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Private Equity & Business Update 7-15-22

In this episode Scott Discusses:

  1. The markets ended up relatively flat yesterday.
  2. Futures point mildly up today.
  3. China posts slowest growth in years.
  4. Fintech giant Stripe cuts its valuation by 28%. Ie from $95 billion to $74 billion.
  5. Home buyers are cancelling purchase agreements at the highest rate in a few years.
  6. Bank of America slashes stock market forecast, calls for mild recession this year.
  7. JP Morgan suspends stock buybacks.
  8. Oil has dropped to $96 a barrel.

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