Zaid Admani
๐ค SpeakerAppearances Over Time
Podcast Appearances
Thank you guys so much for listening, watching, and commenting.
Shout out to Mike and Connor for all the work behind the scenes.
And we'll see you guys back here tomorrow.
Public.com presents The Rundown, your daily market update in under 10 minutes.
My name is Zaid Admani, and today is Thursday, January 22nd.
In today's episode, we'll tell you why the markets are moving past the Greenland drama and now focused on the Supreme Court.
We'll also look into Apple's plans to build an AI wearable device and why I'm not a fan.
Then stick around to the end of the
AI feature coming to Spotify.
We got a great show for you today.
Let's go.
Markets had a big time relief rally yesterday in what people are calling the Greenland bounce.
The S&P 500 and NASDAQ both jumped 1.2% yesterday after tensions around Greenland cooled off.
In a speech at the World Economic Forum in Davos, Switzerland yesterday, President Trump said that he would not use military force to take Greenland from Denmark.
He followed that up with a Truth Social post saying that he would not move forward with the proposed tariffs on the eight European countries tied to the Greenland situation.
He also said that a framework of a future deal was in place regarding Greenland.
Now, we don't know much details about that framework, but markets didn't really care.
Investors were just happy that this Greenland situation didn't turn into a full-blown geopolitical mess.
By the way, Trump's speech in Davos was pretty wild, but there was one thing that stood out to me.
It's that Donald Trump cares about the Dow Jones.