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Even us dummies knew this would happen: https://www.wsj.com/articles/the-spac-ship-is-sinking-investors-want-their-money-back-11642761012?st=ejaplfbp01t82fv&reflink=article_email_share There is talk this morning on crypto being slammed overnight but most coins are already way down with some turned to dust. Technically, the 2 biggies BITCOIN and ETHEREUM topped on Nov 16, 2021. Our canned line has been for a long time…”when all is said and…

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…