The Traderszone Network

Remarks by China’s cabinet via state media
That is a bit of a mouthful but essentially China is just reaffirming that they will be there to address the power crunch, after having earlier sought to increase coal output . This doesn’t put an end to the energy crisis but at least it alleviates some pressure for

A steady flow of negative news in recent weeks has disrupted the stock market’s latest bullish run. The U.S. debt ceiling debate and concerns about China created volatility that has sent the S&P 500 index down as much as 5% from record highs set just over a month ago.

But volatility and healthy corrections are nothing new for the stock market. In fact, most years we typically see at least a 5% down move at some point. What’s important is not to panic, and remember that no negative event has ever permanently derailed the U.S. markets. 

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A steady flow of negative news in recent weeks has disrupted the stock market’s latest bullish run. The U.S. debt ceiling debate and concerns about China created volatility that has sent the S&P 500 index down as much as 5% from record highs set just over a month ago.

But volatility and healthy corrections are nothing new for the stock market. In fact, most years we typically see at least a 5% down move at some point. What’s important is not to panic, and remember that no negative event has ever permanently derailed the U.S. markets. 

read more

Dow Jones Surges As Schumer Takes Debt Deal; Tesla Stock Gains, Elon Musk Reveals HQ Move

Dow Jones Surges As Schumer Takes Debt Deal; Tesla Stock Gains, Elon Musk Reveals HQ Move

You wouldn’t expect a 97-year-old to necessarily have a lot of patience, but legendary investor Charlie Munger is doing just that with one of his holdings.
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You wouldn’t expect a 97-year-old to necessarily have a lot of patience, but legendary investor Charlie Munger is doing just that with one of his holdings.
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