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    How social media might affect markets the way it has politics

    How social media might affect markets the way it has politics

    GameStop, a bankrupt company, had a 3,000% rise in its stock price this month as gamers banded together on social media to collaborate and purchase shares online. The impact has put opposition hedge funds, who have attempted to profit from GameStop's bankruptcy, into a state of panic as they are now faced with a $5 billion bill. This is a story like David and Goliath which also begs the question of how markets might go the way of politics as it did with the recent rise of a r
    First week after Brexit leaves thousands of expats in the cold

    First week after Brexit leaves thousands of expats in the cold

    When we thought there was enough chaos this week something a little less known but also chaotic was the impact of Brexit on many expat investors. This is the first week after the implementation of Brexit that disturbingly shocked many professional traders and investors that they suddenly could no longer access cross-border markets, investments, and banking products. London's success of being a financial center of the world had much to do with its free access into European mar
    Being grateful and why I'm looking forward to the new year

    Being grateful and why I'm looking forward to the new year

    Nobody could have predicted the scale of the calamity that we experienced in 2020. The loss of jobs and lives as a result of the pandemic was only the beginning for some people. I'm grateful that I personally did not experience a lost loved one and my heart goes out to those who have. I'm also grateful for our economic system. Nevermind that joblessness scaled beyond any rational metric, the global monetary system was able to keep interest rates low enough to stimulate growth

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    Eureka Wealth Management is a registered investment adviser in the State of California. The adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities or investment advisory services. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein.