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Showing posts from November 25, 2020

Wednesday - Happy Thanksgiving! An evolution from harvest celebration to the joy of stock market highs

 Stock futures and Dollar valuation seems to be untouched, while jobless claims rose to 778k. Exxon cuts oil price outlook for the next decade.  Dow Jones did hit record high yesterday, surpassing 30,000 points. This record comes just 4 years after it hit 20,0000 and 14 years after it met 10,000 points. While Bitcoin is at record highs, it's still suggested that you must keep at least 1 to 5 percent of your investment on this cryptocurrency.  Happy thanks giving. While every year people gather around the table and talk politics and economy, this year families might stay apart, at least in some regions. It's a good reminder however that at around the same time in 1999 tech bubble geared up, in 2017 cryptocurrencies got shoot to the moon, in 2014 oil crashed and Dubai defaulted in 2009; are some highs and lows of previous thanksgiving discussions. Although we are at record highs in regards to Dow Jones, Bitcoin, electric cars and lots of tech companies, but, the after math ...