Welcome to another edition of The Chicks on the Right Podcast, where we talk to our friend and sponsor of the

show, Zach Abraham, Chief Investment Officer at Bullwerk Capital Management.

And today we have a topic that we were not expecting, but we're reading now that the Texas

Stock Exchange is going to be opening up in Dallas by 2026 that it has some major

finance companies like Black Rock and Citadel behind it and that this is happening and we wanted to get your thoughts

because we don't understand any of this. I thought it was fake Zach I thought it was

fake and then I had to I was like no this is real this is really gonna happen.

Yeah and and my first comment would be God bless Texas. Yeah. So, so, you know, it's funny watching this rollout because in my opinion this is exactly what the founders had in mind when they set up the state of our union, meaning the fact that you have 50 individuals, I know that we started with less than that, but the fact that you have 50 individual states, they're meant to be counterbalances for each other, right?

Hold each other accountable, right?

So if one state starts doing something crazy, people leave and go to another state.

And we've kind of seen that happening over the last several years, right?

California?

Yeah.

Yeah.

Yeah.

So, and I think that this Trump trial thing, obviously this has been going on behind the scenes for a while, you know, just announce that you're going to launch a new exchange like that, you know, based off of one news, you know, one news report or the,

you know, Trump being convicted, but it is interesting to me when they announced this, right,

right after the Trump conviction and in my opinion I don't think there's any other way to

And especially considering that Ken Griffin that the head of citadel is backing this and in no way am I saying is he a good

actor I don't think he's very good human being as a matter of fact I've known people

that have worked for him that think he's a complete monster so and not to say that he hasn't done some nice things for employees, but just, he's not a very nice guy.

Yeah.

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