BlackRock Makes Bitcoin Play, AI Stocks to Watch episode artwork

EPISODE · Jun 16, 2023 · 6 MIN

BlackRock Makes Bitcoin Play, AI Stocks to Watch

from Money Printer Go BRRR Podcast · host franklocascio

In this episode of Money Printer Go Brrrr, we navigate the choppy waters of the global economy with the Yen's 2% slide post-BOJ, and also analyze metals' recent 5% ascent on the back of Chinese stimulus efforts. We cast a critical eye over the Fed, as we unpack their Discount Window borrowing expansion from $3.1B to $3.6B, along with the insider trading activity of the Fed's Bostic during the blackout period warranting scrutiny. On the AI stocks front, Adobe's robust Q2 earnings, which boosted their shares by over 5%, deserves attention. In the cryptoverse, a potential game-changer - BlackRock's proposal for a Bitcoin ETF. Despite the SEC's history of rejection, will BlackRock's $10 trillion portfolio be enough to sway the decision? Make sure to subscribe to the podcast and rate & review. We also publish a daily email newsletter with memes, AI political cartoons, and commentary. Subscribe at https://thebrrr.com and follow us on Twitter @frank_locascio

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