75 basis points in September, here’s why – @jasonfurman Posted on August 15, 2022August 15, 2022 by Joshua M Brown https://www.wsj.com/articles/one-good-inflation-report-isnt-enough-federal-reserve-powell-75-basis-points-september-fomc-unemployment-gdp-cpi-volatility-recession-11660226965?mod=hp_opin_pos_6#cxrecs_s
Economists Say a Euro-Zone Recession Is Now More Likely Than Not Posted on August 15, 2022 by Joshua M Brown https://www.bloomberg.com/news/articles/2022-08-15/economists-say-a-euro-zone-recession-is-now-more-likely-than-not
The best stuff on Josh’s site this week Posted on August 13, 2022August 13, 2022 by Joshua M Brown This Week on TRB
NYC’s most expensive hotel, now selling $200,000 annual memberships Posted on August 13, 2022 by Joshua M Brown https://www.bloomberg.com/news/features/2022-08-11/aman-new-york-is-the-most-expensive-hotel-in-nyc-exclusive-first-look-photos?cmpid=BBD081322_WKND&utm_medium=email&utm_source=newsletter&utm_term=220813&utm_campaign=weekendreading
$10 trillion BlackRock launching a spot Bitcoin fund for institutional investors Posted on August 12, 2022 by Joshua M Brown BlackRock is offering its first-ever investment product directly in Bitcoin as a response to demand from large institutional clients seeking exposure to the asset https://t.co/lNjzDeQqO7— Bloomberg (@business) August 11, 2022
Ryan Reynolds bought a Welsh soccer team for $3 million without consulting his wife. Top that, gentlemen. Posted on August 12, 2022August 12, 2022 by Joshua M Brown https://finance.yahoo.com/news/ryan-reynolds-spent-nearly-3-163447595.html
“There is no justification for this break. I will not invest less money in a fund managed by KKR or Blackstone on account of the tax that is later imposed…after I pay my fee, I couldn’t care less” – @rogerlowenstein Posted on August 10, 2022August 10, 2022 by Joshua M Brown https://rogerlowenstein.substack.com/p/policy-and-tradeoffs?utm_source=substack&utm_medium=email
Stocks and bonds celebrate July CPI report Posted on August 10, 2022August 10, 2022 by Joshua M Brown Please don’t pivot
Domino’s Pizza closing all 29 restaurants in Italy, depriving Italians of authentic Cinnamon Twists™ Posted on August 10, 2022August 10, 2022 by Joshua M Brown https://www.bloomberg.com/news/articles/2022-08-09/domino-s-pizza-leaves-italy-as-traditional-margherita-wins?fromMostRead=true
Elon sells another $6.9 billion worth of Tesla after saying there would be no need for more sales in April Posted on August 10, 2022August 10, 2022 by Joshua M Brown https://www.bloomberg.com/news/articles/2022-08-10/elon-musk-sells-4-3-billion-of-tesla-shares-first-since-april?cmpid=BBD081022_OUS&utm_medium=email&utm_source=newsletter&utm_term=220810&utm_campaign=openamericas
