Virgin Galactic will go through a restructuring. Instacart is going to potentially be the EpiPen to the IPL market in Q3 or Q4. We'll see January's trade balance and job openings data as well as the unemployment rate for February. Fed chair Jerome Powell is also heading to Congress to testify on the current state of federal monetary policy.
This week on Prof G Markets, Scott explains how Virgin Galactic’s unique supply and demand constraints make it a terrible business. He also breaks down why Amazon and Better.com are partnering to allow Amazon employees to pledge their stock as collateral for home loans — with a catch. Finally, Scott takes a look at the enduring grocery delivery market and shares his thoughts on why Instacart might hold the key to unlocking the IPO market.