EPISODE · May 5, 2022 · 25 MIN
Ep. 14: EV firm Atlis plans IPO, potential "public benefit" structure for Twitter, Trade and Budget deficit, Fed lifts rates by half-point balance sheet reduction to start in June
from Stock Market Observation · host Jacob Lee
EV firm Atlis plans to have an upcoming IPO sometime this summer. The EV truck maker believes that they can match the towing and payload capabilities of diesel-powered vehicles. A reformer from Shareholder Commons believes that Twitter should have a "public benefit" structure. This would allow not only shareholders to benefit from the platform but also stakeholders as well. There was a trade deficit reported in March while at the same time, Biden is touting that he will reduce the budget by 1.5 trillion dollars. Even though it has nothing to do with any of the policies that he has enacted. Finally, the Federal Reserve has raised interest rates by a half-point and there are talks that they will start reducing the balance sheet at the start of June.
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Ep. 14: EV firm Atlis plans IPO, potential "public benefit" structure for Twitter, Trade and Budget deficit, Fed lifts rates by half-point balance sheet reduction to start in June
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