Market Muffins

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An investment telegram channel that provides: Bite-sized market information and news Insightful investment strategies and market analyses A light-hearted environment for readers to learn in Baked on: 14 April 2020

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What’s baking: 19 May 2023

3 Key Things to Note

🧁Disney Scraps Plans for $900 Million Florida Campus: Walt Disney Co. has canceled two major investments in Florida, including reversing course on a potential $900 million office park, amid a high-profile dispute with state lawmakers and Gov. Ron DeSantis.

🧁Home Prices Posted Largest Annual Drop in More Than 11 Years in April: U.S. existing home sales, which make up most of the housing market, fell 3.4% in April from the prior month to a seasonally adjusted annual rate of 4.28 million. April sales fell 23.2% from a year earlier.

🧁S&P 500 Clos

What’s baking: 15 May 2023

3 Key Things to Note

🧁Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion: Newmont, which is based in Colorado and is the world’s top gold producer, will acquire mines in low-risk regions such as Australia and Canada by combining with Newcrest, while boosting its exposure to copper, an industrial metal expected to be in high demand as the world decarbonizes.

🧁Plunging Tax Revenue Accelerates Debt-Ceiling Deadline: Wall Street and Washington got jolted this month by government warnings that the U.S. could become unable to pay all its bills as soon as J

What’s baking: 11 May 2023

3 Key Things to Note

🧁Robinhood to Launch 24-Hour Trading on Weekdays in Stocks and ETFs: Robinhood said Wednesday that it will offer 24-hour trading of selected stocks and exchange-traded funds, five days a week. The move is part of a growing push in parts of the financial industry to expand trading beyond traditional Wall Street operating hours.

🧁Big Buyout Funds Stall as Pensions Hold Back: The fundraising struggles come as some institutional investors find themselves overallocated to private-equity markets after large commitments in recent years and they look

What’s baking: 28 April 2023

3 Key Things to Note

🧁Japan’s new central bank governor sticks to negative interest rates: The decision was in line with economist expectations for no changes to the benchmark interest rate, which has been held at -0.1% since the central bank took rates below zero in 2016.

🧁U.S. GDP rose at a 1.1% pace in the first quarter: Gross domestic product rose at a 1.1% annualized pace in the first quarter, below the 2% estimate. Inflation was higher than expected in the quarter, with the PCE price index rising 4.2% against the 3.7% estimate.

🧁Meta shares pop 14%, reach

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