03-04-2023: Sony Doth Protest Too Much...

Band of Traders - Together We Trade

English - March 05, 2023 01:09 - 1 hour - 63.3 MB - ★★★★★ - 28 ratings
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Previous Episode: 03-02-2023: CRM Smashes Earnings

Next Episode: Round Table, Square Traders: Ft. Retail Capital

This week in the China Shop, Joel fills in for Dan as he and Kyle dig into a bunch of news articles predicting a recession. In Stock News, Sony is forced to turn over 4 years worth of details of their exclusivity deals to MSFT after trying to stop the merger with ATVI, and Ford is developing the tech to allow vehicles to repossess themselves. Over in the Crypto Corner, Binance's troubles look to be growing after a report from Forbes shows similarities to the events that led to FTX's collapse. In The Bet, Joel learns the hard way how unforgiving Random can be...

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Links:

Fed Stresses Ongoing Rate Hikes in Report to Congress

Fed Has No Choice but to Push the US into a Hard Landing

Charles Schwab Sentiment Survey

Mark Mobius Warns of Investing in China

Sony Ordered to Reveal Trade Secrets to MSFT

Future Fords Could Repossess Themselves

Major Retailers Go Head-to-Head in Labor "Hoarding"

Binance Report from Forbes Shows Similarities to FTX

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