Communication Services' Outperformance, Dow Transports' Underperformance, and the Final Days of the First Quarter 03/30/23
Morning Call
00:00
The Impact of the Tax on Multifamily Properties
Robert Frank: A lot of sellers, including Mark Wahlberg, really trying to get out ahead of this tax and sell before it takes effect. The FDIC is facing nearly $23 billion in costs from recent bank failures. Sam Beckman Free will be arraigned in federal court today on new charges accusing him of paying a $40 million bribe to Chinese officials. Disney reportedly cutting more than 300 jobs in China as part of its multi-billion dollar cost cutting plan. And Alibaba considering gradually giving up control of some of its main businesses after completing a major overhaul to split its $250 billion empire into six new companies.
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