New Black-Owned Bank, Israel vs Palestine, & Trouble for Airbnb with Ashley Bell

Join us on this week's episode of Market Mondays for a deep dive into the latest financial headlines and insightful discussions. We're unpacking Airbnb's CEO's bold statement about the company being 'fundamentally broken' and the implications of shrinking profits. The controversy doesn't stop there; we're also discussing billionaire Bill Ackman's contentious stance on Harvard students criticizing Israel and his threats to their future Wall Street careers.

Our conversation takes a serious turn as we explore the potential impact of the Israel-Palestine conflict on the stock market, delving into personal fears and broader economic considerations. We also reflect on our key takeaways from the recent Van Jones interview, discussing its most poignant moments and lessons learned.

Highlighting groundbreaking progress in financial equality, we interviewed Ashley D. Bell, CEO of Redemption Bank, about the historic acquisition of a white-owned bank by Black investors. Hear about their plans for increased support to Black communities through innovative financial services.

Lastly, we revisit defense stocks, specifically General Dynamics, XOM, and CVX, providing strategic advice on when to make your exit. #blackbank #gaza #Israel #stocks

0:00 -Intro
6:44-Concerns For AirBnb Future
11:21-Interest Rates Effects on Short Term Rentals
15:24-Expedia influence on AirBnb’s business
20:00-Israel V Palestine
23:22-Wars Impact economies
29:41-Bias/nonbias In mainstream media / harvard story
34:40-Consequences of picking sides in politics
38:08-America’s free speech
42:27-Boycotting
46:06-Drake and DJ Khalid

51:51-Ashley Bell Introduction
52:12-Crisis with black owned banks
54:38-Banks Vs Fintech ecosystem within the black community
58:53 Ashley’s Investor Group
1:03:24-Utah community changes
1:05:56-Ready life future involvement w sporting community/black banks
1:08:12-Why ready life is different from other banks
1:10:40-What does ready life do with customers money
1:19:35-Cause for the collapse of black banks in the last century
1:25:32-Can we close the wealth gap?
1:27:50-History Financial System racism in the U.S
1:28:56-Playing with or without the system?
1:33:44-Ashley’s Production company & future of content
1:40:50-Transition/ talking about eyl haters

1:44:07-Stock talk
1:45:59-Moral concerns when investing in stocks
1:50:25-Big Short
1:53:00-EYL Chicago show
2:02:48-Outro