The message was sent to the Norwegian prime minister, who has no control over how the Nobel Committee awards its prizes. Greenland is a territory of Denmark, not Norway.
They’re coming off a nine month long bull run. P/e values remain obsene, especially across the MAG7. And the money just keeps flowing, with banks seemingly unable to see credit risk on some of the shakiest assets since the DotCom bubble.
Whatever needs to happen to end this streak hasn’t happened yet.
People think they’re witnessing a market crash are delusional
I think it’s a little too soon to say if it’s a market crash or just a correction. The markets have been getting hammered the past few weeks, though.
They’re coming off a nine month long bull run. P/e values remain obsene, especially across the MAG7. And the money just keeps flowing, with banks seemingly unable to see credit risk on some of the shakiest assets since the DotCom bubble.
Whatever needs to happen to end this streak hasn’t happened yet.
It’s been a good time for shiny metals.
They’re great to hold when you’re worried about interbank lending getting locked up by sanctions.
Real lifesaver for Russia, too, since they’ve been gold heavy since the war started.
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That’s a graphic of the last twenty days