00:00if you hold tesla or spacex today's news directly affects what you're sitting on retail money just moved a lot
00:07of capital and the fed is now signaling a possible half point hike retail investors in korea sold over six
00:13hundred million dollars of tesla linked stock in a single month
00:16and nearly 96 percent of that money moved into spacex it's thursday november 12th let's look at what this means
00:23for retail investors in korea the fed is weighing a possible 50 basis point hike in december the october inflation
00:30data came in above expectations with core prices rising around 0.3 percent markets are pricing in a quarter point
00:38move as the base case though pressure to tighten faster is building here's what the numbers show core cpi rose
00:450.3 percent in october
00:46which meets the threshold a fed governor set for a half point move energy prices fell sharply but transport services
00:54food and housing kept climbing so inflation is spreading beyond energy u.s 10-year treasury yields spiked to 5
01:01.02 percent intraday and two-year yields rose to 4.74 percent core weave reported third quarter revenue of 3
01:10.66 billion dollars up 168 percent year on year yet its total debt climbed to
01:1646.9 billion dollars net losses widened to 710 million dollars and its unsecured bond yield reportedly reached 15 percent
01:26coverage etfs saw monthly distributions fall about 15 percent while some products taxable distribution amounts rose sharply because samsung electronics
01:36dividend flowed into the distribution pool anthropic plans to let early shareholders sell
01:41right after its november 19th nasdaq listing and some allocations are already being resold at a premium so what does
01:48this mean for retail investors weighing their next move your tesla exposure carried more risk than many realized especially with
01:56leveraged products
01:57earlier we said that tax treatment can change the real return on a distribution in korea a share exchange and
02:03a merger can trigger a 22 percent capital gains tax even without a sale
02:13the lesson is simple the lesson is simple know what you hold what it costs to hold and what you're
02:23waiting for before the next catalyst hits what to watch here are three things to watch first the feds october
02:30ppi report on november 13th and october pce data on november 25th
02:35second anthropopics nasdaq debut on november 19th and the lockup expiry schedule that follows third any formal terms of a
02:44tesla and spacex merger especially how the share exchange is structured for korean tax purposes that's today's ai prism retail
02:52investors
02:53this episode was produced with ai assistance based on sole economic daily reporting
02:58ai prism is a wan ifra award-winning series we'll be back tomorrow
