The Good: Boeing Boeing has seen its fair share of strife over the last couple of years, with failures and subsequent grounding of their newest 737 MAX and travel restrictions thanks to the pandemic. But now Boeing is finding new wings on three pieces of good news. First, Southwest ordered one hundred new 737 MAX jets, which are regaining airlines’ confidence and showing a market for fuel-efficient planes. Secondly, the slow lifting of global restrictions and widespread distribution of vaccines in several countries has analysts optimistic about the return of air travel. Third, Boeing has resumed deliveries of its 787 jets, which had been halted due to quality-control issues. The mix of the three allowed the stock to move nearly 2.5% into the green today. The Bad: Madison Square Garden James Dolan, owner of the New York Knicks, Rangers, Madison Square Garden Entertainment and MSG Networks, is coming under fire from the chairman of Madison Square Garden Entertainment and MSG Networks after a planned merger of the two supposedly has “absolutely no strategic rationale.” The chairman, Jonathan Boyar, expressed his concern that the all-stock deal “grossly undervalues” MSG Networks and may further a theory that Dolan owned properties do not have their public shareholders’ best interests at heart. Madison Square Garden Entertainment was down another 2.5% today after falling around 10% on Friday. The Ugly: Archegos Capital Management As a fire sale spreads across the markets, Archegos Capital Management has been tagged as one of the main culprits. The fund, ran by former Tiger Asia manager, Billy Hwang, has met significant losses with a sell-off of nearly $30 billion of stocks, many of which are located in emerging markets. The biggest losers in this situation are two Chinese stocks—Tencent and Baidu—but analysts worry that other emerging market stocks will soon face the same problems as US interest rates inch up, forcing countries including Russia and Brazil to raise local interest rates. While both Baidu and Tencent have strong core businesses and robust cash, analysts are anxious that this massive sell off—which affected cornerstone stocks like Viacom CBS and Discover—could be an indicator of an early bubble.