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Frederik Gieschen
Jim Simons wasn't the first one to build a campus of researchers and traders to try and beat the market.

In the 1970s, Helmut Weymar founded Commodities Corporation, a “trading university” which spun out, seeded, or influenced many traders like Bruce Kovner and Paul Tudor Jones. https://t.co/X7cxZnpdHR
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Dalius - Special Situation Investments
$VG merger approved by the CFIUS.

+14% merger arb gains in 2 months.

This is what we said to SSI subscribers:
- Ericsson's CEO is optimistic and reiterated the expected merger closing in H1 2022/
- Till the recent general market sell-off, the spread used to be around 5% only.
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Morning Brew ☕️
pretending to take notes in the meeting https://t.co/E5AYbbDXGh
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Special Situations 🌐 Newsletter (Jay Singh III)
RT @DLineMinutes: 3/4s of the advance last month was due to goods, especially energy.

Prices of goods climbed 2.4% in June, the most in three months.

Prices of goods rose a record 17.9% YoY.

Services prices gained 0.4% or 7.7% YoY, after a bigger 0.6% gain in May.

#inflation #rates #growth https://t.co/OXrGD3QwEy
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Special Situations 🌐 Newsletter (Jay Singh III)
RT @eliant_capital: Translation: Demand is slowing. $TSLA https://t.co/ZnfScmPXC4
ELON MUSK SAYS "IF INFLATION CALMS DOWN, WE CAN LOWER PRICES FOR CARS" - TWEET
$TSLA
- *Walter Bloomberg
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Special Situations 🌐 Newsletter (Jay Singh III)
*UK TO OFFER COVID BOOSTER TO EVERYONE 50 AND OVER AS CASES RISE $PFE $NVAX $MRNA $JNJ
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Special Situations 🌐 Newsletter (Jay Singh III)
From $C Citi earnings call. FICC trading beat, exiting Russia, grew mkt share Corp Cred Cards

More important: The CET1 ratio of 11.9% is 50 basis points above 1Q and above the reg requirement of 10.5%. Mason said Citi expects to build to a CET1 target of around 13% by mid-2023.
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Special Situations 🌐 Newsletter (Jay Singh III)
Nice earnings from $C, but never forget that just a couple years ago, Citigroup accidentally sent a whopping $900 million to creditors of the cosmetics giant $REV Revlon (now bankrupt) when it was supposed to just be making a small interest payment.
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Special Situations 🌐 Newsletter (Jay Singh III)
Next Atlanta Fed GDPNow update on Tuesday, July 19th:

US GDP estimate for 2Q22, now -1.5%, thx @Ryancerfus https://t.co/vmT3oI6FSw
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Special Situations 🌐 Newsletter (Jay Singh III)
Blue Apron $APRN burning almost all its cash according to sell side estimates --> $52.8mn according to consensus. Will it need to raise equity? https://t.co/gZU7NtzgZy
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Morning Brew ☕️
Even with inflation rates on the rise, U.S. shoppers boosted retail spending in June by 1%. https://t.co/22Ol72Jk2K
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Special Situations 🌐 Newsletter (Jay Singh III)
$ASTS also looks like will burn more than all its cash based on consensus through 2023. Team hasn't spent enough time on it yet https://t.co/UmBm30FHvL
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Special Situations 🌐 Newsletter (Jay Singh III)
$DIS Disney chose violence after lunch today:
*ESPN+ STREAMING MONTHLY PRICE WILL RISE 43%, DISNEY SAYS
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