Band of Traders - Together We Trade 12-04-21: China Needs Water & No Digi Dollar
This week in the China Shop starts off with a Festivus Miracle, as the annual government shutdown was avoided. Dan looks at a poll suggesting the labor shortage is more permanent than initially thought and Kyle finds a disturbing story about a water crisis in China that could have consequences on the American supply chain. In Trading, the guys ook at stories affecting TWTR, NVDA and PTON before checking out the charts for SNAP, RBLX, PSTG and UMC. Over in the Crypto Corner, Dan recaps a non-committal statement from Yellen regarding the prospects for a digital dollar. It's the last month of the year, and the guys look to really humiliate the Random Stock in the last bet of 21!
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Links:
Government Shutdown Avoided Hours Before Deadline
China Water Shortage Threatens American Supply Chain
Debt Collectors can Use Social Media Now
New TWTR CEO Shaking Up Company
Digital Dollar Needs Broad Consensus
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