Market Talk – May 8, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 148.97 points or 0.41% to 36,928.63 • Shanghai increased 9.33 points or 0.28% to 3,352.00 [...]
Alexandria Ocasio-Cortez (AOC) attacked corporate politics, influence, and greed. She echoed Warren Buffett who recently told shareholders that if a bank needs a government bail-out, the responsible CEO and his or her spouse should lose their net worth. Interesting comment on Buffett’s part when he lent $5 billion to Goldman Sachs to prevent their bankruptcy during the 2008-2009 crash. It seems Buffett does not practice what he preaches.