Good morning. (Today's Smart Brevity: 1,105 words, ~ 4 minutes.)

Situational awareness:

  • WeWork’s parent company has called off a roadshow this week and is expected to postpone its IPO after investors questioned the company's valuation and raised concerns about corporate governance. (WSJ)
  • Netflix signed a 5-year deal with Sony to become the exclusive worldwide streaming home of “Seinfeld,” starting in 2021. (LA Times)
  • The FDIC will propose eliminating the margin requirement at a public meeting Tuesday, in a move that would save Wall Street traders tens of billions of dollars they've been forced to set aside for swap trades. (Bloomberg)

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