Business News You Can Use
by So Know This
February 5, 2021 12:14 pm
Business News You Can Use is a podcast focused on the markets, the economy, money, and global macro. Financial Journalism, for the most part, has become an endless exercise of click-bait content and circular facts. We aim differently. We trust your intelligence; and we trust your curiosity. We provide applied context to information; and, with that, we aim to increase your understanding of the matter. ✔ So, want to know why Non Farm Payrolls are so important; why the 10-year-yeild is approaching 1%; and why 25% of all employees teleworked? ➡ Want to know why you should care; and why these seemingly random numbers have a direct impact on you on the regular?
In tonight’s Nightly Business Review, I take a look at the day’s top business news headlines. On today’s episode, we take a look at Keith Gill, aka TheRoaringKitty, and his potential trouble with congress. We look at how his interaction with GameStop’s stock could be problematic. Next, we look at the rise of Dogecoin and ask if Elon Musk is essentially orchestrating a pump and dump on this crypto? Plus, the Economy continues to improve. Initial Jobless Claims were down to 779,000. We ask: is an improving US economy responsible for the mania in the stock market?
Chapter Markers:
00:00 — Introduction
00:15 — Keith Gill and GameStop Short Squeeze to Congress
01:43 — Is Elon Musk Trolling Dogecoin and all cryptos?
02:55 — The US Economy is Improving with Good Initial Claims Numbers
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