⁠Quiver Quantitative
We've already reported on some congressional stock purchases before the announcement of the tariff pause.

@AOC seems to be suggesting that there may be more: https://t.co/yNjJq2hP3u
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⁠Finding Compounders
Great piece by Charlie Munger

The Art of Soft Picking https://t.co/SBPJa1gSyh
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⁠The Kobeissi Letter
BREAKING: The European Union Commission is putting its “countermeasures” against U.S. tariffs on hold for 90 days.
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⁠The Kobeissi Letter
BREAKING: US stock market futures extend declines with the S&P 500 now down -100 points. https://t.co/eG01CX8SY0
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⁠The Kobeissi Letter
BREAKING: Gold extends gains to +$150 in 24 hours as the flight to safety continues. https://t.co/kJMQw30LkM
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⁠Hidden Value Gems
It has happened 👇🏼

Prada Strikes $1.4 Billion Deal for Versace https://t.co/jqUv3xlzN4

Not bad for $CPRI if the deal goes through.

Prada close to offer €1.5B for Versace (20% of Capri's Sales and negative contribution to earnings). Versace has been loss-making for the past 3 quarters. Should be highly accretive for $CPRI.

Capri bought Versace for €1.85B in 2018, its recent asking price was €3B.

“Everyone is looking” at Versace - Miuccia Prada. - Hidden Value Gems
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⁠The Kobeissi Letter
BREAKING: March CPI inflation FALLS to 2.4%, below expectations of 2.5%.

Core CPI inflation FALLS to 2.8%, below expectations of 3.0%.

This marks the 2nd straight monthly decline in Headline and Core CPI inflation.

Inflation has cooled down despite the trade war.
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⁠The Kobeissi Letter
BREAKING: Core CPI Inflation in the US just fell below 3.0% for the first time since March 2021 🇺🇸 https://t.co/cQbrxGy1cp
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