170. Meme Stocks, Real Estate News, and ChatGPT's Attempt to Build Financial Models

Send us a text

In this week’s episode of The Skinny on Wall Street, Kristen and Jen break down the latest wave of meme stock mania and what it reveals about market sentiment. They dive into Opendoor and other “DORK” stocks (Krispy Kreme, Opendoor, Kohl’s, etc.), explaining how short squeezes and retail investor hype have driven massive price swings despite weak fundamentals. The conversation also unpacks the housing market’s current dynamics—record-high home prices, the impact of higher mortgage rates, and why real estate inventory levels are starting to shift.

The hosts then turn their attention to policy, analyzing Marjorie Taylor Greene’s proposal to remove the capital gains tax cap on primary residences. They explore whether this change would meaningfully improve housing affordability or simply benefit older, wealthier homeowners, and why the real barrier for many sellers is “mortgage rate lock-in.” Kristen and Jen also discuss how inventory, pricing trends, and affordability challenges are shaping the broader market outlook.

Finally, they examine how AI is creeping into investment banking with OpenAI’s new “agentic mode” designed to automate financial modeling. Kristen and Jen share their hands-on experience testing the tool, explaining where it can help and where it falls short. They discuss the risks of over-reliance on AI, the importance of building skills manually, and what the rise of these tools might mean for the future of knowledge work.

For a 14 day FREE Trial of Macabacus, click HERE

For 20% off Deleteme, use the code TWSS or click the link HERE! 

Sign up for our LIVE Virtual Bootcamps!

2-Day Financial Modeling Bootcamp
Master the technical Excel and accounting skills essential for investment banking, private equity, and fundamental investing. (Learn more HERE)

Global Markets & Investing Playbook
A one-day crash course on the financial ecosystem, perfect for anyone seeking a big-picture understanding of how global markets and Wall Street fit together.

Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. (Learn more HERE)