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

It’s been a topsy-turvy start to the year for investors, but never fear. I personally have a 100% foolproof strategy for weathering market volatility:

I spend money, I don’t invest it.

Together With TuneGo

The Music Industry’s New Frontier

Music fans are more eager to engage with their favorite stars than ever before. Unfortunately, standard streaming platforms and middlemen limit these connections, leaving fans in the dark and revenue opportunities untapped. 

Until now. 

A new company named TuneGo is changing the game — and you have an opportunity to be a part of the revolution as an early investor.  

TuneGo empowers artists and labels to sell music and merchandise directly to fans through its B2C SaaS platform. With 15 granted patents, TuneGo is positioned to capitalize on the underserved $4.5 billion superfan industry, with individuals who spend 80% more than the average fan. 

Interested in joining this cutting-edge company on the ground floor? Tap this link to schedule a Zoom meeting directly with a member of TuneGo’s team.

Market Review:

It was a turbulent week on Wall Street, culminating in a sharp sell-off on Friday after a stronger-than-expected jobs report cast doubt on the likelihood of further interest rate cuts from the Federal Reserve this year.

The Dow Jones Industrial Average tumbled nearly 700 points, or 1.6%, while the S&P 500 and Nasdaq Composite dropped 1.5% and 1.6%, respectively, pushing the major benchmarks into the red for 2025.

US payrolls grew by 256,000 in December, well above economists’ forecast of 155,000, and the unemployment rate fell to 4.1%, stoking concerns that the Fed may not lower rates as anticipated. As a result, traders now assign a 97% probability that the central bank will keep rates steady in its January meeting, with odds for a March rate cut falling to just 25%.

The bond market also reacted, sending the yield on the 10-year Treasury to its highest level since late 2023. Chipmakers like Nvidia, AMD, and Broadcom led the losses, while small-cap stocks, vulnerable to borrowing costs, saw the Russell 2000 drop more than 2%.

By the end of the week, all three major indices were set for weekly declines, with the S&P 500 down 1.8%, the Nasdaq off 2.4%, and the Dow slipping 1.6%.

Market Preview:

With the Fed signaling growing caution, Wall Street will closely monitor several important economic reports next week that could shift the central bank’s sentiment, or cement its hawkish stance.

On Monday, the US federal budget for December will be released.

Tuesday will feature the NFIB optimism index for December, along with the producer price index (PPI) and core PPI for December, offering insights into wholesale inflation pressures. The Federal Reserve's Beige Book will also be published that afternoon.

Wednesday will bring key inflation data in the form of the consumer price index (CPI) and core CPI for December. We’ll also get plenty of Fed Speak to contextualize the results within the Fed’s wider policy plans.

Thursday is packed with data, including initial jobless claims for the previous week, retail sales for December, and the import price index for December. Additionally, the Philadelphia Fed manufacturing survey and business inventories data for November will be released.

On Friday, housing starts and building permits for December will close out the week on Wall Street.

Here is the first of several stark red flags we have for you today.

Meanwhile, my New Year’s resolution was to pay less mind to the FUD.

So that’s going well.

Never bet against the most commonly held reserve currency.

Still getting pounded by the pound though. I thought we won the war…

Wait… so Wall Street doesn’t have a crystal ball?

Jokes aside, this is a very illuminating chart. But I’m not sure I needed it to tell me that unchecked hype can get out of hand.

Sponsored by TuneGo

T-Swift Was Just the Start

Taylor Swift was just the start. Fans have proven they’re willing to pay up to support the artists they love. And we’ve seen firsthand the massive economic impact fandom can have.

TuneGo is poised to capitalize on this phenomenon. It helps musicians and record labels connect with their top fans in unprecedented ways. With the music industry set to grow to $163 billion by 2030, we’re going to see a lot more megastars emerge, and TuneGo might just become an integral part of that sea change.

But it’s not just musicians and their fans who stand to benefit. You can get in on the ground floor of this revolution too. Tap this link to schedule a Zoom meeting directly with a member of TuneGo’s team and learn more about this unique opportunity.

Here I was thinking we’d fixed our inventory shortage…

Take it as your daily reminder that most solutions bring along their own problems.

Guess this is what they mean when they say “democratization of wealth”.

Shouts out Satoshi Nakamoto though. The absolute embodiment of diamond hands.

💎🙌

TRIVIA