Market Talk – May 7, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 599.03 points or 1.57% to 38,835.10 Shanghai increased 7.02 points or 0.22% to 3,147.74 Hang [...]
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.