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Daily Archives: February 14, 2023

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  4. 14

ARKK Of The Damned

Brokers/Fund Managers, Charting, US MarketsBy Chris TateFebruary 14, 20231 Comment

Here is a quick quiz. Hands up if you thought that during the previous calendar year, the chart below was a buy. If you answered yes then there is something wrong with you but you can take comfort in the fact that you are not alone. Among the 234 thematic ETFs on offer ARKK took…

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Minerals Are Crucial For Electric Cars and Wind Turbines

CommoditiesBy Chris TateFebruary 14, 2023

Over 20 years ago, two geologists made a stark prediction in Scientific American: “Probably within 10 years,” they wrote, “global production of conventional oil will begin to decline.” This argument, which became known as “peak oil,” captured public attention for well over a decade, sparking worries that abundant reserves of oil would give way to scarcity, runs…

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Inside Wall Street’s Gloom-and-Doom Racket

US MarketsBy Chris TateFebruary 14, 20231 Comment

Beyond popping up as talking heads on cable news, Wall Street analysts and economists serve an important purpose helping to guide the financial decisions of a wide array of investors — from average Americans worried about retirement to large institutions deciding where to put billions of dollars. At its best, Wall Street’s coterie of experts…

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