Four Putt Masters Champ
Fauci says everyone can assess their own Covid risk now, WarnerMedia and Discovery complete their merger, Musk wants to turn Twitter's HQ into a homeless shelter, France is heading into an election runoff, and Scottie Scheffler won the Masters with a four-putt on hole 18.
Litquidity Capital /
Walmart Truckers Getting IB Analyst Salary
Walmart is offering IB starting salaries to new truckers, Ketanji Brown Jackson was confirmed as the first black woman to the Supreme Court, Congress passed a ban on Russian oil and gas imports, and US jobless claims hit the lowest level in decades.
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The Great Ruble Rebound
The ruble has recovered to its pre-war level, NYC crime is up big-time, El Salvador's Bukele canceled his Miami Bitcoin Conference appearance, the Fed talked more about reducing its balance sheet, and banks may use Zelle to challenge major credit card companies.
Litquidity Capital /
Fed's Getting Hawkish
Fed Governor Brainard sounds hawkish, Musk got a Twitter board seat, Republicans want to cut Citi contracts over abortion policy, Amazon bought dozens of rocket launches, Citi is pausing new SPAC issuance, and Fast burned through its money... fast.
Litquidity Capital /
Elon's Timeline
Elon Musk is now Twitter's largest shareholder, the Senate reached a Covid funding deal, Jamie Dimon warns of a $1B loss from Russia exposure, the US seized another Russian oligarch's yacht, Starbucks suspended its buyback program, and Peloton slashed the prices for its new strength training device.
Litquidity Capital /
Peace Out, Coach K
Stocks started off Q2 in the green, China is getting clapped by Covid, UNC ended Coach K's career, oil is back below $100 per barrel, the social security age keeps ticking back, Peru raised its minimum wage, and Fast had slow revenue growth.
Litquidity Capital /
MOAR OIL 🇺🇸
Biden will release 1M barrels of oil a day from US reserves to ease gas prices, Robinhood is rolling out retirement accounts, New Yorkers don't want to go back to the office, a human genome has been fully decoded, and Biden invoked the Defense Production Act for EV batteries.
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Big Things Comin'
CVS has a big opioid settlement in Florida, the EU is considering new Russian bank sanctions, Waymo is sending driverless cars through San Francisco, Apple and Meta got hacked, and Biden says we may have a vaccine shortage in the Fall.
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OnlySPACs
OnlyFans may go public through a SPAC, Axie Infinity got hit by a $600M rug pull, GM wants to produce more electric Hummers, Russia may pull back from Kyiv, the SEC is cracking down on SPACs, and there are too many jobs and not enough workers.
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Musk Is Pumping Tesla Again
Tesla wants a stock split so it can issue a dividend, peace negotiators from both sides of the Russia-Ukraine conflict may have been poisoned, Walmart is ending cigarette sales in some stores, and Hong Kong bankers are getting paid.
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