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Business News

Trump sees ‘very good chance’ of China trade deal, says no link to Biden probe request

U.S. President Donald Trump said on Friday that his administration has a “very good chance” of making a trade deal with China, and insisted there were no links between China talks and his desire for Beijing to investigate Democratic presidential candidate Joe Biden.

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Trading Ideas

Gold Confiscation, $90K Bitcoin and IPOs Gone Wrong

What a crazy few weeks it’s been. There are a bunch of different topics I want to discuss today, so we’re going to look at three stories, with brief commentary on each.
IPOs Are for the Last Investors in Line
This is a devastating take on the IPO market, courtesy of Naval Ravikant, Babak Nivi and the rest of the team at Spearhead.
Naval: By the time a company goes public, you can bet anybody with connections, an appetite, investing skills and capital got a bite at it. So if you’re investing in a tech company’s IPO, you are literally last in line. …read more […]