Ziemowit
9 Sep 2020
Off-Topic / Stock Market and Trading Talk [1011]
These days Tesla has hit a $330 low. A free fall from about $500 a share at the end of August it seems.
The current monetary policy of the central banks in the world including the Federal Reserve means that various assets are likely to grow overpriced and prone to speculation on a larger scale. Allocation of resources has greatly deteriorated due to the low and even negative interest rates.
The market took a huge hit today.....worse since the virus shutdown.
These days Tesla has hit a $330 low. A free fall from about $500 a share at the end of August it seems.
The current monetary policy of the central banks in the world including the Federal Reserve means that various assets are likely to grow overpriced and prone to speculation on a larger scale. Allocation of resources has greatly deteriorated due to the low and even negative interest rates.
