This Week in The Degenerate Economy: A Bear Market… For Degeneracy

Good morning…

I recorded a fresh new ‘This Week In The Degenerate Economy’ episode below. The main topic is the crowding of the degenerate economy trade…

The specific topics are below the video. Have a great Friday.

You can follow along with how I have been investing along this theme the last few years with the index I created here.

• Back from New York; return to the Degenerate Economy (0:00)

• Index update: still crushing $QQQ ( ▲ 0.5% ) (0:18)

• $GOOG ( ▲ 2.4% ) + Gemini 3; AI costs and growing market share (0:50)

• Portfolio notes; degenerate economy overcrowded (1:21)

• New toy: short selling arrives for $HOOD ( ▲ 0.59% ) traders (1:31)

• Moomoo subway ads: Einstein, “free Nvidia,” 8.1% yields = top signals (2:02)

• Euphoria app & “more toys for more degeneracy” (3:05)

• Crypto bear market accelerating: negligence, supply, insider grifts (3:31)

• Will crypto weakness spread to big tech? (4:21)

• $NVDA ( ▼ 0.57% ) earnings hype (4:47)

• Market obsession with $NVDA ( ▼ 0.57% ) (5:45)

• Closing Thoughts (6:09)