We're Going Short! Again!
Degenerate Business School
English - August 28, 2020 22:00 - 27 minutes - 18.8 MB - ★★★★★ - 16 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The S&P dunks on America
Next Episode: Tech Lets Up and The Future Will Destroy Us
On this week's episode!
The S&P soars to new heights as Jerry Powell sets aside the age old mandate of managing inflation.
Accepting into our hearts the notion that this rally is now seriously overbought, Robert, James & I all take the plunge and take out short positions to hedge against the bubble that may or may not burst.
And Walmart, defying all reason, says it's also interested in Tik Tok. At this point, Delta could say they were interested in buying Tik Tok and it wouldn't surprise me.
Finally, we wonder aloud how we can get in on the greatest IPO of the age, Ant Financial.