SUBSCRIBERS
Expect the unexpected?
Published Sun, Jan 15, 2017 · 09:50 PM
RENOWNED hedge fund manager George Soros once said "stock market bubbles don't grow out of thin air, they have a solid basis in reality, but reality as distorted by a misconception''.
The relevance of this saying to today's market is, of course, whether risky assets like stocks have run up too much in anticipation of US stimulus that may or may not materialise.
That this may be the case was witnessed last w…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife files police report against former employees for ‘potential wrongdoings’
Michelin challenges EU’s hunt for evidence of tyre cartel
First Resources denies allegations of links to firms clearing forests in Indonesia
US: Wall St opens higher on megacaps boost; earnings, Fed comments
Abbott beats quarterly profit estimates on strong medical device sales
Tesla asks investors to approve Musk’s US$56 billion pay again