All Things Markets

Watch on YouTube: youtu.be/0KM4GcOrd1Y

SpaceX just pulled off the biggest IPO in history, so Mike Novogratz (@novogratz) and I are breaking down what it means for your portfolio, why $40 trillion in debt might actually require inflation to survive, how Social Security is set to go broke by 2032, whether the Clarity Act still has a pulse, Bitcoin reclaiming $70K, and so much more on this week's All Things Markets (@AllThingsMkts). Watch on X, YouTube, and Spotify right now!!!!! Timestamps 0:00 Mooch and Novo are back! 0:43 SpaceX IPOs with the biggest IPO of all time 3:31 SpaceX and American innovation post-9/11 6:22 Senator Warren's letter on SpaceX voting structure 10:23 President Trump says inflation will "come down like a rock." 14:03 Social Security runs dry by 2032, and what we can do to fix it 16:38 Warsh signals a rate hike? SpaceX closes above $2 trillion on Day 1? 17:20 Iran war over by the end of June? 18:20 The Clarity Act passes the Senate by September 23:15 Bitcoin reclaims $70K before the end of July 24:47 Team USA advances out of the World Cup group stage 25:30 Knicks win the championship in Game 5 28:17 Breaking down Saylor's Bitcoin sell-then-buy strategy 31:15 What made you smile this week?

All Things Markets, hosted by @Scaramucci and @novogratz, is available on Spotify. Follow along here: open.spotify.com/show/2BygnhbUp…

We live in a tale of 2 America’s says @novogratz If your portfolio is up and your income is growing, higher gas prices are an annoyance, you’re fine. If you’re in the other 60% of America food prices hurt, gas prices hurt. Making ends meet gets harder every month, let alone every year. That's why whoever is in power takes immediate heat. When Novo and I were kids we went to baseball games and concerts. Think about taking your kids to a Bruce Springsteen show at the Meadowlands today. You can't get tickets at face value which puts it out of reach for a working class family. That world is gone and the people who lost it know exactly who to blame, whoever happens to be in charge when they feel it most.

Watch the full episode of All Things Markets here: youtu.be/8KgCb6RvxcI

Is Bitcoin dead? @Scaramucci asked this question of @novogratz, and Novo explained the 4-year cycle: -Bitcoin is still 4x from where it was in 2022 at $15K -Gold hasn't done 4x as Bitcoin has -Why the 4-year cycle might not be the right framing

Watch on YouTube: youtu.be/8KgCb6RvxcI

Bitcoin is bleeding; the most important IPO moment in market history, with SpaceX, Anthropic, and OpenAI all heading to public markets simultaneously; why the data center buildout is falling dangerously behind schedule; Bernie Sanders' plan to give the government a 50% stake in every major AI company in America, and so much more in today's episode on All Things Markets (@AllThingsMkts) with Mike Novogratz (@novogratz) and me. (@SALTConference) Watch on X, YouTube, or Spotify, using the link in the comments below. Timestamps 0:00 Novo and Mooch are back! 0:45 Jobs report: Why is the economy so resilient despite every headwind? 2:11 If you knew everything coming, would you have predicted Bitcoin down 50%? 4:57 Relative Strength Index (RSI) explained 5:55 Is the Bitcoin thesis broken? 8:21 Anthony's Bitcoin position 10:23 The story of 3 IPOs: Anthropic, SpaceX, and OpenAI 12:17 Bernie Sanders "A.I. Is a Public Resource. You Should Own Half of It." 15:40 Galaxy’s data center and what it all means 18:18 The K-shaped economy problem and America's tale of two cities 21:22 Bullish or Bearish 1: Bernie Sanders' AI fund gets serious Senate traction 22:10 Bullish or Bearish 2: The AI energy trade outperforms chip stocks in the second half of 2026 24:24 Bullish or Bearish 3: Bitcoin trades down into the $50s before it gets back into the $70s 27:18 Bullish or Bearish 4: The U.S. enters a recession before year-end 28:03 Bullish or Bearish 5: The Knicks win the NBA Championship 29:46 Novo's story about his father

The AI train isn't slowing down; it's accelerating, the charts are parabolic, and if you're not nervous, you're not paying attention. Mike Novogratz and I get into all of it: the SpaceX frenzy, the jobs that are gone forever, and the conversation the Pope is having that Wall Street should probably be having too, all on this week's All Things Markets (@AllThingsMkts) Watch/Listen on X, YouTube, and Spotify. Timestamps 0:00 Mooch and Novo are back! 0:53 Bitcoin's "meh" moment, why crypto has lost the narrative 4:31 Michael Saylor's surprise move 5:45 Goldman raises S&P target to 8,000. Is this bull market real? 7:31 Oil shock warning: Exxon exec signals $150–$160 per barrel 10:49 Fixed income outlook and 18 years of bull market complacency 13:52 SpaceX $1.8 trillion valuation breakdown 16:50 Pope Leo XIV and Anthropic: a moral warning about AI 20:46 Claude 4.8 and the coming job displacement 22:23 Will AI crush software engineers? 24:18 Bullish vs Bearish 27:01 The $1.3B Bitcoin dark pool trade explained 31:04 What made you smile this week?

Watch the full episode here: youtu.be/1ZhjZ29iA-E?si…

.@novogratz and I discuss how great markets end and what the @SpaceX IPO could signal on the latest episode of @AllThingsMkts

New episode of All Things Markets (@AllThingsMkts) with myself and the great @novogratz: How Great Markets End + The Bubble Sign Wall Street Is Ignoring Watch on X or YouTube with the link below. Timestamps 0:00 Novo and Mooch are back! 0:55 NVIDIA reported record Q1 revenue of $81.6 billion, up 85% year-over-year 4:01 The U.S. 30-year Treasury touched 5.2% this week, its highest since 2007 8:49 Strait of Hormuz latest and Qatar negotiating with Iran to let tankers through 12:21 Are the warning lights going off on the economy? 14:21 SpaceX IPO: Fair, undervalued, or overvalued? 16:01 Great bubbles end with something symbolic 19:23 Bull case: oil lower, Warsh cuts rates, market rips into year-end 21:05 Jeff Bezos on K-shaped inequality and ways to fix it 26:29 Bullish or Bearish 31:01 What made you smile this week?

.@novogratz and I are back with a brand-new episode of All Things Markets. We discuss Kevin Warsh, public debt, @RayDalio's debt warning, President Trump's visit to China, what's next for the GENIUS Act, the future of Anthropic, and so much more. Watch on X, YouTube, and Spotify. Timestamps 0:00 Mooch and Novo are back! 0:55 Kevin Warsh confirmed as chairman of the Federal Reserve 2:15 Public debt hit $31.27 trillion against a GDP of $31.22 trillion 5:02 The S&P 500 and Nasdaq hit new all-time highs again 7:12 What's the one thing people should do right now to recession-proof their career? 9:47 What happens next in Bitcoin and crypto? 13:02 Ray Dalio's debt warning and possible solutions 15:28 Donald Trump visits China. What effect will it have? 20:52 Anthropic says AI will build itself by the end of 2028 22:53 Bullish vs Bearish 26:11 The CEO of the American Bankers Association tries to kill the GENIUS Act 32:25 A lot to be optimistic about...

I asked @novogratz the ONE TRADE that he would make in the next 12 MONTHS. This is what he had to say.

.@novogratz explains why $83K–$84K is the real ceiling to watch for Bitcoin and where the price would go if it breaks.

Watch the full conversation between @Scaramucci and @novogratz here: youtu.be/cm-j5dUW6R4

.@novogratz met with a big AI player and this is what he told him: "They paused and realized they could duplicate those companies with four or five employees in Claude...and he thinks they'll have both those companies built internally within a month."

Markets climbing the wall of worry, Bitcoin crossed $80,000, and AI rewriting the rules of every business on the planet, Elon Musk and Sam Altman fighting it out in court, @novogratz and I discuss it all on this episode of All Things Markets (@AllThingsMkts) Watch on X, YouTube, and Spotify. Timestamps 0:00 Mooch & Novo Introduction 1:01 Bitcoin hits $80K, Strait of Hormuz uncertainty, and crypto wants to go higher 2:30 Clarity Act breakdown: Why it's getting done and what it means for crypto 5:35 What the hell is happening to the market? 8:32 Novo: "Crypto is getting its mojo back." 10:11 Long Nvidia/data centers, short legacy SaaS, does it still work? 13:43 Bullish vs. Bearish segment 18:07 SpaceX IPO at $1.75T+: Every institution needs to own it 23:27 Tokenization timeline + the best trade of the next 12 months 26:19 Closing thoughts