It was a another news packed week last week and here we give you our bite sized analysis and tips in a simple weekly does.
PPI Data on Friday was stronger than expected causing the markets to reverse some of their recent gains. The Sam Bankman-Fraud drama rolls on, we find out where Twitter has been losing money, the Trump organisation is convicted of 13 years of tax fraud, it's hard to talk at Meta and NYC commercial property is still 50% vacant.
China is reversing its zero covid policy at speed, a right wing coup rears its head in Germany, Musk can't sleep in the office, art dealer fraud + more.
So relax for 20 minutes (ok we've gone a little bit over this week) and absorb:
- FTX and Sam Bankman Fraud have more troubles and we ponder who will play him in the movie?
- Twitter racked up $1m per week in private jet flights for one Director! No wonder Elon is angry
- Trump organisation guilty of tax fraud, Trump himself avoids charges
- Meta have stopped employees talking about vaccine effectiveness, abortion, weapon ownership, pending legislation, elections, political movements, politics, religion ....... what do they discuss?
- China unlocks at a pace which is causing covid waves
- There's the makings of a right wing political coup in Germany,
- Is anyone running the UK? Rishi Sunak is absent!
- NYC commercial property occupancy is still at only 50%, but the developers have a plan
- Musk can't sleep in the San Francisco Twitter office
- Apple and used car pricing
- Fossil fuel returns
- Art dealer returns
- CPI and FOMC this week; is the Fed in danger of over-tightening
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