- Short Squeez
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- Page 87
🍋 $50 Million Fat Finger
Lululemon crushed Q1 earnings and raised 2022 guidance. Pandemic postponed weddings are hit by an inflation pandemic, costing guests as much as $20k. Tougher economic times might be here to stay according to Goldman President John Waldron: "This is among -- if not the most -- complex, dynamic environments I’ve ever seen in my career.” Some good news though, is that White House interns are being paid for the first time in recent history.
🍋 Musk Goes Full Karen
Sheryl Sandberg is gone, and "There's a storm comin' Harry"- Jamie Dimon. Elon Musk is going full Karen and asking all employees to spend a minimum of 40 hours per week in the office. Johnny Depp won his defamation case against his ex-wife, Amber Heard and the jury awarded him $15 million in damages. (while the nation lost $150 billion in productivity).
🍋 Jonas Bros Want to Text You
Taco Bell is running out of of Mexican Pizzas (supply chain issues duh). Janet Yellen admitted she was wrong on inflation. No companies or SPACs went public on US exchanges last week, the first week like this in over two years. Jonas Brothers are launching a new subscription media company called Scriber.
🍋 Magic In The Hamptons Is Over
US gas hit a record high. WeWork has its 3rd CFO in less than year. President Biden and Fed Chair Powell are scheduled to meet today to discuss the Fed's campaign against inflation and the risk of a recession. Hamptons rental market is facing an unexpected chill as Americans head to Europe for summer travels.