Month: April 2020

In every market crash, there is always at least one epic investing success story – someone who saw big trouble coming and didn’t just avoid it, but scored windfall profits because of it.
Last time around, in 2008 and 2009, that success story was so big that Hollywood made a movie about it – The Big Short.
Given that The Big Short had an A-list cast that included Brad Pitt, Christian Bale, Ryan Gosling and Steve Carell… chances are that you saw it.

The story was so good that The Big Short even earned several Academy Award nominations.
If you didn’t see it, here …read more […]

Stocks futures kicked off the overnight session little changed on the heels of another down day during regular equity trading, during which the Dow solidified its worst quarterly drop since 1987. …read more […]

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(Bloomberg) — Tesla Inc. tends to pull out all the stops at the end of each quarter, with Chief Executive Officer Elon Musk often rallying the troops to deliver as many vehicles as possible to customers.This approach probably didn’t work well for Tesla in March, with shelter-in-place orders and distancing guidelines around the globe limiting how many vehicles the company could hand over. While Musk tried to salvage the quarter by introducing a “touchless” delivery option in select locations, the coronavirus pandemic is expected to have done a number on demand for all automakers.Analysts on average estimate Tesla delivered roughly …read more […]