US equities hit records Monday, as bemused market participants pondered a convoluted situation in Washington, where Democrats moved on Donald Trump’s demand that $600 direct
Day: December 28, 2020
Somebody Help Larry Summers. He’s Stuck In A Textbook
“Look, we need to help people,” Larry Summers said, in a kind of deliberate drawl on Monday, during another chat with Bloomberg Television. Taylor Riggs
Bitcoin, The $28,000 Derivative Of Netizens’ Collective Imagination
I suppose I’d be remiss not to mention Bitcoin coming off a Christmas rally that saw the digital token hit $28,300 by the end of
China’s Tech Titans Crumble At Xi’s Feet
Since peaking in October, Alibaba has now shed more than a quarter trillion in market value. The company’s shares dropped another 8% in Hong Kong
Let Reason And Science Guide Us. And Stimulus. Lots Of Stimulus.
Equities looked to rise coming off the Christmas break, buoyed by Donald Trump’s decision to sign the bipartisan virus relief legislation he derided as a