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PLUS: Rates, Banks, Friday Funk
Happy Friday Basis Pointers and because it's Friday, let's start with 2 pop culture gems.

First, after reading the most uptight Rolex ad in history, I asked ChatGPT to rewrite it. The results are truly hilarious, as is Dennis' artwork. Boozing, yachts, and trust funds are involved.

Second, we took a break from Friday Funk to lionize its mascot, and we're back this week with a funk gem from Al Green's catalog. References from the best episode of Billions are involved.

Speaking of Billions, the writers strike shut down final season production yesterday.

Gary Vaynerchuk's hot new social feed is fortune cookies.

Bank chaos prevails.

And mortgage rates are XX after America added XX jobs in April. Details here.

Hope this newsletter helps you get your cool back for the weekend, and please tell a friend :)

Julian

Friday Funk: I Feel Good

The Basis Point Friday Funk 117 - I Feel Good by Al Green
The Basis Point Friday Funk installment 117 is I Feel Good by Al Green, a soul stalwart with many funk gems. This post has one more too!
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Gary Vaynerchuk bets fortune cookies are the hot new social feed

gary-vaynerchuk-bets-fortune-cookies-are-the-hot-new-social-feed-featured-image
6 year old fortune cookie ad firm OpenFortune in 47k restaurants gave ad savant Gary Vee 'significant' equity to partner. 'In the moment you open a fortune cookie, you’re not distracted or on your phone. You’re completely focused on reading it and anticipating what’s next in your life.'
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Bank Chaos Roundup: PacWest down 72% YTD, Western Alliance denies sale rumors, TD Bank & First Horizon kill $13.4b deal

PacWest exploring strategic options, Western Alliance says FT story saying it's doing same is 'categorically false', and TD & First Horizon cite regulatory hurdles as a reason for terminating $13.4b deal
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Writers strike shut down final season of ‘Billions’ today

On day 3 first Writers Guild of America strike in 15 years, the set of Wall Street drama Billions closed for several hours May 4. Here's what happened.
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Hey Rolex, wanna be cool again? Here's my ChatGPT Rolex ad rewrite. You're welcome.

The Basis Point humbly presents Rolex Dope AF model using ChatGPT Rolex ad rewrite copy
This ChatGPT Rolex ad is hilarious and blows away uptight real life Rolex ad. But of course it's because of some chilled out human creativity.
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