Australia is seeing its first recession in 30 years! COVID really was unprecedented
The US only added half of the anticipated jobs in August signalling a slower-than-thought recovery
The NASDAQ 100 has run green for 11 of the past 15 sessions and is up over 10% across those 2 weeks. Ordinarily, I’d say we’re in for a consolidation but I’ve thought that for months!
Crypto taking a breather and I’m eyeing out Ethereum. The growth of DeFi has been spectacular
Whiting Petroleum has completed the re-organisation of their business following filing for bankruptcy. The business was hard hit by COVID and saw the price rise in a similar way to hertz following their bankruptcy filing. There’s a great post on the details here
More free money for the free markets are buoying EU and US indices
The Tesla and Apple splits have been so successful I’d expect to see more soon, in particular, Amazon and Google
Nvidia announced a set of new gaming chips for their GPUs. These will use Micron and Samsung tech, so the price of all 3 are nicely up today