The NASDAQ closed red yesterday. Its been on a hell of a run. Back to all time highs in 50 odd days. Checkout yesterdays record volume. Massive volume can often indicate a change in trend. Some big people did some big things in yesterdays market. One to watch.
Lockdown boozing in the Covid era is a popular way for friends to socialise over the wire(less). Will be interesting to see the long term impact on the local pub, people will have been used to paying £1 a beer instead of the £5 – £6 a beer for 3 months now. I love the…
Bitcoin made a short lived effort to clear 10,000 yesterday. It was never going to be straightforward with so many eyes on it.
Pretty much as you’d expect but a good read none the less. Read the report here.
Goldman hosted a conference last week ‘US Economic Outlook & Implications of Current Policies for Inflation, Gold and Bitcoin (15th in our COVID-19 Series)‘ Joe sums it up best. Old wall.
A month or so ago I repositioned the allocation in my SIPP. S&P500 has too many yesteryear businesses in it. Businesses which are going to struggle for growth in the new world. High street brands are worth much less in the new world. The brands relevant to the next generation will primarily be digital brands.…
In the UK going on holiday and staying in caravan or a tent feels like its had a renaissance in the last few years. The UK caravaning & camping club is approching a million members. You can probably see the renaissance by looking at your Facebook or Instagram feeds. In the US RV’s are a…
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