E10: Market is -5%. Bottom soon? $4K for 1 BR in NYC? AI treatment for Alzheimer's. Bye-bye WeWork?
Description
Market is down 5% from its peak. 10-year bonds yields are rising. In this episode, Donnovan Andrews, Tom Lee, co-founder of Fundstrat and FSInsight, and Chi Tsang, Managing Partner of m1720 discuss what's driving the market. Is it the August effect or something more sinister? When does the market bottom? There's a housing shortage in NYC with average rents for 1 bedrooms at $4K. What is the Mayor doing about it and will it work? Alzheimer's is a growing crisis in the US. 20% of people over 60 have mild cognitive impairment (MCI) and 20% of those will get dementia. Only 15K neurologists in the US. Neuroglee is a virtual neurological specialty care platform that treats MCI patients at home with the goal of delaying the onset of dementia. Housing shortage but office glut. WeWork soap opera doesn't stop giving. It's down 90% year-to-date and value has gone from $47B to $100m. What are the lessons learned?
Holidays are approaching and the tree is going up! Fun facts of the most famous tree in NYC. In this episode, Donnovan Andrews, Tom Lee, co-founder of Fundstrat and FSInsight, and Chi Tsang, Managing Partner of m1720 discuss how the market is running higher despite naysayers. Are investors...
Published 11/20/23
X feed blowing up over AI. Techno-optimist manifesto promises tech and free markets will bring save us all. Biden issues EO to protect us from AI. UK hosts AI Safety Summit although all top AI firms are American. Does AI need to be regulated? Now? Will regulation foundation models stifle...
Published 11/08/23