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Apple WWDC Event & Smoke Covers NYC: Rippers Weekly Recap 6/10

Plus Telsa, Meta, and more make headlines!

Author

StockMKTNewz Evan
June 10, 2023

Hey everyone, it’s @StockMKTNewz Evan!

I spend 70 hours every week looking for news so you don't have to. That causes me to tweet a lot which can be hard to keep up with. Having somewhere to put all the major stories in 1 easy to view place is really valuable, and that's why I make this newsletter!

PRESENTED BY:

How The Stock Market Performed This Past Week

Heat Map of the S&P 500

How The Largest Stocks Performed

Best Performing Large Cap Stocks

Worst Performing Large Cap Stocks

A MESSAGE FROM MASTERWORKS

Microsoft Co-Founder’s $1.5B+ Sale Highlights “Safe Haven” Asset

Last November, Paul Allen’s historic art collection shattered the record for largest-ever sale in auction history.

The fact that the blue-chip art market is still setting records amid major drawdowns in financial markets, and macroeconomic turmoil, highlights why it can be such a strong alternative diversifier. In fact, the high-end art market also remained resilient through downturns like the dot-com bubble and Great Financial Crisis in 2008.

But this time around, it’s not just billionaires benefitting.

Thanks to Masterworks. This award-winning investment platform allows people to invest in shares of multi-million dollar art by names like Banksy and Picasso. So far, all 11 of Masterworks’ sales have been profitable, the last 3 realizing 10.4%, 35%, and 13.9% net returns respectively.

Due to high demand, offerings can sell out in just minutes, but Bullish Rippers readers can now skip the waitlist with this referral link.

DISCLOSURE: “Net Return" refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Regulation A disclosures at masterworks.com/cd.

This Week's Major Headlines

Get Prepared For The Week Ahead!

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