|
|
Yesterday in Nashville, we met the legendary songwriter and producer Marti Frederickson at Quad Studios. He’s worked with Aerosmith, Faith Hill, Carrie Underwood, Gavin Rossdale, and many, many more. | Check out some of his hits. | | Marti Frederiksen | Playlist · Wyatt · 17 items | open.spotify.com/playlist/7eL4v31NJHxARBtDkpSV2b?si=03ff103f6e1c4ddd |
| |
|
|
|
|
Invest in Iconic Ferrari Collectibles 🏎️ |
The Ferrari Collection by TheCarCrowd |
Now is your chance to invest in a collection of the most iconic Ferrari models, offered by TheCarCrowd. |
| This collection targets 22-26% annual returns with a 4-year hold |
|
Classic cars have been a remarkably resilient alternative asset, and Ferraris are leading the way. |
Over the past 10 years, the collectible Ferrari index has delivered roughly ~11% IRR. |
We're partnering with TheCarCrowd to acquire rare Left-Hand Drive models from the UK at prices up to 40% below US market values, holding for 4 years, then selling. |
Each of these beauties is low mileage and in concours-level condition. 🤌 |
How it works: |
Pricing arbitrage: Capitalize on UK-to-US pricing differentials for Left-Hand Drive Ferraris. 4-year hold: Retain assets for 4 years to allow for maximum appreciation. Return: Export the collection to a US auction house for a high-profile sale. |
Collection details: |
We'll be acquiring the following vehicles: |
Ferrari Testarossa: A cultural icon from Miami Vice and The Wolf of Wall Street, known for its distinctive design and powerful flat-12 engine. Ferrari 328 GTS: The final model from Ferrari’s analog era, beloved for its pure driving experience. Ferrari 355 Berlinetta: Featured in James Bond’s Goldeneye, this launched Ferrari into the modern supercar age with groundbreaking performance and design. |
Interested in joining us & owning a part of this collection? |
|
Risk Statement: As with any syndicate there is always an element of risk. Capital is at risk and the value of the assets can go down as well as up. Past performance is not a guide to future performance and you may not get back the amount initially placed. TheCarCrowd is not regulated by the UK Financial Conduct Authority, although opportunities to join our syndicates aim to comply with all UK crowdfunding regulations. This opportunity is a private placement into a syndicate that will own the assets outright. Any deposited capital will not be protected by the Financial services Compensation Scheme. This syndicate opportunity is only suitable for High Net Worth, Sophisticated, Professional or Institutional investors. |
|
📰 Market Headlines |
|
Tech stocks led a broad market selloff yesterday. |
The S&P 500 dropped 1.4%, the Dow Jones Industrial Average fell 1.3%, while Nasdaq 100 plunged 2%. |
Ohio regulators proposed that large data centers pay for at least 85% of their projected energy use to cover grid improvement costs. |
Spirit AeroSystems announced plans to furlough approximately 700 employees for 21 days starting October 28. |
Apple shares tumbled 3% after an analyst reported iPhone 16 orders were cut by about 10 million units through mid-2025. |
Boeing employees rejected management’s deal. The strike wobbles on. |
|
🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
|
😱 Fear and Greed Index |
|
|
🎤 What you said last time |
|
What you had to say: |
“They both plan to spend and not make up for it. Neither party is willing to make the hard decisions on taxes/spending. The right's tax cut fairy tale is more damaging than the left's desire to help people with infrastructure and health care.” |
|
Billionaires wanted it, but 66,737 everyday investors got it first… and profited |
|
|
When incredibly rare and valuable assets come up for sale, it's typically the wealthiest people that end up taking home an amazing investment. But not always… |
One platform is taking on the billionaires at their own game, buying up and offering shares of some of history’s most prized blue-chip artworks for its investors. In just the last few years, those investors realized representative annualized net returns like +17.6%, +17.8% and +21.5% (among assets held 1+ year). |
It's called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Warhol, all of which are collectively invested in by everyday investors. When Masterworks sells a painting – like the 23 it's already sold – investors reap their portion of any profits. |
It's easy to get started, but offerings can sell out in minutes. |
Our readers can skip the waitlist to join with this exclusive link. |
📈 Trends you need to know | | Existing home sales continued its decline as mortgage rates remain stubbornly high. |
|
|
|
🧠 What do you think? |
In 2025 housing prices will be |
|
|
📊 Stocks |
|
|
Winners and losers |
Earnings, upgrades, and acquisitions |
T-Mobile beat expectations; shares climbed 2.44% in after-hours trading. Tesla beat profit expectations; shares jumped 7% after hours. IBM surpassed Q3 profit estimates but missed revenue expectations; shares fell 6% in extended trading. Mattel lowered its full-year sales forecast; shares rose nearly 2%. Coca-Cola topped Q3 earnings estimates, raising its organic revenue growth forecast to 10%; shares fell 2% in morning trading. |
Market movers |
TSMC halted chip shipments to a customer after discovering its chips in a Huawei product. The Boeing strike has cost the economy $7.64 billion so far. Apple released the first iOS 18.2 beta, adding AI features like image generation, Visual Intelligence, and ChatGPT integration. T-Mobile introduced the "Un-contract," guaranteeing customers' rate plans will never increase. The DOT fined American Airlines a record $50 million for mistreating passengers with disabilities. McDonald's temporarily stopped selling Quarter Pounders at a fifth of its restaurants due to an E. coli outbreak. |
Ideas, trends, and analysis |
|
|
Gold prices hit record highs as stocks edged lower during uncertainty around US election worries. The Fed's latest Beige Book showed economic activity remained steady from September to early October. US existing home sales plummeted to a 14-year low of 3.84 million units in September. |
|
|
|
|
🌍 Global Perspectives | | 🇺🇸 🇺🇦 The Biden administration pledged $10 billion in military aid to Ukraine as part of a $50 billion G7-EU loan. 🇨🇺 Cuba extended school closures and kept non-essential workers home after a power grid collapse and Hurricane Oscar. 🇺🇦 Over 200 wounded Ukrainians received free aesthetic treatment for scars and burns from the ongoing war. 🇳🇬 Nigerian President Tinubu reshuffled his cabinet, appointing seven new ministers as inflation hit 32.70%. 🇻🇪 🇺🇸 The US charged Venezuelan TV owner Raul Gorrin in a $1.2 billion money laundering case involving PDVSA. |
|
|
|
📊 Crypto | | Bernstein's "Black Book" predicts Bitcoin will hit $200,000 by the end of 2025. Core Scientific forecasts $8.7 billion in revenue over 12 years after expanding its hosting agreement with CoreWeave. Tesla transferred $765 million worth of Bitcoin to unidentified wallets. Variational secured $10.3 million in seed funding to expand its peer-to-peer trading protocol for crypto derivatives. | |
|
|
|
🧠 Errata | Britain's Home Office issued an official passport for Paddington Bear. A South Carolina man won $300,000 after returning to buy a lottery ticket he almost skipped. A Bangladeshi woman set a new Guinness World Record by chopsticking 37 rice grains in one minute. An Australian animal rescuer engaged in a high-stakes rooftop chase with a lace monitor lizard. |
|
|
|
📺 What to Watch Today |
| Paddington issued official passport by the Home Office #itvnews #news |
|
|
That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
|
|
|
|
|
