Yesterday, I visited the Chris Spangle Show on the We Are Libertarians Network to discuss the Gamestop (GME) short squeeze, Robinhood keeping users from buying GME and related securities like Blackberry (BB), Bed Bath and Beyond (BBBY), and Nokia (NOK), what all this means for the market and the public, and how the government might intervene.
As an advocate for economics education, I get upset when I hear bogus economics claims being made in politics and the media. When this happens, consumers are fooled into spending irresponsibly. Voters are fooled into supporting policies detrimental to the economy. This has been on my mind lately as President Trump doesn’t let a day go by without taking credit for how well the U.S. stock market is doing. Continue reading “Does Trump Deserve Credit for the Stock Market?”
When is the last time your checked your investment allocations? If it has been a few years, a lot has changed in the market. Stocks have reached record highs within the last few months. These gains have probably provided you with a great return. However, they can also set a portfolio’s allocations off-balance. Continue reading “An Example of the Importance of Reallocation”