Meston Ecoa

B↑2📆 - 11/23/24

· Markets & Headlines · #Markets & Headlines Daily

$BTC flirts with $100k. Is such an apt expression.

• Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury

Must previously rooted for Howard Lutnick instead of him.

• US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts

• US Business Activity Expands Most Since 2022 as Confidence Builds

S&P Composite PMI rises to 55.3 from 54.1 in November flash report.

• What I Learned About Luxury at the Rolls-Royce School For Chauffeurs

How the driver should rest their arms, open the door, park etc.

• Trump Once Disavowed Project 2025. Now He’s Hiring People Who Worked on It

Even Trump shunned its ideas, including anti-immigrant, anti-reproductive rights, elimination of climate-change rules, less work protections, as extreme. Trump’s side says they hired the people, not Project 2025.

• Musk Ducks Sanction for Choosing Rocket Launch Over SEC Meeting

Judge declined to sanction Musk’s absence.

• Gamblers Are Sinking Billions Into a Leveraged Market Fringe

Leveraged ETF trade volume is surging.

• Texas Raises Pressure on Chinese Investments With Exit Order

One says state level divestment wouldn’t have a material impact, but means an anti-China has become conducive to a political strategy.

• Americans Weigh Golden Visa Options in Aftermath of Trump Win

More Americans who seek lower living costs, relaxed lifestyle, remote working are considering a golden visa in European countries.

• Samsung ordered to pay $118 million for infringing Netlist patents

Netlist, a memory company, formerly won $445m from Micron on infringement of patents. Netlist sued Samsung in 2022.

• Americans Say You Need $5.3 Million to Be Considered a Success

Coupled with an annual salary of $270k. Average US salary in 2023 is $67k.