I wrote up my five favorite investing ideas in Mexico after spending three weeks there. If you like money, have a look.
If you want to invest in something you like there, hit reply, and I’ll try to help you out.
📰 Market Headlines
*past 24-hour performance
President Biden's State of the Union argued US economic recovery post-pandemic is the "greatest comeback story never told."
Tech stocks lead the charge, pushing the S&P 500 and Nasdaq to new highs.
Fed Chair Jerome Powell signaled the Fed may soon cut interest rates.
US jobless claims held steady, with unemployment constant at 3.7%.
European markets reflected this optimism, with the Stoxx 600 breaking past the 500-point level for the first time ever.
“We’re waiting to become more confident that inflation is moving sustainably at 2%. When we do get that confidence, and we’re not far from it, it’ll be appropriate to begin to dial back the level of restriction. I think we’re in the right place.” - Jerome Powell
Enbridge bolsters its dividend growth engine with $500 million in new investments.
Capital One, a Buffett pick, is still a bargain despite a 25% surge.
⚡ Crypto
Tesla's Bitcoin wallet shows an increase of 1,789 BTC.
Spot Bitcoin ETFs attracted $8.5 billion since their January debut.
JPMorgan claims Bitcoin has surpassed gold in investor portfolios.
Bitcoin miner revenue hit its second-highest daily total at $75.9 million.
Superstate leads a new alliance to shake up Treasury trading with blockchain.
🧠 Errata
Crying children and grown men alike attempt to save TikTok from a potential Congress ban.
Sam Altman’s ambition has gone nuclear, with plans for fusion-powered AI and a $7 trillion chip overhaul. [Ed: I’m not impressed unless he’s using cold fusion]
Chernobyl's worms are immune to radiation, leaving scientists to wonder what else these super-bugs are capable of.
