Feb 6, 2022 | Investments
When the Reddit crowd invaded the stock market with insensible ideas last year, it began a cycle of craziness never seen before. Stocks bordering on bankruptcy or some already in bankruptcy became the favorite of retail investors who had little prior knowledge of...
Jan 23, 2022 | Investments
Stocks capped their worst week in nearly two years with another round of intense choppy trading. Both the S&P and Dow closed out their third straight week of losses, down 5.7% and 4.6% respectively, while the Nasdaq Composite plunged 7.6% for the week, its worst...
Jan 3, 2022 | Investments
With another blockbuster year of stock market returns behind us, it is easy to delude ourselves into thinking that 2022 will be another year of double digit returns. While there is a chance, albeit small, that we could witness the unprecedented bull run continuing...
Nov 21, 2021 | Investments
The three most influential economic minds of all time are, and few would dispute – Adam Smith, John Maynard Keynes, and Milton Friedman. In these times of rising inflation, the world needs a little bit more of Friedman. The Nobel Prize winner, best known for the...
Nov 14, 2021 | Investments
The most high profile rewiring is General Electric, in decline since 2008, which announced that it is spinning off its businesses into three separate companies – Aviation, Energy and Healthcare. Toshiba, another company that has been struggling for a decade,...
Oct 31, 2021 | Investments
Elon Musk, CEO of Tesla, took another step in defying conventional wisdom by agreeing to provide Hertz with 100,000 Teslas to be delivered by next year. The news was extremely well received by Wall Street and took Tesla’s market cap past $1 trillion and in the process...