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11 stories we are following today.
1. The markets came close to reaching all time highs yesterday as China US talks seemingly showed progress.
2. The markets point down today on concerns that CPI is moving in the wrong directions and the Fed will be holding its ground on rate cuts.
For a great piece on the Federal Debt and the issues that Fed Chairman Powell has some control over and some that he doesn't, see https://lnkd.in/gZUb5Dx6.
Powell controls the Fed Funds rate. He doesn't control the interest rate the US has to pay to buyers of US bonds. This is driven by market dynamics and risk assessments and bond ratings. Ie, when the US bond rating falls and it expands its deficits, the interest rates the US needs to pay borrowers tend to go up.
3. The IPO markets are reopening. Circle went public and has skyrocketed early on. The IPO markets opening is generally a good sign for the PE deal markets.
See https://lnkd.in/gmdqbhRA.
4. Musk says he went too far in some Trump texts. I believe that the world's most incredible inventor and thinker at scale of our generation is somewhat manic and is going to have days like that. I worked closely with a consultant back in the day who has that type of brilliant insanity. It likely comes with days like this.
https://lnkd.in/gGZ8V3js
6. Intel jumps nearly 8% as its new CEO keeps focusing the company back to chip dominance or at least serious improvement.
https://lnkd.in/g2EJ2f5N
There is a great lesson here for the company in really trying to understand it's absolutely top priority. Gary Keller author of "The One Thing -- The Surprisingly Simple Truth Behind Extraordinary Results" has a great book on this issue focusing on your most important thing.
7. Webinar -- Lessons From A Career of Wins and Losses. This webinar is based on a second book in a series that we are working on. June 17th. The book is a labor of love. Please join us no charge.
https://lnkd.in/gX68PB3s.
8. Hospital Stocks Tanked Early Monday. Budget Bill Has Wall Street on Edge. Barrons. For example, Tenet Healthcare which remains up 24% YTD dropped nearly 6% yesterday.
Also see https://lnkd.in/gxhzh_gR
9. Stellantis, Abercrombie & Fitch Co. and Trump Media & Technology Group remain among the top 52 week stock losers. Each down 50 to 60%.
10. Becker's Healthcare's
13th Annual
CEO + CFO Roundtable
November 3 - 6, 2025 // Hilton Chicago. This is our limited size event that is the most desired event each year. Jessica Cole and Allison Warner and Haley Jones for more information.
11. A business and a performance book that we recommend. Zero to One by Peter Thiel and Organize Tomorrow Today from Dr. Jason Selk.
Ps. Melissa Szabad is an incredible leader we have had the great privilege to work with throughout her professional career. She now serves as General Counsel at outstanding firm Regent Surgical.
PPS. We just finished a new media kit for Becker PE and Becker Business with podcast, webinar and newsletter options. Let us know if you would like to view that.
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