171. INSANE Figma IPO, AI Collusion in Trading, and Could Stablecoins Lower Interest Rates?

171. INSANE Figma IPO, AI Collusion in Tradin...

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Everyone is WRONG about Scott Bessent's Treasury Intervention. LISTEN TO THIS.

Everyone in the financial media is telling you the same story: Scott Bessent's surprise Treasury buyback announcement is a thumb on the scale of the bond market, and it's making Kevin Warsh's job at the Fed harder. But what if the headlines have it exactly backwards? What if the ...  Show more

Is a Private Credit scandal brewing behind the LA Lakers Sale?

The LA Lakers --- a prestigious basketball franchise that didn't change hands for 46 years --- just sold twice in ten months, the second time for $2.5 billion more than the first. The seller is Mark Walter, CEO of Guggenheim, owner of the Dodgers and part of Chelsea FC, and the m ...  Show more

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