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Old 08-04-2020, 03:18 PM   #5750
Stewie Stewie is offline
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Join Date: Oct 2006
Location: West of the Equator
Casino cash: $-1580099
I'll jump in on a Tuesday because there was significant news.


The bond market and US Treasury debt is now offering negative returns. Those big pension funds that are already underfunded are being asked to pay these financial instruments for holding their money.

Virgin Atlantic filed for bankruptcy today. One of the best run airlines in the world is asking for billion$ from the UK and US (and their debtors) to keep afloat. They will run out of money next month. Wanna invest in airlines?



Novavax, one of the darlings in the Covid-19 vaccine world is getting hammered after hours. Their vaccine is not meeting expectations. That stock has gone meteoric since March. This is the risk in investing in the winner to the race to a vaccine.


Real estate and gold continue their move to the upside.

Good investing and make lots of money in this weird market.

Stewie

Last edited by Stewie; 08-04-2020 at 03:39 PM..
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