STREET SLEUTH
Financial News Aggregator
Zerohedge
Green New Deal Illinois Style: Unions Battle Greens Over How To Screw Taxpayers https://t.co/Tw8w1kUQY6 - Zoltan Pozsar: "banks run 20-times leverage, which means that $10 billion in stock buybacks means $200 billion less of banks’ demand for reserves, Treasuries, MBS, and deposits."
Big banks are expected to buyback $140BN in stock. Do the math what that means for BS capacity
- McAfee Lawyer Saw No Sign Of Suicidal Intent, Blames Death On "Cruelty Of The System" https://t.co/Ev21ygUA3r
- All 23 US Banks Easily Pass Fed's Stress Test, Setting Stage For Billions In Buybacks https://t.co/2KTWccfY5E
- *BANKS EASILY CLEAR U.S. STRESS TESTS, SETTING STAGE FOR PAYOUTS
Bloomberg
Citi is taking another step into the world of cryptocurrencies https://t.co/VL16lH2nW8 - The team that took DraftKings public is planning a SPAC that would break new ground by being able to pursue multiple transactions https://t.co/XzeZxhwG9b
- Pfizer is pausing worldwide distribution of its smoking-cessation drug Chantix after finding elevated levels of nitrosamines, a likely carcinogen https://t.co/mudCOFNvHg
- Senator Amy Klobuchar says a "small but mighty" bipartisan group is committed to pushing the new antitrust proposals through Congress https://t.co/nqEu31AX6w
- The lack of thorough and accessible financial data is holding back economies across the world, according to McKinsey Global Institute https://t.co/jpByc6Cq1T
Dealbook
Tsedal Neeley, a professor at Harvard Business School, blames meeting glut on the assumption that verbal communication is best. “All these meetings,” she said, “I bet you, I promise you: 50 percent of it can go away if people have the courage.” https://t.co/4C1PWLU4TT - An influential watchdog group on Thursday said the British government was doing far too little to implement the ambitious pledges it has made on tackling climate change. Follow our business updates. https://t.co/JbNtespz1Q
- Vehicle service contracts are “fraught with peril for consumers, especially economically vulnerable people who can’t afford to have their car break down,” said Rosemary Shahan, the president of Consumers for Auto Reliability and Safety. https://t.co/JotDcYkkCQ
- On Wednesday House lawmakers took their first votes on a suite of bills that are meant to weaken the dominance of Big Tech. The committee members debated the bills through the night. Discussions are expected to resume later in the morning. https://t.co/aeQqzDUWuG
- Sober travel, a close cousin of wellness tourism, is on the rise. https://t.co/aNCV8oUz8R
Briefing.com
$BONDX: Treasury Market Summary https://t.co/CQqmC2LKz1 - $XLK: House Judiciary Committee votes to advance rest of antitrust bills related to technology companies by a vote... https://t.co/3MVhDraGg2
- $AUD: Audacy launches new sports podcast studio 2400Sports https://t.co/ASQX51ryVo
- $COMDX: Energy Settlement Prices https://t.co/BnPnlKxSr9
- $BA: Boeing a top gainer (+2.7%) in the Dow today following supportive remarks from Southwest CEO Gary Kelly earlier... https://t.co/wcFPYfLTX0
Benzinga
Proof of work vs staking
"My view is in three years... nobody is going to be using proof of work" @AndrewKiguel CEO @tokens_com
#Crypto Show w/ @rossreports & @aaron_thoma5
Full interview: https://t.co/Jf0gD3KtBg https://t.co/4C1FJFsSsL - After Hours with Ryan Rozbiani | Stock Market LIVE 🚨 https://t.co/01wACG8zh8
- .@stoolpresidente Vs. @cvpayne: Whose Side Are You On After On-Air Spar? $AMC $GME https://t.co/i8XdpfymPn
- Enterprise Resource Planning | Benzinga Cannabis Hour | Stock Market LIVE 🔴 https://t.co/Aqk9kGgFZY
- EXCLUSIVE: Doximity CFO Anna Bryson Talks Digital Health Care Platform, Physician-First Mission On 'Power Hour' $DOCS $ZM https://t.co/Wk8bIeEHYX
Mohamed El-Erian
Thank you very much @jchatterleyCNN for our conversation on the #economy and #markets.
@cnn @firstmove https://t.co/KdO1CZ32Dp - New record highs at the open for the S&P and #NASDAQ consistent with #markets finding support for the golden three:
Solid global #growth (via the latest numbers out of #Europe);
Transitory #inflation (via today's @bankofengland statement); and
Ever-friendly #CentralBanks (ditto).
- Disappointing US data with
a (small) fall in jobless claims again falling short of consensus expectations (411,000 vs 380,000); and
a miss on durable goods.
Adds to concern about the functioning of the labor market and potential spillovers
Doesn't resolve the "transitory" debate
- Notable upward revisions from the @BankOfEngland:
Q2 growth increased by a notable 1.25 percentage points to 5.5% compared to the early May forecast; and
CPI #inflation now expected to go above 3%
Signaling conviction in "transitory" dynamics, the central bank left policies as is
- GM.
Among the things to watch today:
The outcome of the @BankOfEngland policy meeting.
Relevance goes beyond the UK #economy, shedding light on how a highly-regarded central bank-- deemed to have navigated the last few years particularly well--assesses/reacts to higher #inflation
Joe Weisenthal
Crypto traders have gone too far imo https://t.co/utAmWGznQV - Talking coins next with @SBF_Alameda https://t.co/AlWXaEc04k
- Coming up!
@edwardnh making his WDYM debut!
And then SBF after that.
https://t.co/AlWXaEc04k
- Every time stocks hit a record high, think back on every time you saw someone post about the Fed being cornered/in a box/being out of ammo etc.
- *S&P 500, NASDAQ COMPOSITE, NASDAQ 100 CLOSE AT RECORD HIGHS
https://t.co/AV188y1gvU
Dylan Grice
another international tournament, another international letdown ...
https://t.co/wr0mYJVYfK- "If any time the Fed gets a whiff of inflation and they come in and slap it back down, why would any investor worry about long-term inflation being too high?” said Michael Pond, head of global inflation-linked research at Barclays
er ... uh?
https://t.co/6Vy42Lhbom
- removing politicians from CBs in the 80s was the biggest driver of the subsequent disinflation, since economies produce deflation while politicians produce inflation
now the politicians are back. we're in the age of the virtue-signalling central banker
https://t.co/3gG7D4Z5xm
CNBC
500 people have been arrested in Jan. 6 Capitol riot by Trump supporters, AG Garland says https://t.co/IIQD69HpSc - Why Windows 11 is bringing Android apps to your PC: CNBC After Hours https://t.co/uW6iI1IcQy
- Rudy Giuliani skips Dominion defamation case hearing after his law license gets suspended in NY https://t.co/sQtTHeGNs4
- U.S. weekly jobless claims total 411,000, vs. 380,000 estimate. https://t.co/vrdMSQjSh8 https://t.co/q7L2WL77Fi
- Four Silicon Valley VC firms notched billion-dollar IPO wins on Thursday https://t.co/aFSsSwmPeh
AdvisorHub
With an eye on Morgan Stanley’s E*Trade Financial acquisition and Bank of America’s Edge platform expansion, Wells Fargo & Co. mulling its own push into the self-guided channel to capture more assets and next-generation investors https://t.co/kxmKwhB01x - A 27-year Merrill Lynch veteran broker in Washington, D.C. who helped lead a corporate plan advisory business has bolted for Morgan Stanley, likely taking individual clients who help him generate roughly $4.5 million in annual production https://t.co/dmae2sZ3Ze
- Bank of America’s Merrill Lynch wealth business has unveiled new job descriptions and titles for roughly 1,000 would-be brokers who will shift to new roles effective July 1 as part of a sweeping update last month to its advisor training program. https://t.co/t70sHwMtut
- Broker who is the grandson of the founder of the storied Barney Greengrass deli in Manhattan had claimed in a $13 million suit that another employee poached his largest client. https://t.co/HEyRF59CfF
- The competition for private bankers continues as a senior executive at J.P. Morgan Private Bank in California has left the firm while another banker in Texas has made the bank-to-broker switch and joined UBS Wealth Management USA. https://t.co/VuVq9ZMCrJ
247 Wall St.
5 Top Biotech Stocks to Buy for 2021 With Massive Upside Potential https://t.co/8eiVJ8lvgf https://t.co/FX2n0GHZci- 5 Top Biotech Stocks to Buy for 2021 With Massive Upside Potential https://t.co/8eiVJ8lvgf https://t.co/FX2n0GHZci
- The 5 Most Overvalued Companies in the S&P 500 https://t.co/G1akEWoSrw https://t.co/zg6olvnE1i
- The 5 Most Overvalued Companies in the S&P 500 https://t.co/G1akEWoSrw https://t.co/zg6olvnE1i
- If This Movie Chain Goes Bankrupt, Investors Will Get Zero https://t.co/reuU4uz1SP https://t.co/YR1GeYX25j
Financial Times
UK prime minister Boris Johnson has stood by the decision to sail a warship through Black Sea waters claimed by Russia after Moscow threatened it would bomb British ships in the event of further 'provocative steps' in the region https://t.co/49tDRaZeiL - US banks gear up for buyback bonanza after passing stress tests https://t.co/MYAwEL0I4s
- Andreessen Horowitz, the venture capital firm that has backed Facebook and crypto exchange Coinbase, raised $2.2bn for its third fund focused on digital assets https://t.co/5DXf3CoBCs
- Google has delayed a plan to end support for third-party cookies in its Chrome browser by nearly two years https://t.co/XUg7KosGh3
- Just published: front page of the Financial Times UK edition Friday June 25 https://t.co/XBybzAUVek https://t.co/Q8MHAmFsxN
Albert Edwards
Vibrant start to the week with a big upward move in T-Bond prices with yields briefly plunging below 1.4% to visit 1.35% in Asian trading. We are close to breaking key downward resistance and weekly Macds suggest lots of power still available if required, to power a further rally https://t.co/3SoZJcln8r- It’s Father’s Day here today. It’s heartwarming to read about fathers like this, who make a real difference. My father grew up in Karachi and lived there until after the war. This great non-denominational educational charity has 50% girl pupils. https://t.co/MfkNuuNMgl https://t.co/ETjSs1Lgj7
- After Amersham, Tory MPs are panicking because of gov plans to allow developers to build more easily in Tory heartlands. So they should. The Tories recently lost our local Council because of this very issue. @KemiBadenoch there is no shortage of housing
https://t.co/8AMA9Ld4vz https://t.co/ZfPsGc0ev4
- While here in the UK we have moronic fiscal interventions like “help-to-buy” (government guaranteed top-up mortgages) and a Stamp Duty holiday that has succeeded in propelling house prices to even more unaffordable levels. Chancellors Sunak and before him, Osborne are idiots. https://t.co/DA1CXNIqp7
- When people tell you there is a “shortage” of housing due to lack of supply and we need to build more they are perpetuating a lie. There is excess demand (especially speculative demand) due to CB QE and ZIRP. Unaffordable housing is due to CBs not lack of supply. https://t.co/xiwJLi0c2H
Reuters Business
Kristina Hooper, Invesco global chief market strategist, gives @Reuters her outlook and market picks for 2021 https://t.co/yPHvVskv5e- Kristina Hooper, Invesco global chief market strategist, gives @Reuters her outlook and market picks for 2021 https://t.co/yPHvVskv5e
- Global crude oil markets lost about a fifth of their value in 2020 as strict lockdowns paralyzed much of the global economy, and prices were not expected to make much progress in 2021, according to a @Reuters poll. Read more https://t.co/wsOfOzX8gx https://t.co/xbKHpXdoVd
- Global crude oil markets lost about a fifth of their value in 2020 as strict lockdowns paralyzed much of the global economy, and prices were not expected to make much progress in 2021, according to a @Reuters poll. Read more https://t.co/wsOfOzX8gx https://t.co/xbKHpXdoVd
- After golden year for precious metals, silver set to shine in 2021 https://t.co/7OjjaVhJy3 https://t.co/KBDnBYI0Oc
Morningstar
Get answers to some common questions about green bonds, such as:
— Who issues them?
— How big is the market?
— What role can green bond funds play in my portfolio?
#ESG #SustainableInvesting https://t.co/I7rx3ofS0n - What’s the difference between a 401(k) and Roth IRA?
Find out how saving now can really matter later in our Short Answer YouTube series. #personalfinance #retirement https://t.co/g8s9wIc3FD
- Two Vanguard funds recently changed their benchmarks.
@MstarETFUS spoke with Susan Dziubinski to lay out what these types of changes mean for index fund investors. #investing #personalfinance https://t.co/pxig0ziYAv
- Who wants #cryptocurrency in their #retirement plan?
Most people remain hesitant, but as #Bitcoin and other crypto assets move toward broader acceptance in the financial industry, there's a small crypto-curious contingent. https://t.co/syGTO1bP7A
- Nearly 50 years ago, Vanguard was the disrupter, launching the first retail index fund.
To fend off competitors today, the family is working on several big initiatives. But these efforts pose challenges — including staying true to Vanguard's ideals. https://t.co/c906ZEp2Eg
The Economist
“You might end up in a situation where the only governing that happens is when Congress is up against a cliff.” @imkahloon tells “Checks and Balance” the Biden agenda appears gridlocked https://t.co/Bz6QssfyaT - “We’re losing species at unprecedented scale and an unprecedented rate...we don’t have the basic data of what we’re losing and how fast.” Tanya Berger-Wolf of @WildMeORG explains how machine learning can be used to monitor biodiversity, on “Babbage” https://t.co/3EZiuaA9Yk https://t.co/fxP7e63gag
- No one doubts sustained fusion is possible in principle. It powers every star in the universe. Making it work on Earth, though, has proved harder https://t.co/A3jyrzVRTG
- On our ‘Money Talks’ podcast with @SimonLong55:
-How Softbank rode the waves of the pandemic
-@MatthieuFavas explains the methods and menace of the new bank robbers
-And, @RyanAvent on the evolution of economic theory https://t.co/4hezWnislx
- Today’s travel industry may have taken a battering owing to the pandemic—but the new one that emerges could be better than ever https://t.co/6C32uzsAlt
MarketWatch
FedEx earnings set a record, but the stock is falling in after hours trading https://t.co/9Ilpk8XJul - PETA says it will end campaigns against Canada Goose after the company announced that it will stop using fur.
However, that doesn’t mean PETA is totally letting up: “PETA will now re-engage the company to push for an end to its use of feathers."
https://t.co/8ixb4CXH7B
- Nike stock is gaining after hours following sales numbers that topped estimates https://t.co/llLIeShXVs
- Microsoft closes with a valuation atop $2 trillion, joining Apple in that club https://t.co/l7DY3rGGV8
- Will Fed tapering concerns derail the rising stock market? ‘Investors should look past it,’ says one strategist. https://t.co/4BqCINjxqd
WSJ Business News
At The Wall Street Journal’s Global Food Forum, CEO of agriculture company Archer Daniels Midland says it is tightening defenses against cyberattacks https://t.co/2jmhLm03Hc via @WSJ - Before the pandemic, CVS and Walgreens were reeling. Now they’re riding a Covid-19 wave. How long will it last? https://t.co/2ZaVyiTgD1
Alex Berenson
Today on Walensky's Anatomy:
A handsome NURSE walks in WALENSKY'S office.
W: Come here naughty!*
They kiss. Her HUSBAND walks in.
H: What is this?
W: Nothing, I swear.
H: That's a lie.
W: It's an interpretation of data!
N: I'll get the Haldol.
*Pronounced "Comirnaty." - People keep asking me why they’re lying - in ways so easy to catch.
The truth is:
I don’t know.
And I have to focus on the data - on catching the lies. And people usually lie incrementally, rather than in some grand plan.
But yes, sooner or later the question needs an answer.
- None of what she says is true. Again: the @CDCDirector is not telling the truth.
Her agency’s own data does not begin to back the figures in her tweet. https://t.co/qgSPqgz86U
- My new Substack about vaccines:
"We can no longer trust the Centers for Disease Control to weigh honestly the risks and benefits of Covid vaccines for young people."
https://t.co/eN2ExjDs0v
- What's interesting is that the @cdcgov data tell a coherent and consistent story, if you know where to look. I think some people inside the agency want the truth out - they're just not the ones in charge.
The Fly
FedEx beats by $0.01, beats on revs; guides FY22 EPS above consensus $FDX - NIKE beats by $0.42, beats on revs, NIKE Brand Digital up 41% vs. prior year $NKE
- Axonics Modulation files premarket approval with the FDA for its non-rechargeable sacral neuromodulation implantable neurostimulator $AXNX
- Closing blog https://t.co/fvv3ZMvHi5
- Gigantic Move Higher in Indices Yet I’m Morassed With Boredom via @the_real_fly https://t.co/PNnIo8owvy $WISH $NCTY
Jim Bianco
Good take https://t.co/3Ra91sBEi4 - Ten Fed speeches today and tomorrow.
How lucky are we? https://t.co/IJWY60LZ32
- No coiners https://t.co/mLToWFlmbO
- Ah yes, an absolute classic (note the date) I stumbled across again ... always worth reminiscing about.
https://t.co/eLXrInTMH7
- Oh goodie, we get to play this parlor game the rest of the summer!
https://t.co/3Whh6iDT7T
Charlie Bilello
Poll results: where do you prefer to work and where are you most productive... https://t.co/BcIn00Hqv8 - Commodity prices over last year...
Lumber: +104%
Natural Gas: +98%
WTI Crude: +81%
Heating Oil: +78%
Brent Crude +76%
Gasoline: +75%
Corn: +65%
Copper: +63%
Coffee: +57%
Soybeans: +49%
Cotton: +46%
Silver: +45%
Sugar: +43%
Wheat: +35%
Palladium: +35%
Platinum: +28%
Gold: +0.1%
- Global Growth Rates... https://t.co/e9jubv3mQ9
- New Home Prices in the US hit another record high in May ($374,400), up 18% over the last year.
Charting via @ycharts https://t.co/RQmmqupODe
- Global Central Bank Update:
-Czech Republic hikes rates to by 25 bps to 0.50% and signals more increases to come in the second half of the year. https://t.co/9HLnm8OEIE
DEALBREAKER
Opening Bell: 6.24.21 https://t.co/AkxVCoq3pP - Conflicts Of Interest Continue To Pay Off For Disgraced Hedg e Fund Manager https://t.co/Q7PpMp4hil
- Rubberneckers Looking Non-Existent Truck Pileup That Was Last Major Electric Vehicle SPAC Deal Not Slowing Down https://t.co/nCB7vMEojI
- Opening Bell: 6.23.21 https://t.co/yojohnV9df
- Prosecutors Successfully Spoof Spoofer To Prison https://t.co/6m3bhqhK77
Investing.com
2️⃣ Top Tech Stocks to Buy Right Now Not Named Apple! 👀
Read NOW! 👉 https://t.co/HEc9kUBKt3 https://t.co/4wK9OOtp7z - Markets CLOSED 🚨 S&P 500 Makes Dash to Fresh Record as Biden Seals Infrastructure Deal! 📈
Read NOW! 👉 https://t.co/kEnl3uFuEw https://t.co/xdYEdhb098
- *COME FIND US ON TIKTOK FOR MORE FINANCIAL NEWS!!
👉https://t.co/17JrgLQ9oe https://t.co/5vJCNUZfno
- *BIDEN SAYS WE HAVE AN INFRASTRUCTURE DEAL https://t.co/06L3X4jOON
- *CITI STARTS CRYPTO UNIT IN WEALTH MANAGEMENT DIVISION: BLOCK
Associated Press
A cellphone video first carried the agony of George Floyd’s death around the world. On Friday, former police officer Derek Chauvin will be sentenced for Floyd's murder. These @AP photos tell the story of what happened in the 13 months between.
https://t.co/lGiJIuTn4o - Derek Chauvin faces sentencing Friday in the death of George Floyd. It is rare that police are charged with crimes in the deaths of civilians, and rarer still that they are convicted. Here’s a look at the outcomes of other high-profile cases.
https://t.co/g97yPOihzJ
- Nearly 100 people are still unaccounted for in the collapse of a Florida beachfront condo, raising fears that the death toll could climb sharply. One person is confirmed dead as rescuers in Surfside, Florida, continue to search for survivors in the rubble. https://t.co/DysLgmleS6
- The delta variant of the coronavirus has been found in more than 80 countries. Here’s what you need to know about the variant, which now represents most new infections in the United Kingdom and 20% of cases in the United States. https://t.co/viuUKCPPxU
- “I’m tired of going to family funerals,” says an activist who passes out the overdose-reversal medication Narcan in Black communities. He lost three relatives as overdose deaths surged among Black Americans during the COVID pandemic. https://t.co/3XfGXUJx0d
Senator Eloise Williams CFA, MBA, PHD
#PayMeInUSDollars - Take me back to the good ole days. https://t.co/vNOQhG0top
- The poors say and do the darndest things. https://t.co/aS72ykN96s
- If you are angry about the Peter Thiel Roth IRA you are probably a slobbery poor with a net worth of $10,000.
- Huge Johnny Hobo (Pat the Bunny) aka Pat Schweenis fan. Anyone know what he has been up to since retiring from the folk punk scene?
Bespoke
Even though the index hit a 52-week high, only around 45% of S&P 500 stocks are even above their 50-DMAs.
Read more in today's Sector Snapshot: https://t.co/vZUpSyJjZj https://t.co/kQaY1bsosZ - After falling 36% on a closing basis from 2/12-5/13, the ARK Innovation ETF $ARKK has rallied back 26% since then. New bull market... https://t.co/2D3WdZ3W6R
- The number of daily new COVID cases in Brazil is back at a new high on a 7-day average basis. https://t.co/RhbClpW7J8
- Like a lot of other areas of the Tech space, semis have been trading in an increasingly narrow range. https://t.co/LCeRdb4OLD https://t.co/si9qu2bkaF
- While inventories of completed homes are near record lows, inventories of homes not started have surged.
Read more in tonight's Closer: https://t.co/Lf59jmcsbI https://t.co/LmgGAooLYT
NYT Business
Inflation is expected to climb even higher than previously predicted, but the Bank of England’s policymakers stood firm on Thursday and saw little need to scale back their large monetary stimulus program. That is, all but one. https://t.co/g6KWhdd8re - BuzzFeed, the digital media company, said it planned to go public through merger with a special purpose acquisition company.
Here are the details, from BuzzFeed’s statement on Thursday: https://t.co/T3yiukHiMn
- The giant tech companies with their power-hungry, football-field-size data centers are not the environmental villains they are sometimes portrayed to be on social media and elsewhere. https://t.co/7crK2WXUSb
- In On Tech, @shiraovide talks to @ceciliakang about efforts by House lawmakers to limit the power of big tech companies. https://t.co/qDK8nq7ZSs
- Tsedal Neeley, a professor at Harvard Business School, blames meeting glut on the assumption that verbal communication is best. “All these meetings,” she said, “I bet you, I promise you: 50 percent of it can go away if people have the courage.” https://t.co/r5HMOkwkyX
Jerome A Powell
If you had put $10,000 under the mattress 69 years ago you would’ve had $10,000 today - The global economy if the Fed raises interest rates 0.1% https://t.co/E6E2nyDWS6
- Guys please follow my backup account @jpowB in case Twitter decides to send me to prison https://t.co/aXYG1Nntci
- PLANNING ON RAISING INTEREST RATES 1000 BASIS POINTS TO FUND BIDEN’S INFRASTRUCTURE PLAN
- BREAKING: BIDEN PLANS TO FUND INFRASTRUCTURE PLAN BY SEIZING BITCOIN FROM EL SALVADOR
WSJ Markets
Microsoft's cloud focus has propelled it to a $2 trillion market value. But @djtgallagher says staying there will require all of the software giant's businesses to keep humming -- including its ubiquitous Windows operating system: https://t.co/614s5K180W - What does Google's delay of its plan to phase out third-party cookies mean for smaller companies that provide ad-tech services? https://t.co/mRQPZ3oxXp
- Construction stocks are jumping on news of the infrastructure deal. And will Tesla notch another daily gain? Stay on top of these and all the action across markets https://t.co/ai9pwXg83b
- Heard on the Street: Microsoft still needs Windows to shine https://t.co/Kecizn3K8C
- Heard on the Street: Beneath the surface of a spat between Boeing and Comac, a raft of U.S. companies are key suppliers of China’s upstart plane maker https://t.co/1ksr26V2Ij
Quoth The Raven
Love how Fast Money wheels out Brian Kelly like he’s the crypto “expert”. Dude couldn’t find the Pacific Ocean on a map of the Earth - $CLOV https://t.co/d131VpC1yA
- Cruising into summer on a vibe like this kid https://t.co/t2gNPBu128
- Memo to our government: STOP SPENDING MONEY WE DON’T FUCKING HAVE! https://t.co/R49ckNptse
- BIDEN: I WILL FIGHT FOR A $300 BILLION TAX CREDIT TO HELP WITH ENVIRONMENTAL CONCERNS
To be paid for with money we don’t have, will have to print, and will wind up as a new inflationary tax on all citizens, instead of a “tax credit”
Abnormal Returns
📈 Posts from Abnormal Returns for 06/24/2021 📉 - https://t.co/hAaoa9igja - 🆓 Thursday links: a big crypto fund launch, the coming mutual fund to ETF conversion wave and how supply constraints will extend the recovery. https://t.co/4eJHbyqfHb
chart: https://t.co/kz5lFmQ2vM https://t.co/Ad48h1RwID
- 🆕 Longform links: Silicon Valley's new narrative, the unique mental health challenge for physicians and how niche sports stars are cashing in. https://t.co/KziABGgnMt
image: https://t.co/sKdpwYRuza https://t.co/AmxTs4tbgE
- 📈 Posts from Abnormal Returns for 06/23/2021 📉 - https://t.co/eBqHHpnbrv
- 🆓 Wednesday links: bearish gold market timers, why online grocery shopping is here to stay and Americans changing careers not just jobs. https://t.co/xPy8fviIoy
chart: https://t.co/mJsEQqj40q https://t.co/we5A1spAPJ
Sahil Bloom
Every Friday, I send out a newsletter with 5 pieces of content curated to spark your intellectual curiosity.
One Quote
One Tweet
One Article
One Podcast
One Bonus
It’s free, but I’ll still throw in a money back guarantee!
Sign up at the link below to join the tribe!👇 - What is the most genius marketing campaign of all time?
- GameStop repurchased 38.1 million shares at ~$5 per share in 2019.
Yesterday, it announced that it had recently sold 5 million shares at ~$225 per share in an “at-the-market” offering.
Is this the greatest stock trade in public company history?
- “There is no passion to be found playing small—in settling for a life that is less than the one you are capable of living.” – Nelson Mandela
Exciting roles where you can play big (so you never have to settle):
- Apple created one of the most powerful network effects in the world by making the iMessage bubble blue (and off-platform bubbles green).
Name a more simple, iconic design move…
Dave Portnoy
Hey idiot I bought the day before trading was halted. I didn’t know they could do that. I lost 700k. I chased @StevenACohen2 off Twitter. I ripped @vladtenev apart. I told the truth when I bought and sold. I created an uproar. What did you do? I am the retail investor https://t.co/6c6kbcERh3 - This is who @cvpayne wants me to apologize to. What a moron https://t.co/9V3s149uuz
- Every network executive should get their pens out and take notes on my interview with Charles Payne #DDTG https://t.co/QLSL7EukLd
- Momma…..there goes that man again! https://t.co/uDBm9qnHzN
- Davey Day Trader at the Closing Bell presented by @Blockfolio - June 24, 2021 https://t.co/PswNNlXqIr
Sahil Bloom
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- What is the most genius marketing campaign of all time?
- GameStop repurchased 38.1 million shares at ~$5 per share in 2019.
Yesterday, it announced that it had recently sold 5 million shares at ~$225 per share in an “at-the-market” offering.
Is this the greatest stock trade in public company history?
- “There is no passion to be found playing small—in settling for a life that is less than the one you are capable of living.” – Nelson Mandela
Exciting roles where you can play big (so you never have to settle):
- Apple created one of the most powerful network effects in the world by making the iMessage bubble blue (and off-platform bubbles green).
Name a more simple, iconic design move…
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