“The technology and increasing use of artificial intelligence and increased productivity will also substantially increase the wealth gap, the job gap, the wealth and ideological conflicts within countries...”
The third-quarter earnings session is upon us, and many companies have indicated that a “strong” dollar will hit their bottom lines. The S&P 500’s technology sector along with firms that produce materials, energy companies, and consumer staples are all in the crosshairs of a strong dollar.
Parts of the Tech market are still playing to a suspension of rational investing – and I am concerned a further tumble in unicorns could destabilise solid tech.
October 28, 1929 - 90 years ago this week - is known as ‘Black Monday’ in financial circles... Ninety years later, we thought it would be prudent to look at three key insights from that historic crash...
The point here is simple. No professional, or successful investor, ever bought and held for the long-term without regard, or respect, for the risks that are undertaken...
S&P 500 futures edged lower, and European market slumped into a sea of red led by the FTSE 100, while tech names dropped after Alphabet earnings missed.