SubscribeArrow

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)

Thanks for reading. Was this email forwarded to you? Sign up here.