"Market is all about systematic transfer of money from an undisciplined trader to a disciplined trader," - says Mishal Vehta from CMT. Should prudence override risk-taking?
#algotrading #cmt
https://www.moneycontrol.com/news/business/markets/d-street-talk-market-is-all-about-systematic-transfer-of-money-from-an-undisciplined-trader-to-a-disciplined-trader-vishal-mehta-cmt-6718001.html

Cryptocurrencies have entwined with our economies so much, that backing off now would have significant costs and dire consequences. This is one of the reasons the rumor about the ban on cryptocurrencies in India is very likely to stay just a rumor.
https://www.business-standard.com/article/economy-policy/why-a-ban-on-cryptocurrency-could-have-dire-consequences-for-india-121031900168_1.html

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After upbeat car sales data out of China, Tesla's shares are back on track despite tumbling 21.6% amid a five-day losing streak. With half of the month taken away by the Chinese New Year holidays, the company still had an impressive sales rate.
#Tesla
https://www.marketwatch.com/story/tesla-nio-stocks-bounce-after-upbeat-china-car-sales-data-2021-03-09?mod=home-page

Life seems to begin getting back to normal, slowly yet steady, with the vaccine rollouts giving people some hope. For instance, the job market in the US surged this February, exceeding the predicted number of payrolls by 80%.
#JobMarket #COVID19
https://www.cnbc.com/2021/03/05/jobs-report-february-2021.html