This week in the China Shop, improving consumer sentiment lifts equities into a strong close, while the Bank of England’s top economist says people need to accept that they are poor… In Stock News, MSFT signs a new licensing deal to fight back against the UK’s decision to block the ATVI merger, and Harley Davidson points to an unlikely culprit for their credit losses. Over in the Crypto Corner, new shitcoin Pepe helps one trader cash in big and for The Bet, Kyle is desperate to get some revenge against Random.
2 Bulls in a China Shop: 04/28/23
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Improving Consumer Sentiment Lifts Equities
BoE Says Accept Your Lot in Life?
Fed and State Spending Propping up GDP
AI to Increase Inequality Warns Economists
MSFT Signs 10y Deal with NWare
Apple Worker Sentenced for Fraud
Harley Davidson Points to Repo Shortage as Reason for Credit Losses
Crypto Trader Turns 1 ETH into $140K with Pepe
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Friends of the Show:
- 2 Bulls Podcast: NFP Shocks Economists, VW Brings Back the BusThis week a blowout NFP report shocks economists, VW brings back the bus and Elon Musk’s legal woes continue as accusations of insider trading get added to a lawsuit
- Bruce Scott: CPA, MBA, FCA and Author of 14 Steps to Financial FreedomBruce Scott, author of 14 Steps to Financial Freedom is in the shop this week to talk about how to Grow, Protect and Sow your wealth.
- 2 Bulls Podcast: The AI Craze and Sam Altman’s Eye FetishAs debt ceiling talks progress, Yellen caves to the pressure and extends the deadline by 4 days… Meanwhile, Sam Altman raises funds to start an iris database
- Back to the Futures w/ Vanta Trading: Ep. 5, Baba Yaga and DeltaBaba Yaga from Vanta Trading is back this week to help with the much requested BttF episode focusing specifically on Delta!
- 2 Bulls Podcast: Political Parties Unite while Musk Fights the ‘Good’ Fight…This week we look at some moves from Buffett, Musk’s misguided crusade against remote work and some scary situations revolving around China’s lending