Private Equity and Business Update 10-26-21 #1

In this episode Scott discusses:

1. Stock futures point up this morning and have recovered from September losses.
2. Tesla reaches $1 trillion in market cap on the heels of Hertz ordering 100,000 cars from Tesla.
3. Facebook records revenues of $29 billion and $9.19 billion in profits.
4. The ten year treasury yield opens at close to 1.635 today.
5. Private equity dividend recaps hit a record this year at $58 billion plus.
6. The Blackstone head of hedge funds John McCormick is leaving, and this will leave Joe Dowling as the sole head of the group.

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