Private Equity and Business Update 11-22-21 #1

In this episode Scott discusses:

1. The Nasdaq rose Friday while the S&P 500 and Dow fell.
2. Futures for each of the indexes point up this morning.
3. The 10 year treasury yield fell nearly 10 points between Thursday and Friday to open today near 1.536.
4. The House passed the $2 trillion bill for spending.
5. New Covid cases are averaging close to 100,000 a day and as expected the new surges are in places not hit as bad this summer.
6. Pension funds keep raising their private equity exposure.
7. Gas prices reached $6 dollars a gallon this week in CA for the first time.
8. The WSJ reports “Global Supply Gridlock Starts to Ease”.
9. Consumer confidence plummets even though corporate results are high.

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