JPM DESK:
“.. Over the past 40 years, the Fed has cut rates 12 times with the S&P 500 within 1% of an all-time highs. The market was higher a year later all 12 times with an average return of around 15%.” 🇺🇸
#FOMC
@GioWFAN Soros Fund Management, founded by billionaire investor George Soros, is tightening its grip over the US radio industry after scooping up a majority stake in bankrupt radio company Audacy.
The fund’s February investment in Audacy — the second-largest radio firm in the US .