Recent Posts

Musk touts 146,000 orders for Tesla’s electric pickup truck

Bloomberg Tesla Inc Chief Executive Officer Elon Musk said the company has amassed 146,000 orders for its Cybertruck, less than 48 hours after the polarising vehicle was first shown amid shattered glass. The electric-car maker has a history of unveiling future products to throngs of excited customers, taking deposits, and then delivering years later. Two years ago, Tesla showed off ...

Read More »

High-beta stock trade seizes up after everyone piled in

Bloomberg The market, it’s said, finds a way to maximise the pain. For everyone who fell in love with cyclical shares just in time for them to drop the most in two months this week, it’s an adage they can relate to. Lurches in retail, technology and commodity stocks are spelling trouble for newly christened macro bulls, sending an exchange-traded ...

Read More »

Herd of pound bulls sees its potential unleashed in 2020

Bloomberg The chorus of bullish voices in favour of the pound is growing as investors become more confident the ruling Conservatives will win next month’s UK election. Funds are increasingly betting on the currency to strengthen as Boris Johnson’s party extends a lead against left-wing Labour in polls for the December 12 vote. BlackRock Inc and Goldman Sachs Group Inc ...

Read More »
Send this to a friend