The post-March stock rally is following the returns after the financial crisis. That suggests stocks could still see another 20%-plus returns. The move is driven by zero percent interest rates, not fundamentals. The stock market rally of 2020 has been compared to the late 1990s “devil may care” pre-internet bubble crash. A better analogy would…
The U.S. government will impose new restrictions on state-owned Chinese media outlets and plans to halt Chinese airlines’ access. The stock market remains unfazed by it, slightly retracing by 0.16% following a 2.05% gain on June 2. Equities are seemingly pricing in degrading U.S.-China relations. The U.S. government will impose new restrictions on Chinese media…
Hong Kong marble stock ArtGo plunged 98% in a day earlier this week, wiping out $5.7 billion. It’s the latest in a string of massive Asian stock bubbles including Kasen International and Tibet Water. Recent trading bubbles makes bitcoin’s ‘bubble’ look practically placid. One of the world’s best-performing stocks just took a 98% hammering when…
Amazon selling 12-month PS Plus membership for less than $25.00. That’s half the usual list price and the lowest we’ve seen it. Stocking up now lines up subscribers for the PlayStation 5 launch and beyond. It looks like the Black Friday deals have come early this year. Amazon currently has a listing for a digital…
