Morning News: July 4, 2023
Italy Has Frozen Russian Oligarchs’ Assets Worth $2.5 Billion
Spain May Be Moving Too Fast in Its Green Energy Push
China Takes the Trade Fight to Europe, Targeting the Green Transition
Yellen’s China Visit Aims to Ease Tensions Amid Deep Divisions
U.S. Looks to Restrict China’s Access to Cloud Computing to Protect Advanced Technology
Mackenzie Equity Chief Says It’s Time to Buy Bonds After Tech-Fueled Rally
Credit Suisse Wealth Staff Told to Prep for Management Roles
The Surprising Striver in the World’s Space Business
A Flying Car Prototype Just Got an Airworthiness Certificate from the FAA
Samsung’s A.I. Moment Is Here, but Is It Ready?
Tesla’s June Shipments in China Soar as Global Sales Hit Record
Twitter to Make TweetDeck Available Only to Paid, Verified Users
Instagram Launch of Twitter Rival ‘Threads’ Expected on Thursday
Meta Loses Appeal on How It Harvests Data in Germany
Billionaire Winklevoss Outlines ‘Final Offer’ in Genesis Crypto Bankruptcy
Crispin Odey’s Hedge Fund Empire Is Disintegrating Bit by Bit
SPAC Tied to Trump’s Media Business Says It Has a Deal With Regulators
Migrant Workers Flee Florida as New Immigration Law Takes Effect
Remote Work Sticks for All Kinds of Jobs
Spider-Man’s Pavitr Prabhakar, Based on Peter Parker, Drives India Wild
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Posted by Eddy Elfenbein on July 4th, 2023 at 7:15 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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I just saw a video on TikTok which said we have nothing to worry about with China. It said the CCP is terrific!
The Fed is regulatory, governmental etc. So it's a little different. But it's incredible to see years and years of effort to turn large corporations into vehicles for progressive priorities collapse so rapidly. Not clear that there's much to show for it.
"Two thirds of Berkshire’s market cap has been added in the past ten years."
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 
