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If you re just now catching up on 2018 politics, take a deep breath. There s a lot to take in.
Here’s a quick recap of Washington’s wild first week of the year: Bannon Bonanza
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Josh Richards, have tendered an investment in the beloved collectible toy brand
Sillybandz. While the guys have made a slew of individual investments, this marks Sway’s first stake as a group. The size of the investment was undisclosed.
Sillybandz are silicone rubber bracelets that come in packs of 24, and are sold according to different themes, including animals, holidays, and celebrities (thanks to licensing deals with the
Kardashians and
Justin Bieber). When not being worn as bracelets, Sillybandz revert to their various original shapes. The product was created by the entrepreneur
Robert Croak and rose to popularity in the early 2010s, whereupon they even became traded as collectibles, particularly their rarer iterations.
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LOS ANGELES, Feb. 9, 2021 /PRNewswire/ Social media superstars Noah Beck, Bryce Hall, Griffin Johnson, Blake Gray and Josh Richards are partnering with a toy brand that played a huge role in their formative years Sillybandz which marks the first investment the Sway LA Boys have made as a group.
For the Sway Boys, the investment is personal. Sillybandz were their generation s equivalent of Beanie Babies, POGS, Tamagotchis, Furbies or Hatchimals a toy fad that left a nostalgic mark. Based on a simple concept: colorful rubber band bracelets that came in an array of colors and shapes including animals, letters, and beyond Sillybandz captured the hearts and minds of Generation Z.
The dynamics that transpired in GameStop can be traced back to factors like Federal Reserve stabilization efforts and low rates, which incentivize risk taking.
“The growth of structured products, passive investing, the regulatory standpoint that’s been implemented with Dodd-Frank and dealers needing to hedge off their risk more frequently than not” are all part of a regime change that’s affected the stability of markets, said Kris Sidial, co-chief investment officer of The Ambrus Group.
“These dislocations happen quite frequently in small windows, and it offers the potential for large outlier events,” like the equity bust and boom of 2020, he said.