Special Situations 🌐 Research Newsletter (Jay)
High Yield Spread Update:
HY 8.56% (529bp OAS)
BBs 6.81%
Bs 9.27%
CCCs 13.61%
BBBs 5.01% (187bp OAS)
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Special Situations 🌐 Research Newsletter (Jay)
After week marked by a fresh crisis in Rome, MLIV readers warn Italian debt risks hitting danger zone once more, just as near-imminent recession intensifies plunge in the euro to levels not seen in 20 years.

Just 16% of 792 in latest Pulse survey say EU will not have recession
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Special Situations 🌐 Research Newsletter (Jay)
More households in Britain are canceling video streaming subscriptions due to the rising cost of living.

1.66 million services were canned in 2Q22 (Kantar)

Under-24s were most likely age group to cancel due to cutting costs, w/ people budgeting for energy bills. $NFLX $DIS
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Special Situations 🌐 Research Newsletter (Jay)
BREAKING: *GAZPROM DECLARED FORCE MAJEURE TO ONE EUROPEAN CUSTOMER: RTRS
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Ethan Mollick
Sadly, "fun" icebreakers work:
▶️If everyone shares a favorite TikTok or short video on Zoom, it builds trust
🎶Singing improves group cohesion
😱Telling an embarrassing story improves group creativity
👾 Playing a video games for 45 minutes raised future team performance by 20% https://t.co/TBgxjhhgbO
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Morning Brew ☕️
Another day, another dollar.... https://t.co/fAdghyELTF
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Bread Crumbs Research
$FRC: Business Activities Not Undertaken https://t.co/AKAMzyxg5Z
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Special Situations 🌐 Research Newsletter (Jay)
Google $GOOG will open around $113/share after the 20-for-1 stock split on Friday...expect to see some naïve 95% off e-mails this AM!
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Alex Brogan
What's the most useful website you've used on the internet?
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Meb Faber
Investing quote of the day: https://t.co/PDL1tWdxMz
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Mostly Borrowed Ideas
Great piece on music industry by @scuttleblurb

Paywall: https://t.co/D8VortCEvu https://t.co/5uh5K18ZQE
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