US Stock Market Cap to GDP Reaches 190%, Eclipsing Dotcom Bubble High
The Breakdown1 Sep 2020

US Stock Market Cap to GDP Reaches 190%, Eclipsing Dotcom Bubble High

Today’s episode of The Breakdown looks at the stories the stock market is trying to tell, including: New all time high in total market capitalization to GDP ratio (higher than dotcom bubble) “No precedent for how high” valuations can go Fed denies asset bubble; intimates it wouldn’t care about asset bubbles if full unemployment comes with it Bezos at $200,000,000,000 Percentage of stocks traded by individuals reaches all time high of 20% Robinhood leads in FTX complaints Buffett’s Japan trading firm bet

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Episoder(2079)

The History of Standard Chartered Megabullish Price Predictions

The History of Standard Chartered Megabullish Price Predictions

Standard Chartered just put a $100 price target on Uniswap by 2030 — a 40× move from current levels. David walks through the call, the tokenization thesis underpinning it, and how Standard Chartered's...

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The US Just Made the Case for Open-Source AI

The US Just Made the Case for Open-Source AI

Anthropic released Fable V — a wrapper around its Mythos model with strict guardrails. Within 24 hours, the White House forced it offline over a jailbreak that exposed Mythos's full cyber capabilities...

15 Jun 21min

Blockworks Acquires Messari

Blockworks Acquires Messari

In this special episode, Blockworks announces its acquisition of Messari and unpacks what it means for crypto’s next phase. Michael and Jason explore why Messari’s breadth of data, APIs, and research ...

12 Jun 28min

SpaceX Just Became the Most Valuable Post-IPO Company Ever

SpaceX Just Became the Most Valuable Post-IPO Company Ever

It's SpaceX IPO day, and it’s on track to be the most valuable post-IPO company in history — $1.77T, surpassing Saudi Aramco. David walks through the numbers, the pre-IPO trade on Hyperliquid, and why...

12 Jun 21min

BlackRock's Bitcoin ETF Is $13 Billion Underwater

BlackRock's Bitcoin ETF Is $13 Billion Underwater

BlackRock's IBIT is sitting about $13 billion underwater on its Bitcoin holdings. Every ETH ETF is in the red. David walks through which funds bought the top, which took profit, and what happens to cr...

10 Jun 26min

Inside Pump.fun's New Bounty Platform

Inside Pump.fun's New Bounty Platform

Pump.fun just rolled out Pump.fun Go — a bounty platform that pays you crypto for filming yourself doing… well, whatever. David on why this might actually matter for the next retail cycle. Plus: the c...

8 Jun 30min

Brutal Zcash Bug Sat Hidden for 4 Years

Brutal Zcash Bug Sat Hidden for 4 Years

A critical bug in Zcash's Orchard shielded pool could have minted unlimited counterfeit ZEC — and it sat there for 4 years. The price has lost ~47% in three days. David walks through what happened, wh...

5 Jun 26min

Crypto Still Sees Massive Returns On Par With Stocks

Crypto Still Sees Massive Returns On Par With Stocks

Everyone's saying crypto has been left behind by the stock market. David digs into the numbers — VVV outperformed SanDisk YTD, Hyperliquid beat NVIDIA and AMD, Stellar beat NVIDIA. The market is selec...

3 Jun 21min

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