Episode 772: The DC Today - Wednesday, January 10, 2024
The drama on the SEC/bitcoin ETF deal moved today. Yesterday it was that they had approved a bitcoin ETF as expected, and bitcoin prices fell.
The drama on the SEC/bitcoin ETF deal moved today. Yesterday it was that they had approved a bitcoin ETF as expected, and bitcoin prices fell.
Today's Post - https://bahnsen.co/4aN8tiB
An up day for markets across the board.
The drama on the SEC/bitcoin ETF deal moved today. Yesterday it was that they had approved a bitcoin ETF as expected, and bitcoin prices fell. But then they announced that, no, they had not approved it (yet), and the announcement was from a “hack.” Uh-huh. Then the chairman of the SEC took to Twitter to announce that people investing in crypto should “be cautious” due to “serious risks involved.” And today they approved the ETF exactly as had been reported yesterday.
I was on Varney this morning talking wealth tax, Wall Street’s view of government spending, and dividend thoughts.
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.
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