icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Robinhood warns of meme frenzy & Britain wins key tax exemption

Before its much-hyped IPO listing, retail trading app Robinhood has warned investors of another potential ‘meme stock’ rally. Boom Bust’s Ben Swann and Christy Ai analyze the pre-IPO news for the controversy-laden app. Then we take a spin around the globe for a look at international stock market performance. Shifting to geopolitics, tensions are on the rise in the South China Sea as the US and Japan have begun joint military drills in the region. RT’s Alex Mihailovich files a report on the growing concern in Southeast Asia. Then we turn to Europe, where the UK has managed to receive a key exemption in the newly backed global minimum tax proposal. Hilary Fordwich of the British-American Business Association gives her forecast on the new carve-out and what it spells for London as a banking hub in post-Brexit Europe.

Robinhood warns of meme frenzy & Britain wins key tax exemption
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.