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Neal Freiman

๐Ÿ‘ค Speaker
27131 total appearances

Appearances Over Time

Podcast Appearances

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

So that was one of the proposals that we actually hadn't heard for the first time.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

And it raised hackles again for possible insider trading, because one of the things you could bet on, not all of these things that he's had that he was going to say you could bet on, but you could also bet on the length of his speech.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

And certainly a lot of people inside his circle knew how long the speech would be and also what he would say.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

So Chris Murphy, who's a senator from Connecticut, said, I can't believe

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

We haven't regulated or cracked down on Kaoshi, Polymarket, these prediction markets.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Anytime it seems there's this big event in the world, whether it's the Super Bowl or the State of the Union, prediction markets play a big role.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

And there seems to be a lot of outrage about possible insider trading or how can we possibly be betting on these things that Trump is going to say, the word autism.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Nothing seems to happen yet, but it seems like there's a bit of a groundswell growing against these prediction markets for these big events.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

I was going to stop you early, but it was your birthday yesterday, so I'll let you run.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

It's true.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

You can't vibe code a quarter pounder in real life.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Stocks are so in right now.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

And I want to run through some of these numbers.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

The S&P 500 software sub index software sub index is down to its lowest level since Liberation Day back in April.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

It's lost one percent.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

point two trillion dollars in market cap in less than a month.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Meanwhile, let's talk about real economy stocks.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

The S&P 500 utilities sub index is up nine percent.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Energy stocks are up twenty three percent.

Morning Brew Daily
Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

The mining index is up over 100 percent since last year.