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Weekend Insights – The Wildest Week of Markets Ever?

Welcome back to Weekend Insights, your LCI “President’s Corner” of miscellaneous articles, events, books, vids, and whatever else I’m thinking about… 

A down-on-its-luck company that few cared about a few weeks ago, GameStop, completely blew up this week in the news. Hedge funds, who wanted to drive down the stock price into oblivion, had shorted so many shares that the “float” was well over 100%. That’s absolutely crazy over-leveraging. Savvy retail investors at Reddit recognized this fact and commenced a coordinated buying of so many shares (and not selling as the price rose) that a “short squeeze” is on the way, causing the hedgers to lose a LOT of money in the process. Hard to feel bad for the hedgers at all when it’s their own market manipulation along with the Federal Reserve that hurts so many others. Is this the wildest week for financial markets in history? For a taste of what’s being said out there…

Got conservative friends who were all fired up about “election fraud” and the end-of-the-world-as-we-know-it? Share this with them. It’s a great read with lots of sources to help understand the madness.

Alright, here are a few more links of interest to round out the week…

You know what else is totally undervalued and in the marketplace RIGHT NOW? A nice little book called Faith Seeking Freedom! (You didn’t think I’d forget that, did you?)

Cheers, and have a great week!

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Discussing Christian faith and politics is tough. If you’re tired of the typical left/right answers that sound like they were pulled from last night’s cable news, then you need a new way of thinking about faith and politics. This book will help you take your political conversations to the next level.

In Faith Seeking Freedom, the Libertarian Christian Institute has gathered together some of the brightest minds at the intersection of Christianity and libertarianism to collect brief but thoughtful answers to over a hundred questions frequently posed to liberty-loving believers.

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