1% Insights

One day after the election, stocks get wrecked, and Trump already knows who to blame😇😇

His post on Truth Social:

"The Stock Market suffered one of the Worst Days in History based on the results of the Election... Your 401(k)s have, therefore, dropped. Remember, it wasn't Republicans, it was Dumocrats."

Then the usual ending: don't worry, we'll be BIGGER AND STRONGER THAN EVER BEFORE. MAGA #Nasdaq100Tumbles6% #TRUMP

🚨The midterms just made Trump's last two years a lot harder.

Democrats took the House AND the Senate, and flipped a bunch of red-state Senate seats along the way. So every bill and every nominee he wants now has to get through a Congress run by the other side.

Two people hold most of that power: Chuck Schumer, who leads Senate Democrats, and Hakeem Jeffries, who's about to become Speaker of the House.

Trump told ABC News he hasn't talked to either of them since the election. He still thinks they can work together, though:

"I think we can get along. If we can do that, it's good for the country. The country's had enough."

Then he made a point of adding this:

"I've spoken to other Democrats since the midterms, not those two. Others. They've been calling me. I have friends in the Democratic Party."

So he's offering to work with Democrats while making it clear he doesn't need their leaders to do it.

Real olive branch, or is he trying to split them? 🤔🤔 #USMidterms-WhatAreMarketsExpecting? #TRUMP

🎙️Charlie Munger at 99, on the worst bet of his career:

"I got charmed with the idea of their position on the Chinese internet. I didn't stop to realize that it was still a goddamn retailer."

This is from February 2023. He sat down with CNBC at the Daily Journal meeting and called Alibaba "one of the worst mistakes I ever made" 🤯

The lesson he took from it is simple. He fell for the internet-giant story and never asked how the business actually makes money. And retail is a knife fight. The moat isn't nearly as deep as the hype makes it look #CharlieMunger #invest

Your stock's down 30% over 11 years. What do you do?🤔🤔

Dan Bin, a well-known Chinese investor, put this exact question to Buffett face to face: Coca-Cola dropped 30% in 11 years, so what's your take?

Buffett's answer: when stocks fall, other people get scared. Me? I love it 😂I get to buy great companies cheaper #stock #Buffett

🚨Ken Fisher keeps hammering one point: bear markets almost never come from the thing everyone's already scared of.

US debt just crossed $40 trillion and the timeline's full of "death spiral" takes. But he points out global debt-to-GDP has actually come down, from about 285% at the end of 2020 to around 246%. And the risks everybody talks about every day? Mostly priced in already.

What actually blows things up is usually some well-meaning government move nobody's paying attention to. Look at 2008. Accounting rules forced banks to mark their assets to market, they had to take massive write-downs, credit froze, and the whole economy got dragged down with it.

So forget the $40T for a sec. What's the thing nobody's talking about right now? #KenFisher #GDP #SEC #Tbills

🔥🎙️Trump on the $6.3B Binance hack: "We don't know. We're looking at that"

Reporters asked him point-blank if North Korea was behind it. He wouldn't say yes.

The on-chain sleuths already have their answer, though. TRM Labs and Elliptic both point to TraderTraitor, the crypto-stealing unit of North Korea's Lazarus Group. The FBI and Secret Service are on it too #BinanceHacks #Binance #TRUMP

#FOMC‬⁩ Fed Chair Kevin Warsh just dropped a line every AI bull should hear:

"Interest rates get in the cracks."

Someone asked him if the AI boom is immune to higher rates. His answer: nope. Rates hit almost everything, directly or indirectly. He even pointed out investors have gotten a lot pickier since early September. That's rates doing their thing.

The Fed held at 3.75%–4% this week, but two members voted for a hike. And Warsh didn't sound like a guy in a hurry to help:
· Inflation is "still too high" and it's on the Fed to bring it down
· No promise on a December hike, but what matters is where rates end up, not when
· Politics played zero role in the call

#FOMCWatch When rates stay high, the rich aren't the ones who get hurt first. The bottom 60% are.

Ray Dalio just broke it down, and it's pretty simple:

The government keeps borrowing, and everyone else gets pushed out of line for credit.

If you've got plenty of money, you're the last to feel it. Families without much cushion and companies that can't easily borrow feel it first.

Then credit gets tight, business slows down, profits drop, and stocks eventually catch up.

Basically, high rates make the strong stronger and squeeze everyone else. The market just takes a while to notice.

Elon just handed 200+ neoclouds a death sentence.

His post on X was unusually blunt: over the past few weeks, debt markets have "almost entirely shut off access to money" for any company that doesn't have substantial revenue outside of AI data centers. In plain terms — if your only story is selling GPU hours, the debt window is basically closed.

Three things worth pulling out of this:

1. The money tap is off. Bond market isn't funding pure-play compute stories anymore.
2. 200+ neoclouds are heading for "guppy-level death and consolidation." Most won't make it.
3. SpaceX just closed $40B in debt for GPUs — but only because it's investment grade with Starlink and launch revenue backing it.

The real signal: in this cycle, revenue and credit rating decide who survives. Pure infrastructure plays without independent cash flow are about to find out what a leverage cliff looks like.