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Signal vs. Noise

SpaceX Shares for Kids, Treasury Yields and Sparkassen

Oct 21, 2026

Hosts Jackson Mikalic, Michael Tanguma, Liam Nelson and Brian Cubellis give each story six minutes on the clock. This episode covers Elon Musk's stated plan to give a SpaceX share to every kid in America, Treasury yields and the federal deficit, credit-market pricing around CoreWeave and AI financing, JPMorgan's long-term asset forecast, and Germany's Sparkassen and bitcoin trading. The hosts weigh what is signal and what is noise in each.

Chapters

00:00 - Intro 00:52 - Topic 1 - Musk Pledges a SpaceX Share to Every Kid in America 06:03 - Topic 2 - 5% Treasury Yields, a $2 Trillion Deficit, and Who Buys the Debt 11:52 - Topic 3 - The Hosts On CoreWeave and AI Debt Financing 20:20 - Topic 4 - The Hosts On JPMorgan's Long-Term Asset Forecast 25:41 - Topic 5 - The Hosts On Germany's Sparkassen and Bitcoin Trading 29:40 - Wrap-Up & Parting Thoughts

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