Joe Weisenthal (Bloomberg Odd Lots co-host) discusses how market sentiment regarding antitrust enforcement shifted after the 2024 U.S. election.
Opinion
Weisenthal: Trading Solana meme coins is not comparable to building railroads
“The premise that like investing in crypto that like investing in meme coins, which is the primary use of Solana is somewhere along the land space travel in the same conversations. Like we built the railroads, we landed on the moon and we trade coins on Solana.…”
Assertion Not checkable as stated
Joe Weisenthal: The anticipated Trump M&A green light has not materialized
“This expectation that the new administration was going to be sort of this, like, at least on the regulatory side, or at least on the deal side, the sort of like libertarian green light, everything is not really panned out.”
Assertion Supported
Weisenthal: FTC Chair Ferguson is keeping Lina Khan's merger guidelines
“And it's interesting because he's keeping Lena Khan's merger guidelines in place.”
Opinion
Weisenthal: Investors mistaken to expect a Bush-era lenient FTC under Ferguson
“He's like, we're not, we take this idea of corporate power as a harm very seriously. And if you think this is going to be sort of like a Bush era FTC, you're mistaken, which I think is really interesting and probably relevant for investors, both in private and…”
Opinion
Weisenthal: The idea that LLMs approach human intelligence is a joke
“I'm simultaneously every day blown away, and I'm also every day like, Oh, this is the dumbest thing I've ever seen. And the idea that this is approaching human intelligence is a joke.”
Prediction Open · timeframe Mar 2030
Weisenthal: There will be another SPAC boom in his lifetime
“SPACs have come and gone multiple times in their history, so I would never bet against the return of the SPAC. It might take a while. I think, you know, it's like, maybe even like every 15 or 20 years or whatever, but I am confident that in my lifetime, there …”