Former assistant US Attorney Andrew McCarthy says the Biden administration's handling of the Trump saga forced it into a corner over its own document scandal. Democrats in Congress are reacting to all this with bipartisan agreement that classified documents related to Biden need a closer look. Last year, the S&P 500 ended its worst year since 2008 but Masterworks just handed back a 35% net return to their investors.
A fourth batch of classified documents are found at President Biden’s Delaware home, the debt ceiling approaches new heights, and Republicans move towards banning pediatric gender transitioning treatment in several states. Get the facts first on Morning Wire.
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**“net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Reg A disclosures: https://masterworks.com/cd
Masterworks’ offerings are filed with the SEC, view all past and current offerings at https://www.sec.gov/cgi-bin/browse-edgar?company=masterworks&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany or https://sec.gov/"