The Dr Boyce Breakdown

Today I talk about "Kentucky Karen," a racist white student who attacked a black student at The University of Kentucky.  There's a lot to say about this and I break down the way racism like this works in America and beyond. 

Today I speak with a group of black men who are disappointed with what happened with Kyrie Irving and the NBA 

Kyrie Irving - is he being punished for freedom of speech? 

Today I talk about why bitcoin appears to be making a comeback.  Also, the stock market is delusional and tech stocks are expected to experience more pain. 

Today we talk about happenings in the stock market and things that are going right and wrong. 

#KanyeWest is officially out of Adidas.    They will pay for this decision with billions of dollars.   But #hiphop brands should be owned by #blackpeople anyway.    #powernomics #blackwallstreet #buyblack #groupeconomics #DrClaudAnderson #Powernomics #blackculture #blackowned #blackbusiness #blackownedbusiness #PowerNomics #supportblackownedbusinesses #blackeconomics #blackeconomicpower #blackwealth #blackpower #blacknationalism #blackeconomicempowerment #blackselfdetermination #eatblack #newblackwallstreet #blackfirst #blackchef #supportblackbusinesses #blackeconomy #shopblack #blacksolidarity #blackownedrestaurant #blackdollar

Today we talk about the coming recession and how to prepare for it as an investor.  There's a tremendous amount of fear surrounding economic downturns, and much of the financial anxiety is justified.    However, there are some things you can do as an investor to make sure you're ready.    The biggest mistake is to clam up, sell everything and hide.  A recession doesn't mean that you withdraw from the economy, it just means that you have to participate in a different way.    The companies that do well during recessions tend to be built differently from those that do well during economic booms.  Good financial literacy training helps you know how to adjust so that you can do well in any situation.    Dr Boyce Watkins is a Finance PhD and founder of The Black Business School.  He’s also the author of the books, “Financial Lovemaking,” “Black American Money” and “The 10 Commandments of Black Economic Power.”  Dr Watkins is one of the leading black wealth experts on earth and has helped millions of people learn the secrets to black wealth and economic power.   You can learn more about Dr Watkins and his work on the following platforms:  Website:  BoyceWatkins.com Twitter:  @DrBoyceWatkins1 Instagram: @TheRealBoyceWatkins You can also study under Dr Watkins by joining his Stock Market Investing class at TheBlackStockMarketProgram.com.  You can learn how to generate income by selling stock options by registering at DrBoycePrime.com.

According to Rolling Stone Magazine, #KanyeWest has a big project in the works:   KANYE WEST MIGHT have plans as ambitious as running for president.   In the midst of all the chaos from West’s past month, his team filed a slew of trademark applications that would allow West to create his own mini-community — or as West intends to call it, the “Yecosystem.”  West’s plan for his own small “universe” has been in the works for years, two Yeezy sources confirm to Rolling Stone. The sources describe it as a self-sustained enterprise that would have its own branded homes, retail stores that sell Yecosystem-branded food items and beverages. The plan is serious, with arrangements to launch the first campus as early as next month, one source says. Eventually, West hopes to establish these mini-communities across the country, the source says.   West’s vision is on par with Steve Jobs, Elon Musk and Jeff Bezos, another source says, adding that West is adamant on creating something equally as world-changing. “He’s trying to do sh** that people couldn’t even conceive of and he’s trying to make it happen,” they explain. “He comes from a good place. It’s definitely his goal that everything that people touch that’s his is a good thing and has a good impact on the world.”  Tags for this video:   kanye,kanye west interview,yeezyverse,kanyewest,yecosystem,dr boyce watkins,black wealth,kanye west drink champs,kanye west,kanye west drink champs interview,kanye west george floyd,kanye west george floyd interview

Today I speak on the black community.

I have a friend who was part of a famous hip-hop group called "The Geto Boys."  Back in the day, Willie D and his partners Scarface and Bushwick Bill had a famous song called "My Minds Playing Tricks on me."   I thought about this song when I saw the stock market's unbelievable behavior this morning.   Upon the release of a highly anticipated inflation report, the market collapsed, with the Dow dropping over 500 points in an instant.  At that moment, I knew that my students and I would be in for a rough day.   Then, by noon, the market hadn't just clawed back all of it's losses, it had already sprung forward by another 800 points on top of that.  That's like a basketball team being down by 25 points and winning by 40.    While this major market swing can be interpreted in a multitude of ways, I'll start with this simple message:  Don't believe it.    The story regarding why the market swung in this way is about as flimsy as the one told by Jussie Smollett when he went out for a Subway sandwhich at 2 am in Chicago.   Some believe that this major market rally occured because an overheated Consumer Price Index report signals that inflation could be peaking and eventually headed south.   Are you serious?  What kind of crack does one have to smoke to believe that this story has merit?    To be clear, the argument basically says that because inflation went up higher than expected, this means that it's almost surely headed down.  This is not true.  Use this as an opportunity to sell or shave assets off the top.  There's nothing to believe about any of this.   With that said, I broke the issue down today on The Black Financial Channel.  Also, you're welcome to study stock options with me and my students tonight at DrBoycePrime.com.   Sincerely, Dr Boyce Watkins