Announcing the Winner of the CTP Cup 2024!

SECURE Act Benefits for 529 Plans

China - turn around in gaming rule discussion

Boeing Under Pressure - Loose Nuts?

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Warm Up

- And we are back - Happy New year - Welcome to 2024

- Announcing the Winner of the CTP Cup 2024!

- SECURE Act Benefits for 529 Plans

- China - turn around in gaming rule discussion

- Boeing Under Pressure - Loose Nuts?

Market Update

- Worst start to the year since ... 2015 (Whatever that means)

- Market continues to have little muscle memory (Still down for the YTD)

- CES getting those AI juices flowing again

- BITCOIN ETF - News OUT! WELL- HACKED - Changed - WOW!!!

** Start of year 2024 - Looking for you to write dome reviews on Spotify , Apple Podcasts, Amazon Podcasts - Wherever - spread the word people!

Start with this!!!!!!!

-Bitcoin on the move

- 13 companies filed for a spot Bitcoin ETF

- Rumors that some decision will be made early this week

- Bitcoin tops $47,000 on the news

- May be sell the news moment..

---- 4:15PM TODAY - UPDATE: Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges. The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection. (SEC Titter)

--- 4:27PM Bitcoin down - explained as sell the news BUT- Gary Gensler private account:  @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

---- SO, was this a not approved or a not approved YET????

Podcasts Rule - Killing the Competition (or??)

- Radio giant Audacy has filed for bankruptcy protection amid a slump in advertising revenue.

- The Philadelphia-based company, which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Texas after a restructuring agreement with a majority of its debtholders.

- The agreement will see the company cut roughly 80% of its nearly $2 billion in debt.

No Ceiling

- The U.S. federal government's total public debt has reached $34 trillion for the first time, the U.S. Treasury Department reported last week.

- Each party is blaming the other

- Biden plans to reduce U.S. deficits by $2.5 trillion over 10 years by increasing taxes on large corporations and wealthy Americans and cutting spending on pharmaceuticals and tax breaks for oil companies.

- Trump wants the tax cuts to be permanent.

Bad Start

- Traders hoping that a pan-markets year-end rally would pick up where it left off got the opposite on 2024’s first trading day, a session that featured one of the worst-ever concerted drops in stocks and bonds to start a year.|

- The SPDR S&P 500 ETF Trust (ticker SPY) and iShares 20+ Year Treasury Bond ETF (TLT) each fell 0.6% Tuesday, the first time they’ve both slumped so much to start the year since the bond gauge began trading in 2002.

--- First week was not plesant for most areas of the market - Looks like people were holding on to avoid paying taxes in 2023 (April 2024)

----- Then dumped

Starbucks

- Starbucks app: Coffee giant accused of rigging payments to the tune of nearly $900 million over 5 years

- This is the probelm with gift cards and these plans - so much is forgotten about

- “Starbucks rigs its payment platform so consumers are encouraged to leave unspent money on their cards and apps,” said Chris Carter, campaign manager for the group in a statement.