The Dead Cat Bounce

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A market move like this is sometimes called a dead cat bounce, which is gross. President biden yesterday came out and that he didn't think that a recession was inevitable. There's some belief that the fed may still be able to orchestrate what people call a soft landing. Lithuania is blocking russia from transporting goods to kolin an grad. This blockade is part of the sanctions that the e u has laid out against russia for invading ukraine.

The S&P 500 rose by 2.4% on Tuesday, Russia is threatening Lithuania over enforcing EU sanctions, and the global food shortage reignites the debate on using crops for biofuel. Plus, Kellogg is Read a transcript of this episode on FT.com off into three separate companies.

Mentioned in this podcast:

S&P 500 bounces 2.4% after sharp weekly decline

Russia warns Lithuania of serious consequences over Kaliningrad rail ‘blockade’

Food vs fuel: Ukraine war sharpens debate on use of crops for energy

Kellogg’s to split into three separate food businesses

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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