CAPITAL CALL #13: NIKE DUCKS TARIFFS, CANADA JABS US TECH, AND LBJ PUNCHES THE FED CHAIR
In Episode 13 of The Capital Call, Quinn and Drew dig into a market-moving mix of index reshuffles, trade spats, and monetary lunacy. First up: the Russell 2000 reconstitution, where 28 new names are getting added and billions in capital are about to blindly shift—all because someone updated a spreadsheet.
Then it’s on to Canada’s new digital services tax, which has Trump furious because, let’s be honest, it’s mostly aimed at U.S. tech giants. What follows? Vague threats, tariff teasers, and a surprisingly teachable moment about trade deficits, VAT systems, and why retaliating against your neighbor with electricity leverage is a bad idea.
CAPITAL CALL #12: CAN DAVID DEMING FIX INTEREST RATES & SELF-DRIVING CARS IN ONE EPISODE?
David Deming, Pegasus Equestrian Director, joins the Millegan Brothers to discuss why the market’s at all-time highs despite war drums in Iran, sticky tariffs, and the Fed doing literally nothing. We unpack why interest rates aren’t going down anytime soon, how Turkey accidentally became a macroeconomics horror story, and whether oil at $130 is still just a vibe check away.
Also on deck: Google might be the cheapest trillion-dollar company in the Mag7, Waymo is quietly eating Tesla’s RoboTaxi lunch, and Quinn dismantles the Rothschild-Waterloo myth like it’s a bad Reddit conspiracy. Plus: Garfield’s billion-dollar lasagna empire and the USDA once paying farmers to burn cotton on purpose. Markets are weird — but at least the Baja Blast was cold.