Commercial bankruptcy filings drop to lows last seen in the loosey-goosey days just before the Financial Crisis.
Archegos shows how leverage is the great accelerator of stock prices on the way up, and on the way down. One of its bets, ViacomCBS collapsed by 60%.
The Pandemic strengthened the resolve to fight obesity.
We’re going to be awash in huge and even absurd percentage-growth numbers.
Video interview with Peak Prosperity.
Banks, as prime brokers and counterparties to the hedge fund, are eating multi-billion-dollar losses as they try to get out of these secretive stock derivative positions.
The SPAC market is in the process of detonating and it will take the Ponzi Sector with it.
Exactly at the worst possible time. Ripple effects to be felt for months.
Unicorn startups are even more unprofitable than those that did not achieve Unicorn status.
To be honest, the WTF SPAC bubble wouldn’t be complete without a WeWork listing that lets SoftBank get out.