Band of Traders - Together We Trade 05-28-22: Strippers Calling Recession, FED Shows QT Progression
This week in the China Shop, we look at the recent Fed meeting notes and latest inflation readings and look for confluence with exotic dancer predictions, before speculating on what's in store for real estate. In Stock News, Musk is back in the headlines as a TWTR shareholder tries to sue for stock manipulation, while Nio is rumored to be eying expansion into the US. Over in the Crypto Corner, lender Babel's valuation sits at around $2 billion, showing theirs still institutional interest in the sector and in The Bet, the results for May are in.
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Links:
Key Inflation Gauge Slowed to Still High 6.3% over Past Year
Strippers Forecast Recession Due to Empty Clubs
TWTR Shareholder Lawsuit Alleges Musk Stock Manipulation
Americans Splurge on Dressing up to Benefit Macy's and Others
Crypto Lender Babel Finance Valued at $2 Billion after Latest Fundraising
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