Kyle W. Jones, CFP, ADPA, AAMS

https://apple.news/Aqxk7zWVlQfeFPzm9ViRXKA

Tesla and Bitcoin are quite the odd couple: Two years ago, a report showed that Bitcoin consumes roughly the same amount of power to mine as Switzerland uses to be, well, a country. Today, it consumes more than twice that amount, about 122 TWh, which is more than all but 29 countries. -Inc.com

Update from Schwab on the Flash Mob https://www.schwab.com/resource//content/market-volatility

Nothing as it seems... sang Eddie Vedder https://www.bloomberg.com//reddit-day-trader-army-fattens-

Occidental betting the future of the company is in the carbon removal biz and not oil! This is capitalism at its finest. https://www.bloomberg.com//occidental-oxy-wants-to-go-gree

Goldman taking their talents to South Beach? https://www.nytimes.com//dealbo/goldman-sachs-florida.html

I took personal offense to the statement, unless you’re transporting a soccer team, steer clear. https://apple.news/A9CEdysfdR8u3_e6YmS8R0A

Over the longer-term, markets have tended to look past civil unrest and political uncertainty, but could be rattled in the near-term. Strategists see havens like cash, gold and Treasury bonds as well as Japanese yen offering some ballast. They also see volatility as an opportunity to better position portfolios for next year as the coronavirus and economic recovery will again take center stage, regardless of who wins. High on the shopping list: Small-cap stocks and more cyclical companies that have been beaten up this year -Barron’s

Markets cheering diminished chances of higher taxes and new regulation with a split congress.

Vote. Be safe. Don’t realistically expect presidential election results tonight.

A brokerage let a man leverage his $52k brokerage account to secure a $1 million purchase in the IPO... this does not end well... On the other hand Ant Group is an impressive company in a gigantic market. Still, over 90-95% of IPO’s trade lower than the IPO price during the first 12 months of trading. If you want to own Ant, it most likely will pay to be patient. www.wsj.com//ant-ipo-sets-off-3-trillion-scramble-among-sm... That sum exceeds the value of all the stocks listed on the exchanges of Germany or Canada.

Incomes Rebounded in September, and Consumers Spent More Freely What stokes the spending spree more? Republican Tax breaks or a Democratic Stimulus? We’ve seen both in the last decade... https://www.barrons.com//incomes-rebounded-in-september-an

Europe’s playing the game... https://www.wsj.com//ecb-signals-further-stimulus-ahead-11