This week, a journey through the bonkers world of financial markets, absurd cultural phenomena, and personal reflections from the splendid shores of St. Barts.
A Brief Memoir Moment
I share a childhood anecdote about an imaginary kangaroo in my parents’ wardrobe, a metaphor for life's absurdities and the early seeds of my contrarian mindset. From tales of youthful rebellion to the consequences of throwing stones at buses, I paint a vivid picture of life lessons learned the hard way and before the internet..
The Week in Markets
I dive into the paradox of December markets:
- Winners Ride High: Stocks like Nvidia continue their wild run, even as tech giants like Apple remain geopolitical pawns in the US-China game, the market cocks-a-snoop: Warren Who?
- The Madness of MicroStrategy: Michael Saylor's strategy of leveraging meme stock madness to buy Bitcoin? Genius or depravity? I call it capitalism at its most unhinged.
- Retail Phenomena: Ulta Beauty’s rise as the "crown jewel of vanity" and Estée Lauder's fall from grace become metaphors for the insecurity-driven consumer economy and a stock market seeking unattainable perfection.
Macro Musings
I connect the dots between today’s financial euphoria and the late 1920s:
- Foreign capital is flooding into US markets, fueling asset inflation and American exceptionalism.
- AI dominance, bolstered by the US tech ecosystem, is likened to the golden age of the 1920s.
- I critique the global disarray, from Europe’s leaderless states to China’s economic skids, and I hail America’s continued structural advantage.
Cultural Highlights
From Charles Aznavour’s La Bohème to Nekfeu’s Plume, I try weave some French musical genius into my narrative, underscoring the importance of art and reflection amidst financial madness.
Closing Thoughts
So keep tuning in for more acid insights, market musings, and the occasional existential riff.
Because, together, unified, we’ve got the power.
Hugh
⬇️ Subscribe on Patreon or Substack for full episodes ⬇️
https://www.patreon.com/HughHendry
https://hughhendry.substack.com
https://www.instagram.com/hughhendryofficial
https://blancbleustbarts.com
https://www.instagram.com/blancbleuofficial
⭐⭐⭐⭐⭐ Leave a five star review and comment on Apple Podcasts!
🧢 Hats & Merch
📸 Instagram
🐦 Twitter / X
📩 Substack
👂Listen and 🔥 Subscribe
📺 YouTube
🎧 ...
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.