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Primer Episode #14 - The Interest of the Fed, TikTok Talks, SPACs and Digitization

Primer

English - August 28, 2020 13:00 - 48 minutes - 33.4 MB
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Happy Friday Everyone! We start this podcast talking about the fed chairman, Powell, and his decision to approach inflation that could keep rates lower for longer. The shift on the inflation goal is seeking to keep interest rates lower for the foreseeable future. Bonds don't look attractive. We also talk about Tik Tok. The acquisition talks between so many different companies over the course of the past 30 days. The real companies that seem to be talking are Oracle trying to purchase Tik Tok are Walmart, Microsoft and Oracle. There were talks of Google going in and speaking with Tiktok with Soft Bank’s help. Even recently the CEO of the company Kevin Mayer had left the business due to political issues and the trump administration planning on banning the company in the U.S> unless a Technology company purchases it. Supposedly we should hear back in 48 hours regarding the deal. We also talked about SPACSs being used as a very attractive financial instrument. People like Bill Akman are cashing in on the opportunity to raise funds with their experience of being in a mergers and acquisitions field, private equity, or other operation expertise to run a business after it gets acquired. We also talked about 3d printing and the digitization of employees. 


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