The Housing Market War: Millennials and Gen Z's Battleground | The Daily Peel
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 11 July 2024
⏱️ 19 minutes
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| 0:00.0 | What's up, Apes? Welcome back to the Daily Peels podcast slash video stream of the day. |
| 0:11.2 | My name is David, and we are hyped to the fuck up today on this beautiful Wednesday, July 10th, |
| 0:16.0 | 204. It is 7.22 p.m. and the S&P 500 is once again at all-time highs. What's not to be excited about six days in a row of all time highs. We all know that gains in the stock market is the entire purpose of life. If you're not creating shareholder value, what the hell are you out here doing? Why are you in the United States? Please leave and make some room for somebody who is dedicated to that glorious quest of shareholder value creation. |
| 0:39.1 | Speaking of value creation, the WSOL portfolio was up a solid 60 basis points for the session |
| 0:44.5 | here today. Relatively good day, but not compared to the S&P 500 of the NASDAQ. |
| 0:48.9 | The NASDAQ was up about 118 basis points, whereas the S&P was up 102 basis points. So they didn't necessarily |
| 0:55.8 | double us, but they certainly did beat us quite a bit. It was a good day for Big Tech, not |
| 1:00.7 | necessarily a good day for our barbell strategy. Make sure to go ahead and sign up for the |
| 1:04.8 | alpha portfolio. If you want to see what I mean by the barbell strategy, you can see exactly |
| 1:09.3 | the traits that we're putting to work out there. |
| 1:11.2 | We're thinking about making some rebalances going forward these days. So you definitely won't want to |
| 1:16.1 | miss those trades that we place and the research that comes along with it. Make sure to go ahead and |
| 1:20.1 | sign up. Okay, let's go ahead and move into some of the banana bits for the session. Now, |
| 1:25.1 | one of the most important things coming on tomorrow is going to be the |
| 1:27.9 | CPI report. Obviously, the CPI has its problems, but it's kind of the biggest consumer |
| 1:33.2 | inflation reading out there. And when I say that, I mean, it's the one that people, citizens, |
| 1:37.6 | civilians, non-financial civilians actually pay attention to. J-Pow could give less of a fuck about |
| 1:42.4 | the CPI because fortunately he seems to be |
| 1:44.6 | aware of the problems with owner's equivalent rent being one-third of the entire index, but nonetheless it is going to be dropping tomorrow, so we'll be writing about it. But go ahead and check out that primer if you're awake early enough, which I assume is probably about three to five percent of you out there, but nonetheless, got to give it that shout out. Finally, Alphabet is ghosting the HubSpot, completely ghosting, much like girls used to do to me on Hinge or pretty much anywhere that I've ever been in my entire life. But Alphabet is doing that to HubSpot now in the stock is getting brutalized for it. Alphabet is basically ditching HubSpot as an acquisition target. They're saying we're no longer interested going forward, |
| 2:22.2 | and HubSpot is crying about it just like I do every night when my head hits the pillow. |
| 2:27.2 | Okay, Jay Pous speech. He gave another speech here today on Capitol Hill. He was back there, |
| 2:32.8 | risen up senators, congresswomen, from Elizabeth Warren to Alexandria Ocasio-Cortez, |
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