Howard’s back, fresh off travel (and a Florida speeding ticket), and he’s not easing in—this episode is a full reset on what’s happening inside the degenerate economy and why de-globalization is starting to matter more than people want to admit. Howard explains why the degenerate economy index has doubled over three years but is now struggling: there’s an oversupply of degeneracy—you can get it anywhere now, from vaping to prediction markets to options trading—and when it’s everywhere, the demand has to catch up. At the same time, de-globalization is pushing the world toward hoarding and hard-asset playbooks: gold, metals, energy, copper… and a rotation that’s pulling money out of software and into defense, metals, and “real stuff.” Then Michele takes Howard straight into the center of the storm: Robinhood—and Howard’s uniquely positioned here as an early investor and long-time observer. They break down what the market is missing: not just the fundamentals, but the psychology. Howard walks through how the StockTwits stream went from nonstop anger during the GameStop aftermath (“Vlad should go to jail”) to nonstop euphoria at the highs (“Vlad’s a genius”)—and why all news can’t be bad news, and all news can’t be good news. They dig into earnings, the crypto narrative, why Howard personally discounts crypto’s importance, and what actually matters long-term: accounts, assets, and product execution. Howard also explains why he doesn’t love Robinhood’s “plant a flag everywhere” international plan—and why a pipes-and-rails strategy could be more powerful globally. Finally, Howard frames the long game with context: Robinhood vs Schwab by market cap, what retail missed in the private-to-public era, and why he watches the valuation gap as a signal for opportunity. He closes with a blunt view: the tools for degeneracy are in the hands of people now, the debate will rage on, and Robinhood may be the best-positioned “arms dealer” in that ecosystem. Sign Up to join Stocktwits! https://stocktwits.com/ Subscribe to Our Channels: Stocktwits: https://www.youtube.com/@stocktwits The best of investing social, news, trends, and community driven market chatter in one place. Cryptotwits: https://www.youtube.com/@CryptotwitsOfficial Crypto news, narratives, and chart talk to keep you ahead of the next big move. True Odds: https://www.youtube.com/@True_Odds-ST Where prediction markets meet sports odds, sharp takes on what the lines are saying, what the market is pricing in, and how real time sentiment can shift the probability. Stocktwits Clips: https://www.youtube.com/@StocktwitsClips Quick hits and the best moments, bite-sized clips you can watch anytime. Boardroom Exclusives: https://www.youtube.com/@BoardroomExclusives Behind the scenes access and exclusive conversations you won’t find anywhere else. Ballpark Figures: https://www.youtube.com/@BallparkFigures-ST Big picture numbers, market context, and the stats that actually matter, made simple. Newsletters: Cryptotwits Newsletter: https://cryptotwits.stocktwits.com/ Your home base for what’s trending in crypto—top stories, heat-check sentiment, and the conversations driving coins, narratives, and the next rotation. Want to know what this means for your money? Follow The Daily Rip 👉 https://thedailyrip.stocktwits.com/ Other Socials: https://linktr.ee/stocktwits_ Chapters 00:00 — Welcome back + Howard’s travel recap 01:18 — Degenerate economy index update: oversupply + why it’s struggling 02:46 — De-globalization playbook + rotation vs withdrawal (metals, defense, hard assets) 06:09 — Robinhood setup: poster child of degeneracy + under-the-hood after earnings 08:24 — Sentiment whiplash: “Vlad should go to jail” → “Vlad genius” and why the mob turns 12:23 — Competition + oversupply: brokerages everywhere, good news baked in, why bulls aren’t shaken 15:23 — Crypto narrative: too much carry, volatility, and why “buy when crypto’s in the toilet” 18:01 — International strategy + Alpaca/rails thesis (country-by-country vs planting flags) 23:47 — Long game: Devin Ryan’s view, Robinhood vs Schwab market-cap context, buying the gap 28:52 — Prediction markets + Super Bowl example, degenerate tools, wrap + goodbye Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/
