Markets Snap 9-Week Win Streak in Choppy Start to 2024 1/5/24
Jan 6, 2024
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Discussion on the market's rocky start to the year, stocks appreciation and market update, US Supreme Court decision on Donald Trump, Bitcoin's volatility, construction industry's struggle to find workers, impact of federal construction investments on job openings and manufacturing sector, controversy over 'The Wolf of Wall Street' funding and the iconic Golden Gate Bridge.
Factors driving fear among investors after a strong finish to 2023
Nikki Haley raising a record-breaking $24 million in the fourth quarter of 2023 for her presidential campaign
Deep dives
Joe Lowe's audacious multi-billion dollar theft from Malaysia's sovereign wealth fund is explored in a new Netflix documentary
The documentary explores the extravagant lifestyle and audacious theft of Joe Lowe, the Malaysian businessman behind the theft of over $4.5 billion from the country's sovereign wealth fund. Lowe's story is compared to a modern-day version of Catch Me If You Can, with his lavish lifestyle involving A-list celebrities and institutions like Goldman Sachs. The documentary delves into the high-stakes world of global high finance and the intricate web of relationships and professionals involved in the fraud.
Nikki Haley raises a record-breaking $24 million in fundraising ahead of the 2024 presidential election
Former UN ambassador and South Carolina governor, Nikki Haley, has raised a record-breaking $24 million in the fourth quarter of 2023 ahead of the 2024 presidential election. This fundraising milestone is more than double any previous period and showcases Haley's strong support within the Republican Party. Wall Street's biggest players are also backing her campaign, including Stan Druckenmiller, Henry Kravis, and Cliff Asness.
The Golden Gate Bridge celebrates its 91st anniversary since construction began
The iconic Golden Gate Bridge in San Francisco celebrates its 91st anniversary since construction began. The bridge, which took over four years to complete and cost $33 million at the time, is now one of the most recognizable landmarks in the United States. It spans the Golden Gate Strait, connecting San Francisco to Marin County, and sees approximately 40 million cars cross each year.
A new Netflix documentary explores the story of Joe Lowe, a Malaysian businessman charged with stealing over $4.5 billion from the country's sovereign wealth fund.
The documentary delves into Lowe's audacious theft and his extravagant lifestyle, funded by money stolen from the Malaysian government. It highlights his ability to deceive and form powerful connections with influential individuals, including A-list celebrities and institutions like Goldman Sachs. The film exposes the complex and shocking events surrounding Lowe's crime, inviting viewers to question whether he was a brilliant thief or simply a crazy guy.