Stocks, bonds, art, housing, VC portfolios of billion-dollar startups… everything’s on the line.
Shares plunged 22%. The company denied all allegations, called the recordings “industrial espionage.” But wait…
Bonds with long maturities are sitting ducks – and thus ideal.
Bubble implodes, investors who bought into the hype get crushed.
To heck with crummy revenues and earnings.
Disturbing references to Crisis Year 2009 crop up in Fed reports.
Amazon reports loss, stock jumps15%, market cap jumps $25 billion. Party on.
Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
There is an existential crisis on Wall Street, especially in equities.
What the Fed is going on?! Gains evaporate back into thin air from where they came.