There will be another pandemic. A month or so ago, the ‘Oracle of Omaha’ Warren Buffett predicted a new pandemic that could be worse than COVID-19…
The past 18 months have revealed deep divisions within Australian society, huge flaws in our political leadership, and weakness in our governance processes.
In our modern materialistic society, money defines everything. Even if you shun material wealth, money is still the denominator for your labour.
The thing to keep in mind with bitcoin is that it’s not always about the token’s value (the bitcoin price). That, viewed in isolation, is practically useless.
While everyone marvels at the size of the Fed’s balance sheet and the ‘money printing’ that led to its expansion, there is less focus on the velocity of money.
Different liberal thinkers had different views on how much the state should intervene to safeguard the vulnerable and ensure a relatively egalitarian society existed.
That the majority of Australians believe they have a 38% chance of dying if they catch COVID is all the proof you need. It shows the government and media’s fear campaign has worked.
Huge amount of capital flowing into the mega-cap tech stocks like Apple, Amazon, and Microsoft. Since the COVID crash, the NASDAQ quickly recovered and reached its old highs by June 2020…
‘The production of these chemicals is an evolutionary design to get you out of what has historically been a more pressing threat than a wobbly stock market.
Thanks to the fall in long-term bond yields in recent weeks, investors are back buying ‘growth’ stocks. Lower bond yields mean a lower discount rate, which means higher valuations for stocks with distant growth prospects.