Day: 4 September 2020

New You are able to (Business)Signs mounted all summer time the meteoric increase in the stock exchange was unsustainable. Bullish investors drove Tesla's market price roughly comparable to those of JPMorgan Chase (JPM) and Citigroup (C) -- combined. Apple's (AAPL) $2 trillion market cap lately surpassed those of the two,000 companies that comprise the little-cap Russell 2000. And also the S&P 500's forward market valuation rose to levels unseen because the us dot-com bubble. Excitement was clearly overtaking markets. The runaway train on Wall Street was finally derailed Thursday, once the Dow jones plummeted around 1,026 points, or 3.5%. It closed lower 808 points, or 2.8%. The Nasdaq tumbled around 5.8% as pandemic winners like Apple, Zoom (ZM) and Peloton (PTON) tanked. Ev...

Hong Kong (CNN)In the middle of the leafy, mountain-top campus from the Chinese College of Hong Kong stands a duplicate of the giant statue erected by protesting students in Beijing's Tiananmen Square in 1989, before a bloody attack by Chinese troops. A monument to freedom, the "Goddess of Democracy" has lengthy been symbolic of Hong Kong's pro-democracy movement, and proof of the freedoms the semi-autonomous city has enjoyed when compared to remainder of China. During anti-government, pro-democracy protests this past year, when CUHK itself grew to become a vital battleground between demonstrators and police, the statue was capped having a yellow helmet much like individuals worn by protesters, and bedecked having a placard studying "Hong Kongers, resist." It had been largely ...