ASX 200 News Weekly Wrap — Reviewing VUL, SYD, Bitcoin, and Gold
We review the week that was, from bitcoin reaching all-time highs, to gold breaking out amid inflation fears. Let’s start with reviewing the local ASX news.
Latest
Elon Musk is Changing the Way People Invest, and Why You Need to be Aware of It
Whether or not you want to call that collusion is in the eye of the beholder. Hell, like I said before, some people seem to think Musk’s poll is a form of market manipulation.
Nearmap Shares Tank 11% as AGM Update Fails to Impress (ASX:NEA)
Aerial imaging company Nearmap [ASX:NEA] is being squeezed heavily by the market today. At time of writing, the stock is down 11.4% and falling.
An Apocalypse of Melbourne’s Inner-City Real Estate Echoing the 1990s Downturn
If I were a property investor shopping in Melbourne right now, I’d be sitting on my heels and waiting to see if the atmosphere cools further next year.
‘2020’s Most Important IPO’ Sets the Stage for a New Biotech Boom
It was an opinion piece discussing the recent listing (at the time) of Compass Pathways PLC [NASDAQ:CMPS]. A biotech stock with a very distinct twist…
China News Flow: Same, Same…But Different
It hasn’t held above US$100 — something I thought it would do. Iron ore inventories appear to be rising in China (if we can trust the data).
