By SIMON CONSTABLE
Ouch!
Tesla Inc’s (TSLA) stock has taken a tumble over the last few week, falling almost 30% since January 26.
That’s hundreds of billions of dollars wiped off the value of one company in a matter of weeks.
What it doesn’t mean is the electric vehicle (EV) party is over, according to recent research from Swiss bank UBS. Read more here.
By SIMON CONSTABLE
Cryptocurrencies hit the big time in January, but doesn’t mean they are money. Not yet anyway. Read more here.
By SIMON CONSTABLE
Too much leverage strikes again in the stock market!
It’s at least the second time in 2021 that investors using leverage to enhance their returns has sent the market into turmoil. Read more here.
By SIMON CONSTABLE
Over the past decade, economists such as Nobel laureate Paul Krugman have increasingly urged countries to embrace more government borrowing. But recent experience from the COVID-19 pandemic shows that too much debt can be a significant problem. New research shows that specifically during periods of crisis, nations with stretched finances will more than likely be penalized by financial markets and see their borrowing costs rise. The findings have significant implications for global policy. Read more here.
By SIMON CONSTABLE
Margin debt is a sometimes-overlooked but key part of the stock market that is particularly pertinent right now. Read more here.
By SIMON CONSTABLE
No, high-frequency algorithmic traders are not messing up the stock market.
The reality is that HFT (high-frequency trading) is helping to stabilize the exchange-traded fund (ETF) market by ensuring that the price of the funds stays close to the net asset value (NAV) of the holdings, new research finds. That should benefit all investors not just Wall Street professionals. Read more here.
By SIMON CONSTABLE
It’s official. In Britain, Uber Technologies drivers are now employees and not gig workers.
The deal is a (minor) blow to the ride share company, but could become a major hit to the broader economy if policy makers don’t show restraint. Read more here.
