Show notes
Over the past week, the SBF and FTX situation has only grown more complex. More and more workers are getting let go as companies begin to prioritize profits over growth. And retail sales increased 1.3% in October but it seems to be fueled by consumer debt as US household debt rose to $16.5 trillion. All these stories covered on โThis Week in Financeโ November 10 - November 17 #stocks #ftx #crypto #news ----- ----- Activist Letter: https://www.tcifund.com/files/corporateengageement/alphabet/15th%20November%202022.pdf Amazon Cuts Jobs: https://www.cnbc.com/2022/11/14/amazon-reportedly-plans-to-lay-off-about-10000-employees-starting-this-week.html 2022 Tech Layoffs https://www.cnbc.com/2022/11/09/tech-layoffs-2022.html SBF Vox Interview: https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy Genesis: https://www.coindesk.com/business/2022/11/16/genesis-crypto-lending-unit-is-halting-customer-withdrawals-in-wake-of-ftx-collapse/ BlockFi: https://www.coindesk.com/business/2022/11/16/genesis-crypto-lending-unit-is-halting-customer-withdrawals-in-wake-of-ftx-collapse/ Genesis Tweet: https://twitter.com/JasonYanowitz/status/1592917789898989568?s=20&t=yF2vtZtZLdx5OmyqeNG7Yw FTX Tweet: https://twitter.com/gurgavin/status/1593292792582635520?s=20&t=yF2vtZtZLdx5OmyqeNG7Yw Retail Earnings Tweets: https://twitter.com/finfriendsYT US Retail Sales: https://www.reuters.com/markets/us/us-retail-sales-beat-expectations-october-2022-11-16/ Household Debt: https://www.cnbc.com/2022/11/15/household-debt-soars-at-fastest-pace-in-15-years-as-credit-card-use-surges-fed-report-says.html----- Website- https://jemi.so/financialfriends ๐ป Podcast- https://anchor.fm/financialfriends ๐ Twitter- https://twitter.com/finfriendsYT ๐ฅ Instagram- https://www.instagram.com/finfriendsyt ๐ธ TikTok- https://www.tiktok.com/@finfriendsyt ๐บ Public- https://public.com/brendanschema ๐ Free Stock- https://share.public.com/brendanschema ๐ฐ Dividend Tracker- https://thedividendtracker.com/?ref=DLz2Lb ๐ ----- *These videos are for entertainment purposes only and are NOT financial advice*--- Support this podcast: https://podcasters.spotify.com/pod/show/financialfriends/support



