00:00It's us with more. So this idea is pretty straightforward. The regulators don't want to press go. No. So this
00:07has been in filing. So essentially it would follow stocks that are really closely tied to the White House. So
00:12some are really simple like the government took stakes in certain stocks that would be in a basket. You know
00:18sometimes the president tweets about specific stocks. So we tried to rebuild this portfolio. We don't know exactly what would
00:24be in it. But I think Intel is a really perfect example. I think the government took a stake in
00:29it.
00:29Had a good earnings. It ripped last week. So I think this sort of brought this back up into the
00:36forefront. Like if you're tracking stocks that are just really closely tied to this admin. They seem to be doing
00:41really well compared to the broader market.
00:43I mean you mentioned Intel soaring about 24 percent on Friday alone recapturing its record high that I think it
00:50hadn't seen since like 2000 or something. Athanasios we have 45 seconds left with you. But talk to us a
00:56little bit about this limbo.
00:58I know that Tuttle was maybe thinking about Texas. But that seems to be far off.
01:02To be honest it's kind of baffling why no one wants to list this. Only because there are some politically
01:08aligned ETFs that exist.
01:10There's Nance which is a democratic one. And there's GOP. And these are both listed and actively traded on the
01:16SIBO.
01:16So I don't know if maybe this is too controversial and nobody wants to really list it. But it's baffling
01:23because the ETF industry can go really far.
01:26Right. So it seems like this is where they're stopping. But I wouldn't rule this out.
01:30I think that there could be some way that either like you said Texas want to list it or maybe
01:34they change the name of it and they can maybe get this listed.
Comments