The FTX Fiasco & Bankruptcy - A Sign of the Times (11/15/22)

(11/15/22) The FTX fiasco and ensuing bankruptcy is symptomatic of the times; professionals are no better than amateur investors at this point in valuations and performing due diligence. The truth behind the "Santa Clause Rally," and what's really happening; get ready for sloppiness in December. FTX shenanigans & repercussions: How we got the SEC, Sarbanes-Oxley, & other regulations; "Stakeholder Capitalism" and corporate "responsibility" to take care of the world, because you're too stupid to take care of yourself: The experiment of COVID lockdowns: who's compliant? Pepsi's Points for a Harrier Jump-jet on Netflix; the Miami Heat cools on FTX's naming rights deal, and Bang Bros. wants in. Yellowstone, Tulsa King, Mayor of Kingston; Amazon layoffs: "It takes a lot of people to censor stuff." FedEx Freight furloughs: The economy is most certainly slowing down. SEG-1: What Ever Happened to Due Diligence & Valuation? SEG-2: FTX Shenanigans & Repercussions SEG-3: SBF, FTX, & Stakeholder Capitalism" SEG-4: Pepsi Points & Porn Sites' Naming Rights Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=wu0wDff5Iyw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2669s -------- Our Latest "Three Minutes on Markets & Money: "Will Inflation Data Pump Market Momentum?" is here: https://www.youtube.com/watch?v=611sSZdQnlk&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=1s -------- Our previous show is here: "How to Lose a Billion Dollars in Crypto" youtube.com/watch?v=JtOCMd2ywu4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2657s -------- Articles mentioned in this podcast: "The Big Short Squeeze Is Coming" https://realinvestmentadvice.com/the-big-short-squeeze-is-coming/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Cryptocurrency #PPI #Inflation #FTXBinance #StakeholderCapitalism #SamBankmanFried #PepsiPoints #MiamiHeat #Markets #Money #Investing