Politics And The Short Squeeze
Gamestop is a publicly traded company. Wall Street spends time betting for & against different stocks. Researchers made the prediction that GameStop stock would go down. A group of buyers decided to buy it to increase the value. Then the hedge fund buyers decided to counter the increase in value and organized against the individual buyers because Wall Street didn't like the outsiders having a level playing field. Todd discusses how to look at this from a political point of view.
Executive Director of Shepherd Community Center, Jay Height, joins the program today. This is the first episode of our new interview series where Jay will introduce the 10 assets to breaking the cycle of poverty one at a time. The 1st asset: faith.