An alternative to hard seltzer

Invest in a premium blue agave cocktail brand

After our first investor trip to Mexico, one thought kept bubbling up:

As it turns out, one premium cocktail company is indeed using blue agave. They're called ​Melograno​, and we met the team on our investor trip to Nashville.

​Melograno​ delivers innovation in the RTD category on the leading edge of global and consumer trends: non-carbonation, healthy lifestyle, premiumization, and natural, “Better for You” ingredients.

Melograno is currently raising a round of funding to expand the brand further. We don't normally offer RTD opportunities, but this is definitely one to look at.

📰 Market Headlines

Markets rallied sharply after the Fed held rates steady and maintained its forecast for two cuts this year.

• The Nasdaq led gains with a 1.4% surge, while the S&P 500 climbed 1.1% and the Dow advanced 0.9%.

• The Fed cut its 2025 growth forecast to 1.7% and raised inflation projections to 2.8%.

President Trump fired two Democratic FTC commissioners.

Boeing stock surged 6.8% after its CFO said cash burn this year would be hundreds of millions lower than expected.

President Trump, AOC, and Bernie Sanders backed a 10% cap on credit card interest rates.

A Financial Times investigation shows $1.4 billion is missing from Tesla’s books.

🏦 Alternative investing news

State Street and Apollo are launching the $PRIV ETF: The first ETF offering exposure to private credit.

It’s interesting how private credit and bank lending are becoming exactly the same thing..

• How well will Apollo's liquidity solution work?

• Will this encourage other firms to start their own private credit desks?

• Can this model be the silver bullet for listed alts?

 📊 Ideas, trends, and analysis

• SEC's whistleblower program surged 830% since inception, awarding $255 million in 2024 alone.

• The Fed held rates steady for the second meeting in a row

 🧠 Make yourself heard

According to Billy McFarland, Fyre Festival 2 is 'moving forward' in Isla Mujeres, Mexico.

Tourism officials, however, say this is an event that ‘does not exist.'

😱 Fear and Greed Index

Earnings

• General Mills beat Q3 earnings; shares tumbled 2.4%.

• Williams-Sonoma reported a Q4 estimate beat; shares plunged 5% on weak guidance projecting full-year revenue between.

Market movers

• Amazon lost its appeal against an $812 million Luxembourg privacy fine.

• Amtrak's CEO Stephen Gardner resigned after the White House demanded leadership changes over safety concerns.

• SoftBank acquired Ampere Computing for $6.5 billion.

• Boeing's Starliner troubles continue as NASA considers requiring a third uncrewed test flight after propulsion system failures.

• Microsoft appointed longtime HR chief Kathleen Hogan as its new strategy leader to navigate the AI era.

🎤 What you said last time

Y’all called it 🫡

What you had to say:

“Some form of consistency is all the market needs to regain its footing.”

📺 What to Watch Today