Posted on August 30, 2018
Last week the record of the longest US bull market of the history was broken. The bull run arguably went on for more than 3,453 days. During this period S&P500 gained 321 percent in value, totaling up to $18.4 trillion.
Posted on August 26, 2018
Gold might have lost some of the momentum it had at the beginning of the year, but price isn’t everything in this case. Chinese and Russian central banks are buying it endlessly. JP Morgan is also spending huge amounts of money on it. What is the reason? Many believe that gold can have a higher importance in the future than it has now.
Posted on August 19, 2018
Elon Musk announced on Twitter this month that he’d like to take Tesla private. Many believed that he was bluffing to teach investors with short interests a lesson. That might have serious (even penal) consequences. This week he published a long post on Tesla’s blog to clear some things up about his plan. It makes sense, but it’s still risky.
Posted on August 12, 2018
The euro may only exist since 1999 but it instantly became the second most important reserve currency of the world behind the US dollar. In its success the Deutsche Mark had a key role, but there were other factors, too.
Posted on August 08, 2018
Apple became the first US company that is worth more than 1 trillion dollars. Amazon is also on its way to reach the magic number. Still, that’s a figure hard to grasp, so we looked for some comparisons to better understand how much Apple’s really worth.