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While the White House has pushed for a quick approval of a nationwide coronavirus vaccine, China and Russia have already begun a mass rollout of theirs — before clinical tests are complete. In the U.S., two companies have revealed their secret blueprints for vaccine trials, a move meant to ease suspicions that President Donald Trump’s rush to produce […]
Zero Hedge 09/19/2020 11:09
From Brilliant To Brain-Dead: The Risk Of Timing Manic Markets. Sat, 09/19/2020 - 11:09. The Hazards of being In the Grip of a Growth Mania. In , and , Kailash documented:. Big Data is being used to substantiate indefensible valuations and assert that traditional valuation is dead. Firms benefiting from this like Carvana, Tesla, Uber, and many others are no different than the firms which, in the internet bubble, literally issued stock to sustain fundamentally failed businesses. The historically failed "addressable market & winner-take-all" rationale today is identical to 1999. This narrative device "...i.

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