Wed 5Th Jan 2023

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 Today’s issue covers the FOMC minutes’ hawkish tone, one university’s vote of confidence in Blackstone, and why Chinese stocks continued their rally. 📰

Check out today’s heat map:

10 of 11 sectors closed green. Real estate (+2.25%) led, and energy (-0.01%) lagged. 💚

In electric vehicle news, Rivian hit a 52-week low after missing its 2022 production target. Meanwhile, Tesla filed paperwork to make electric motors for airplanes, boats, and other vehicles. And an upstart Chinese electric brand, Nezha, claims it more than doubled its car deliveries in 2022 and topped Nio’s numbers. ⚡

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