This week’s in the China Shop the guys discuss the latest FOMC decision, as well as Yellen’s verbal missteps during the past week’s banking troubles. In Stock News, ATVI gets a boost on new developments in MSFTs acquisition bid and TikTok CEO doesn’t impress in his congressional hearing. Over in the Crypto Corner, Coinbase’s CTO makes a $2m bet on BTC hitting $1M in 90 days while the SEC plans a lawsuit against his company. In The Bet, the Kyle looks for a homerun after realizing the actual terms of Joel’s bet…
2 Bulls in a China Shop: 03/24/23
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Links:
FOMC Statement
Bullard Sees More Rate Hikes as Bank Stress Abates
Yellen Chairs Closed FSOC Meeting
Gerbil Banking Preceded the Great Depression and It’s Happening Again?
MSFT/ATVI Merger gets Good News
IPO May be TikTok’s Only Chance to Avoid US Ban
First Republic Shares Continue to Plummet
Coinbase CTO Makes “Bold” Crypto Bet
SEC Plans Lawsuit Against Coinbase
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