Fed Hawks Emerge as Inflation Remains Sticky
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Is Masa's IPO Market a Failure?
There are now two Vision funds, the first got a lot of middle eastern like SoftBank wealth fund money. What's interesting is they then opened up a second Vision fund and they really couldn't get much interest globally from anybody else. So you've got in the order of a few dozen billions of dollars from SoftBank itself into its own second Vision fund - that's a huge bet on itself. Beyond that, they're sitting on cash and my estimate is they're going to use that cash to buy back more shares because the easiest, laziest way to prop up stock is to just buy the stock.
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