Why Bitcoin & Stocks Are Crashing (And What To Do)

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 Wondering where to go for financial advice? Domain Money makes financial planning simple. No hidden fees and no sales pitches - you get a personalized roadmap to your goals, from dream vacations to retirement. Flat-fee advisors create a plan tailored to you, with zero pressure to invest. Don’t be like most people who’ve never had a real conversation about their financial plan. Book a free strategy session today at www.domainmoney.com/pomp While I'm not a Domain Money client and they are paying me, I've seen first hand the value of their service through the free plan they did for one of my brothers. Yes, I might have an interest in promoting Domain Money, so just like any major financial decision, it's important you understand what the service is and if it's right for you so make sure to see important disclaimer at www.domainmoney.com/t/legal "Buy and sell cryptocurrency in a tax-advantaged crypto IRA with iTrustCapital. Enjoy 24/7 access, lowest fees in the industry, and tax benefits for your retirement. Open and fund an account today at www.itrustcapital.com/pomp to receive a $100 USD funding bonus." Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at pomp.substack.com View 10k+ open startup jobs: dreamstartupjob.com Enroll in my Crypto Academy: www.thecryptoacademy.io Follow Pomp on social media: Twitter: twitter.com/APompliano Instagram: www.instagram.com/pompglobal LinkedIn: www.linkedin.com/in/anthonypom... Website: anthonypompliano.com #AnthonyPompliano #Pomp