Disney's In Trouble - How Did It Get Here? Disney is in a precarious position. A company once known for making magical experiences is now facing stiff headwinds at many fronts. Despite having a multi-billion dollar market cap, Disney surprisingly only has around $200 million (page 5) in liquidity based on its latest balance sheets. It begs the question, what the hell happened? https://archive.ph/CzzBS The answer is rather multi-faceted and if I were to explain in fine…
The Other BlackRock Story You Need to Know By the time you're reading this, you are likely already aware of BlackRock (along with other major investment firms like Fidelity) making a play for crypto. Recently, the firm filed an application for a Bitcoin spot ETF license. The timing is rather curious when the SEC is aggressively going after major exchanges like Binance and Coinbase. Back in February, I hypothesized that the reason the SEC was going after the exchanges and…
Certain Nuances of Inflation Commonly Overlooked After Joe Biden took over the White House, the inflation rate shot up at an alarming rate. Inflation was relatively quiescent in January and February 2021 at 1.4% and 1.7%, respectively. However, by March 2021, people grew concerned as the rate hit 2.6%. Then, it hit 4.2%, 5%, and 5.4% in the next 3 months. Eventually, the inflation rate hit a peak of 9.1% in June 2022. Since then, it has steadily declined to a 4% rate in May…
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