Exec Sum

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Page 60

Yellen Was Wrong

Yellen admits she was wrong about inflation, crypto bounced back, US home prices keep accelerating, DeLorean revealed a new EV model, Hong Kong wants lighter Covid restrictions, and Forbes canceled its SPAC merger plans.

Litquidity Capital

May 31, 2022

Pelosi Partied Hard

Paul Pelosi got a DUI, the EU is banning most Russian oil, US gas prices keep climbing, the WHO is worried about monkeypox, German inflation hit a record high, and Top Gun dominated the weekend box office.

Litquidity Capital

May 27, 2022

EY's Business Breakup

Delta is cutting some flights, Russia faces a debt test, Instacart slows its hiring, EY may split its audit and advisory businesses, Twitter has to pay a $150M fine, the FDA chief urges a baby formula stockpile, and Broadcom is acquiring VMware.

Litquidity Capital

May 26, 2022

Burning Money in The Metaverse

Jack Dorsey left Twitter's board, the SEC is cracking down on misleading ESG claims, Zuck's metaverse will burn cash in the short-term, Musk boosted the equity component of his Twitter bid, and a tree-boring beetle could wreck South Africa's economy.

Litquidity Capital

May 25, 2022

Ackman Is Getting Antsy

Ackman wants the Fed to get aggressive with rate hikes, China Covid cases continue to climb, McDonald's is poised to retain its board seats in its proxy fight with Icahn, more baby formula is headed to the US, and Lyft is the latest company to pause hiring.

Litquidity Capital

May 24, 2022

Monkeypox Is Making Waves

The WHO gave a Monkeypox update, Snap plummeted after earnings, Starbucks is leaving Russia, Bill Hwang had to turn in his passport, Goldman Sachs employees are worried about being targets for violent crime, and FTX is considering some acquisitions.

Litquidity Capital

May 23, 2022

To Bear or Not To Bear

US stocks flirted with bear market territory on Friday, Amazon is cutting back on warehouse leases, JM Smucker recalled some peanut butter, the US is airlifting baby formula from Europe, Biden signed the Ukraine aid package, and Apple wants to boost production outside of China.

Litquidity Capital

May 20, 2022

Citadel Might Leave Chicago

Ken Griffin is tired of Chicago crime, Goldman and JPM strategists think recession fears are overblown, Spirit wants shareholders to reject JetBlue's bid, more subprime borrowers are missing payments, Twitter wants to limit misinformation, and the Fed is sticking to its interest rate plan.

Litquidity Capital

May 19, 2022

Martin Shkreli Is Back

Huge day in the US legal system as Martin Shkreli and Billy McFarland were both released from prison, Target and Walmart had poor earnings reports, Twitter keeps losing senior employees, Melvin Capital is winding down, and the US reopened its Kyiv embassy.

Litquidity Capital

May 18, 2022

Musk vs Twitter Bots

Musk says Twitter has too many bots, Goldman Sachs is giving senior staff "unlimited vacation", Mastercard is testing facial-recognition, Disney revealed an ad-supported version of Disney+, Nestlé is shipping more baby formula to the US, and homebuilder sentiment has fallen to a two-year low.

Litquidity Capital

May 17, 2022

Buffett Bought the Dip

Berkshire Hathaway has been deploying cash left and right, McDonald's is leaving Russia, Canadian home prices dropped for the first time in two years, NYC Covid cases are rising, China's economy is grinding to a halt, and JetBlue made a hostile cash offer for Spirit Airlines.

Litquidity Capital

May 16, 2022

One Euro is (Almost) One Dollar

Stocks closed green Friday but finished the week negative, Finland and Sweden are set to enter NATO, India is restricting wheat exports, Ford dumped some Rivian shares, the euro is sliding towards dollar parity, investors keep betting on Cathie Wood, CEOs got PAID in 2021, and 10 were killed in a Buffalo shooting.

Litquidity Capital

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