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b"In this episode of the Planned Solutions Incorporated Podcast, The strong rebound in stock prices over the past two months has partially been due to short sellers reversing their bets against stocks. The short interest, the number of shares borrowed and sold, reached a high in mid-June but has since declined. Often when stock prices increase short sellers will engage in panicked buying as they\\nrush to buy shares to repay the shares that they borrowed before the share prices increase further.\\n\\nAlso, the meme stock craze (investors buying shares of companies that are thought to be near bankruptcy based on a recommendation from internet message boards) looked like it was running out of\\nsteam this year as the share prices of recently popular meme stocks crashed. However, there appears to be a new round of get-rich-quick\\ninvestors distorting stock prices with their high-risk trades\\n\\nAnd, The IRS has extended and increased the tax deduction allowed for K-12 educators who spend their own money on classroom supplies. The above-the-line deduction, which is allowed in addition to the standard deduction or itemized deductions, was increased from $250 per educator per year to $300 starting in 2022.\\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board- Planned Solutions has hired a new part-time research analyst to help share the work of updating our ever-expanding list of investment research models. Cern Lee joined the firm on August 15th\\nand will work on updating investment research and compiling economic and financial data for the investment committee to review. Cern has a background in finance and taxes as well as working\\nwith Customer Relationship Management software both in the US and in her native Thailand before taking some time off to start a family. For the time being, Cern will not have any client-facing responsibilities but will be providing support behind the scenes to improve our client service and expand our investment research capabilities.\\n\\nChase participated in the Chartered Financial Analyst (CFA) Society of Sacramento\\u2019s annual golf tournament. In addition to being a fun day on the links, this tournament is always a great opportunity to network with other financial analysts and \\u201ctalk shop.\\u201d In Sacramento the majority of the CFA Society members work at two of the nation\\u2019s largest pension funds, California Employees\\u2019 Pension Services (CalPERS) and California State Teachers Retirement Services\\n(CalSTRS) making it a great opportunity to learn what changes are occurring at these institutions both from an investment and participant services standpoint. \\n\\nPlease mark your calendars if you will be able to attend.\\nDate: Friday, September 9th, 2022\\nLocation: Rancho Murieta Country Club \\u2013 South Course\\n7000 Alameda Drive\\n ancho Murieta, CA 95683\\nTime: 12:30 pm shotgun start with a dinner to follow\\nAll profits go to cancer research and education. You can help by attending the tournament or\\ndonating. Not golfing? Bring friends and attend the dinner.\\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nwww.amazon.com/Financial-Planning\\u20261586894022&sr=8-1\\n\\nTo subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com\\n\\nThe Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.\\n\\nPlanned Solutions, Inc."