🎙️ Looming Halving

[5 minutes to read] Plus: The Fed's balance sheet questions

By Matthew Gutierrez and Shawn O’Malley

Billionaire philanthropist MacKenzie Scott is on another giving spree.

👏 The latest: She’s giving $640 million to 361 small nonprofits “working to improve access to foundational resources in their communities.”

Scott, 53, is worth about $35 billion. She’s given away roughly $16.5 billion from the fortune she came into after divorcing Amazon founder Jeff Bezos.

“There are lots of resources each of us can pull from our safes to share with others,” she has said. “And something greater rises up every time we give.”

— Matthew & Shawn

Here’s today’s rundown:

Today, we'll discuss the biggest stories in markets:

  • Big questions about the Fed’s balance sheet

  • The latest on Bitcoin’s wild moves

This, and more, in just 5 minutes to read.

POP QUIZ

According to a new report on global happiness ratings, where does the U.S. rank? (The answer is at the bottom of this newsletter)

Chart of the Day

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