Just Googled a chart of the FTSE 100 - around 7000 in 2000, around 6200 in 2020. This compares poorly with the S&P 500, for example. Why is the FTSE is stuck?
Just Googled a chart of the FTSE 100 - around 7000 in 2000, around 6200 in 2020. This compares poorly with the S&P 500, for example. Why is the FTSE is stuck?
Nevertheless it is still stark.
The B word.
High gold price means that the market knows that governments are printing money
2002 Internet stocks burst. 2008 Financial Crisis. 2016 Brexit vote. 2020 Covid.
Worth taking the time to listen to this guy. China reacted so strongly to that recent Beijing market outbreak because those that have recovered from the 'middle' strain are not necessarily immune to the 'lastest' strain. Food for though.
S&P 500 had to endure those events as well.
Better source here (not from a permabear):
https://www.scripps.edu/news-and-ev...2-choe-farzan-coronavirus-spike-mutation.html
"Encouragingly, the duo found that immune factors from the serum of infected people work equally well against engineered viruses both with and without the D614G mutation. That’s a hopeful sign that vaccine candidates in development will work against variants with or without that mutation, Choe says."
So the D614G mutation appears to make COVID-19 more infectious, but there is no evidence that it results in higher mortality, and there is evidence that immunity to non-D614G protects against D614G.
Yeah, that guy is a bit of a bear.
It's tricky to know what to believe ATM