EPISODE · Sep 5, 2022 · 11 MIN
Bonus Episode: Is this a Pump-and-Dump Economy?
from The Causey Consulting Podcast
Today is Labor Day in the US. It feels like we all need a break from the bizarre-o world we've been in lately.A pump-and-dump scheme in the stock market is when a stock is artificially pumped up through promotion. The stock is sold while the price is high and then the buyers are left holding the bag once the price drops.Does any of this sound familiar? *Gestures broadly* Does it not seem like that's what's happening, well, everywhere these days?Links I mention in this episode:https://www.investopedia.com/ask/answers/05/061205.asphttps://www.linkedin.com/news/story/consumers-rack-up-bnpl-debt-for-food-4930665/Need more? Email me: https://causeyconsultingllc.com/contact-causey/For exclusive content you won't find here, become a Patreon Patron!
What this episode covers
Today is Labor Day in the US. It feels like we all need a break from the bizarre-o world we've been in lately. A pump-and-dump scheme in the stock market is when a stock is artificially pumped up through promotion. The stock is sold while the price is high and then the buyers are left holding the bag once the price drops. Does any of this sound familiar? *Gestures broadly* Does it not seem like that's what's happening, well, everywhere these days? Links I mention in this episod...
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Bonus Episode: Is this a Pump-and-Dump Economy?
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