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COVID Market Bubble Explained in One Chart (M1)

February 26, 2021 RickMad Comments Off

GlobalIntelHub: Markets ranging from ‘meme stocks,’ real estate in select areas, Pre IPO, and many others are going nuts. Inventory is being sold out, and prices are ballooning. Companies are SPACing into public markets quicker than […]

Wealth

The World’s Richest 10 Men Doubled Their Fortunes To $1.5 Trillion During The Pandemic, Says Oxfam

MarketWatch.com: The world’s top ten billionaires increased their wealth by $1.3 billion a day, or $15,000 a second, during the global pandemic. That’s according to a new report from global [...]
Cryptocurrency

SEC Chief Gary Gensler Braces for Clash With Crypto Traders

WSJ: Gensler wants to regulate digital assets to the same extent as stocks, bonds and commodity-related trading instruments. Securities and Exchange Commission Chairman Gary Gensler this week declared war on [...]
Economy

Inflation Has Plummeted But These Prices Are still Soaring

ABCNews.com: Prices for some staples are rising six times faster than overall inflation. A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end — [...]
Economy

‘Flood Gates are About to Open’: Bank of America Just Boosted its Forecast for 2021 US GDP Growth for These 3 Reasons

BusinessInsider: The US economy is set for “stellar” economic growth in 2021, Bank of America said in a note on Monday.The bank increased its 2021 US GDP growth estimate to [...]
Stock Market

105 Stock Market Statistics/Facts To Blow Your Mind 2021

LiberatedStockTrader.com: 105 Amazing Fully Researched Stock Market Statistics & Trends You Need to Know in 2021. Did you Know That Apple is Worth More Than Canada’s GDP? I have spent [...]
Housing Market

Homebuilder Sentiment Drops Sharply, As Mortgage Rates Surge Over 7%

CNBC.com: uilder sentiment dropped 6 points to 50 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Anything over 50 is considered positive. Mortgage rates [...]