Category Archives: Daily Top Ten

TOPLEY’S TOP 10 December 30, 2025

1. Game On…Bet on Anything

Callum Thomas


2. U.S. Dollar Worst Year Since 2003

Hedgeye


2. FTSE 100 UK Market Outperformed S&P for First Time Since 2009

Barron’s


3. Copper Miner FCX Making Run at 20-Year Breakout

Google Finance


4. Private Equity Selling a Record Amount of General Partner Stakes

WSJ The market for general-partner stakes—investments in a private asset manager that typically let the buyer share in management fees and deal profits—rebounded in 2025 after three lean years. GP-stake deal volume totaled $3.5 billion through the end of October, on pace to easily exceed the record of $3.6 billion set in 2015, according to PitchBook data.  And the market could expand dramatically over the next two years. A survey of fund managers by law firm Dechert showed that 77% plan a stake sale in the next 24 months, up from 34% in last year’s survey.

WSJ


5. Post Tariffs—Still Large Increase in Foreign Demand for U.S. Assets

Continued Strong Foreign Demand for US Assets

Despite the turbulence surrounding Liberation Day in April, foreign investors ended up buying more US assets in 2025 than in 2024, see chart below.

Note: 2025 data is annualized. Sources: US Department of Treasury, Macrobond, Apollo Chief Economist


6. CPA Exam Goes Back to In-Person

Semafor


7. Google Now Keeps Line Item for “Euro Fines”

The Kobeissi Letter


8. U.S. Religion Per 100 People

Visual Capitalist


9. USA’s safest and most dangerous cities ranked

Crime rates are often viewed as the best way to determine if a city is safe, but a recent push seeks to expand the definition of safety.

N’dea Yancey-Bragg

USA TODAY

What are the top 10 safest cities?

The top 10 safest cities in the United States, according to WalletHub, are:

  1. Warwick, Rhode Island
  2. Overland Park, Kansas
  3. Burlington, Vermont
  4. Juneau, Alaska
  5. Yonkers, New York
  6. Casper, Wyoming
  7. South Burlington, Vermont
  8. Columbia, Maryland
  9. Lewiston, Maine
  10. Salem, Oregon

What are the top 10 most dangerous cities?

The nation’s top 10 most dangerous cities (or the least safe of the 182 ranked), according to WalletHub, are:

  1. New Orleans
  2. Memphis, Tennessee
  3. Baton Rouge, Louisiana
  4. Detroit
  5. Baltimore
  6. Fort Lauderdale, Florida
  7. Houston
  8. San Bernardino, California
  9. Philadelphia
  10. Cleveland

https://www.usatoday.com/story/news/nation/2025/12/29/safest-most-dangerous-cities-2025/87568616007


10. Michael Jordan Says His Bulls Contract Had a Clause He’s Positive No Players Today Have. It’s the Secret to Becoming the Best

In a recent interview, Michael Jordan speaks about the “love of the game” clause from his playing days, and how that helped shape the player he became.

EXPERT OPINION BY JUSTIN BARISO, AUTHOR, EQ APPLIED @JUSTINJBARISO

 is widely recognized as one of the best basketball players to ever live. In a recent interview, Jordan revealed one of the secrets to his success:

His love of the game.

Jordan says he loved the game so much he made sure to have a special clause included in his contract when playing with the Chicago Bulls, one which he’s “positive” players today don’t have: the “love of the game” clause.

“If I was driving with you down the street, and I see a basketball game on the side of the road, I can go play in that basketball game,” Jordan told NBC’s Mike Tirico. “And if I get hurt, my contract is still guaranteed.”

Jordan went on to explain that constant practice, not just doing drills but playing real games, helped him and other NBA players like Larry Bird master their craft. It was playing in games that helped players develop their love of basketball, and helped them remain passionate about the game, rather than just viewing it as a job.

“I love the game so much, I would never let someone take the opportunity for me to play the game away from me,” Jordan said.

Jordan’s “love of the game” clause teaches us an important secret to finding career success, namely: To truly become the best at what you do, you have to love it.

This secret is related to emotional intelligence, the ability to understand and manage emotions to reach a goal. How can you leverage emotional intelligence to master what you do? Let’s explore. (If you enjoy this article, consider signing up for my free emotional intelligence course.)

Leveraging your ‘love of the game’

To clarify, Jordan wasn’t speaking about becoming the best basketball player ever.

Although countless fans and analysts alike have pegged Jordan as the GOAT (greatest of all time), Jordan typically steers away from that conversation, saying that title disrespects the basketball legends who’ve come before him, and the players who play today.

Rather, Jordan was primarily interested in reaching his full potential—and his love of the game fueled that drive. “Basketball was that type of love for me,” Jordan said. “I had to find a way to make sure I was the best basketball player I could be.”

Jordan’s success led to his becoming the wealthiest professional athlete in history. Most of his earnings didn’t come from his playing contracts, though. Rather, they resulted in multiple business ventures and branding deals, most notably the Jordan brand with Nike.

But Jordan says for him, the brand never affected what he was going to do on the basketball court.

Maximizing Productivity: How a Busy Event Design and Production Firm Saves Time, Money, and Hustle

“I put the work first, and then the brand evolved based on the work,” Jordan said. “We would play this game for free. We did. And now we just happen to get paid for it.”

So, how can you apply this to your own work?

There are several reasons business owners run the businesses they do. You may have taken over a family business. Maybe you dabbled in the world of self-employment and discovered you enjoyed the freedom it offered. Other entrepreneurs become so out of necessity: Mark Cuban started his first business after getting fired.

But regardless of how you got into the business you now run, the secret to mastering your craft is to develop a love for what you do.

Ask yourself:

  • What aspects of my work do I really love? The things I’d do for free?
  • How can I practice those things as much as possible?
  • How can I further leverage that love to master my craft?

As you answer those questions, and as you put in the work, you’ll find yourself constantly improving, continually growing, and consistently becoming a better (work) version of yourself. Because if there’s one thing that Michael Jordan taught us, it’s that natural ability, talent, and skill will get you far, but love is what makes you the best.

www.inc.com

TOPLEY’S TOP 10 December 29, 2025

1. U.S. ETFs Attracted $1.4 Trillion in 2025…..1000 New Products Entered the Market

ETF stats. “US-listed ETFs have attracted a staggering $1.4 trillion in 2025, shattering the annual flow record set just last year. At the same time, more than 1,000 new products have entered the market — another unprecedented sum. Trading volume in the ETF market also hit a new yearly high. The last time all three measures hit a record in a single year was in 2021.”

Katie Greifeld – Bloomberg


2. Interval Funds Doubled the Number of Launches

Reuters


3. VIX Volatility Index Broke to New Lows this Week

StockCharts


4. Tech Companies Moved $120B of Data Center Spending Off their Balance Sheets

FT-Tech companies have moved more than $120bn of data centre spending off their balance sheets using special purpose vehicles funded by Wall Street investors, adding to concerns about the financial risks of their huge bet on artificial intelligence. Meta, Elon Musk’s xAI, Oracle and data centre operator CoreWeave have led the way on complex financing deals to shield their companies from the large borrowing needed to build AI data centres.

Financial Times


5. Bitcoin Mining ETF WGMI +71% 2025

Bitcoin Miners Thrive Off a New Side Hustle: Retooling Their Data Centers for AI

The pivot to AI has lifted a bitcoin-mining ETF by around 90% this year, even as bitcoin itself has slumped.

https://www.wsj.com/tech/ai/bitcoin-miners-thrive-off-a-new-side-hustle-retooling-their-data-centers-for-ai-bdc408a9?gaa_at=eafs&gaa_n=AWEtsqeiGFl2ziNeFUgJinPRdKgwAYnB7HPOWWtgC7oVvtkwBNMiM6uwpMpFbB-lQUA%3D&gaa_ts=694ef376&gaa_sig=17wIACkXmqrcS96rNoMnT3yJO4ZVZNTthlIJSsYSVkBr544GXsQa3e6plYtTjWYVzkoK00ttLmOSWZf9dSlwDA%3D%3D

Google Finance


6. WGMI -40% from 2025 Highs

StockCharts


7. China Investigated 63 High-Ranking  Party Leaders in 2025

Semafor


8. Share of U.S. 30-Year Olds Who…Prof G Blog

Prof G Media


9. States Renters vs. Home Owners %

Visual Capitalist


10. Building Health for Future

Mark Hyman

TOPLEY’S TOP 10 December 26, 2025

1. S&P 500 Eyes Longest Monthly Win Streak Since 2018

Bloomberg


2. KWEB China Internet Stocks Failed at 2021 Highs

StockCharts


3. RIVN Stock Self-Driving Bump…Broke Out of Sideways Pattern

StockCharts


4. RIVN Making Run at 2023 Highs

StockCharts


5. Crude Oil Falls to Lowest Level Since 2021

Sentimen Trader


6. Midterm Election History

Carson


7. Binance-Resident of Venezuelan Slum Moves $93m thru his Account

Financial Times-Binance failed to stop hundreds of millions of dollars of cryptocurrency from flowing through suspicious accounts, even after promising to improve its conduct in a landmark $4.3bn US criminal settlement in 2023. A Financial Times investigation of leaked internal files detailing thousands of transactions shows such accounts continued trading despite red flags including links to terror financing networks, improbable log-in patterns and failed identity checks. One user of the world’s largest crypto exchange was the resident of a Venezuelan slum who moved $93mn through his account between 2021 and this year. Some of those funds came from a network later accused by the US of covertly moving money for Iran and Lebanon’s Hizbollah militant group. Many of the accounts reviewed by the FT continued to trade after Binance’s plea agreement with the US despite behaviour that experts say would normally prompt freezes or investigations at a regulated financial institution.


8. German’s Military Spending Increase

WSJ


9. Saudi’s Executed 347 People in 2025

Semafor


10. Our practice-Seth’s B log

What do you do regularly?

Where do you show up, what do you publish? Who do you ask, and what do you answer to? What gets better because you persist?

Are there systems you support or work to change?

What do you do when you don’t feel like it? Especially then.

The ocean is made of drops. And our practice turns those drops into something of significance.

It’s a practice if we show up even if it’s not working (yet). And it’s a practice if we understand how to make it better.

Our actions become our habits, and our habits attract others. That becomes our community, and our community builds systems. Those systems feel awkward until they become normal, and then, once normal, they become the status quo.

Bolts of lightning rarely change the world, but erosion does. Streams turn into rivers, and rivers persist. 

https://seths.blog/

TOPLEY’S TOP 10 December 22, 2025

1. Tech Earnings Still Rising

Earnings contribution. And finally, the Tech sector’s contribution to S&P 500 operating earnings is expected to rise above 30% by Q4’26. 

S&P Global


2. S&P Sector Performance Since October 8th

Bespoke Investment Group While the S&P 500 hasn’t really gone anywhere, sector performance has been disparate. Communication Services and Health Care are both up over 6%, and another three sectors have outperformed the S&P 500 gain of 0.3%. At the other end of the spectrum, Utilities is down over 5%, but right behind it, Technology has declined 3%. The fact that Technology, which makes up over a third of the S&P 500, has declined over 3%, and the market has treaded water, indicates a broadening of performance. It also illustrates how hard it is for the market to make headway without Technology participating.

Bespoke Premium


3. U.S. Mid Cap Stocks vs. S&P 500 Record Cheap…Below 1998 Record Lows.

Substack David Marlin

From @Callum Thomas (Weekly S&P500 #ChartStorm)


4. META Cap-Ex Acceleration Projected to Continue.

FT


5. META +10% YTD vs. MAG 7 ETF +23%

Google Finance


6. China Has Doubled Its Power Capacity in 8 Years.

KobeissiLetter


7. Chinese Investment in African Mining +400% in One Year.

Google


8. Obesity Rates Declining.

Chartr


9. TikTok’s Long-Awaited Sale Has Finally Arrived. Here’s What to Know

The agreement has been years in the making.

BY AVA LEVINSON, NEWS WRITER

After years of false starts, TikTok announced a deal to sell its U.S. assets to a group of mostly American investors under a new venture. The move isn’t yet finalized, but it means the app would continue to function within the country. 

CEO Shou Chew sent a memo to employees on December 18, according to CNN

“We have signed agreements with investors regarding a new TikTok U.S. joint venture, enabling over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community,” said Chew. 

Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle, Silver Lake and MGX. Current ByteDance investor affiliates will own around 30 percent, and ByteDance itself will control just under 20 percent.

Featured Video

The Smartland Initiative – MEDC – Webinar

The venture will be held accountable for “retraining the content recommendation algorithm on U.S. user data to ensure the content feed is free from outside manipulation,” as reported by Axios.

U.S. Government Orders

Trump has long been demanding that ByteDance sell its U.S. entity, with his first related executive order issued in 2020. In 2024 a law passed banning the app unless it was sold, but Trump continued to extend enforcement to give time for sale negotiations.    

He said in September that the administration and China had agreed to hand over control of the app to mostly American investors. 

When the deal is finalized, it “will operate as an independent entity with authority over U.S. data protection, algorithm security, content moderation and software assurance, while TikTok global’s U.S. entities will manage global product interoperability and certain commercial activities, including e-commerce, advertising, and marketing,” the memo said.

RTO Mandate

Another announcement from TikTok came yesterday, when the company told U.S. employees they’d be returning to in-person work five days a week by the end of next year, staffers told Business Insider. The rule will span several large sectors, and one employee predicts much of the company’s U.S. staff will be included in the regulation.

But that could change if TikTok finalizes the sale of its U.S. cohort. The deal is currently set to close by January 22, with approval from the Chinese government. 

www.inc.com


10. The Decline of Reading

The Financial Times has a chart about the percentage of teenagers who read in their leisure time:

Ben Carlson Blog

TOPLEY’S TOP 10 December 19, 2025

1. Bitcoin Recently Trading at .80 Correlation to Goldman Non-Profit Tech Stock Index

Sherwood


2. Yesterday QQQ +1.31% vs. IBIT (Bitcoin) -0.47%…Bitcoin was up 4% at One Point Before Crashing to Negative on Day

Ycharts


3. North Korean Hackers Steal $2B Crypto 2025

Yahoo Finance North Korean hackers had their biggest year yet for stealing cryptocurrencies in 2025. David Hollerith 

Cyber attackers sponsored by the rogue regime have swiped over $2.02 billion in crypto since January, according to the latest findings from blockchain analytics firm Chainalysis.

Through early December, the Chainalysis report shows thieves supported by North Korea have stolen over 50% more in crypto this year than in 2024, bringing their total identified haul from crypto theft since 2016 to $6.75 billion.

The findings are just the latest example of how the heavily sanctioned nation has exploited security vulnerabilities in the crypto world to create a significant revenue source. As far back as 2019, national security officials for the US and UN have stated that funds stolen from these affiliated hacker groups support North Korea’s nuclear weapons and missiles programs.

“The reality is that cryptocurrency, because of its global 24/7 access, creates a unique value proposition for the regime to target,” Chainalysis head of national security intelligence Andrew Fierman said.

The crypto industry saw $3.4 billion in theft in 2025 through early December, according to Chainalysis. The bulk came from a single breach in late February, when Dubai-based exchange Bybit suffered a $1.5 billion theft at the hands of North Korea-affiliated hackers. In terms of stolen funds, it was the industry’s largest ever.

Crypto heists have become “the easiest way for DPRK cyber actors to fund their regime,” said Eun Young Choi, an attorney at Arnold & Porter and a former federal prosecutor with experience investigating cyberattacks.

https://finance.yahoo.com/news/north-korea-just-had-its-biggest-year-ever-stealing-cryptocurrency-130002485.html


4. Africa ETF Break-Out +65% 2025

Stockcharts


5. Cash levels are at a record lows for Professional Managers

Businessinsider

BofA Global Fund Manager Survey


6. However American Households Hold Record Cash

Household cash. “Households continue to hold near-record cash balances (98th percentile historically), leaving substantial dry powder should confidence and risk appetite continue to improve. We see this ‘buy-the-dip’ behavior, every day in our data at Citadel Securities.” 

Scott Rubner – Citadel


7. Current Passive AUM = $24 Trillion….Flows 2025

Zerohedge


8. Lennar Home Builder Average Price Sold Post Covid.

Wolfstreet


9. Lennar Stock Back to 2023 Levels.

Stockcharts


10. Zillow’s Top 20 Most Popular Housing Markets (2025)

The following cities comprise the top of Zillow’s annual “Most Popular” list, which focuses on where shoppers are most active:

  1. Rockford, Illinois (Ranked #1 overall)
  2. Berkeley, California
  3. Albany, New York
  4. Dearborn, Michigan
  5. Toledo, Ohio
  6. Carmel, Indiana
  7. South Bend, Indiana
  8. Abilene, Texas
  9. Springfield, Illinois
  10. Allentown, Pennsylvania
  11. Cincinnati, Ohio
  12. Columbus, Ohio
  13. Virginia Beach, Virginia
  14. Cleveland, Ohio
  15. Miami, Florida
  16. Boston, Massachusetts
  17. Oklahoma City, Oklahoma
  18. Detroit, Michigan
  19. Philadelphia, Pennsylvania (The only major metro area in the top 20)
  20. Birmingham, Alabama

Market Trends for 2025

  • Affordability: Most of the top 10 markets feature home prices under $350,000, offering relief from high costs in major coastal hubs.
  • Regional Dominance: The Midwest accounts for the majority of the top markets due to its balance of job access and lower living expenses.
  • Alternative Lists: Zillow also publishes a “Hottest Markets” forecast based on projected competitiveness (e.g., home value appreciation). For 2025, 

Buffalo, NY, and Indianapolis, IN led that separate list. 

www.googlesearch.com