Month: April 2022

TIL Elon Musk made nearly $6 billion dollars in donations after the UN challenged him to use “2% of his wealth to end world hunger”

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by squaremild It’s weird — I remember a lot about the UN World Food Program challenge and his response: “Show me a plan of action for the $6 billion and I will sell the Tesla stock necessary today.” Well the UN didn’t come through but Elon did it anyway. It’s unclear, however, where Musk will … Read more

Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit.

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Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit. https://t.co/4cVbeIJFhj pic.twitter.com/EpUIJG7CU8 — Lawrence McDonald (@Convertbond) April 30, 2022 How #hedgefunds are positioned in futures. $TNX $TYX $SPX $RUT $NDX $VIX $GLD $EUR $USD $WTI https://t.co/I27AmvElG2 pic.twitter.com/XFMnM50G6J — … Read more

Kremlin accuses US of ‘expropriation’

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White House plan to ‘streamline’ seizure of Russian private assets goes against all legal norms, Moscow believes Washington’s plan to expand its authority to “seize and forfeit” the assets of so-called Russian “oligarchs” to provide financial aid to Kiev is nothing but “expropriation” that tramples on the very right to private property, Kremlin spokesman Dmitry … Read more