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The Groupthink Pandemic
The Groupthink Pandemic Tyler Durden Sat, 07/11/2020 – 07:00 Authored by Kevin Smith via Off-Guardian.org, Groupthink is all around us. Decision-making in government, in the media and at work. It’s slowly killing the world. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> In the background of the most important events, the Covid-19 response and increasing tension and conflict… Read More
Weekly Commentary: Utmost Crazy
The Shanghai Composite surged 7.3% this week, increasing y-t-d gains to 10.9%. The CSI 300 rose 7.6%, with 2020 gains of 16.0%. China’s growth-oriented ChiNext Index’s 12.8% surge boosted year-to-date gains to 54.5%. Copper jumped 7.1% this week. Aluminum rose 4.6%, Nickel 4.0%, Zinc 8.3%, Silver 4.2%, Lead 4.2%, and Palladium 3.5%. China’s renminbi advanced… Read More
“Wild Ride to Nowhere”: APPL, MSFT, AMZN, GOOG, FB Soar to New High. Rest of Stock Market is a Dud, Has Been for Years
The market has come to totally depend on the “Giant 5.” A scary out-of-whack weight on the way down. By Wolf Richter for WOLF STREET. The “Giant 5” – Apple, Microsoft, Amazon, Alphabet, and Facebook – had another good day on Friday, with their combined market capitalization rising by 0.6% to another new high of $6.64 trillion, continuing… Read More