Month: January 2022

CHINA lowered rates. There will be more. Unfortunately, this is the modus operandi of just about all countries. Try and stanch the bleeding instead of just letting the markets do their thing. Chinese ADRs and ETFs making a higher low off this news. Need to see if this sticks as we need some better themes….

So MSFT buying ATVI for $95 in cash. So why is ATVI $82 and change? Anti-trust….the worry that the feds come in and say no. We think odds favor deal gets done but that is just a guess and we have no idea how long it takes. Also…wonder whether a SONY comes in and raises…