This 30-year market veteran is alarmed by a record-chasing S&P 500. Here’s where he’s investing instead.
Steven Jon Kaplan sees a completely irrational stock market right now, and investors ignoring a perfectly safe way to play that. Source：MarketWatch
Bitcoin holds above $80,000 as Asian stock rout drags altcoins lower
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.…
Bitcoin dips to $80.1K as KOSPI closes at its lowest since April
Bitcoin price action continued to see contagion from a Korean tech selloff after the KOSPI Index fell 7.5% on Thursday. Source：Cointelegraph
I’m 64 years old, with two sons, but only one works in the family firm. Should I leave him 70% of the business?
“I have some reservations about the longterm stability of my younger son’s marriage.” Source：MarketWatch
‘New Girl’ star Jake Johnson lists lush and private Pasadena estate for $3.3 million
Jake Johnson is looking to sell his fourbedroom, fourbathroom Southern California property, which offers approximately 3,153 square feet of living space.…
Why the AI trade is not set up for a rebound like July’s, according to JPMorgan
Fewer shorts, buybacks ending, no inflows and too many longs imply no recovery is imminent, says a JPMorgan strategist. Source：MarketWatch
TSMC CEO sees no sign of a slowdown as chip foundry reports record profit
The semiconductor foundry announced thirdquarter net profits of 763.34 Taiwanese new dollars, marking a record. Source：MarketWatch
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession. Source：CoinDesk
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov.…
Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled. Source：CoinDesk
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. Source：Cointelegraph
Anthropic’s slowing growth could be the AI trade’s latest red flag
Anthropic’s revenue growth appears to be cooling as the company prepares for its public debut, further stoking investors’ AI jitters Source：MarketWatch