Seemingly out of nowhere, Robinhood and a handful of other trading apps prevented users from buying — and only buying — GME stock. As well as a handful of other companies earmarked by WallStreetBets…
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Problems with the Global Elite — When Money is Weaponised
Dear Reader, People often make the mistake of assuming that just because you’re super-rich, you must be super-smart. That’s wrong. There’s actually no correlation. Being rich can result from talent and hard work, but it can also come from sheer luck, inheritance, or the right marriage partner. Likewise, being smart is a blend of heredity, […]
How the Internet Took on the Biggest Short Squeeze Ever with GameStop
Well, if you’ve been following US stock market news you may already know. This stock is GameStop Corp [NYSE:GME]. A huge short interest on GameStop attracted the attention of an internet forum. A group on the website ‘reddit’…
Own ASX Bank Stocks? Earnings and Dividends May Trick Investors
Yes, Australia seems to be in a good spot financially. But it’s possible that earnings exuberance might get certain investors suckered into buying the wrong stocks. And I’m talking about bank stocks in particular…
A Neo-Stasi Approach — Janet Yellen spells Disaster for the US Dollar
Dear Reader, Stasi was the name of the East German internal security police during the worst days of the communist dictatorship in the German Democratic Republic during the Cold War. Stasi was an acronym for the State Security Service. Its many activities included illegal arrests, interrogation, and incarceration of political prisoners. The Stasi was also […]
The USD Upends Markets
Happy Australia Day! I hope you’re celebrating today with a bit of sun, or style, or both. Personally, I’m planning a swim down the beach with my two daughters. There hasn’t been too many days like that this summer down here in Victoria. Regardless, the markets stand still for no man or woman. Every day […]
