Founders: Early Look +

Hartnett and GS Crypto

Housekeeping: Very slow time of year for materials. Expect the 2025 reports to start coming in heavier next week. Have a couple pieces coming from us. One on the Goldman “Pushback”, a second on China dedollarization as it manifests in their policies towards US biz.

Contents:

1. Flow Show:

2. Hartnett: Best of Breed Stocks

3. Global FMS: cash levels are very low..…