On this week’s episode Tom, Jacob, Dan discuss what credit default swaps are and why they are so heavily watched (especially today), the tech market’s insane 2023 rally, the Fed’s decision, the bond market’s volatility, and Hindenburg Research’s latest attack on Block.
Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.
The Good
Was the Techcession in 2022 good for the Tech market in 2023, or is it fake?
The Bad
What are CDS and why are they heavily watched in the banking sector.
The Comical
Movies and TV depictions of destinations is a key factor in travel plans
The Headscratcher
Small banks hold nearly 70% of commercial real estate loans (axios.com)
A shock to lending standards - The Reformed Broker
What went on
The Fed raised rates
Bond market swings are the most volatile since '08 — just look at the ICE BofA MOVE Index (axios.com)
Google Launches Bard AI Chatbot to Counter ChatGPT - WSJ
Block: How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out Over $1 Billion – Hindenburg Research
Win of the week
Old economy companies
Time Machine
Remote work is starting to hit office rents (axios.com)
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