish has been discovered off the coast of California, raising concerns of seismic activity, and Japan has issued a stark warning, urging citizens to prepare for a potential mega earthquake. The latest inflation data released on Wednesday has given investors confidence that a rate cut from the Federal Reserve is likely […]
August 11: Warren Buffett Sells Most Stocks Ever! Collapse In Stocks, Record Cold Weather (Recap ep288)
In today’s Recap, Marcello informs us that Warren Buffett has sold more stock in the last quarter than at any other time in Berkshire Hathaway’s history, signaling a potential collapse in the markets. Global stocks have taken a severe hit, with the U.S. experiencing its worst trading session in two years and Japan suffering its biggest point drop ever, driven by a carry trade liquidation following an interest rate hike. The fallout has been massive, with the “Magnificent 7” companies in the […]
August 5: Warren Buffet shows Stock collapse imminent, Companies Showing recession, Bigger War coming Middle East? (Recap ep287)
In today’s Recap Marcello shows us how Warren Buffett is signaling trouble ahead, with Berkshire Hathaway’s cash pile hitting a record $276.9 billion as he sold off major stocks, including half its stake in Apple. This marks seven straight quarters of selling, shedding over $75 billion last quarter alone. Meanwhile, FedEx is cutting daytime flights by 60% to save money, McDonald’s is seeing a drop in same-store sales for the first time since 2020, and Chevron is moving from California to Texas. […]
July 28: Worst Day Stocks since 2020, Blackout Paris for Olympic Games, Kamala officially running President (Recap ep286)
In this week’s Recap, Marcello tells us that Wednesday marked the worst day for the stock market since 2020, with a major sell-off wiping out $1.1 trillion from the US stock market. Major tech stocks took a significant hit, with many experiencing double-digit declines in a large tech rout. In political news, President Biden has officially ended his bid for a second term, endorsing Kamala Harris as the Democratic nominee. He intends to remain in office and serve out the rest of […]