📈 JP Morgan Swoops In To Save First Republic

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JP Morgan is playing superhero and swooping in to save the day by acquiring the failing First Republic Bank. It's like the banking version of a rom-com where the hero saves the day and gets the girl - in this case, the girl being the US banking system.

Adidas is facing some drama with a lawsuit claiming they turned a blind eye to Kanye West's wild antics. Looks like Yeezy isn't the only one dropping bombs! And speaking of dropping, it seems like more and more Americans are dropping cash on digital currency with over 20% now owning some form of crypto.

So, grab your popcorn and let's dive into the latest in the world of investing.

Invest in The Company Potentially Pioneering Robotics in Surgery (Sponsor)
Did you know 100,000 knee replacements fail every single year? Enter Monogram, the brainchild of Dr. Doug Unis and Benjamin Sexson. They've set their sights on transforming the knee replacement industry by working to kick those out-dated methods to the curb.

With a $19.4B market Monogram is developing innovative surgical robots that will utilize cement-free, 3D-printed implants and advanced robotic precision that hope to put an end to post surgery joint pain and instability. Backed by $38M in funding, 20 patent applications, and on the path towards FDA approval, Monogram believes they are positioned ahead of the competition.

Now's your chance to invest in the potential future of knee surgery! Support Monogram's pursuit of happier, pain-free knees, and give your investment portfolio a potential boost it deserves*.

Invest before Monogram’s planned Nasdaq listing. The last day to fund your investment is on 5/10.

Markets

JP Morgan to snap up most of failed US bank First Republic (2 minute read)
JP Morgan is set to acquire First Republic, a failed California bank, in a big takeover move. The regulators have stepped in to contain the situation and avoid a repeat of the 2008 financial crisis. Apparently, JP Morgan won the race against five other competitors vying for the acquisition, and they'll be getting their hands on "all of the deposits and substantially all of the assets" of First Republic. The icing on the cake? The Federal Deposit Insurance Corporation is offering $50 billion to sweeten the deal. Talk about a big score for JP Morgan!

Housing market gridlock: buyers eager, but sellers scarce (3 minute read)
There’s icy conditions in the housing market this spring. It seems like everyone's waiting for the sun to come out and melt the ice, but sellers are in short supply. Buyers are eager to jump into the game, with a 10% increase in mortgage applications in March alone. But the lack of sellers is causing a mismatch in the market, with many homeowners sitting on the sidelines, too scared to enter the ring and face high prices and mortgage rates as buyers. A recent survey found that over three-quarters of sellers felt "locked in" by their low mortgage rate, and more than half plan to wait for the rates to drop before they make their move.

Investing

Investors sue Adidas over Yeezy partnership with Ye (2 minute read)
Hold on to your sneakers, folks, because Adidas is in hot water with investors! They're facing a lawsuit claiming that the company turned a blind eye to Kanye West's "extreme behavior" before finally dropping their partnership with the rapper. Adidas says they're ready to fight this lawsuit, but the investors are alleging that a 2018 report failed to properly address the risks of working with Ye. Instead of being straight up about the situation, the report only vaguely hinted at the issues.

Over One In Five Americans Now Own Crypto On Banking Uncertainty (10+ minute read)
Looks like Americans are turning to cryptocurrency for comfort in the face of a possible banking crisis! According to a new poll by Morning Consult, over one in five Americans now own at least one form of digital currency. That's a four-percentage-point jump from January, and the most popular crypto choice was good ol' Bitcoin, held by 16% of respondents. Ethereum came in second place with 12% ownership, followed by Binance Coin and Tether at 8% each. Who needs traditional banks when you've got digital currency to keep your money safe and sound?

Conviction (Or How To Lose A Lot Of Money In Investing) (7 minute read)
Hey, we all have things we're passionate about and fully committed to, like our loved ones, our faith, or our favorite pizza topping (pineapple all the way, baby!). But when it comes to investing, being too convinced of a certain idea can actually hurt your wallet. Sure, social media has made it easy to see where people stand on various issues, but blindly sticking to a certain ideology when it comes to your money could lead to missed opportunities or even losses. So maybe it's time to be a little less convicted and a little more open-minded with our investments!

Money

Are You Spending Too Much Money? (4 minute read)
Saving money vs. spending money - it's a never-ending battle! We could try to crunch numbers and use fancy financial software, but let's be real, that's not always fun. So, here's a more feel-good approach: aim to save enough that it hurts just a teeny bit. Yes, you heard that right - a little bit of pain now could lead to a lot of joy later when you're living it up in retirement. Plus, who doesn't love feeling like they're making progress towards their goals, even if it stings a bit?

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Disclosure: This is a paid advertisement for Monogram Orthopedics’ Regulation A+ offering. Learn more at invest.monogramorthopedics.com/disclaimers