By SIMON CONSTABLE
Are we in a financial bubble?
There appears to be no end to news stories claiming that indeed we are experiencing one. But the truth is likely the opposite because when you are in a bubble you are likely the last to know. Read more here.
By SIMON CONSTABLE
Last week I got a call from a friend who told me that Tesla
He noted that the stock was recently trading at $883 a share but that some people were buying call options at around $1,000 more a share. That’s approximately $1,900 if you were wondering.
“Tesla at $1,900 is free money,” he said. Read more here.
Photo by Torbjorn Sandbakk on Unsplash
By SIMON CONSTABLE
We like to view it as a critical benchmark for United States presidents—the first 100 days in office. After all, Franklin D. Roosevelt certainly made good and historical use of his first three and a half months, accomplishing great strides in 1933 to help turn the tide on the Great Depression. The only problem is that reality doesn’t quite come out so neatly. Indeed, it has been just the reverse, and one has to wonder how the Biden administration will work out. Read more here.
By SIMON CONSTABLE
For years, skeptics have warned that the popularity of passive funds could destabilize the markets, making the latter more volatile than they would otherwise be during times of economic stress. Read more here.
By SIMON CONSTABLE
When investors first read or hear the term “Brobdingnagian base” they might be taken aback. Not only is “Brobdingnagian” a mouthful to pronounce, it is a literary reference that at first glance might seem unrelated to finance. Read more here.
By SIMON CONSTABLE
Increased global demand, together with recent supply cuts, could spark a more than 20% rally in oil prices this year, experts say.
“We expect prices to peak at $65 and remain in the range $55 to $65,” says Art Hogan, chief market strategist at National Securities Corp. in New York.Futures contracts for light sweet crude were recently fetching $53 a barrel on the Commodities Mercantile Exchange. Read more here.
By SIMON CONSTABLE
Weary tax payers may remember the banking bailout of 2008. That’s the time when the Federal government forked over $700 billion to financial institutions in order to save the banking system.
Was that favor returned to businesses in need during the recent Covid crisis? No. Read more here.
