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Andrew Davis

@AndrewMDavis2
 New York, NY
Joined March 2013
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cnbc.com/2019/11/14/who-make…
How bail keeps people locked up for being poor, and led to a $2 billion private industry

How bail keeps people locked up for being poor, and led to a $2 billion private industry

When someone finds themselves in jail, they can often gain their freedom while they await trial by posting bail. But even small bails amounting to just $500 or $1,000 can prove unaffordable for many....

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Andrew Davis retweeted
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CNBC
@CNBC9 Feb 2020
Square’s card readers have become a staple in coffee shops, stores and restaurants — not bad for a side project for Twitter CEO Jack Dorsey. So where did Square’s money come from, and can its prolific growth last? Watch the full video here: cnb.cx/2p8LyMy

How Square Makes Money

Square profits off a lot more than card swipes at your favorite trendy coffee shop.

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@CNBC12 Sep 2019
How the yield curve predicted every recession for the past 50 years cnb.cx/34HN9Ji
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@CNBC26 Aug 2019
Global military spending hit a post-Cold War high of $1.8 trillion in 2018. With a growing U.S.-China rivalry and fear of Russia’s resurgence, is the world entering a new era of great power conflict? Watch the full video here: cnb.cx/2zp6v7y

Why global military spending is on the rise

A growing U.S.-China rivalry and fear of Russia’s resurgence have helped push global military spending to a post-Cold War high. Is the world entering a new era of great power conflict?

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@CNBC5 Aug 2019
Until recently, socialism had been relegated to the sidelines of U.S. politics. Now, it's taken on more of a positive connotation. Watch the full video here to learn more about how socialism went mainstream in the U.S. cnb.cx/2STo3li

The rise of socialism in America

Socialism used to be a scary word in the U.S., but presidential hopeful Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez have helped to catapult it back into mainstream American politics.

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@CNBC28 Jul 2019
McKinsey's influence in business is virtually unparalleled. It’s all because McKinsey is the company that gets called when business leaders can’t (or don’t want to) solve a problem. cnb.cx/2In2Gnr

McKinsey may be a secretive consulting firm, but it's powerful

McKinsey & Company is a private consulting firm that doesn’t regularly disclose sales, profits, or even clients. But that hasn’t stopped it from becoming one of the world's most powerful companies.

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@CNBC7 Jun 2019
Understanding the new tax law is tough, especially for the ordinary investor, says @ReformedBroker. Here's what you need to know. cnb.cx/2IqoPl3 #investinyou (In partnership with @acorns.)

Josh Brown: What Trump’s tax bill means for your money

There are a lot of questions about if tax reform bill passed by Congress and signed by Trump in 2017 has benefited the economy. But there's no question that it’s been a boon to the investor class.

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Andrew Davis retweeted
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@CNBC7 Jun 2019
. @ReformedBroker breaks down how Trump's tax bill impacts your investments. #investinyou (In partnership with @acorns.) cnb.cx/2Ip2cxq

Josh Brown: What you need to know to protect your future wealth

Many investors don't regularly receive the sort of advice and information they would need in order to understand what new tax legislation means for their investments.

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Andrew Davis retweeted
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@CNBC9 May 2019
Joseph Stiglitz, a Noble Prize-winning economist, says there are “several problems facing the global economy.” - Trump’s protectionism - Trouble in Europe - Concerns about the stability of growth in China cnb.cx/2H00uBR

Joseph Stiglitz on the next recession

Noble Prize-winning economist Joseph Stiglitz offers his thoughts on what might cause the next recession from the floor of the New York Stock Exchange.

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@CNBC7 May 2019
Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money transactions less transparent. cnb.cx/2VglMFb

Why Joseph Stiglitz wants to shut down cryptocurrencies

Nobel Prize-winning economist Joseph Stiglitz says cryptocurrencies should be shut down. But he also says he sees value in more transparent, regulated electronic payments systems and digital payments.

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Andrew Davis retweeted
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@CNBC25 Apr 2019
Cold hard cash used to be king. Now, peer-to-peer payment apps are on top. But how does Venmo, one of the most popular payment apps, make money? Short answer: It doesn't. cnb.cx/2ZvPO6p

How Venmo makes money

Venmo has revolutionized the way people pay each other back for everything from lunch with friends to monthly rent. But have you ever wondered how this payment app actually makes money?

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Andrew Davis retweeted
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@CNBC29 Apr 2019
Venmo gets a list of keywords from regulators that it scans transactions for, looking for illegal activity. But how does it distinguish actual threats from jokes? cnb.cx/2ZvD5R9

Are your Venmo emojis getting flagged by the government?

Bill Ready, the COO of Venmo’s parent company Paypal, explains what type of posts the company is and isn’t required to report to authorities

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Andrew Davis retweeted
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@CNBC2 May 2019
Despite Venmo's success, it's not necessarily betting on the complete death of cash. cnb.cx/2ZvPO6p

Paypal COO: Death of cash will be "slower" than most expect

Bill Ready, the man who brought Venmo from no-name app to mainstream fame, says digital payments are growing rapidly but cash is far from dead.

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@CNBC8 Apr 2019
As an investor, you'll see days when the Dow is down hundreds of points. But does that mean you're more likely to lose your job? @ReformedBroker explains the relationship between the stock market and the economy. cnb.cx/2UhhlJM #investinyou (In partnership with @acorns.)

The stock market vs the economy explained

Josh Brown, CEO of Ritholtz Wealth Management, has an easy way to explain the relationship between the stock market and the economy: It's just like walking a dog.

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Andrew Davis retweeted
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@CNBC4 Apr 2019
Amazon is a huge company. But do you know how huge it really is? Watch the full video here: cnb.cx/2UlSqFa

How Amazon can pay no federal income tax

Amazon paid $0 in federal income tax in 2018. In fact, the company actually received a $129 million tax rebate. How does Amazon do it? And could America have a corporate tax problem?

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@CNBC4 Mar 2019
"I think the 'King of Debt' figured out that there's a difference between taking on debt to finance casinos and real estate... and having a national debt," @StephanieKelton discusses Trump's approach to debt and the 2020 election. cnb.cx/2TwenQy

Stephanie Kelton on Trump and 2020

Stephanie Kelton says Democrats are "swinging for the fences" with their policy proposals for 2020. She also says Trump appears to have changed his thinking on the deficit and debt since his 2016 run.

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@CNBC5 Mar 2019
Former chief economist of the Senate Budget Committee Stephanie Kelton doesn't see an imminent recession, but says that when it comes to headwinds, "anything could happen." cnb.cx/2Tpg0PL

Stephanie Kelton: Global slowdown "real" but U.S. economy "resilient"

Stephanie Kelton discusses headwinds facing the economy. She is the former chief economist of the Senate Budget Committee and was an economic advisor to Bernie Sanders' presidential campaign.

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@CNBC4 Mar 2019
People often talk about profit sharing as a way for workers and employees to gain a stake in the success of American businesses. But there’s been a way for the public to share in corporate success for more than a century: A dividend. cnb.cx/2EiIgKs

The Lost Art of Dividend Investing

Investors looking for a low-risk strategy might be pleasantly surprised.

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@CNBC16 Jan 2019
Robinhood, the controversial trading app worth $5 billion, is trying to take on Wall Street. The company has faced its fair share of criticism, but it could be a major player in banking moving forward. So can it live up to the legend? cnb.cx/2DbmjOb

Robinhood: The $5 billion trading app trying to upend Wall Street

Robinhood says it wants to "democratize America's financial system". But is it really that different than traditional brokerages?

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@CNBC21 Jan 2019
Legendary investor Jack Bogle was famous for making investing accessible to the everyday person through index funds. In this 1990s CNBC interview, you can see just how little his investing strategy changed over the years: cnb.cx/2DjQjqU

90s Bogle interview shows how little his investing strategy changed

Jack Bogle kept his investing strategy simple and consistent over the years. Listen to him spell it out for us in this CNBC interview from the 1990s.

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