Why Bitcoin & Stocks Are Crashing (And What To Do)
September 6, 2024 09:46 AM
Phil Rosen, the Co-Founder of Opening Bell Daily, and Anthony Pompliano, CEO of Professional Capital Management, discuss why stocks and bitcoin are down, economic policies for Trump & Kamala, proposed capital gains tax increase, and outlook on asset prices during interest rate cuts.
TIMESTAMPS: 0:00 - Intro 0:40 - Bitcoin outlook 3:22 - Long-term thinking on stock market 10:33 - Vice President Harris capital gains tax 19:30 - Convincing voters that government needs to cut spending 24:28 - Zero-based budget solution