The key question is whether there will be other similar cases appearing in the near future? I would steer clear of such banks and related products they sell given the incredible lapses in their risk management and potential future occurrences of similar incidents.
Credit Suisse Bondholders Left Guessing on Archegos Capital Hit
These days virtual currency becomes "hard asset" people chase after. Virtual reality is real.A day will come when people will dump virtual currency to buy gold just like the four seasons. Virtual reality is virtual.What is virtual and what is real? It is but a dream...
It does not taste as good as the real meat and why would vegetarians go for fake meat when they can eat fresh greens??However, I am a vegetarian and I view it as an option although not my preference. Hopefully more meat eaters will turn to beyond meat and this would be great.
Tesla and Nio retreating in a significant way. Nio is getting deeper into the red. Tesla buying bitcoin looks like it is trying to hitch a ride on bitcoin's speculative "growth"?End of the day, each company needs to deliver results in top and bottomline.
Fear and greed taking turns to storm the stock market.I prefer to invest into profitable companies and ignore market sentiments. Perhaps a good time to nibble at the moment.