This week on Prof G Markets, Scott reads the tea leaves of the latest inflation and interest data, takes the market’s temperature on the latest twist to the Elon Musk-Twitter saga, and looks into the future of the SPAC.
Inflation, Interest Rates, and Bond Yields
US inflation rises 9.1% in June, more than expected, as prices keep climbing)
US weekly jobless claims hit 8-month high; labor market still tight | Reuters)
US Treasury Curve Inversion Deepens to Level Last Seen in 2007 - Bloomberg)
Twitter
Twitter vs. Comparables)
AckSPAC
Bill Ackman to wind up SPAC, return $4 billion to investors)
SPAC activity slows to lowest level since 2020)
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