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Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week

Welcome to Wealthy VC’s Capitalist Countdown

The Capitalist Countdown is a weekly series that features the biggest stories from the market’s hottest stocks as well as news from under-the-radar hidden gems capable of delivering mutibagger returns to your portfolio.

Please sit back, relax and enjoy Capitalist Countdown’s top 5 market-moving news stories for the week of September 5th – 11th, 2022.

5. Juul Agrees to Pay $438.5 Million to Settle Teen Vaping Probe (VIDEO)

As the Number of Smokers in the U.S. Gradually Decreases, the Number of People Who Vape Instead is Increasing

Worried about the health effects of cigarette smoking but unable to kick the nicotine or psychological addiction, many former smokers are embracing the vape offerings of brands such as Juul, including underage teens. Juul is 35% owned by tobacco giant Altria Group (NYSE: MO).


4. Did Pump and Dump Allegations Lead to Suicide of Bed Bath & Beyond CFO? (VIDEO)

“It’s All Fun and Games Until Someone Gets Hurt”

It’s a phrase we’ve all heard countless times, usually when engaging in a dangerous pastime. What’s fun and innocuous now could quickly get out of hand, leading to unintended consequences, such as the recent tragic death of Bed Bath & Beyond’s (NASDAQ: BBBY) CFO.


3. How Investors Can Make Money in a Bear Market With These 5 Inverse ETFs (VIDEO)

The Bears Have Had Their Time in the Sun For Most of 2022

With equities down across the board, learn how everyday investors are still generating profits using these Inverse ETFs.


Source: Shutterstock

2. Matt Damon-Backed Crypto Firm Accidentally Transfers Woman $10.5 Million Instead of $100, Nearly a Year Later, the Company Still Hasn’t Recovered Any of the Massive Overpayment

2022 Has Seen the Bottom Fall Out of Cryptocurrency Prices, NFT Interest Plummet, Several Crypto Exchanges Commit Fraud or Become Insolvent, and Now We Can Add Gross Mismanagement to the List

In late 2021, botched a simple $100 transfer and instead sent $10.5 million to an Australian woman. To make matters even worse, it took the Crypto firm seven months to notice the mistake, and as of now, the company has yet to recover any of the funds nine months later!


1. Fed Chair Jerome Powell Appears to Promise Continued Rate Hikes in Ongoing Inflation Battle (VIDEO)

2022 Has Been the Worst Year for Inflation in Decades

The combination of excess money printing, the pandemic and the Russia-Ukraine war has caused inflation to spike to levels not seen since the 1980s. To combat inflation, the Federal Reserve has resorted to raising interest rates, with Fed chair Jerome Powell recently indicating that the central bank will continue its aggressive rate hike strategy for the foreseeable future.


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Disclaimer: Wealthy VC does not hold a position in any of the stocks mentioned in this article.

Ryan Troup

Ryan Troup is the Editor in Chief of Wealthy VC and TCI. Ryan has 15+ years of investing experience. Twitter | Email

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