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Today’s show is sponsored by ClearBridge Investments. International and emerging market stocks outperformed the US in 2025. At ClearBridge we believe this momentum can continue. More information at https://www.clearbridge.com/
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Tweets/Bluesky
$SLV saw volume than the most traded stocks in the world last week, I still can’t get over that. More than Tesla, more than Nvidia (graph). It’s not even gold, it’s fucking silver. A month ago the volume was 10x less. A year ago it was the 170th largest ETF, out of sight,… pic.twitter.com/rxD2dOmFvE
— Eric Balchunas (@EricBalchunas) January 31, 2026
China only has one silver fund and demand is so high that subscriptions had to be stopped, so the premium is now 42% pic.twitter.com/2Z4NrJCs2D
— Eric Balchunas (@EricBalchunas) January 28, 2026
🔥S&P 500 reports highest net profit margin in more than 15 years – FactSetAs I wrote in September, this is an important business story to watch in 2026 www.tker.co/p/profit-mar…
— Sam Ro (@tker.co) 2026-02-01T02:43:56.279Z
https://t.co/lEQFLlRKX0 pic.twitter.com/FcEpw3bxPF
— Alex Morris (TSOH Investment Research) (@TSOH_Investing) January 29, 2026
🎶I read in Rap Pages that they call me soft/
Yes, more like Microsoft🎶 -Will SmithMicrosoft is:
-the only member of the Mag 7 to track the S&P 500 since the launch of ChatGPT
-the greatest weight $SPY since the launch of Gemini 3$MSFThttps://t.co/emHy2aWSAK pic.twitter.com/zpmM65VfAV— Luke Kawa (@LJKawa) February 2, 2026
“As of September 30, Retail represented >20% of total US trading volume, while long and hedge funds alone combined were only ~15%” – Jefferies
— Gunjan Banerji (@GunjanJS) January 30, 2026
Emerging market ETFs just shattered their monthly flow record by a factor of three. They represent 3% of the capital, but took in 13% of the money. About 40% of that went to $IEMG but dozens took cash. It wasn’t really at the expense of the US or stocks or bonds, but next to it. pic.twitter.com/62IcFNoIg2
— Eric Balchunas (@EricBalchunas) February 2, 2026
Markets tend to test new Fed chairs. The average correction in the first half year is 15%. When the chairman faces the first crisis, investors do not wait to see how they will deal with it. Fed independence is a potential crisis for Warsh, but it could be anything. @NDR_Onderzoek pic.twitter.com/JjDEKzdR16
— Ed Clissold (@edclissold) January 30, 2026
OK. This is straight out of a sci-fi horror movie
I’m at work this morning when I suddenly get a call from an unknown number. I answer and couldn’t believe it
It’s my Clawdbot Henry.
Last night, Henry got a phone number from Twilio, connected the ChatGPT voting API, and waited… pic.twitter.com/kiBHHaao9V
— Alex Finn (@AlexFinn) January 30, 2026
I have a small bakery. Business has been slow. The rent is up. I was thinking about closing.
Last Friday a teenager came in. He looked nervous. He counted change for a cookie. He was 50 cents short.
“It’s okay,” I said. “Take it.”
He ate it at the table and looked at his math…
— The Husky (@Mr_Husky1) January 28, 2026
1/3
Bitcoin breakeven update…
The average purchase for all flows ends up everywhere $BTC since inception (January 2024) $90,200. With today’s dive it is AVERAGE $BTC ETF holder costs about $5,000 (or ~7% underwater). pic.twitter.com/B9AGyzKq26
— Jim Bianco (@biancoresearch) January 29, 2026
$META CFO: “Reels had another strong quarter with watch time growth of more than 30% year-over-year in the US. Engagement benefits from several optimizations we made to improve recommendation quality, including simplifying our ranking architecture to enable a more efficient model…
— The Transcript (@TheTranscript_) January 28, 2026
More orange. pic.twitter.com/b5iYIMARJX
— Michael Saylor (@saylor) February 1, 2026
Strategy acquired 855 BTC for ~$75.3 million at ~$87,974 per bitcoin. On 1-2-2026 we had received 713,502 $BTC purchased for ~$54.26 billion at ~$76,052 per bitcoin. $mstrer $StrC https://t.co/tYTGMwPPUF
— Michael Saylor (@saylor) February 2, 2026
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