Band of Traders - Together We Trade 05-21-22: Citadel Blames Retail, Bullard's Bulls Prevail
This week in the China Shop, we look at the comments by uber hawk Bullard on Friday before moving on to stories about Melvin Capital and Citadel's Ken Griffin. In other news, Turkey's latest actions justify Dan's repeated attempts to start beef as they threaten to block Finland and Sweden from joining NATO. In Stock News, Stellantis pisses off their suppliers and Musk tries to get the SEC involved in his TWTR acquisition. Over in the Crypto Corner, Dan fills us in on more of the details leading to the collapse of stablecoin Terra and in The Bet, Kyle finally gets his consequences
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Links:
Fed Bullard Saves the Markets?
Former SEC Chief Says Recession is Likely
Melvin Capital Hedge Fund Shuts Down
Citadel's Griffen Chides Retail for Taking Down Melvin Capital
Turkey Threatens to Block Finland and Sweden NATO Membership
Musk Wants SEC to Evaluate Twitter User Numbers
Stellantis Retracts Unpopular Supplier Contract
Spirit Board Rejects JetBlue Takeover Offer on Anti-Trust Risk
Terra Execs Dissolved Korean HQ Days Before Collapse
How the Anchor Protocol Helped Sink Terra
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