Softbank Loses $16 billion & the Fed says "There's No Limit" | Piper Rundown May 18, 2020

Softbank loses $16 billion. Vision Fund has a net negative return on invested capital.

Fed's Powell, "There's no limit" to the monetary policy response. Stagflation is likely. Proceed accordingly.

Private Equity buying into Sports. Great prices for opportunistic investors.

Relevant links
https://www.reuters.com/article/us-softbank-group-results/softbanks-vision-fund-tumbles-to-18-billion-loss-in-valley-of-coronavirus-idUSKBN22U0KK

https://frntofficesport.com/private-equity-in-the-owners-box/