04-15-2023: China Loves Taco Bell

Apr 15, 2023

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This week in the China Shop, the Fed warns of a likely recession this year, China and India are buying as much Russian oil as they can and Dan finds some savings accounts offering 6% APY (with caveats, of course). In Stock News, BA suffers more setbacks with the 737 Max, the Bud Boycott seems a bit overblown and even though AMZN CEO Andy Jassy only earned about $1M this year, he should still be able to make ends meet... Over in the Crypto Corner, the SEC is taking steps to enforce regulations in DeFi and Bitdeer's IPO is a bit disappointing. In The Bet, the Bulls finally realize swinging for homeruns each week may not be the best plan for defeating Random....

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Links:

Fed Now Expecting Mild Recession This Year

Recession Odds Jump as Fed Crushes Consumers

China and India Buying up Most of Russian Oil

Boeing Parts Issue Stifles 737 Max Deliveries

Boeing Engineers Set New Paper Airplane Distance Record

AMZN CEO Compensation

Bud Light Boycott Explained

Musk Issues Warning for Rivian and Lucid?

Bitdeer's IPO Disappoints