🫧 Dotcom Deja Vu

Hi All - Happy Saturday and welcome back to Street Tweets from The Street Sheet. 

The US election has come and gone, and everyone has an opinion on what it means, for them, their country, or their portfolio.

But we aren’t here to talk politics. Discussing “money” is the only dinner table taboo we’ll break. So instead of an electoral hot take, consider this factoid: some crypto trader raked in $4M by investing in $DOGE ahead of the election.

It wasn’t “Dogecoin” though. There’s a separate meme coin called DOGE; an acronym, which stands for “Department of Government Efficiency”, the imaginary federal arm some extremely online analysts believe Elon Musk will one day helm.

That’s one Trump trade I wish I’d known about.

Market Review:

Wall Street surged to fresh records last week, with the Dow Jones Industrial Average and S&P 500 marking their best weekly performances in a year following Donald Trump's election victory. All three major indexes rose Friday and finished the week at record closes. The Russell 2000, a basket of small-cap stocks, also soared.

Investors were buoyed by optimism surrounding a Republican-controlled government, with expectations for deregulation, tax cuts, and an uptick in mergers and acquisitions. However, concerns about the federal deficit and potential inflation risks from tariffs remained.

Stocks also got a lift from the Federal Reserve, which cut interest rates by a quarter point on Thursday, with Fed Chair Jerome Powell expressing confidence in the economy.

Market Preview:

The bond market will be closed on Monday for Veteran’s Day, and no major reports are scheduled.

On Tuesday, the week will kick off with a key gauge of optimism among small business owners, as well as several speeches from Fed officials.

Wednesday will bring key inflation data from October in the form of the Consumer Price Index (CPI), which will surely influence the Fed’s final interest rate decision of the year next month. And more Fed Speak will come in throughout the day.

On Thursday, we’ll get the Producer Price Index (PPI), which gives a glimpse into future inflation by showing price increases for manufacturers, which may be passed onto consumers down the line. Additionally, Fed Chair Jerome Powell will deliver remarks later in the day.

Finally, US retail sales are due Friday, which will clue investors into the state of consumer spending last month.

Together With Money Marketers

Empty calendar? Yikes, that’s not good.

Are you in charge of generating new leads for your business?

Is your calendar empty with only a call or two per week?

We hate to break it to you, but that’s not good. 

Because not all of those calls will even convert into paying customers. 

So you might be lucky if you’re bringing in 1 new client per month. Gulp.

It doesn’t have to be this way.

At Money Marketers, we can help you:

• Generate new leads

• Increase your conversion rate

• Grow your revenue.

We’ve worked with companies ranging from J.P. Morgan to independent business owners. 

Don’t wait: Click here to schedule a call.

IMPORTANT: Please do not click the link above if you’re not serious about growing your business in 2025.

GO DEEPER

🔑 Get Access to Private Investments: Looking for access to private investment opportunities including direct real estate investments and venture capital investments? Click here to fill out this form.

🚀 Grow Your Business: Do you work in the financial services industry? Do you need help with email and content marketing to generate new leads, retain clients, and grow your bottom line? We work with companies ranging from J.P. Morgan to independent financial advisors to help them do exactly that. Click here to fill out this form and schedule a call.

For a second there, I thought it was just me.

On the bright side, only 0.000001% of Americans die of shark attacks each year.

So there’s still that.

Hmm… Both election years… 🤔

Both milestones also occurred the same week as a highly-watched Fed decision — and amid sustained hype following a technological breakthrough. (Dotcom then, AI now.)

More notably, most economists and historians consider March 2000 the peak of the dotcom bubble. We all know how that went.

But perhaps most compellingly, March 21st, 2000 was the same day *NSYNC released their fourth studio album, No Strings Attached, featuring timeless classics like “Space Cowboy (Yippie-Yi-Yay)”. Coincidence? I think not.

Okay, so maybe one election take.

No matter what the data says, it’s hard to argue the economy is going great when more than a quarter of citizens live paycheck-to-paycheck.

Together With Money Marketers

Empty calendar? Yikes, that’s not good.

Are you in charge of generating new leads for your business?

Is your calendar empty with only a call or two per week?

We hate to break it to you, but that’s not good. 

Because not all of those calls will even convert into paying customers. 

So you might be lucky if you’re bringing in 1 new client per month. Gulp.

It doesn’t have to be this way.

At Money Marketers, we can help you:

• Generate new leads

• Increase your conversion rate

• Grow your revenue.

We’ve worked with companies ranging from J.P. Morgan to independent business owners. 

Don’t wait: Click here to schedule a call.

IMPORTANT: Please do not click the link above if you’re not serious about growing your business in 2025.

Another sign of a softening labor market…

(Or maybe just a sign podcast advertising is not the conversion tool it once was.)

Take that, Mark Wahlberg.

😴

TRIVIA