Market Clappening
Stocks had a rough day, European banks raised rates by 0.5%, US IPO proceeds hit a 32-year low, Musk sold $3.5B of Tesla stock, the EU approved a 15% minimum corporate tax, US rents dropped 0.4% MoM, Twitter suspended a bunch of journalists, the Senate passed a bill to ban TikTok on government devices, and mortgage rates fell for the 5th straight week.
