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Hello Capitalists,
Here is everything you should be watching today:
Citigroup to go all in on Trump Accounts
India wants Boeing jets after Trump Trade deal
Bitcoin rallies, but analysts are wary
Big Tech had a brutal week on it’s AI investments
Stellantis pays dearly for its EV misadventure
Today’s markets + assets:
✅ DOW: 49933.37 (⬆️ 2.10%)
✅ S&P: 6911.69 (⬆️ 1.67%)
✅ NASDAQ: 22974.70 (⬆️ 1.93%)
⚠️🔴CBOE VIX Volatility Index: 17.85 (⬇️ 17.96%)
✅ Gold: $4989.60 (⬆️ 2.05%)
✅ Silver:$76.61 (⬆️ 1.17%)
✅ Bitcoin: $69,508 (⬆️ 9.29%)
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Citigroup to match Trump Accounts
Citigroup will match the federal government’s $1,000 seed contribution [ [link removed] ] to “Trump Accounts” for children of its U.S. employees born between 2025 and 2028, while committing $5 million through its foundation to promote participation and support families in the tax-advantaged savings program launched under recent legislation.
Matching Benefit Details: Citi’s $1,000 match applies specifically to eligible U.S.-based employees’ children born from January 1, 2025, to December 31, 2028, aligning with the federal seed period.
Foundation Commitment: The Citi Foundation pledges $5 million to nonprofits for raising program awareness, boosting enrollment, and aiding families especially low-income ones in opening accounts.
Program Mechanics: Accounts invest in U.S. stock index funds with parents able to add up to $5,000 yearly and employers up to $2,500 tax-free funds accessible at 18 for education or home down payments.
Corporate Trend: Citi joins rivals like JPMorgan Chase, Bank of America, and others in matching the government’s contribution as part of broader employer adoption of the Trump-era initiative.
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India eyes massive $80 billion Boeing bonanza
India is poised to order up to $80 billion in Boeing aircraft [ [link removed] ] as part of a new U.S. trade deal announced this week, Commerce Minister Piyush Goyal said Thursday, boosting American exports amid tariff concessions and signaling deeper economic ties between Washington and New Delhi.
Aircraft Orders Ready: India’s pending and upcoming Boeing purchases, including engines and parts, could exceed $100 billion total value.
Broader Trade Pledge: New Delhi aims to import at least $500 billion in U.S. goods over five years under the agreement.
Tariff Adjustments Coming: U.S. reduces duties on Indian exports to 18%, with India lowering barriers on American products post-March signing.
Deal Timeline Set: A joint statement expected in days, full formal agreement is targeted for mid-March.
Bitcoin bounces back dramatically, but analysts are wary
Bitcoin narrowly dodged a plunge below the critical $60,000 level late Thursday [ [link removed] ] amid intense selling pressure tied to falling tech stocks and heavy liquidations, but rebounded sharply Friday morning, climbing over 7% to trade around $68,000 as of mid-morning.
Massive liquidations fuel drop: Over $2 billion in crypto positions were liquidated Thursday, exacerbating the sell-off as forced sales hit leveraged traders.
Institutional exodus accelerates: Large investors and U.S. ETFs turned net sellers in 2026 after heavy buying last year, with average ETF entry prices around $90,000 leaving many holders deeply underwater.
Broader crypto winter deepens: Other major coins like Ether and XRP have fallen over 60% from peaks, with Bitcoin’s correlation to volatile risk assets like tech stocks and metals amplifying the market turmoil.
Will the Bitcoin rally last?
Bitcoin rebounded above $69,000 on Friday after plunging as low as $61,000 overnight. Thursday’s 13% drop—the steepest since the 2022 FTX collapse— means that despite the rebound it is on track for its worst weekly performance since 2022 amid widespread investor fear and fatigue [ [link removed] ]. It is still down more than 40% from its October all-time high above $126,000.
Analyst warns of deeper pain: Markus Thielen of 10X Research predicts a possible counter-trend bounce but sees Bitcoin potentially sinking to $50,000 or lower by summer amid ongoing unwinding.
Analyst Sentiment Warning: Fundstrat’s Sean Farrell notes outsized fear and fatigue among crypto participants, raising his long exposure to 80% but leaving room for potential further drops into the $50,000s.
Massive Drawdown From Peak: The cryptocurrency has shed more than 50% from its all-time high above $126,000 in October 2025, with a 23% year-to-date loss and fourth straight monthly decline in January.
Underwater ETF Holders: Many Bitcoin ETF investors bought at averages around $90,000, creating heavy overhang and regret, making it tough to attract new Wall Street capital amid the rout.
AI bubble fears cause Big Tech plunges
Big Tech stocks suffered a staggering $1 trillion wipeout [ [link removed] ] over the past week as fears of an AI bubble intensified, with Amazon shares plunging more than 9% on Friday after its massive $200 billion 2026 capital expenditure forecast far exceeded expectations, fueling investor concerns over unsustainable spending on artificial intelligence infrastructure.
Massive Capex Surge: Amazon’s projected $200 billion spending in 2026 overshot analyst estimates by over $50 billion, dwarfing peers like Alphabet’s $175-185 billion range and sparking worries about over-expansion.
Broader Valuation Hit: Microsoft, Nvidia, Meta, Alphabet, and Oracle joined Amazon in shedding more than $1 trillion collectively in market value during the week ending Thursday, driven by scrutiny of AI returns.
Mixed Wall Street Reaction: While some firms like Meta and Alphabet saw positive responses to their forecasts earlier, Amazon and Microsoft faced sharp sell-offs, highlighting shifting sentiment from FOMO to ROI doubts.
Contrasting Winners: Apple bucked the trend with a 7% gain since Monday, benefiting from strong iPhone demand and far lower AI-related capex commitments compared to its Big Tech rivals.
Stellantis Crashes 25% on Massive 26 Billion EV Reset
Stellantis shares plunged more than 23% after the Jeep and Chrysler parent announced a staggering €22 billion ($26 billion) charge tied to overestimating EV adoption, [ [link removed] ] forcing a major pivot away from aggressive battery-electric plans amid shifting customer demand and U.S. regulatory changes.
EV Overreach Exposed: The bulk of the €22 billion hit stems from misjudging the speed of the energy transition, leading to canceled products and impaired EV platforms.
Cash and Non-Cash Split: €6.5 billion in future cash outflows over four years for supplier compensations and reduced volumes, with €14.7 billion in non-cash impairments hitting H2 2025 results.
No Dividend Payout: Company halts dividends this year and plans a €5 billion bond issuance to manage finances during the strategic reset.
Leadership Reset Underway: New CEO Antonio Filosa calls it a “profound reset” to realign with buyer needs, pausing certain EV investments after prior operational missteps.
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