Russ Mould
๐ค SpeakerAppearances Over Time
Podcast Appearances
Now, there are all sorts of dark conspiracy theories about how an account was opened before the president's statement came out.
Well, I'm going to be very careful what I say because I'm sure there are some lawyers listening.
But somebody somewhere made a few hundred million dollars without too much effort.
It's interesting to see that US stocks looking at the futures market are trying to bounce this morning.
Crypto is putting a bit of a bounce over the weekend because the president, having caused all of this carnage, either wittingly or otherwise, did say, oh, no, no, I'm still going to meet President Xi.
Don't worry about it.
It's all going to be fine.
I'm sure it'll all blow over.
Yes.
I think, and I think it's interesting that you, again, looking at social media, you know, we've had a phenomenal bull run in pretty much most assets that you can think of.
So if a two to 3% stumble causes people to lose their mind and lose an awful lot of money, it does make you worry as to exactly how much borrowed money has been used to fund some of these stock, some of this stock trading and just how much risk people have taken, which is, is, is worry and
And, you know, if nothing else, October, as we know, is a tricky month.
And as Mark Twain once wrote, October, one of the most peculiarly dangerous months to speculate in stocks.
The others are January, February, March.
Very good.
Very good.
So there you go.
Yeah, this is got a Chinese parent called Wing Tech and the Dutch government.
So the Chinese assets are based in Nijmegen in the Netherlands and the Dutch government has frozen its operations file to replace its chief executive on national security grounds.
It's actually cited something called the European Goods Availability Act and is claiming there are government security issues and it has proof that