Sonali Basak

RT @BloombergTV: Robinhood rival EToro Group raised nearly $620 million in its IPO. Meanwhile, Ryan Reynolds's MNTN is considering launch…

COMING UP: @brian_armstrong on Bloomberg Television. S&P 500 inclusion, White House's crypto approach, and then some. Tune in, send questions.

RT @business: "Perhaps holding cash would have been the best way to navigate this." As markets soared on a truce in the trade war between…

With Coinbase getting S&P 500 inclusion -- CEO Brian Armstrong makes the point that crypto will soon be in your 401(k) Crypto is going to be in your 401(k) before private equity has the chance to be, despite all the lobbying for that to be the case

RT @brian_armstrong: Two other thoughts: 1. Crypto is about to be in everyone's 401k 2. My goal is that in 5-10 years, getting into COIN50…

RT @KevRGordon: The 2y Treasury yield: “no cuts for you” https://t.co/A4UOct1To8

RT @emilychangtv: Season 3 of The Circuit is coming! Kicking off with a premiere at Stargate in Abilene, TX. Coming up: @sama, @billgates,…

Bankruptcies on the rise. S&P Global: "Year-to-date US corporate bankruptcies remained at a historically elevated level in April, with filings through the first four months of the year at their highest since 2010."

*TRUMP: EU IS `IN MANY WAYS, NASTIER THAN CHINA'

RT @AnnaEconomist: Why 90-day us-china tariffs rachet down? To save Christmas. This “seize fure” just covers the peak holiday shipping peri…

“They were wrong to make this call prematurely” Marathon’s Bruce Richards says of economists pinning recession calls in the midst of tariff negotiations.

Bruce Richards @Bruce_Markets

Reversal Of Everything: - Equities ripping, nearly unchanged y-t-d, markets were offsides (long) coming into the year, bearish at the lows, consensus came into the weekend short (offsides again). Cover shorts. - UST rates higher across the board, led by the front-end rates. No

"Victory to me looks like the three legged stool" The Treasury Secretary says that by the end of the year, the tax bill will be tied up and and trade deals will have seen progress. Notably, he says, the third leg of deregulation is "perhaps the most important" and would kick

*BESSENT SAYS IT IS `IMPLAUSIBLE' CHINA TARIFFS GO BELOW 10% Detail: When @lisaabramowicz1 asked if the tariffs would go higher than the described floor, he said, "I'm not saying that they're going to go up, but, it would be implausible that they would go below 10%"

Signum Global: "Although we did expect a rally to ensue from the announcement when it eventually came, we are not certain the market currently appreciates that US tariffs on China will remain at c. 55% (c. 25% from pre- January 20 + 20% from fentanyl + 10% from universal

RT @KathyJones: It’s all perspective and starting points. If you started at 30% tariffs on Chinese goods it would have been seen as negativ…