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Daily 2025-11-06
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And a rough week for bitcoin and ether. | Your Daily Brief is ready |
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Thu, Nov 6 | 3:03 read time
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All metrics are as of the latest market close.
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<td style="vertical-align:top;padding:0;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
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<td align="left" style="font-size:0px;padding:0;word-break:break-word;">
<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
<tbody>
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<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
S&P 500
</td>
<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.36% ▲
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<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
6,796
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<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
GOLD
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<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.83% ▲
</td>
<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
$3,993
</td>
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<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
BITCOIN*
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<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
2.07% ▲
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<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
$103,570
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*24-hour change
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<td style="vertical-align:top;padding:0;">
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<td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:1px;line-height:1.5;text-align:left;color:#000000;">
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
<tbody>
<tr>
<td style="vertical-align:top;padding:0;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
<tr>
<td align="left" style="font-size:0px;padding:0;word-break:break-word;">
<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
<tbody>
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FTSE 100
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<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.64% ▲
</td>
<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
9,777
</td>
</tr>
<tr>
<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
BRENT OIL
</td>
<td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
1.40% ▼
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<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
$63.54
</td>
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US BONDS*
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<td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.07% ▲
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<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
4.17%
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<td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
*10-year government yield
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:700;line-height:1.5;text-align:left;color:#181c25;">
WALL STREET FEAR GAUGE INDEX
(
<a style="font-weight:400;font-family:Trispace,monospace">
VIX
</a>
)
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="10zqs">
🔴 Novo Nordisk trimmed its forecasts, falling further behind in the weight-loss drug race. And investors offloaded crypto this week, knocking
bitcoin and ether down by more than a few pegs.
</p>
<p data-block-key="894i9">
➕ Where to invest $1 million (or less) right now
</p>
<p data-block-key="bfavb">
<b>
👇 Keep reading to find out more
</b>
</p>
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<mj-raw>
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👀
</span>
<span style="font-style:italic">
Today's headlines
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Warning Shots
</span>
</mj-raw>
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<a target="_blank">
<img alt="Warning Shots" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-051125-Novo.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253Dd20d6a3f02fc4b0c2c7b55093b37fdea/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjI0MTc5MjYuMDgwNDQ5OH0:1vGvPa:KCAR0l0BN71TuP91dtRod8OmfNCAo_LbzJgrPFqnaYg" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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<p data-block-key="lkqai">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="felp9">
Novo Nordisk cut forecasts again after another tough quarter for its popular weight-loss injections.
</p>
<p data-block-key="el3uu">
<b>
What does this mean?
</b>
</p>
<p data-block-key="39bdc">
▶
The Danish pharmaceutical firm’s sales growth slowed last quarter, and profit came in toward the lower end of predictions – just 7% for the year. Plus, this forecast trim was Novo’s third of the year.
</p>
<p data-block-key="c55ru">
▶ Over at Eli Lilly, the story’s very different: Novo’s biggest rival has been eating its lunch: Lilly’s obesity drug sales breezed past expectations, helping the US firm to
<i>
boost
</i>
its profit outlook.
</p>
<p data-block-key="16vv1">
So Novo’s taking action to get
back on track, cutting 11% of its workforce and squaring off against
<b>
Pfizer
</b>
in a $10 billion bidding war for obesity biotech
<b>
Metsera
</b>
. The market’s not exactly cheering it on, though: Novo’s stock has dropped by nearly half this year.
</p>
<p data-block-key="bgjn0">
<b>
Why should I care?
</b>
</p>
<p data-block-key="b0afs">
<b>
<i>
Zooming out:
</i>
</b>
<i>
A deal could steady the scales.
</i>
</p>
<p data-block-key="4rd96">
Investors have more than Novo’s slowing growth to worry about: drug price
rules in the US are changing. Both Novo and Lilly are reportedly close to agreeing to sell their weight-loss drugs for just $149 a month, in exchange for the government covering them under Medicare for some folks. That’s
<i>
way
</i>
below their $1,000 to $1,350 list prices. And while it could deliver a massive boost in demand by getting the meds in more people’s hands, such a low price point might not be so kind to the firms’ bottom lines.
</p>
<p data-block-key="c8cee">
<b>
<i>
For you
personally:
</i>
</b>
<i>
Skinny… dipping.
</i>
</p>
<p data-block-key="2tbq3">
“Growth stocks” like Novo and Lilly trade at sky-high valuations – that is, so long as their profits keep rapidly growing. But when that momentum runs out, things can change in a hurry. Novo’s disappointing results are a reminder that hype-driven industries – whether weight-loss injections or AI – need real returns to back up the froth. Otherwise, investors could find out just how fast those lofty shares can fall back down
to Earth.
</p>
</div>
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<a>
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Where To Invest A Million Bucks If It Just Falls At Your
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<td style="width:536px;">
<img alt="Where To Invest A Million Bucks If It Just Falls At Your Feet" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FInsight-051125-1Million.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253De530401521918c7e9d4beef1f59feb03/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjI0MTc5MjYuMDgwNzA2OH0:1vGvPa:8_cE0qujM3rPW9PhPk4XL3cMG7mPcB1kEHO9sUxy0KA" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
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</td>
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<tr>
<td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="pr7ai">
Let’s say a princely
<a>
$1 million
</a>
has just dropped into your lap – maybe it’s an inheritance or you’ve unexpectedly won the PGA Tour. Congrats, my friend.
</p>
<p data-block-key="2hdlg">
The question is what to do with all that loot. Sure, cash earns more interest than it used to, but if you’re aiming for real returns, you’ll want
<a>
a
savvier play
</a>
.
</p>
<p data-block-key="asu7g">
Luckily, Bloomberg has just asked
<a>
three top wealth advisors
</a>
what they’d do with that kind of windfall.
</p>
<p data-block-key="f2eiu">
Here’s what they said and how you can put their ideas to work – even if you don’t have
<a>
seven figures
</a>
at hand.
</p>
<p data-block-key="765u2">
That’s today’s Insight:
<a>
where to invest $1
million (or less) right now
</a>
.
</p>
<p data-block-key="d42ak">
<a>
<b>
Read or listen to the Insight here
</b>
</a>
</p>
</div>
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<img alt="Russell Burns's profile image" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FRussell.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D715bb8290329a4d5f61663a6667131ec/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjI0MTc5MjYuMDgwODMwOH0:1vGvPa:W-gYwfpXcCO0swKaciQrX9ZLJl4tvF4qqWedp2Swb-s" style="border:0;border-radius:50%;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="30"/>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<a style="color:#4C5469;font-weight:400">
Russell
Burns
</a>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#204CE9;">
<mj-raw>
<span style="font-style:normal">
👀
</span>
<span style="font-style:italic">
Today's headlines
</span>
</mj-raw>
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<div style="font-family:Inter,sans-serif;font-size:22px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
<mj-raw>
<span style="background-color:#EFFF0D;display:inline">
Crash-Test Money
</span>
</mj-raw>
</div>
</td>
</tr>
<tr>
<td align="center" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
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<td style="width:568px;">
<a target="_blank">
<img alt="Crash-Test Money" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-051125-CrashTest_1.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D28b4bc40e515cf5d6d325430d14cc855/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjI0MTc5MjYuMDgwOTU4MX0:1vGvPa:GygcVEudQgs5lC7-7eKq0X5i5b4A2XrSvKgd4SLjsSk" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="kbrg5">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="etq51">
The world’s two biggest cryptocurrencies got a bit banged up this week, as the market slammed head-on into some heavy selling.
</p>
<p data-block-key="f6f16">
<b>
What does this mean?
</b>
</p>
<p data-block-key="2kod8">
Investors pummeled AI and tech stocks this week – and crypto took some big hits, too.
</p>
<p data-block-key="4uojd">
▶ Bitcoin fell over 7% on Tuesday, sliding below $100,000 for the first time since June. The OG crypto has bounced back some since, but it’s still down nearly 20% from October’s all-time high.
</p>
<p data-block-key="3d610">
▶ About 400,000 bitcoins – worth about $45 billion – were sold over the past month, with everyone from big institutions to retail
investors deciding to cut and run.
</p>
<p data-block-key="csljj">
▶ Ether had it even worse: the world’s second-biggest crypto is down 15% this week alone, trading around $3,300. That’s about a third less than its August peak.
</p>
<p data-block-key="2pdcj">
<b>
Why should I care?
</b>
</p>
<p data-block-key="bvmpi">
<b>
<i>
Zooming in:
</i>
</b>
<i>
Gold’s still got it.
</i>
</p>
<p data-block-key="29jfj">
Bitcoin may be called “digital gold”, but the real thing is ahead by a mile. Gold’s up 51% this year, while
bitcoin’s managed just an 8% rise. The shiny stuff’s old-school reputation as a hedge against inflation and store of value still holds up. Meanwhile, bitcoin’s selloff – in lockstep with AI and tech stocks – shows it still has work ahead to truly be the digital version.
</p>
<p data-block-key="1uesv">
<b>
<i>
For you personally:
</i>
</b>
<i>
Buying the dips, if you can stomach them.
</i>
</p>
<p data-block-key="2dr7c">
The US is angling to make America the world’s crypto capital. So it’s been making nice,
with friendlier regulations and government support for crypto mining. That’s boosted the industry’s outlook overall – but volatility’s still the name of the game. That can be good or bad, depending on your perspective: if you believe in bitcoin and ether, moments like these could be your chance to snag a bargain.
</p>
</div>
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You might also like ⇢
<a>
Bitcoin Vs. Gold: Why
The Crypto’s “Fair Value” Could Be Higher Than You Think
</a>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
<mj-raw>
<span style="font-style:normal">
✨
</span>
<span style="font-style:italic">
Sarah's Digest
</span>
</mj-raw>
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<div style="font-family:Trispace,monospace;font-size:12px;line-height:1.5;text-align:left;color:#5E6984;">
What others like you are reading today...
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
📈
<a>
Copper’s Hot Streak Cools As Prices Slip For Fifth
Day
</a>
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#5E6984;">
Sliding copper prices reflect a stronger US dollar, China demand worries, and easing supply concerns, though the metal still leads 2024 commodity gains.
</div>
</td>
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<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
⛏️
<a>
Antofagasta Shares Climb Despite Flat Copper
Production
</a>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#5E6984;">
Investors keep paying a premium for Antofagasta’s copper exposure, even as output stalls and earnings growth looks limited.
</div>
</td>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
🍔
<a>
McDonald's Growth Holds Steady As Value Deals
Keep Diners Coming
</a>
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#5E6984;">
Sales rose across key markets thanks to budget-friendly meal offers, but falling foot traffic hints at limits to discounting.
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
<mj-raw>
<span style="font-style:normal">
🖋️
</span>
<span style="font-style:italic">
Quote
of the day
</span>
</mj-raw>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<strong>
"Although the world is full of suffering, it is also full of the overcoming of it."
</strong>
— Helen Keller (an American author)
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<mj-raw>
<span style="font-style:italic">
Introducing Meanwhile
</span>
</mj-raw>
</div>
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<td style="width:568px;">
<a target="_blank">
<img alt="Meanwhile at Modern Investor Summit" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FMIS25-SpeakerAnnouncement-email-1000x500-meanwh.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D0bac91c9d5a046626bf50b85b5b714db/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjI0MTc5MjYuMDgxMTQ2NX0:1vGvPa:xoS7k0A-xEKO11KvFBoOaHFDM1x085kUjSt1E6mFtlE" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="ps0yc">
<b>
What do bitcoin and life insurance have in common?
</b>
<br/>
</p>
<p data-block-key="fjf89">
Very little… Except that together, they could help secure your family’s financial future
<br/>
</p>
<p data-block-key="3ms6t">
<a>
Meanwhile
</a>
has brought these two worlds together, creating the first life insurance policies entirely denominated in bitcoin. So now, you can
<a>
protect and grow long-term wealth
</a>
while staying fully within the bitcoin economy.
<br/>
</p>
<p data-block-key="dplug">
That first-of-its-kind model just earned
Meanwhile
<a>
$82 million in new funding
</a>
from some of the biggest names in finance and crypto – led by Bain Capital Crypto and Haun Ventures, with early backing from OpenAI’s Sam Altman.
<br/>
</p>
<p data-block-key="16ppv">
Come and meet the founder behind it all: Meanwhile CEO
<b>
Zac Townsend
</b>
will be speaking at our
<a>
<b>
Modern Investor Summit
</b>
</a>
this December.
<br/>
</p>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
<mj-raw>
<span style="font-style:normal">
🎯
</span>
<span style="font-style:italic">
On Our
Radar
</span>
</mj-raw>
</div>
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<td style="vertical-align:top;padding:0;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="aaghi">
<b>
1. The Discord Accord.
</b>
How Gen Z
<a>
toppled a
country’s leader
</a>
and chose a new one via chat.
</p>
<p data-block-key="f5b9v">
<b>
2. Who?
</b>
Why no one’s
<a>
posting
</a>
about their boyfriends anymore.
</p>
<p data-block-key="d5f6b">
<b>
3. Retro’s chic.
</b>
A big retailer brings back
<a>
the catalog
</a>
.
</p>
</div>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
<tbody>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0px;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
<mj-raw>
<span style="font-style:italic">
SPONSORED BY COINGECKO API
</span>
</mj-raw>
</div>
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<p data-block-key="dqcfl">
🚨
<b>
Governments now hold $68 billion in bitcoin, up 58% from a year ago
</b>
<br/>
Track digital assets treasuries (DATs) across 150-plus entities and 14 assets, including bitcoin, ethereum and solana, on
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<b>
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Uncovering Hidden Market Opportunities
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with Dave Elkins (head of product at
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) and Ray Dillet (head of
financial institutions - Europe at
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Bitwise
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): December 3rd, 7.50pm UK time, Live in London
</p>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
Stay classy,
<mj-raw>
Sarah
</mj-raw>
😉 This issue of the Daily Brief was curated by
<a style="color:inherit;font-weight:inherit">
Karen
</a>
and
<a style="color:inherit;font-weight:inherit">
Russell
</a>
. Got an idea? A question?
<a>
Get in touch
</a>
.
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<mj-raw>
<span style="font-style:normal">
💌
</span>
<span style="font-style:italic">
THAT
WAS GREAT FOR US... HOW WAS IT FOR YOU?
</span>
</mj-raw>
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Just
alright
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...Meh
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5 days, 14 hours ago - hello@finimize.com
And a rough week for bitcoin and ether. | Your Daily Brief is ready | Thu, Nov 6 | 3:03 read time...