Access Denied 🚫

Access Denied

Novak Djokovic, one of the greatest tennis players to exist, is currently on a hunt. Djokovic is tied with Roger Federer and Rafael Nadal for the most Grand Slam titles by a male player with 20 each. This seems tied, but it truly isn’t. Federer and Nadal have started to age out of the game with nagging injuries, and Djokovic is in much better shape at a younger age. Finishing what had been a great 2021, Djokovic was looking to defend his Australian Open title, and break the record in the process. The key word here is “was”, because COVID has come in his way, and not in the obvious one.

With the Omicron variant dominating the globe, Australia is keen to keep their cases as low as they’ve been throughout the whole pandemic, and that includes a strict vaccine mandate. Djokovic is known to be opposed to vaccines, and the COVID vaccine is one of them. People believed that Djokovic wouldn’t be able to compete in the Australian Open as a result, but Djokovic was able to receive a medical exemption from the tennis committee there, sealing his path there. However, the Australian government decided to step in, and they have asked Djokovic to leave Australia. This led to the outrage of not only Djokovic, but his staff and the Serbian government. Australia has made their stance strong, saying that athletes will not receive silly exemptions and that Djokovic needs to have a reasonable medical exemption. Citizens mostly sided with the Australian government as they felt Djokovic shouldn’t be able to bypass restrictions that easily, and that makes sense as they’ve been on strict lockdown for 21 months so far. This marks another chapter in the COVID-19 vaccine mess, and we’ll see what the ultimate outcome is. Do you think the Australian government was justified?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

PGA Tour Enters Investment Talks 💪

29 September, 2023

As reported on Thursday, both Endeavor Group and Fenway Sports have displayed interest and begun discussions to provide investment in the PGA Tour.

Nike Just Didn’t Do It 📉

29 September, 2023

Providing one of the biggest earnings reports of the week, $140 billion shoe and clothing retailer Nike posted a significant slip.

Market Recap – September 28th 💰

29 September, 2023

After the 10-year Treasury yield bond fell off from its 15-year high, investors added some value back into the market, focusing all short-term attention on Friday’s PCE price index reading.

The Crude Oil Bust 🛢

28 September, 2023

Surging global crude oil prices, driven by factors like OPEC+ production cuts have pushed U.S. West Texas Intermediate futures to over $95 per barrel.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

learn

products

plan

Who we are

blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.

Access Denied 🚫

Table of Contents