Top Financial Questions This Week
Q: What is currently happening in the cryptocurrency markets?
A: The top 10 Cryptocurrencies are down an average of well over 35% over the past year.
Q: What event underscores the Crypto selling?
A: Strategy Inc. sold Bitcoin for first time since 2022 to make a debt payment after losing over $100 Billion in market capitalization.
Q: What are perpetual futures?
A: Leveraged derivative gambling contracts.
Q: When should you do tax loss selling to reduce capital gains taxes?
A: Now could be better than year-end.
Q: What is the “January Effect” and how could that set up trading opportunities in December?
A: Tax loss selling pressure ends New Year’s Eve for out of favor categories.
Q: How much money have your clients made as a group overall?
A: The McGowanGroup shows the net client profit for 25 years.
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Financial Headline Round Up!
*TEXAS! Musk-Linked Firm, WIT Tech LLC Buys Almost 10 Square Miles Outside of Houston Likely for SpaceX-Tesla Chip Plant.
*AI Trade Hits Overdrive Powering Stocks to Historic Gains.
*Employment Expansion: Job Openings Near 2 Year High. ADP: 122,000 Net New Private Payroll US Jobs Created in May.
*Credit Card Delinquencies: Over 13.12% 90 Days + Delinquent in First Quarter this Year, Highest in 15 Years.
*Space X IPO June 12th, $135 Per Share, $1.75 Trillion Valuation, Morningstar Says $780 Billion.
*Google Raising $84.75 Billion in Equity Offering for AI Spending.
*Blackstone Selling Seattle Skyscraper at a 54% Loss.
*Gated Community: Blackstone Private Credit Fund Caps Withdrawals at 5%.
*Private Credit Shakeout?
*KPMG Hires Anthropic Claude for Global Tax and Advisory Platforms Revamp.
*The Three Mideast Ceasefires Look Like War.
*Open AI and Anthropic IPO’s Coming in Second Half of 2026.
*Europe Poised for Possible Natural Gas Shortage in Winter.
*Victoria Secret Beautiful Again: Up 160% Over Past Year. Hillary Super, Super.
*Microsoft’s New Quantum Chip Targeting 2029 for Useful Machine.
*Trustee Bootcamp Retreat Lessons.
*Key Insights on Datacenter Buildouts for AI.
The Charts and Graphs Featured in This Week’s Show
State Street Standard and Poor’s Depositary Receipt Dow Jones Industrial Average Exchange Traded Fund Trust (12/31/2025 – 6/5/2026)
– Courtesy of Bloomberg LP
Invesco QQQ Trust Series One (12/31/2025 – 6/5/2026)
– Courtesy of Bloomberg LP
Bitcoin to United States Dollar Cross Rate (6/6/2021 – 6/5/2026)
– Courtesy of Bloomberg LP
MicroStrategy Incorporated (6/5/2024-6/5/2026)
– Courtesy of Bloomberg LP
Blackstone Incorporated (6/5/2025 – 6/5/2026)
– Courtesy of Bloomberg LP
Blue Owl Capital Incorporated (6/5/2025 – 6/5/2026)
– Courtesy of Bloomberg LP
New York Federal Reserve Consumer Credit Panel and Equifax Percent of Balance Ninety Plus Days Delinquent by Loan Type Historical Analysis (2003-2026)
– Courtesy of New York Fed Consumer Credit Panel/Equifax
Metaplanet Incorporated (6/5/2024 – 6/5/2026)
– Courtesy of Bloomberg LP
