Crossroads
Fintech Friday + Market Madness (with Steve and Evan)
9/13/2025, 5:07:46 AM
Economic Summary
- Nearly 1 million jobs removed in recent revision
- Unemployment slightly hot but bull market intact
- Fed expected to cut rates soon, possibly 25 bps
- Rate cuts could boost loan originations and reduce defaults
Bullish
- S&P 500 could reach 7,000 due to earnings and CapEx expansion
- Large tech firms accelerating massive CapEx spending
- BMNR benefits from Ethereum adoption and staking yields
- Robinhood's innovation speed creates enduring competitive moat
Bearish
- Apple may face slow decline due to lack of innovation
- Retail shorting on Robinhood could harm inexperienced investors
- Jobs data revision shows weakness in labor market
- Tesla requires many things to go right for success
Bullish tickers
NVDABMNRGOOGLMSFTMETAAMZNAVGOHOOD
Bearish tickers
AAPLTSLA
People mentioned
SteveEvanTanner FlakeAmitRoyJoseph CarlsonAnthony NotoJensen HuangTom LeeChris PatelDan IvesMark ZuckerbergVladBrandon SandersonGeorge R. Martin