Why Bitcoin & Stocks Are Crashing (And What To Do)
Phil Rosen, the Co-Founder of Opening Bell Daily, and Anthony Pompliano, CEO of Professional Capital Management, discuss why stocks and bitcoin are down, economic policies for Trump & Kamala, proposed capital gains tax increase, and outlook on asset prices during interest rate cuts.
TIMESTAMPS:
0:00 - Intro
0:40 - Bitcoin outlook
3:22 - Long-term thinking on stock market
10:33 - Vice President Harris capital gains tax
19:30 - Convincing voters that government needs to cut spending
24:28 - Zero-based budget solution
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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
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