Major Headlines: Trump on Rogan, U.S. Debt Explosion, and the Bitcoin Bull Run | Money Moves

Oct 23, 2024

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Episode Title: "Major Headlines: Trump on Rogan, U.S. Debt Explosion, and the Bitcoin Bull Run"

Host: Matty A
Co-Host: Ryan Breedwell (absent, traveling in Europe)

Episode Summary:

In today’s episode, Matty A dives into some of the hottest headlines impacting the economy, real estate, and stock markets. He covers Trump’s much-anticipated appearance on the Joe Rogan podcast, the shocking rise in U.S. debt, and updates on small-cap companies. Plus, Matty breaks down the housing affordability crisis, car loan delinquencies, and whether Bitcoin’s bull run is here to stay. Tune in for deep insights and a no-nonsense breakdown of the latest in finance and politics.

Key Topics Covered:

Trump on Joe Rogan: How Trump’s upcoming appearance on the Joe Rogan podcast could influence the election and why it’s a major political moment.
U.S. Debt Explosion: The U.S. added $473 billion in debt in just three weeks, bringing total debt to $35.8 trillion. Matty dissects the consequences of this ballooning debt.
Housing Affordability Crisis: With home prices skyrocketing 42% since 2020, Matty unpacks how affordability is out of reach for many, especially younger generations.
Bitcoin’s Bull Run: Why Bitcoin is up 142% over the last 12 months and what this means for the future of cryptocurrency investments.
Economic Soft Landing and Stagflation Fears: Insights into the latest Fed actions, inflation concerns, and how they could affect the economy heading into 2025.

Time-Stamped Sections:

[00:00:00] – Introduction: Matty opens the episode with a preview of today’s major headlines.
[00:05:00] – Trump on Joe Rogan: The potential election impact of Trump's upcoming appearance.
[00:06:28] – U.S. Debt Crisis: Analyzing the $473 billion added to U.S. debt in three weeks.
[00:20:39] – Housing Affordability Crisis: How mortgage rates and rising prices are affecting buyers.
[00:28:59] – Bitcoin Bull Run: What’s driving the massive surge in Bitcoin's value?
[00:36:00] – Real Estate & Commercial Market Updates: Matty breaks down the latest in the real estate market.

Notable Quotes:

Matty A: "Love or hate the guy, Trump’s campaign needs to be made into a movie—it’s been insane to watch."
Matty A: "Bitcoin is now up 142% over the last year—if Bitcoin were a company, it’d be the eighth largest in the world."

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