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Wall Street Is Pumping SpaceX — So Why Is It Falling?
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About this episode
Patrick Boyle, professor at King’s College London and portfolio manager, fills in for Scott. He and Ed discuss how SpaceX’s stock has traded over the past couple weeks. They break down the price targets that analysts have issued and explain why they’re concerned about potential conflicts of interest in equity research. Then, they discuss why crypto bros don’t find crypto exciting anymore and have moved onto AI. Finally, they explore why the housing market is showing new signs of strain and what it would take to get home prices back to a reasonable place. Patrick Boyle is a professor at King’s College London and a portfolio manager with more than 20 years of experience at hedge funds,…