This week in the China Shop, Dan voices concerns about the impact of school loan payments restarting in October, and both are shocked to find out China is hiding $3 Trillion in foreign currency reserves. In Stock News, Overstock gets a screaming deal on BBBY’s assets, Lordstown Motors files for bankruptcy and flying taxis get one step close to reality. Over in the Crypto Corner, Coinbase’s legal argument sounds like a 5-year-old wrote it and the SEC calls all spot BTC ETF applications “inadequate”. It’s the end of the month, and the chances for the Bulls to finally get a win take a hit when someone picked the wrong crypto…

2 Bulls in a China Shop: 06/30/23

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Inflation in Europe Slows
Market Gains Concentrated in 7 Stocks
School Loan Payments Due in October
China is Hiding $3 Trillion of Foreign Currency Reserves
Overstock Buys BBBY Assets
Joby Stock Soars After Receiving Permits for Flight Tests
Lordstown Motors Files for Bankruptcy
Social Media App Shuts Down, Admits 95% of Users are Bots
COIN says SEC Lacks Authority to Bring Lawsuit
SEC Calls Blackrock, Fidelity BTC ETF Applications ‘Inadequate’

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