The Fed Can Buy Any Public Company. Nobody's Talking About It.

The Federal Reserve can legally buy any publicly traded company outright — no permission required. Jerremy Alexander Newsome and Dave Conley open with the Dow hitting a record 53,058, though Jerremy flags SanDisk and Micron as stretched after their runs. Dave counters that AI now makes up roughly 40% of the Nasdaq, a concentration risk the Fed has no playbook to unwind. They dig into SpaceX's 45% three-day round trip as a sign speculative money is moving fast with no fundamentals attached. The back half turns to politics: progressive challengers beating corporate-backed Democrats in primaries across Maine, New York, Michigan, and Colorado.Timestamps:(00:00) Pigs and donkeys – crash the Fourth of July pet parade(01:35) Fed's hidden power – it can legally buy any public company(07:52) Zero-revenue stock – trading like it's a legitimate business(11:25) Primary upsets – progressives are quietly reshaping both parties🌍 Connect with us: Instagram | YouTube | X