Ben, Andrew, and Tom discuss an ugly day yesterday across the markets, Biden’s upcoming address surrounding inflation, the readthrough from the Fed’s semi-annual Financial Stability Update, a bleak report from the small business optimism index, momentum slowing on travel bookings as prices rise, some individual winners (AMC, MCHP) and losers (Upstart, Uber, PLTON, Bitcoin), as well as some impactful acquisitions from Philip Morris and Pfizer.
Ben, Andrew, and Tom discuss an ugly day yesterday across the markets, Biden’s upcoming address surrounding inflation, the readthrough from the Fed’s semi-annual Financial Stability Update, a bleak report from the small business optimism index, momentum slowing on travel bookings as prices rise, some individual winners (AMC, MCHP) and losers (Upstart, Uber, PLTON, Bitcoin), as well as some impactful acquisitions from Philip Morris and Pfizer.
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