According to those mysterious gods of finance known as exchanges (ethereum, if you’re one to trust names), futures open interest (OI) is strutting around $64.57 billion-roughly 14.43 million ETH-like a cat convinced it owns the place, all courtesy of Coinglass. Markets have been chopping about September as if trying to figure out where the last slice of pizza went.
If you’ve 500 pieces of silver jingling in your purse and a thirst for tales of redemption, consider the following three stocks: Carnival, the cruise-ship knight who lost his ship but not his sword; Lululemon Athletica, the athleisure guild caught in a sartorial slump; and Pagaya Technologies, the alchemical lending guild that thinks spreadsheets are magic.⁴
Still, the Hartford Funds have a point: “Since 1960, 85% of the S&P 500’s total return came from reinvested dividends.” Sounds impressive until you remember that 85% of *anything* is just a fancy way of saying “most of it.” But hey, who am I to argue with numbers that rhyme?
Units of Skepticism Activated: 1. Hours Spent Questioning the Math: 0. (Math is scary.)
Now, if you’re thinking about stuffing your pockets with Uber stock, you might want to consider the four solid reasons to do so-before it’s too late.
Despite all the gleaming new tech, investors continue to chug along, merrily ignoring the whispers of a slowing economy. The job market is stuttering, but who cares when you can hold shares of companies that sound futuristic? That’s why, if you’re looking to dip your toes in this bubbling cauldron, I’d suggest getting your hands on stocks that are as undervalued as your childhood piggy bank.
Exchange-traded funds (ETFs)-these undemanding, almost humble instruments-could be your salvation. They’re like a well-worn coat, covering you across a broad array of stocks. They shield you from the crushing weight of individual risk, ensuring that no one failure will break you. But of course, the hard truth remains: even in an ETF, failure waits around every corner. It’s the old story of the lottery ticket-only here, you don’t need a ticket to be disappointed. You need a system, a strategy. And that’s what ETFs offer: a system.
PayPal, that most pragmatic of financial architects, did not wait for the storm to arrive. It began its ascent in 2020, when it offered its users the keys to the cryptic kingdom-Bitcoin, Ethereum, and their lesser kin. Venmo, its loyal steed, followed in 2021, and by 2023, PayPal had forged its own stablecoin, a digital gold coin stamped with the authority of its vast network. The world, in its infinite haste, has rushed to judge these moves as mere transactions, when in truth they are the slow, deliberate steps of a man who knows the weight of every coin.
First up, Jennifer Saibil on Shopify: Oh, the sweet smell of opportunity wafting from this tech delight! Shopify has strutted its way to doubling its stock price in the past year. As the belle of the U.S. e-commerce ball, it is thoroughly positioned to ride the wave of growth-like riding a bike, only if the bike is made of tech and the wave is very much in vogue.
This, dear reader, is not merely corporate posturing. It is a clash of arcane philosophies, a battle of algorithms and aura. And in this particular skirmish, the wizards of Palantir may yet find themselves holding the golden key to the vault of investor delight.
Should one willingly forsake the comforts of electricity-even for a fleeting hour-the absence will strike a discordant note, thrusting one into a semblance of the Dark Ages. Such is the essence of power in contemporary existence, underpinning our every endeavor. It is precisely this unyielding demand that renders the utility sector an inherently stable sanctuary, lest the world should grind to an unceremonious halt.