Two of the biggest macro-stories last week were the ongoing Russian invasion of Ukraine and expanded lockdown across more than 30 cities in China due to COVID-19. Two of the bigger micro-stories last week were the shutting down of CNN+ just 32 days after launch and the 40 percent plunge in Netflix stock. Though each was different they shared a common trait -- a surprising reversal of fortune! Defeat seemed to be snatched from the jaws of victory!
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