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Tag Archives: Market

Why bullish investors could mean the death of this stock market

There will be a lot of rejoicing for a Friday, and we can thank China for part of it. The better-than-expected US growth data for the world's second-largest economy on Thursday was bolstered by an optimistic manufacturing survey. This worries some worries about a global economic meltdown, at least for now. An even more optimistic trade between the US and …

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Electric Polestar 2 is a mass market Tesla Model 3 Fighter

Over the past years, the global automotive industry has developed into a two-part consensus: First, the future of driving is to drive with electrons rather than explode with petroleum. Second, the best way to package these electrons is in the kind of vehicle people really want: an SUV. Audi has the E-Tron, Jaguar the iPace. Cadillac is leading the electrification …

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Billionaire list shows $ 1.5 trillion hit from 2018 market meltdown

The stock market meltdowns in 2018 obliterated $ US1 trillion ($ NZ1.5t) of the fortunes of the world's richest individuals, with more than 212 Chinese tycoons losing their dollars billionaire status, according to a wealth compiler Hurun Report. Forbes Forbes Chinese billionaires still outnumbered those from any other country as of January 31, at 658. Several newly minted ones have …

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What can we learn from the biggest crypto market crash of the year?

Digital dust has settled and the crypto markets are holding nearly $ 130 billion after the largest one-day landfill in 2019. The last time the crypto markets fell off the digital cliff so fast this year was January 10 after a similar event. The mini-bull run increased the market capitalization to a high of $ 138 billion. In a quick …

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Lyft's IPO is a pure bet on the US passenger market

Lyft's IPO, which could follow next month, could serve as an icebreaker on the frozen IPO market. US deals have fallen sharply, mainly as a result of the longest government shutdown in American history. The documents give Wall Street an insight into the value of Lyft's worth of $ 25 billion. Key questions include how close Lyft is to profitability, …

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The price of bitcoin rips behind $ 4,100, the crypto market capitalization reached $ 139 billion

The Bitcoin price soared on Saturday, breaking psychological resistance at $ 4,000. He stretched for just over $ 4,100. The flagship's cryptocurrency moved to $ 3,900 for most of the week on February 18. Trading volumes began to decline and some analysts asked if the market would consolidate before rebounding. The Bitcoin Prize scored another $ 4,000 on Saturday. Overall, …

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"Father of Reaganomics" says, "Get out of the market" – bond and stock market – "and invest money in cash"

David Stockman, the so-called "Father of Reaganomics," is back with his latest fate prediction for Wall Street and the broader economy, even as the stock market hits new highs for the year. The 72-year-old politician and businessman who was director of the Office of Management and Budget under President Ronald Reagan in the 1980s, told Neil Cavuto of Fox Business …

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A prominent Wall Street permabear says the stock market is 'stoned on free money' and it could 'prove fatal'

One prominent strategist says the market is high literally and figuratively. Albert Edwards, global strategist at Société Générale, was stoned on free money, "leaving them" detached from reality. "It's a condition that the strategist says could prove fatal," in the end [19659002] US equity benchmarks – and those across the globe – have rooted back from a late-2018 December, 2009, …

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