Max Pacella
Investment Analyst
Wholesale Investments
7 May, 2021

Welcome back to Weekend Reading.

Some market darlings have shown signs of breaking apart over the last few days, from the news of the Gates’ divorce, to Coinbase’s stock price, to Sydney’s formerly COVID-free lifestyle.

Whether or not this represents a longer-term trend is up for debate, but it is worth noting that despite a better-than-expected U.S. reporting season, the market barely reacted – it’s traditionally a not great sign when the market stops rising on good news.

Let’s look back on the week.

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