Daily Archives: September 8, 2020

While the largest tech companies have leapt in price, aggregate earnings for NASDAQ 100 companies have fallen 30% year to date.  Before last week’s modest sell-off, the largest five–Apple, Microsoft, Amazon, Facebook and Google (Alphabet)–accounted for a record 23% of … Continue reading →

Good update from Wolf Ritcher this week.  Leverage and speculation drive boom and bust. SoftBank was only a cog in the huge machinery. Here is a direct audio clip.