New Jersey Council for Economic Education |

03 Feb In Defense of Hedge Funds and Short Selling: GameStop, Reddit, and Robinhood

Posted at 13:33h in Voluntary Exchange Sources by one80Admin

Does Wall Street gain at the expense of the little guy? Yes. Is this gain via hedge funds and short selling? No. The fallout from the Robinhood/GameStop saga has led to the usual finger pointing at the wrong parties as a result of political tribalism. But...

02 Feb Trading Halts And Game Over

Posted at 21:43h in Voluntary Exchange Sources by one80Admin

Image credit: istockAnalysis and Commentaryvia The Grumpy EconomistDavid Battan writing in the WSJ brings come clarity to Robin Hood's trading stop. It raises some questions for me, however. Much of the problem seems to stem from two-day clearing and settlement, and brokers lending people money to...

02 Feb Dismiss All the Populist GameStop Hype: Short Sellers Are Heroes-AIER

Posted at 21:02h in Uncategorized by one80Admin

Back around 2007, investor John Paulsen began to feel skeptical about the viability of mortgage securities. Though demand for them was much greater than supply, Paulsen sensed that lending standards had plummeted so far that loan delinquencies were set to surge....

02 Feb Trading halts and game over

Posted at 20:04h in Voluntary Exchange Sources by one80Admin

David Battan writing in the WSJ brings come clarity to Robin Hood's trading stop. It raises some questions for me, however. Much of the problem seems to stem from two-day clearing and settlement, and brokers lending people money to trade. Instant settlement and at least...

02 Feb Robinhood and Redditors: Who’s robbin’ who?

Posted at 19:51h in Voluntary Exchange Sources by one80Admin

The recent story of Robinhood and the “short squeeze” on GameStop has raised the question whether Robinhood was doing some squeezing of its own, applied to the delicates of the small traders it serves. The comedian and renowned financial analyst John Stewart said it was...

02 Feb Real Socialism Delivers Misery

Posted at 19:48h in Voluntary Exchange Sources by one80Admin

People hate America’s big disparities in wealth. It’s a reason why, among young people, socialism is as popular as capitalism. The Democratic Socialists of America want a country based on “freedom, equality and solidarity.” That sure sounds good. But does socialism bring that? My new video debunks several...

02 Feb The GameStop Rebels vs. “Too Big to Fail”

Posted at 19:46h in Voluntary Exchange Sources by one80Admin

Last week, a large number of small-time investors drove up the price of GameStop’s (GME) stock a historic 1,784 percent. But this was no mere spike in some obscure stock. The stock’s price spiked in part as a result of efforts by “an army of smaller investors who have...

02 Feb Wall Street Outsiders versus the Hedge Funds

Posted at 19:42h in Voluntary Exchange Sources by one80Admin

The investment world was convulsed last week when at least one hedge fund (Melvin Capital) lost billions of dollars. The sudden, massive losses happened when a tidal wave of independent individual investors, spearheaded by posts on Reddit.com, triggered a short squeeze that torpedoed the hedge fund. For...

02 Feb Let’s Crush These 4 Retirement Myths in 2021

Posted at 14:33h in Uncategorized by one80Admin

Retirement planning is one of...

02 Feb What Are Your Chances of Facing a Huge Unexpected Expense?

Posted at 14:33h in Uncategorized by one80Admin

They may be higher than you think.Unexpected expenses are a fact of life. And just about everyone faces them at some point. But you may be surprised to find out just how likely it is that you'll incur large surprise costs.Since the chances of them...

Author: one80Admin