05-14-22: Under New Management

MAY 14, 202263 MIN
Band of Traders - Together We Trade

05-14-22: Under New Management

MAY 14, 202263 MIN

Description

This week in the China Shop, new hosts Anthony Fatseas and Sarah Glass discuss the latest CPI data and puzzle over BofA's interpretation of Powell's latest comments. In stocks, Grindr is going public and Elon Musk's TWTR deal holdup make the headlines, along with AMC's Adam Aron's plea to retail shareholders. Over in the Crypto Corner, El Salvador's expected default and COIN's recent struggles are in the spotlight this week, and in The Bet, an argument over who's pick was who's will get put to the listeners to resolve...

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Links:

Latest CPI Data Shows Inflation Still Higher than Expected

BofA Analysts Say the Fed Wants a Hiring Freeze

Small Business Payrolls at Odds with Strong Jobs Report

Musk Buyout of TWTR on Hold

Grindr Going Public Via SPAC

Adam Aron Asks Retail Investors to Back Off Hostile Social Media Posts

El Salvador Expected to Default as Bitcoin Drops

COIN Admits Users May Lose Holdings if Exchange goes Bankrupt

90/90 Study for Finding Market Bottoms

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