Consumers Worried About Inflation. Investors Worried About the Fight. – Ep 810
The Peter Schiff Show Podcast
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Is Bankman Freed a Catalist?
A crypto billionaire bought a seven point six % stake in robin hood, valued it just under 650 million dollars. He claims his stake as passive but obviously somebody taking a major stake in the stock was a catalist for people to buy and we saw that big pop. All kinds of stocks were up on sympathy. Look at coin base, up 16%. That stock had just made a new record low the prior date. The biggest loser, though, i think, on the week was bitcoin. Despite a seven point 6 % rise on the day, the fund was still down 21 % on the week.
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