In a hardscrabble crater on Mars, a tiny helicopter with a smartphone brain is now days away from trying the first powered flight to another world. NASA hopes that its spindly robotic helicopter, named ingenuity, will prove that thin flight is possible in dangerously thin Martian air and help us …
Read More »What is Archegos and how did it reach the stock market?
According to people familiar with the transaction, investor Bill Hwang caused a storm in the stock market last week when his firm, Archegos Capital Management, and its banks began reducing their holdings in blue-chip companies, according to people familiar with the transaction. The sale has sent shifts to individual stocks …
Read More »Friday’s jobs report will be released on the closed stock market – the only 12 times since 1980
Good Friday is next week and the markets will be closed as usual. What is unusual, however, is that the U.S. And with financial exchanges closing in some other parts of the world, the government is preparing to release a major report on employment amid the epidemic. Why is the …
Read More »Heard immunity won’t save us – but we can still beat Kovid-19
The idea of ”mob immunity” against Covid-19 has gained almost magical status in popular imagination. Once we reach that threshold, many Americans believe, we will be clear, and the epidemic will eventually fade into history. But we are not likely to reach the immune system of the crowd with Kovid-19. …
Read More »The housing market is already on fire, and inflation will follow soon, argues former Morgan Stanley economist
The bond market has stabilized after a massive sell-off, and the stock has been relieved. Technically dominated Nasdaq Composite COMP Over the last nine seasons and Russell has advanced to 2000 Root U.S. After the election, the small-cap index gained 2.8% to reach 2.35%. Will peace continue? Manoj Pradhan, former …
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