Shares in Evergrande have been suspended in Hong King trading. International bond sales by Chinese developers have all but halted.
However, Whitehaven also reported a 4% drop in saleable coal production, hit primarily by falling sales in its Narrabri Mine in New South Wales, attributed to shipping delays amid adverse weather. Whitehaven Coal [ASX:WHC] shares…
The only thing we don’t align on is the scale. Whether the next sell-off will merely be a big one…or THE Big One.
Why isn’t there full disclosure on the green investments held directly or indirectly by the high-profile climate spruikers?
The deal sparked buying activity in both stocks, with Ampol [ASX:ALD] share price currently trading at $30.22 per share, up 3.60%. ZEL shares, in turn, are currently up 6%, exchanging hands for $3.42 a share.
The Fed added about US$4 trillion to its balance sheet (new money!) since March 2020. Someone will have to pay for it.
Around the year 800, the Tang dynasty in China ran into a small problem. They were running out of cash. Cash at the time being copper coins.
And here we propose an answer: They are not really ‘investing’ at all. They are just gambling…‘taking’ not ‘making’ in a zero-sum game…and counting on the Fed to rig it for them.
The ugly truth is that having COVID provides up to 27 times greater protection than having the vaccine. It’s also worth noting the virus has few or no implications for an overwhelming proportion of the population.