The band are back together for this week's show!   

Steve D has this week's game. Paul and Steve W revisit some of their least favourite subjects as we look at how Chamath Palihapitiya's SPACs from before been performing. Most of them are down, two are up -- who will win this time at "U suck at ChaMath II"?   

With Paul back on board, we talk about the economic consequences of the Russian invasion of Ukraine. As the UK, US, and Australia have committed to banning imports of oil from Russia, we think about what this means for oil demand in the short term and renewable energy further ahead.   

Next is the latest from China. Chinese stocks (or their ADR counterparts) have been rallying this week on an announcement from the Chinese regulators. What did it say and what does it mean for investors? Steve W leads us into the subject of VIE structures, Chinese regulation, and the risk associated with investing in China.  

Lastly, we're looking at interest rates. As the Bank of England announced an increase in rates to pre-pandemic levels, the FED began increasing rates and reducing its balance sheet. The market took the news well, so what else is coming for the rest of the year?