It seems to us that we may have the financial-market equivalent of the ‘Stockholm Syndrome’. Perhaps investors in Tesla have become hostages, and now feel sympathy with the company — in the face of what seem to be severe financial problems.
Commodities continued their correction in overnight trading. Gold fell 0.5%, and now trades below US$1,200 an ounce. Brent Crude fell 0.3%. Coal, iron ore and aluminium all declined too. Only copper bucked the trend, rising 0.4%.
This Stock Market Mini-Bubble Could Burst at Any Moment
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