10-30-21: Tuesdays with Leeson

Oct 30, 2021

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The guys are back in the shop after missing last week due to a bout with the flu and have a lot to cover. Listen along as we look at payment for order flow and Senator Toomey's proposed bill, the continuing Evergrande saga and the Fed's decision to ban policy makers from owning individual stocks. In Stocks and Trading, we discuss the craziness aound the Trump backed SPAC (DWAC) and look at a couple potential trade ideas involving Disney (DIS) and Visa (V). The Facebook name change stirred things up in the Crypto Corner, leading to a discussion about when to sell. The month end is here and The Bet needs to be settled and a fashionable consequence gets levied.

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Links:

Toomey's Bill to Protect PFOF

Fed to Ban Policymakers from Owning Stocks

S&P Denies Allegations it Sells Index Inclusion

Evergrande Crisis Extending to Other Chinese Property Developers

China Wants Evergrande Founder to Pay Companies Debt

Labor Shortage to End Soon??

DWAC Surges

TSLA Soars after Hertz Deal

AMZN Discloses 20% Stake in Rivian