Hello and welcome back to Equity, the Tech Ranch Podcast where we unpack the numbers and the nuance behind the headlines.

This is Alex and it is November 14, 2022, which means we are one week away- from Thanksgiving here in the US and that means that the year is coming to a close

It's going to be Thanksgiving then a short period of time then Christmas then kind of a break and then the new year

So well, we're almost done with

2022. Strap in, let's talk about money. And speaking about money, let's start

with a look at the world of stocks.

Well, shares are mixed in Asia, where they are down in Japan,

and Chinese indices are a little bit mixed.

Up in Europe, good news over there for everybody across the pond,

and shares are down in pre-market trading here in the US.

However, I'll just say wait for the numbers to come out because the stock market has been a little

bit wonky lately.

Looking in depth, however, SAS and Cloud stocks are up today in pre-market trading.

Don't forget that after reaching a new 52-week low a few days ago,

the most important tech companies from a startup valuation perspective have rebounded sharply but only to the price level that they were at back in May of 2020.

Put another way, the entire COVID bump to software stocks is gone.

And as those companies have grown during the same time

period well there we can see the valuation's compression we've been talking so much

about on-tech-runch plus putting aside stocks let's talk about crypto. Prices in the world of

crypto have put up a modest recovery in the last 24 hours, with Bitcoin and

Ethereum seeing their tokens at around 2%. They remain off, however, between 18 and 20% in the last week, so,

woohoo, but also ewah. In the wake of its implosion, FTX's token, FTT is now worth

...