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This Week in The Degenerate Economy
Axon Stock Keeps Chugging, Google Will Get Love, and Wall Street loves AI, Crypto and Retail
Every Wednesday I am taping these shorter (with light edits) ‘This Week in The Degenerate Economy’ to help me get my thoughts organized on this massive trend. I made changes to the degenerate economy index last week as well adding Affirm $AFRM ( ▼ 8.4% ) . This should be the best ever US economy for Affirm’s BNPL (buy now, pay later) as tariffs meet degeneracy.
This week I cover the following topics:
The quiet dominance of $AXON ( ▼ 3.27% ) (formerly Taser), the AI prompts that are replacing Wall Street analysts, and how a viral moment with Sydney Sweeney pumped $AEO ( ▼ 1.27% ) stock. Plus: Why $GOOG ( ▲ 2.44% ) stock performance doesn’t match its profits but if the market holds will start catching up, why the retail investor base is on it’s way to 30 percent of the market, and a look at Galaxy Digital’s crypto climb $GLXY ( ▼ 1.1% ) .
You can follow along with how I have been investing along this theme the last few years with the index I created here.
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