{"id":5571,"date":"2022-08-23T11:00:00","date_gmt":"2022-08-23T11:00:00","guid":{"rendered":"https:\/\/moneymade.wpenginepowered.com\/?p=5571"},"modified":"2025-06-03T17:34:20","modified_gmt":"2025-06-03T17:34:20","slug":"markets-report-08-23-22","status":"publish","type":"post","link":"https:\/\/moneymade.io\/learn\/articles\/markets-report-08-23-22\/","title":{"rendered":"Aug. 23 Markets Report: A Dumptruck Named Recession"},"content":{"rendered":"\n<p><strong><em>Biden signs Inflation bill, Adam Neuman gets a second chance, and U.S. bankers are caught using WhatApp (an apparent nono).<\/em><\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:80%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main-1024x683.png\" alt=\"Markets Report logo\" class=\"wp-image-4116\" srcset=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main-1024x683.png 1024w, https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main-300x200.png 300w, https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main-768x512.png 768w, https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main-386x257.png 386w, https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main-255x170.png 255w, https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2022\/07\/Markets_Report_Main.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 id='macro' class=\"wp-block-heading\" id=\"h-macro\">Macro<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/1_c3d9705bda.png\" alt=\"Macro graphic\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-macro-scoops-otd\">Macro Scoops OTD<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/apnews.com\/article\/russia-ukraine-inflation-covid-health-2f23aa3df0f2f6916ad458785dd52c59\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Energy and food shortages and rising prices stemming<\/a> from Russia&#8217;s war against Ukraine have globally <a href=\"https:\/\/apnews.com\/article\/russia-ukraine-inflation-africa-poverty-8054cd00098cb475b9dc9679086f7bdb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">thrown 71 million people into poverty<\/a>, according to the U.N. Development Program.\n<ul class=\"wp-block-list\">\n<li>The Kremlin blames Ukrainian spies for a c<a href=\"https:\/\/apnews.com\/article\/russia-ukraine-estonia-bombings-government-and-politics-a627f80e7a96c3b19e40e8ee95ce55fd\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ar bomb that killed Daria Dugina<\/a>, the daughter of Russian political ideologue and close Putin confidant Alexander Dugin.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a href=\"https:\/\/www.reuters.com\/markets\/europe\/china-cuts-lending-benchmarks-arrest-economic-slowdown-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">China unexpectedly lowered key interest rates<\/a> for the second time in a week. This surprise move is likely a desperate attempt to stimulate the country&#8217;s stagnant economy and failing property market.\n<ul class=\"wp-block-list\">\n<li>Unemployment among China&#8217;s urban youth has reached a new record\u201419.9% among those aged 16 to 24.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Citi Bank warns that surging energy costs in the <a href=\"https:\/\/www.theguardian.com\/business\/live\/2022\/aug\/22\/cineworld-us-bankruptcy-felixstowe-strike-gas-prices-recession-stock-markets-business-live\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">UK may drive CPI inflation to 18.6%<\/a> in Great Britain by January 2023.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/2_1b17357e07.png\" alt=\"Economic graphic\"\/><figcaption class=\"wp-element-caption\">Source: theguardian.com<\/figcaption><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n<\/div>\n\n\n\n<p><strong>US economics<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Interest Rates: 2.50%<\/li>\n\n\n\n<li>Unemployment Rate: 3.5%<\/li>\n\n\n\n<li>GDP YoY: -0.9%<\/li>\n\n\n\n<li>CPI YoY: 8.5%<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-biden-s-big-bill\">Biden&#8217;s Big Bill<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Biden signed Democrats&#8217; massive <a href=\"https:\/\/apnews.com\/article\/biden-signs-climate-health-bill-9a7f349fa7b07387d20ad603f2ff4875\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">climate change and health care bill<\/a> into law last Tuesday. The law:\n<ul class=\"wp-block-list\">\n<li>Imposes a <a href=\"https:\/\/apnews.com\/article\/biden-elizabeth-warren-bernie-sanders-congress-5e5ea68a4b5c1f4f263f5516bcdf8f77\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">1% excise tax on companies&#8217; purchases of their own shares<\/a>. Taxes on stock buybacks could rake in $1 trillion this year.<\/li>\n\n\n\n<li>Pours about <a href=\"https:\/\/www.washingtonpost.com\/us-policy\/2022\/07\/28\/manchin-schumer-climate-deal\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$385 billion into fighting climate change<\/a>. It will encourage clean energy production and incentivize the reduction of carbon emissions.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.npr.org\/2022\/08\/22\/1118052620\/tax-credit-electric-cars-vehicles-tesla-gm-inflation-reduction-act-climate\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Introduces a tax credit for electric car purchases<\/a>. Only people up to a certain income are eligible.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-21\/powell-has-chance-to-reset-market-expectations-at-jackson-hole\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Fed Chairman Jerome Powell will speak on the central bank&#8217;s economic outlook<\/a> at their annual Jackson Hole retreat this week. Wall Street will have its eyes and ears on his speech this Friday.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.reuters.com\/business\/finance\/big-banks-expected-rack-up-more-than-1-bln-fines-whatsapp-use-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Financial regulators are seeking over $1 billion in fines<\/a> from major banks like Bank of America, Morgan Stanley, JP Morgan Chase, Goldman Sachs, Barclays PLC, and others for employees&#8217; alleged use of personal messaging apps like WhatsApp as well as email.<\/li>\n<\/ul>\n\n\n\n<h2 id='stocks-bonds' class=\"wp-block-heading\" id=\"h-stocks-amp-bonds\">Stocks &amp; Bonds<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/image_1ccc150173.png\" alt=\"Bond graphic\"\/><figcaption class=\"wp-element-caption\">Source: https:\/\/moneymade.io\/asset\/bond<\/figcaption><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n<\/div>\n\n\n\n<p><strong>Bond yields<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>US3M: 2.7116%<\/li>\n\n\n\n<li>US2Y: 3.3056%<\/li>\n\n\n\n<li>US10Y: 2.998%<\/li>\n\n\n\n<li>US30Y: 3.244%<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-make-bonds-great-again\">Make Bonds Great Again<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>An analysis by Morgan Stanley Chief Cross-Asset Strategist Andrew Sheets <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-22\/bears-circle-stocks-as-faster-fed-bond-runoff-threatens-rebound\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">found that holding cash is more attractive than stocks<\/a>. Accelerated quantitative tightening\u2014reduction in the Fed&#8217;s balance sheet\u2014will deteriorate the appeal of riskier assets in favor of treasury bonds.<\/li>\n\n\n\n<li>Refinitiv reported that $4.1 billion in junk bonds were sold in the U.S. this past week, marking the highest issuance level since early June. S&amp;P Global Rating expects 3.5% of junk bond issuers to default on their debt in the next 12 months, and ICE Data Services found that 6% of junk bonds\u2014roughly worth $90 billion\u2014are in distress (defined as yielding at least ten percentage points more than treasuries).<\/li>\n\n\n\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/08\/22\/stocks-making-the-biggest-moves-midday-amc-signify-health-netflix-and-more.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Prices for meme stocks fell across<\/a> the board on Monday:\n<ul class=\"wp-block-list\">\n<li>AMC dropped 38% after offering new APE preferred share class<\/li>\n\n\n\n<li>BBBY dropped over 12% after it was reported that the company&#8217;s suppliers stopped shipments due to outstanding bills. The dumping of shares by investor Ryan Cohen also contributed to the decline.<\/li>\n\n\n\n<li><a href=\"https:\/\/cointelegraph.com\/news\/gamestop-nft-daily-fee-revenue-plunges-under-4k-as-gloom-infects-markets\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">GameStop shares dipped 4.3%<\/a> as revenue from their NFT marketplace took a plunge.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a href=\"https:\/\/www.theguardian.com\/business\/2022\/aug\/22\/ford-to-appeal-17bn-verdict-against-it-in-georgia-truck-crash-case\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ford promised to appeal a $1.7 billion class-action verdict<\/a> that connects the automaker to a pickup truck crash that killed a couple in Georgia, USA. CEO Jim Farley said that Ford &#8220;continue[s] to be hampered by recalls and consumer-satisfaction actions&#8221; in an earnings call last month.<\/li>\n<\/ul>\n\n\n\n<p><strong>Sector performance<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Energy: 3.03%<\/li>\n\n\n\n<li>Consumer Staples: 0.88%<\/li>\n\n\n\n<li>Telecom: -3.74%<\/li>\n\n\n\n<li>Real Estate: -2.40%<\/li>\n<\/ul>\n\n\n\n<p><strong>S&amp;P 500 winners &amp; losers<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Coterra Energy Inc: 6.28%<\/li>\n\n\n\n<li>Occidental Petroleum Corp: 4.99%<\/li>\n\n\n\n<li>Moderna Inc: -17.84%<\/li>\n\n\n\n<li>Match Group Inc: -13.31<\/li>\n<\/ul>\n\n\n\n<h2 id='real-estate' class=\"wp-block-heading\" id=\"h-real-estate\">Real Estate<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/4_51d94e0c00.png\" alt=\"Real estate graphic\"\/><figcaption class=\"wp-element-caption\">Source: moneymade.io\/assets\/real-estate<\/figcaption><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-the-housing-market-is-hurting\">The Housing Market is Hurting<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foxbusiness.com\/markets\/housing-market-records-sharpest-decline-sales-two-decades-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Home sales dropped 20.2% since last year<\/a> and 5.9% from June to July, marking the sixth consecutive month they fell. Meanwhile, the inventory of unsold houses rose to 1.31 million at the end of July.<\/li>\n\n\n\n<li>National Association of Home Builders Chief Economist Robert Dietz <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2022\/08\/15\/housing-market-recession-is-here-home-builders-slash-prices-as-buyers-cancel-contracts-mortgage-rates-rise\/?sh=b50e29d3ab56\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">declared a housing recession<\/a> as costs rise and home affordability declines due to supply chain issues and high federal interest rates.\n<ul class=\"wp-block-list\">\n<li>National Association of Realtors economist Lawrence Yun said that <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2022\/08\/20\/recession-watch-it-doesnt-seem-imminent-but-the-housing-market-collapse-deepens-as-fed-officials-warn-economy-will-slow\/?sh=7c0fab327d14\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">home sales and home building are in a recession<\/a>, but not home prices.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 id='crypto' class=\"wp-block-heading\" id=\"h-crypto\">Crypto<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-sbf-gets-the-bag\">SBF Gets the Bag<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bankrupt cryptocurrency brokerage <a href=\"https:\/\/www.coindesk.com\/policy\/2022\/08\/20\/voyager-customers-say-no-to-employee-retention-bonus-bid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Voyager Digital got heat from its creditors<\/a> after saying it&#8217;ll hand out $1.9 million in bonuses to retain 38 of its key employees.<\/li>\n\n\n\n<li>Leaked documents revealed that <a href=\"https:\/\/www.cnbc.com\/2022\/08\/20\/ftx-grew-revenue-1000percent-during-the-crypto-craze-leaked-financials.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FTX made $1.02 billion in 2021<\/a>. If true, this means that the revenue from Sam Bankman-Fried&#8217;s crypto exchange spiked 1,000% from $89 million at the year&#8217;s start.\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/08\/19\/crypto-firm-ftx-receives-cease-and-desist-from-fdic-about-insurance.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FTX.US got a cease-and-desist letter from the FDIC<\/a> for allegedly misleading consumers regarding whether their funds are federally insured.<\/li>\n\n\n\n<li>Binance CEO Chanpeng &#8220;CZ&#8221; Zhao allegedly subtweeted Bankman-Fried for trader&#8217;s orders getting stuck on FTX in a rare bout of online drama between crypto founders.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a href=\"https:\/\/www.coindesk.com\/business\/2022\/08\/22\/seven-s-korean-brokerages-plan-to-start-crypto-exchanges-next-year-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Seven South Korean financial brokerages<\/a> have begun seeking preliminary approval to launch virtual asset exchanges. This embrace of cryptocurrencies contrasts with the aftermath of the Terra Luna collapse, which a Korean firm had developed.<\/li>\n<\/ul>\n\n\n\n<h2 id='nfts-metaverse' class=\"wp-block-heading\" id=\"h-nfts-amp-metaverse\">NFTs &amp; Metaverse<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/nft_3433c6bd30.png\" alt=\"Metaverse graphic\"\/><figcaption class=\"wp-element-caption\">Source: moneymade.io\/assets\/metaverse<\/figcaption><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-from-metaverse-to-mainstream\">From Metaverse to Mainstream<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Asset management firm <a href=\"https:\/\/decrypt.co\/107955\/invesco-rolls-out-new-30-million-metaverse-fund\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Invesco launched a $30 million Metaverse Fund<\/a>. The fund will be actively managed to invest in seven key areas, including blockchains, hardware, operating systems, and artificial intelligence and will charge investors a 0.75% management fee.<\/li>\n\n\n\n<li>Decrypt reported that the <a href=\"https:\/\/decrypt.co\/107911\/cryptopunk-ethereum-nfts-floor-price-flips-bored-apes-for-first-time-in-5-months\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CryptoPunks floor price<\/a> briefly surpassed that of Bored Ape Yacht Club. They found that BYAC NFT prices hit an 8-month low over the weekend after falling 33%\u2014Punks&#8217; prices only dropped 24%.<\/li>\n<\/ul>\n\n\n\n<h2 id='commodities' class=\"wp-block-heading\" id=\"h-commodities\">Commodities<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/oil_1e3ed16be1.png\" alt=\"Commodities graphic\"\/><figcaption class=\"wp-element-caption\">Source: https:\/\/moneymade.io\/asset\/commodities<\/figcaption><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-gas-exports-hit-the-breaks\">Gas Exports Hit the Breaks<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Erdogan and Putin are getting cozier and cozier. <a href=\"https:\/\/www.reuters.com\/business\/energy\/turkey-doubles-russian-oil-imports-filling-eu-void-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Turkey doubled Russian oil imports this year<\/a> compared to last year, as per Refinitiv Eikon data, and remains one of the only countries not to sanction Russia in response to its military actions.<\/li>\n\n\n\n<li><a href=\"https:\/\/apnews.com\/article\/russia-ukraine-germany-government-and-politics-bc7bdf033d249f673275b537bf2d3d19\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Gas shortages may cripple German industries<\/a> like steelmaking and pharmaceuticals. If the war continues, Germans may have to ration their gas supply if stockpiles don&#8217;t last the winter.<\/li>\n<\/ul>\n\n\n\n<h2 id='startups' class=\"wp-block-heading\" id=\"h-startups\">Startups<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-second-chances\">Second Chances?<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Adam Neumann, the co-founder of famously failed office-sharing unicorn WeWork, got <a href=\"https:\/\/techcrunch.com\/2022\/08\/15\/a16z-andreessen-horowitz-backs-adam-neumann-wework-new-venture-flow-real-estate\/?utm_source=internal&amp;utm_medium=WPunit\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Andreessen Horowitz (a16z) to invest $350 million into Flow<\/a>, his new residential real estate startup, valuing it at over $1 billion.\n<ul class=\"wp-block-list\">\n<li>The firm also gave Neuman $70 million to start a web3 carbon credit platform called Flowcarbon. The connection between Nueman&#8217;s two companies remains unclear.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Fund-day Monday\u2014<a href=\"https:\/\/news.crunchbase.com\/venture\/biggest-funding-rounds-vc-startups-bill-gates-terrapower\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crunchbase reported some major funding<\/a> this past week in energy and biotech.\n<ul class=\"wp-block-list\">\n<li>Bill Gates&#8217;s nuclear energy company TerraPower raised $750 million in a funding round led by the South Korean SK Group.<\/li>\n\n\n\n<li>Cambridge, Massachusetts-based biotech Orna Therapeutics mustered $221 million in Series B to develop RNA therapies.<\/li>\n\n\n\n<li>Senda Biosciences, another Cambridge biotech firm developing programmable medicines, got $123 million in a Series C round.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Biden signs Inflation bill, Adam Neuman gets a second chance, and U.S. bankers are caught using WhatApp (an apparent nono). Macro Macro Scoops OTD US economics Biden&#8217;s Big Bill Stocks &amp; Bonds Bond yields Make Bonds Great Again Sector performance S&amp;P 500 winners &amp; losers Real Estate The Housing Market is Hurting Crypto SBF Gets [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":4116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[3],"tags":[17,35,22,34,51,53,43],"post_authors":[94],"class_list":["post-5571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-bonds","tag-commodities","tag-cryptocurrency","tag-global-markets","tag-nfts","tag-real-estate","tag-stocks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v25.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aug. 22 Markets Report: A Dumptruck Named Recession | MoneyMade<\/title>\n<meta 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class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p><\/p>\n","innerContent":["\n<p><\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-macro\">Macro<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-macro\">Macro<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/columns","attrs":[],"innerBlocks":[{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" 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class=\"wp-block-columns\">\n\n\n\n<\/div>\n","innerContent":["\n<div class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-macro-scoops-otd\">Macro Scoops OTD<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-macro-scoops-otd\">Macro Scoops OTD<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>The Kremlin blames Ukrainian spies for a c<a href=\"https:\/\/apnews.com\/article\/russia-ukraine-estonia-bombings-government-and-politics-a627f80e7a96c3b19e40e8ee95ce55fd\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ar bomb that killed Daria Dugina<\/a>, the daughter of Russian political ideologue and close Putin confidant Alexander Dugin.<\/li>\n","innerContent":["\n<li>The Kremlin blames Ukrainian spies for a c<a href=\"https:\/\/apnews.com\/article\/russia-ukraine-estonia-bombings-government-and-politics-a627f80e7a96c3b19e40e8ee95ce55fd\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ar bomb that killed Daria Dugina<\/a>, the daughter of Russian political ideologue and close Putin confidant Alexander Dugin.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\"><\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"<\/ul>\n"]}],"innerHTML":"\n<li><a href=\"https:\/\/apnews.com\/article\/russia-ukraine-inflation-covid-health-2f23aa3df0f2f6916ad458785dd52c59\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Energy and food shortages and rising prices stemming<\/a> from Russia's war against Ukraine have globally <a href=\"https:\/\/apnews.com\/article\/russia-ukraine-inflation-africa-poverty-8054cd00098cb475b9dc9679086f7bdb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">thrown 71 million people into poverty<\/a>, according to the U.N. Development Program.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/apnews.com\/article\/russia-ukraine-inflation-covid-health-2f23aa3df0f2f6916ad458785dd52c59\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Energy and food shortages and rising prices stemming<\/a> from Russia's war against Ukraine have globally <a href=\"https:\/\/apnews.com\/article\/russia-ukraine-inflation-africa-poverty-8054cd00098cb475b9dc9679086f7bdb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">thrown 71 million people into poverty<\/a>, according to the U.N. Development Program.",null,"<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Unemployment among China's urban youth has reached a new record\u201419.9% among those aged 16 to 24.<\/li>\n","innerContent":["\n<li>Unemployment among China's urban youth has reached a new record\u201419.9% among those aged 16 to 24.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\"><\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"<\/ul>\n"]}],"innerHTML":"\n<li><a href=\"https:\/\/www.reuters.com\/markets\/europe\/china-cuts-lending-benchmarks-arrest-economic-slowdown-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">China unexpectedly lowered key interest rates<\/a> for the second time in a week. This surprise move is likely a desperate attempt to stimulate the country's stagnant economy and failing property market.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.reuters.com\/markets\/europe\/china-cuts-lending-benchmarks-arrest-economic-slowdown-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">China unexpectedly lowered key interest rates<\/a> for the second time in a week. This surprise move is likely a desperate attempt to stimulate the country's stagnant economy and failing property market.",null,"<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Citi Bank warns that surging energy costs in the <a href=\"https:\/\/www.theguardian.com\/business\/live\/2022\/aug\/22\/cineworld-us-bankruptcy-felixstowe-strike-gas-prices-recession-stock-markets-business-live\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">UK may drive CPI inflation to 18.6%<\/a> in Great Britain by January 2023.<\/li>\n","innerContent":["\n<li>Citi Bank warns that surging energy costs in the <a href=\"https:\/\/www.theguardian.com\/business\/live\/2022\/aug\/22\/cineworld-us-bankruptcy-felixstowe-strike-gas-prices-recession-stock-markets-business-live\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">UK may drive CPI inflation to 18.6%<\/a> in Great Britain by January 2023.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/columns","attrs":[],"innerBlocks":[{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"50%"},"innerBlocks":[{"blockName":"core\/image","attrs":[],"innerBlocks":[],"innerHTML":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/2_1b17357e07.png\" alt=\"Economic graphic\"\/><figcaption class=\"wp-element-caption\">Source: theguardian.com<\/figcaption><\/figure>\n","innerContent":["\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/2_1b17357e07.png\" alt=\"Economic graphic\"\/><figcaption class=\"wp-element-caption\">Source: theguardian.com<\/figcaption><\/figure>\n"]}],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:50%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:50%\">",null,"<\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]}],"innerHTML":"\n<div class=\"wp-block-columns\">\n\n\n\n<\/div>\n","innerContent":["\n<div class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p><strong>US economics<\/strong><\/p>\n","innerContent":["\n<p><strong>US economics<\/strong><\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Interest Rates: 2.50%<\/li>\n","innerContent":["\n<li>Interest Rates: 2.50%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Unemployment Rate: 3.5%<\/li>\n","innerContent":["\n<li>Unemployment Rate: 3.5%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>GDP YoY: -0.9%<\/li>\n","innerContent":["\n<li>GDP YoY: -0.9%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>CPI YoY: 8.5%<\/li>\n","innerContent":["\n<li>CPI YoY: 8.5%<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-biden-s-big-bill\">Biden's Big Bill<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-biden-s-big-bill\">Biden's Big Bill<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Imposes a <a href=\"https:\/\/apnews.com\/article\/biden-elizabeth-warren-bernie-sanders-congress-5e5ea68a4b5c1f4f263f5516bcdf8f77\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">1% excise tax on companies' purchases of their own shares<\/a>. Taxes on stock buybacks could rake in $1 trillion this year.<\/li>\n","innerContent":["\n<li>Imposes a <a href=\"https:\/\/apnews.com\/article\/biden-elizabeth-warren-bernie-sanders-congress-5e5ea68a4b5c1f4f263f5516bcdf8f77\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">1% excise tax on companies' purchases of their own shares<\/a>. Taxes on stock buybacks could rake in $1 trillion this year.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Pours about <a href=\"https:\/\/www.washingtonpost.com\/us-policy\/2022\/07\/28\/manchin-schumer-climate-deal\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$385 billion into fighting climate change<\/a>. It will encourage clean energy production and incentivize the reduction of carbon emissions.<\/li>\n","innerContent":["\n<li>Pours about <a href=\"https:\/\/www.washingtonpost.com\/us-policy\/2022\/07\/28\/manchin-schumer-climate-deal\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$385 billion into fighting climate change<\/a>. It will encourage clean energy production and incentivize the reduction of carbon emissions.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.npr.org\/2022\/08\/22\/1118052620\/tax-credit-electric-cars-vehicles-tesla-gm-inflation-reduction-act-climate\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Introduces a tax credit for electric car purchases<\/a>. Only people up to a certain income are eligible.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.npr.org\/2022\/08\/22\/1118052620\/tax-credit-electric-cars-vehicles-tesla-gm-inflation-reduction-act-climate\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Introduces a tax credit for electric car purchases<\/a>. Only people up to a certain income are eligible.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]}],"innerHTML":"\n<li>Biden signed Democrats' massive <a href=\"https:\/\/apnews.com\/article\/biden-signs-climate-health-bill-9a7f349fa7b07387d20ad603f2ff4875\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">climate change and health care bill<\/a> into law last Tuesday. The law:<\/li>\n","innerContent":["\n<li>Biden signed Democrats' massive <a href=\"https:\/\/apnews.com\/article\/biden-signs-climate-health-bill-9a7f349fa7b07387d20ad603f2ff4875\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">climate change and health care bill<\/a> into law last Tuesday. The law:",null,"<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-21\/powell-has-chance-to-reset-market-expectations-at-jackson-hole\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Fed Chairman Jerome Powell will speak on the central bank's economic outlook<\/a> at their annual Jackson Hole retreat this week. Wall Street will have its eyes and ears on his speech this Friday.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-21\/powell-has-chance-to-reset-market-expectations-at-jackson-hole\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Fed Chairman Jerome Powell will speak on the central bank's economic outlook<\/a> at their annual Jackson Hole retreat this week. Wall Street will have its eyes and ears on his speech this Friday.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.reuters.com\/business\/finance\/big-banks-expected-rack-up-more-than-1-bln-fines-whatsapp-use-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Financial regulators are seeking over $1 billion in fines<\/a> from major banks like Bank of America, Morgan Stanley, JP Morgan Chase, Goldman Sachs, Barclays PLC, and others for employees' alleged use of personal messaging apps like WhatsApp as well as email.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.reuters.com\/business\/finance\/big-banks-expected-rack-up-more-than-1-bln-fines-whatsapp-use-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Financial regulators are seeking over $1 billion in fines<\/a> from major banks like Bank of America, Morgan Stanley, JP Morgan Chase, Goldman Sachs, Barclays PLC, and others for employees' alleged use of personal messaging apps like WhatsApp as well as email.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-stocks-amp-bonds\">Stocks &amp; Bonds<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-stocks-amp-bonds\">Stocks &amp; Bonds<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/columns","attrs":[],"innerBlocks":[{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"50%"},"innerBlocks":[{"blockName":"core\/image","attrs":[],"innerBlocks":[],"innerHTML":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/image_1ccc150173.png\" alt=\"Bond graphic\"\/><figcaption class=\"wp-element-caption\">Source: https:\/\/moneymade.io\/asset\/bond<\/figcaption><\/figure>\n","innerContent":["\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/image_1ccc150173.png\" alt=\"Bond graphic\"\/><figcaption class=\"wp-element-caption\">Source: https:\/\/moneymade.io\/asset\/bond<\/figcaption><\/figure>\n"]}],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:50%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:50%\">",null,"<\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]}],"innerHTML":"\n<div class=\"wp-block-columns\">\n\n\n\n<\/div>\n","innerContent":["\n<div class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p><strong>Bond yields<\/strong><\/p>\n","innerContent":["\n<p><strong>Bond yields<\/strong><\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>US3M: 2.7116%<\/li>\n","innerContent":["\n<li>US3M: 2.7116%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>US2Y: 3.3056%<\/li>\n","innerContent":["\n<li>US2Y: 3.3056%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>US10Y: 2.998%<\/li>\n","innerContent":["\n<li>US10Y: 2.998%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>US30Y: 3.244%<\/li>\n","innerContent":["\n<li>US30Y: 3.244%<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-make-bonds-great-again\">Make Bonds Great Again<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-make-bonds-great-again\">Make Bonds Great Again<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>An analysis by Morgan Stanley Chief Cross-Asset Strategist Andrew Sheets <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-22\/bears-circle-stocks-as-faster-fed-bond-runoff-threatens-rebound\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">found that holding cash is more attractive than stocks<\/a>. Accelerated quantitative tightening\u2014reduction in the Fed's balance sheet\u2014will deteriorate the appeal of riskier assets in favor of treasury bonds.<\/li>\n","innerContent":["\n<li>An analysis by Morgan Stanley Chief Cross-Asset Strategist Andrew Sheets <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-22\/bears-circle-stocks-as-faster-fed-bond-runoff-threatens-rebound\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">found that holding cash is more attractive than stocks<\/a>. Accelerated quantitative tightening\u2014reduction in the Fed's balance sheet\u2014will deteriorate the appeal of riskier assets in favor of treasury bonds.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Refinitiv reported that $4.1 billion in junk bonds were sold in the U.S. this past week, marking the highest issuance level since early June. S&amp;P Global Rating expects 3.5% of junk bond issuers to default on their debt in the next 12 months, and ICE Data Services found that 6% of junk bonds\u2014roughly worth $90 billion\u2014are in distress (defined as yielding at least ten percentage points more than treasuries).<\/li>\n","innerContent":["\n<li>Refinitiv reported that $4.1 billion in junk bonds were sold in the U.S. this past week, marking the highest issuance level since early June. S&amp;P Global Rating expects 3.5% of junk bond issuers to default on their debt in the next 12 months, and ICE Data Services found that 6% of junk bonds\u2014roughly worth $90 billion\u2014are in distress (defined as yielding at least ten percentage points more than treasuries).<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>AMC dropped 38% after offering new APE preferred share class<\/li>\n","innerContent":["\n<li>AMC dropped 38% after offering new APE preferred share class<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>BBBY dropped over 12% after it was reported that the company's suppliers stopped shipments due to outstanding bills. The dumping of shares by investor Ryan Cohen also contributed to the decline.<\/li>\n","innerContent":["\n<li>BBBY dropped over 12% after it was reported that the company's suppliers stopped shipments due to outstanding bills. The dumping of shares by investor Ryan Cohen also contributed to the decline.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/cointelegraph.com\/news\/gamestop-nft-daily-fee-revenue-plunges-under-4k-as-gloom-infects-markets\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">GameStop shares dipped 4.3%<\/a> as revenue from their NFT marketplace took a plunge.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/cointelegraph.com\/news\/gamestop-nft-daily-fee-revenue-plunges-under-4k-as-gloom-infects-markets\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">GameStop shares dipped 4.3%<\/a> as revenue from their NFT marketplace took a plunge.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]}],"innerHTML":"\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/08\/22\/stocks-making-the-biggest-moves-midday-amc-signify-health-netflix-and-more.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Prices for meme stocks fell across<\/a> the board on Monday:<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/08\/22\/stocks-making-the-biggest-moves-midday-amc-signify-health-netflix-and-more.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Prices for meme stocks fell across<\/a> the board on Monday:",null,"<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.theguardian.com\/business\/2022\/aug\/22\/ford-to-appeal-17bn-verdict-against-it-in-georgia-truck-crash-case\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ford promised to appeal a $1.7 billion class-action verdict<\/a> that connects the automaker to a pickup truck crash that killed a couple in Georgia, USA. CEO Jim Farley said that Ford \"continue[s] to be hampered by recalls and consumer-satisfaction actions\" in an earnings call last month.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.theguardian.com\/business\/2022\/aug\/22\/ford-to-appeal-17bn-verdict-against-it-in-georgia-truck-crash-case\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ford promised to appeal a $1.7 billion class-action verdict<\/a> that connects the automaker to a pickup truck crash that killed a couple in Georgia, USA. CEO Jim Farley said that Ford \"continue[s] to be hampered by recalls and consumer-satisfaction actions\" in an earnings call last month.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p><strong>Sector performance<\/strong><\/p>\n","innerContent":["\n<p><strong>Sector performance<\/strong><\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Energy: 3.03%<\/li>\n","innerContent":["\n<li>Energy: 3.03%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Consumer Staples: 0.88%<\/li>\n","innerContent":["\n<li>Consumer Staples: 0.88%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Telecom: -3.74%<\/li>\n","innerContent":["\n<li>Telecom: -3.74%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Real Estate: -2.40%<\/li>\n","innerContent":["\n<li>Real Estate: -2.40%<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p><strong>S&amp;P 500 winners &amp; losers<\/strong><\/p>\n","innerContent":["\n<p><strong>S&amp;P 500 winners &amp; losers<\/strong><\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Coterra Energy Inc: 6.28%<\/li>\n","innerContent":["\n<li>Coterra Energy Inc: 6.28%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Occidental Petroleum Corp: 4.99%<\/li>\n","innerContent":["\n<li>Occidental Petroleum Corp: 4.99%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Moderna Inc: -17.84%<\/li>\n","innerContent":["\n<li>Moderna Inc: -17.84%<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Match Group Inc: -13.31<\/li>\n","innerContent":["\n<li>Match Group Inc: -13.31<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-real-estate\">Real Estate<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-real-estate\">Real Estate<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/columns","attrs":[],"innerBlocks":[{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"50%"},"innerBlocks":[{"blockName":"core\/image","attrs":[],"innerBlocks":[],"innerHTML":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/4_51d94e0c00.png\" alt=\"Real estate graphic\"\/><figcaption class=\"wp-element-caption\">Source: moneymade.io\/assets\/real-estate<\/figcaption><\/figure>\n","innerContent":["\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/4_51d94e0c00.png\" alt=\"Real estate graphic\"\/><figcaption class=\"wp-element-caption\">Source: moneymade.io\/assets\/real-estate<\/figcaption><\/figure>\n"]}],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:50%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:50%\">",null,"<\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]}],"innerHTML":"\n<div class=\"wp-block-columns\">\n\n\n\n<\/div>\n","innerContent":["\n<div class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-the-housing-market-is-hurting\">The Housing Market is Hurting<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-the-housing-market-is-hurting\">The Housing Market is Hurting<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.foxbusiness.com\/markets\/housing-market-records-sharpest-decline-sales-two-decades-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Home sales dropped 20.2% since last year<\/a> and 5.9% from June to July, marking the sixth consecutive month they fell. Meanwhile, the inventory of unsold houses rose to 1.31 million at the end of July.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.foxbusiness.com\/markets\/housing-market-records-sharpest-decline-sales-two-decades-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Home sales dropped 20.2% since last year<\/a> and 5.9% from June to July, marking the sixth consecutive month they fell. Meanwhile, the inventory of unsold houses rose to 1.31 million at the end of July.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>National Association of Realtors economist Lawrence Yun said that <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2022\/08\/20\/recession-watch-it-doesnt-seem-imminent-but-the-housing-market-collapse-deepens-as-fed-officials-warn-economy-will-slow\/?sh=7c0fab327d14\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">home sales and home building are in a recession<\/a>, but not home prices.<\/li>\n","innerContent":["\n<li>National Association of Realtors economist Lawrence Yun said that <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2022\/08\/20\/recession-watch-it-doesnt-seem-imminent-but-the-housing-market-collapse-deepens-as-fed-officials-warn-economy-will-slow\/?sh=7c0fab327d14\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">home sales and home building are in a recession<\/a>, but not home prices.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\"><\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"<\/ul>\n"]}],"innerHTML":"\n<li>National Association of Home Builders Chief Economist Robert Dietz <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2022\/08\/15\/housing-market-recession-is-here-home-builders-slash-prices-as-buyers-cancel-contracts-mortgage-rates-rise\/?sh=b50e29d3ab56\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">declared a housing recession<\/a> as costs rise and home affordability declines due to supply chain issues and high federal interest rates.<\/li>\n","innerContent":["\n<li>National Association of Home Builders Chief Economist Robert Dietz <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2022\/08\/15\/housing-market-recession-is-here-home-builders-slash-prices-as-buyers-cancel-contracts-mortgage-rates-rise\/?sh=b50e29d3ab56\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">declared a housing recession<\/a> as costs rise and home affordability declines due to supply chain issues and high federal interest rates.",null,"<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-crypto\">Crypto<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-crypto\">Crypto<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-sbf-gets-the-bag\">SBF Gets the Bag<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-sbf-gets-the-bag\">SBF Gets the Bag<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Bankrupt cryptocurrency brokerage <a href=\"https:\/\/www.coindesk.com\/policy\/2022\/08\/20\/voyager-customers-say-no-to-employee-retention-bonus-bid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Voyager Digital got heat from its creditors<\/a> after saying it'll hand out $1.9 million in bonuses to retain 38 of its key employees.<\/li>\n","innerContent":["\n<li>Bankrupt cryptocurrency brokerage <a href=\"https:\/\/www.coindesk.com\/policy\/2022\/08\/20\/voyager-customers-say-no-to-employee-retention-bonus-bid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Voyager Digital got heat from its creditors<\/a> after saying it'll hand out $1.9 million in bonuses to retain 38 of its key employees.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/08\/19\/crypto-firm-ftx-receives-cease-and-desist-from-fdic-about-insurance.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FTX.US got a cease-and-desist letter from the FDIC<\/a> for allegedly misleading consumers regarding whether their funds are federally insured.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/08\/19\/crypto-firm-ftx-receives-cease-and-desist-from-fdic-about-insurance.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FTX.US got a cease-and-desist letter from the FDIC<\/a> for allegedly misleading consumers regarding whether their funds are federally insured.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Binance CEO Chanpeng \"CZ\" Zhao allegedly subtweeted Bankman-Fried for trader's orders getting stuck on FTX in a rare bout of online drama between crypto founders.<\/li>\n","innerContent":["\n<li>Binance CEO Chanpeng \"CZ\" Zhao allegedly subtweeted Bankman-Fried for trader's orders getting stuck on FTX in a rare bout of online drama between crypto founders.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"<\/ul>\n"]}],"innerHTML":"\n<li>Leaked documents revealed that <a href=\"https:\/\/www.cnbc.com\/2022\/08\/20\/ftx-grew-revenue-1000percent-during-the-crypto-craze-leaked-financials.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FTX made $1.02 billion in 2021<\/a>. If true, this means that the revenue from Sam Bankman-Fried's crypto exchange spiked 1,000% from $89 million at the year's start.<\/li>\n","innerContent":["\n<li>Leaked documents revealed that <a href=\"https:\/\/www.cnbc.com\/2022\/08\/20\/ftx-grew-revenue-1000percent-during-the-crypto-craze-leaked-financials.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FTX made $1.02 billion in 2021<\/a>. If true, this means that the revenue from Sam Bankman-Fried's crypto exchange spiked 1,000% from $89 million at the year's start.",null,"<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/www.coindesk.com\/business\/2022\/08\/22\/seven-s-korean-brokerages-plan-to-start-crypto-exchanges-next-year-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Seven South Korean financial brokerages<\/a> have begun seeking preliminary approval to launch virtual asset exchanges. This embrace of cryptocurrencies contrasts with the aftermath of the Terra Luna collapse, which a Korean firm had developed.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/www.coindesk.com\/business\/2022\/08\/22\/seven-s-korean-brokerages-plan-to-start-crypto-exchanges-next-year-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Seven South Korean financial brokerages<\/a> have begun seeking preliminary approval to launch virtual asset exchanges. This embrace of cryptocurrencies contrasts with the aftermath of the Terra Luna collapse, which a Korean firm had developed.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-nfts-amp-metaverse\">NFTs &amp; Metaverse<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-nfts-amp-metaverse\">NFTs &amp; Metaverse<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/columns","attrs":[],"innerBlocks":[{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"50%"},"innerBlocks":[{"blockName":"core\/image","attrs":[],"innerBlocks":[],"innerHTML":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/nft_3433c6bd30.png\" alt=\"Metaverse graphic\"\/><figcaption class=\"wp-element-caption\">Source: moneymade.io\/assets\/metaverse<\/figcaption><\/figure>\n","innerContent":["\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/nft_3433c6bd30.png\" alt=\"Metaverse graphic\"\/><figcaption class=\"wp-element-caption\">Source: moneymade.io\/assets\/metaverse<\/figcaption><\/figure>\n"]}],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:50%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:50%\">",null,"<\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]}],"innerHTML":"\n<div class=\"wp-block-columns\">\n\n\n\n<\/div>\n","innerContent":["\n<div class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-from-metaverse-to-mainstream\">From Metaverse to Mainstream<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-from-metaverse-to-mainstream\">From Metaverse to Mainstream<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Asset management firm <a href=\"https:\/\/decrypt.co\/107955\/invesco-rolls-out-new-30-million-metaverse-fund\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Invesco launched a $30 million Metaverse Fund<\/a>. The fund will be actively managed to invest in seven key areas, including blockchains, hardware, operating systems, and artificial intelligence and will charge investors a 0.75% management fee.<\/li>\n","innerContent":["\n<li>Asset management firm <a href=\"https:\/\/decrypt.co\/107955\/invesco-rolls-out-new-30-million-metaverse-fund\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Invesco launched a $30 million Metaverse Fund<\/a>. The fund will be actively managed to invest in seven key areas, including blockchains, hardware, operating systems, and artificial intelligence and will charge investors a 0.75% management fee.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Decrypt reported that the <a href=\"https:\/\/decrypt.co\/107911\/cryptopunk-ethereum-nfts-floor-price-flips-bored-apes-for-first-time-in-5-months\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CryptoPunks floor price<\/a> briefly surpassed that of Bored Ape Yacht Club. They found that BYAC NFT prices hit an 8-month low over the weekend after falling 33%\u2014Punks' prices only dropped 24%.<\/li>\n","innerContent":["\n<li>Decrypt reported that the <a href=\"https:\/\/decrypt.co\/107911\/cryptopunk-ethereum-nfts-floor-price-flips-bored-apes-for-first-time-in-5-months\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CryptoPunks floor price<\/a> briefly surpassed that of Bored Ape Yacht Club. They found that BYAC NFT prices hit an 8-month low over the weekend after falling 33%\u2014Punks' prices only dropped 24%.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-commodities\">Commodities<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-commodities\">Commodities<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/columns","attrs":[],"innerBlocks":[{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"50%"},"innerBlocks":[{"blockName":"core\/image","attrs":[],"innerBlocks":[],"innerHTML":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/oil_1e3ed16be1.png\" alt=\"Commodities graphic\"\/><figcaption class=\"wp-element-caption\">Source: https:\/\/moneymade.io\/asset\/commodities<\/figcaption><\/figure>\n","innerContent":["\n<figure class=\"wp-block-image\"><img src=\"https:\/\/moneymade.io\/learn\/wp-content\/uploads\/2025\/05\/oil_1e3ed16be1.png\" alt=\"Commodities graphic\"\/><figcaption class=\"wp-element-caption\">Source: https:\/\/moneymade.io\/asset\/commodities<\/figcaption><\/figure>\n"]}],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:50%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:50%\">",null,"<\/div>\n"]},{"blockName":"core\/column","attrs":{"width":"25%"},"innerBlocks":[],"innerHTML":"\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n","innerContent":["\n<div class=\"wp-block-column\" style=\"flex-basis:25%\"><\/div>\n"]}],"innerHTML":"\n<div class=\"wp-block-columns\">\n\n\n\n<\/div>\n","innerContent":["\n<div class=\"wp-block-columns\">",null,"\n\n",null,"\n\n",null,"<\/div>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-gas-exports-hit-the-breaks\">Gas Exports Hit the Breaks<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-gas-exports-hit-the-breaks\">Gas Exports Hit the Breaks<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Erdogan and Putin are getting cozier and cozier. <a href=\"https:\/\/www.reuters.com\/business\/energy\/turkey-doubles-russian-oil-imports-filling-eu-void-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Turkey doubled Russian oil imports this year<\/a> compared to last year, as per Refinitiv Eikon data, and remains one of the only countries not to sanction Russia in response to its military actions.<\/li>\n","innerContent":["\n<li>Erdogan and Putin are getting cozier and cozier. <a href=\"https:\/\/www.reuters.com\/business\/energy\/turkey-doubles-russian-oil-imports-filling-eu-void-2022-08-22\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Turkey doubled Russian oil imports this year<\/a> compared to last year, as per Refinitiv Eikon data, and remains one of the only countries not to sanction Russia in response to its military actions.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li><a href=\"https:\/\/apnews.com\/article\/russia-ukraine-germany-government-and-politics-bc7bdf033d249f673275b537bf2d3d19\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Gas shortages may cripple German industries<\/a> like steelmaking and pharmaceuticals. If the war continues, Germans may have to ration their gas supply if stockpiles don't last the winter.<\/li>\n","innerContent":["\n<li><a href=\"https:\/\/apnews.com\/article\/russia-ukraine-germany-government-and-politics-bc7bdf033d249f673275b537bf2d3d19\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Gas shortages may cripple German industries<\/a> like steelmaking and pharmaceuticals. If the war continues, Germans may have to ration their gas supply if stockpiles don't last the winter.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"<\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":[],"innerBlocks":[],"innerHTML":"\n<h2 class=\"wp-block-heading\" id=\"h-startups\">Startups<\/h2>\n","innerContent":["\n<h2 class=\"wp-block-heading\" id=\"h-startups\">Startups<\/h2>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/heading","attrs":{"level":4},"innerBlocks":[],"innerHTML":"\n<h4 class=\"wp-block-heading\" id=\"h-second-chances\">Second Chances?<\/h4>\n","innerContent":["\n<h4 class=\"wp-block-heading\" id=\"h-second-chances\">Second Chances?<\/h4>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>The firm also gave Neuman $70 million to start a web3 carbon credit platform called Flowcarbon. The connection between Nueman's two companies remains unclear.<\/li>\n","innerContent":["\n<li>The firm also gave Neuman $70 million to start a web3 carbon credit platform called Flowcarbon. The connection between Nueman's two companies remains unclear.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\"><\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"<\/ul>\n"]}],"innerHTML":"\n<li>Adam Neumann, the co-founder of famously failed office-sharing unicorn WeWork, got <a href=\"https:\/\/techcrunch.com\/2022\/08\/15\/a16z-andreessen-horowitz-backs-adam-neumann-wework-new-venture-flow-real-estate\/?utm_source=internal&amp;utm_medium=WPunit\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Andreessen Horowitz (a16z) to invest $350 million into Flow<\/a>, his new residential real estate startup, valuing it at over $1 billion.<\/li>\n","innerContent":["\n<li>Adam Neumann, the co-founder of famously failed office-sharing unicorn WeWork, got <a href=\"https:\/\/techcrunch.com\/2022\/08\/15\/a16z-andreessen-horowitz-backs-adam-neumann-wework-new-venture-flow-real-estate\/?utm_source=internal&amp;utm_medium=WPunit\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Andreessen Horowitz (a16z) to invest $350 million into Flow<\/a>, his new residential real estate startup, valuing it at over $1 billion.",null,"<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[{"blockName":"core\/list","attrs":[],"innerBlocks":[{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Bill Gates's nuclear energy company TerraPower raised $750 million in a funding round led by the South Korean SK Group.<\/li>\n","innerContent":["\n<li>Bill Gates's nuclear energy company TerraPower raised $750 million in a funding round led by the South Korean SK Group.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Cambridge, Massachusetts-based biotech Orna Therapeutics mustered $221 million in Series B to develop RNA therapies.<\/li>\n","innerContent":["\n<li>Cambridge, Massachusetts-based biotech Orna Therapeutics mustered $221 million in Series B to develop RNA therapies.<\/li>\n"]},{"blockName":"core\/list-item","attrs":[],"innerBlocks":[],"innerHTML":"\n<li>Senda Biosciences, another Cambridge biotech firm developing programmable medicines, got $123 million in a Series C round.<\/li>\n","innerContent":["\n<li>Senda Biosciences, another Cambridge biotech firm developing programmable medicines, got $123 million in a Series C round.<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"\n\n",null,"<\/ul>\n"]}],"innerHTML":"\n<li>Fund-day Monday\u2014<a href=\"https:\/\/news.crunchbase.com\/venture\/biggest-funding-rounds-vc-startups-bill-gates-terrapower\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crunchbase reported some major funding<\/a> this past week in energy and biotech.<\/li>\n","innerContent":["\n<li>Fund-day Monday\u2014<a href=\"https:\/\/news.crunchbase.com\/venture\/biggest-funding-rounds-vc-startups-bill-gates-terrapower\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crunchbase reported some major funding<\/a> this past week in energy and biotech.",null,"<\/li>\n"]}],"innerHTML":"\n<ul class=\"wp-block-list\">\n\n<\/ul>\n","innerContent":["\n<ul class=\"wp-block-list\">",null,"\n\n",null,"<\/ul>\n"]}],"_links":{"self":[{"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/posts\/5571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/comments?post=5571"}],"version-history":[{"count":0,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/posts\/5571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/media\/4116"}],"wp:attachment":[{"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/media?parent=5571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/categories?post=5571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/tags?post=5571"},{"taxonomy":"post_authors","embeddable":true,"href":"https:\/\/moneymade.io\/learn\/wp-json\/wp\/v2\/post_authors?post=5571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}