💪 Betting on a Sure Thing: WWE

Good morning everyone! Markets are hanging on every last word from Jerome Powell Head of the Federal Reserve's congressional hearing yesterday.

Markets are reacting to some of his messages about economic resilience, rate hikes, and even CBDGs (Central Bank Digital Currencies).

Down the rabbit hole we go 🐰 🕳️

TRENDING ✨

Crypto-Bank Silvergate is shutting down. The bank’s operations became unsustainable in the wake of FTX’s collapse. (QZ)

___

Spotify is pivoting to video. The audio streaming app is adding an endless scroll feed to take on the likes of TikTok and YouTube Shorts. (QZ)

___

3 things you can do with ChatGPT on Slack (QZ)

___

Adidas is projecting its first annual loss in 31 years amid Kanye split (CNBC)

___

Credit Suisse obtained approval to launch wealth business in China (RT)

___

WWE is in talks with state regulators to legalize betting on scripted matches (CNBC)

___

BIG PICTURE 🌎

Biden’s budget plan due today will propose larger tax on rich investors and corporations, but it’s already dead in the water. (BBG)

___

Israel tensions soar as anti-government unrest moves to army. (BBG)

___

JPMorgan now has more employees in Texas than in New York (BBG)

___

------fin-------

Chart Du Jour 👨🏻‍🍳

MEME DIGESTIF ☕️

Short one today folks but thanks for stopping by!

Help grow our amazing community by sharing our daily newsletter (copy+paste link):

Join our Telegram Channel for a more immersive experience with voice and video commentary from the research team and more in-depth analysis, ideas, and portfolios: