Channel3000.com
February 1, 2021 10:33 AM Anna-Louise Jackson - Forbes Advisor
Posted:
Updated:
February 2, 2021 11:31 PM
Markets kicked off the new year by repeatedly testing fresh all-time highs through most of January, before a late-month slump saw the gains evaporate. After notching a handful of record closing highs, the S&P 500 ended January down 1.1%.
There were plenty of political headlines driving volatility from the Senate run-off elections in Georgia, to the assault on the Capitol, to the inauguration of President Joe Biden. But perhaps the biggest story came from an unexpected source: Extreme speculation in certain corners of the stock market.
While speculative stock manias are nothing new, the disruptive power of day traders reached a fever pitch in January. The market frenzy in shares of video game retailer GameStop was genuinely shocking, with the stock up 1,700% on the month at one point. Fellow YOLO stock, AMC Entertainment Holdings, was up more than
OLUFEMI “FEMI” OGUNDELE
PRUDENCE CARTER
KYNDALL ELISE DOWELL
CALEB DAWSON
WALTER J. HOOD
JOHN A. POWELL Professor, Berkeley Law, African American Studies, Ethnic Studies
You can read a lightly edited version here or watch the full conversation on our YouTube channel.
TAKIYAH FRANKLIN: Before we get started, I’m going to take this moment to give a brief background on the trajectory of the struggles of Black and brown people at UC Berkeley. In 1968 there was a five-month strike that demanded a radical shift in admissions practices. And that was followed swiftly, in 1969, with a three-month strike that led to the creation of the Ethnic Studies department. Fast forward to 1999 and protests against financial cuts to that very department. The protest continued with rallies and sit-ins that led to a five-point agreement and the creation of a research center on campus now called the Center for Race and Gender.
Channel3000.com
January 19, 2021 8:38 AM Anna-Louise Jackson - Forbes Advisor
Posted:
Updated:
January 21, 2021 8:22 AM
Of all the reasons for the ups and downs of the stock market, weather is rarely given any credit. Certain meteorological events, like devastating hurricanes or tornadoes, obviously have at least a short-term effect on market events. But researchers have found correlations between the stock market and even more mundane aspects of the weather.
Everyday weather, like sunshine and temperature, may have noticeable impacts on market performance and the field of behavioral finance, which describes how psychology influences investor decisions, helps to explain this connection.
Weather, Emotions and the Market
Last modified on Sat 16 Jan 2021 12.41 EST
Pressure is mounting on the Home Office over its plans to house nearly 200 asylum seekers in what campaigners have described as a “prison-style” camp on the site of an immigration jail.
The construction of prefab-style accommodation at the privately run Yarl’s Wood centre in Bedfordshire follow a series of damning reports on conditions at two former army barracks sites in Kent and Pembrokeshire being used to hold up to 600 asylum-seeking men.
Campaigners have started legal action against the expansion of Yarl’s Wood, which is set to house its first asylum seekers imminently, while councillors in Bedford have spoken out against the new development.
Please note that, due to production issues, publication of the
PLOS Medicine paper cited in this release has been delayed. It will be included in this release when a new publication date is confirmed.
The fatal threat from diarrhoea and pneumonia to young children in the world s poorer countries can be drastically reduced by using traditional performing arts to encourage mothers to provide youngsters with safe food and water, a new study reveals.
The Gambia, like many other Low- and Middle-income Countries (LMICs) faces high rates of under-five deaths due to diarrhoea and pneumonia - the two highest causes of death in this age group in this country and globally.