Speculative, expensive and beaten down – the stock market’s new leadership

uschools The middle of June marked a turning point for the stock market and new leadership has emerged for the recent run-up, according to Credit Suisse. Driving returns have been stocks that are Speculative (high correlation to Bitcoin (BTC-USD)), Expensive (high P/E), Beaten Down (52-week drawdown), Volatile (high correlation to falling VIX (VIX)) and Highly … Read more

On Paris trip, Saudi crown prince stays in the “world’s most expensive home” — a chateau built by Jamal Khashoggi’s cousin

During his trip to France to meet President Emmanuel Macron, Saudi Arabia’s Crown Prince Mohammed bin Salman is staying at a lavish chateau dubbed “the world’s most expensive home” when he purchased it in 2015.   The Chateau Louis XIV in Louveciennes outside Paris is a new-build mansion intended to mimic the extravagant luxury of … Read more