Real Vision CEO Raoul Pal is joined by senior editor Ash Bennington to reflect on the latest financial newsflow as well as Real Vision’s new projects. After…
Unfortunately due to "helicopter money" it is unlikely that the exploding deficit will ever shrink again until the monetary system is overhauled... or collapses.
Apple is sliding today, after JPMorgan published a note warning that based on recent surveys, iPhone sales are "moderating substantially" ahead of the iPhone 12 launch,
...will conduct a test of all its exchanges operating from their secondary locations on Sept. 26 to “confirm the industry’s ability to seamlessly move live trading out of New Jersey,”
"our observations have not changed since our previous report"... "despite the recent volatility, the demand for calls continues to dominate the NDX volatility pricing."
August was a truly history month combining a "vortex of concentration" + new retail + optionality in a historic blow-off top. September was the hangover.
"When you see these short-term, sudden moves after a run-up like we’ve had, it doesn’t mean you avoid the sector, but you have to be prepared that it’s the price of admission of being there."
He used the money to purchase over $104,000 in luxury goods from Dior, Bucci and other jewelers. He also spent $62,774 in loan money at the Seminole Hard Rock Hotel and Casino and withdrew more than $300,000.