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Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Boom, then Bust? February 20, 2021, 8:22 AM·36 min read Well, the S&P may not have done much this week, but there were clear signs and signals that the conditions fueling the current bubble(s) are going to continue — and that the bubble(s) themselves are still bubbling away. Elon Musk, in some ways the man of the bubble (I do hope that comment doesn’t disqualify me from some space tourism), got to the point. Billionaire Elon Musk defended Tesla Inc.’s $1.5 billion Bitcoin investment on Twitter, calling the cryptocurrency a “less dumb” version of cash. “When fiat currency has nega...

Solution is not to ‘empower poor people to bankrupt themselves’ with margin accounts

Feeling tired, Clevelanders? Time to focus on how long you sleep real cities that don't sleep. A recent Bloomberg Opinion piece points to new data published by The Real Deal that looks at the cities where the highest percentage of residents get insufficient sleep, defined as seven hours or less each night. As Bloomberg Opinion's John Authers writes, "Sleep matters, and we don't get enough of it. That, it appears, is because of the pervasive ills in society that are also provoking people into squeezing short-sellers; contrary to much perception, sleep deprivation afflicts the poor more than t...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. SRAX (NASDAQ: SRAX) Helps Public Companies Connect with Current, Potential Small Traders SRAX, Inc.February 1, 2021 GMT NEW YORK, Feb. 01, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – SRAX (NASDAQ: SRAX) announces the availability of a broadcast titled, “Trade Volume Explodes as Retail Traders Make Their Mark.” To view the full editorial, please visit:  https://nnw.fm/bEaWX ADVERTISEMENT Noting that for the last half century markets have grown more institutionalized, Bloomberg senior editor J...