[GiRTh]

S&P 500 - 3,276.02+18.72 (+0.57%) At close: 5:16PM EDT

FTSE 100 - 6,207.10-62.63 (-1.00%) At close: 4:35PM BST

Both indices yoyo-ing ATM

[James]

Since March, the share price of Elon Musk's electric car company Tesla has more than quadrupled to a market value of $290 billion.

Article about Tesla's stock price and the current state of the market -

'Tesla’s insane stock price makes sense in a market gone mad'
https://www.latimes.com/business/sto...la-even-higher

[Cherie]

Originally Posted by James

Since March, the share price of Elon Musk's electric car company Tesla has more than quadrupled to a market value of $290 billion.

Article about Tesla's stock price and the current state of the market -

'Tesla’s insane stock price makes sense in a market gone mad'
https://www.latimes.com/business/sto...la-even-higher

wow

[The Slim Reaper]

Jeff Bezos' wealth increased by the largest single amount in history, when he got an extra $12.5 billion in a 24hr period.

[GiRTh]

S&P 500 - 3,235.66 -40.36 (-1.23%) As of 4:19PM EDT. Market open.

FTSE 100 - 6,211.44 +4.34 (+0.07%) At close: 4:35PM BST

Awful week. Marginal gains at most but not a crash by any means

[GiRTh]

Warren Buffett’s Berkshire Boosts Bank of America Stake by About $813 Million

What is he up to?

Famously made the comment, that he's cautious when everyone is aggressive yet aggressive when everyone is cautious. His moves in the market since lockdown have most people curious.

[GiRTh]

Originally Posted by James

Since March, the share price of Elon Musk's electric car company Tesla has more than quadrupled to a market value of $290 billion.

Article about Tesla's stock price and the current state of the market -

'Tesla’s insane stock price makes sense in a market gone mad'
https://www.latimes.com/business/sto...la-even-higher

Originally Posted by The Slim Reaper

Jeff Bezos' wealth increased by the largest single amount in history, when he got an extra $12.5 billion in a 24hr period.

American billionaires got $434 billion richer during the pandemic

[GiRTh]

DAX - 13,103.39 −0.86 (0.0066%)

Gonna start including the DAX in the nightly round up. Its nots the best gauge of the European markets but the FTSE plus the DAX is a reasonable gauge of the European markets overall trend. UK with the Germans.

[Cherie]

+ 10.35% is my financial news

[GiRTh]

Coronavirus: Ł421bn tax on property prices could fix UK budget hole

[GiRTh]

Stocks sink amid rising US-China tensions

What is this idiot doing? All this crap affects the markets.

[Cherie]

Originally Posted by GiRTh

Coronavirus: Ł421bn tax on property prices could fix UK budget hole

This was suggested a few years back...it would stunt the market of moving up the ladder and downsizing, people would stay put

[GiRTh]

Originally Posted by Cherie

This was suggested a few years back...it would stunt the market of moving up the ladder and downsizing, people would stay put

Agreed. It would only be something of a temporary fix and the long term cost would outweigh the short term gain.

[GiRTh]

FTSE 100 - 6,123.82 -87.62 (-1.41%) At close: 4:45PM BST

S&P 500 - 3,215.63 -20.03 (-0.62%) At close: 4:20PM EDT

DAX - 12,838.06 -265.33 (-2.02%) At close: 5:44PM CEST ***Main German index***

STOXX 600 - 367.29 -6.36 (-1.70%) At close: 5:50PM CEST ***Main European Index***

Horrible week that now makes me feel a crash is imminent. All four major US and Euro indices down at the same time.

EDIT:
IBEX 35 - 7,294.70 -90.20 (-1.22%) At close: 5:38PM CEST

CAC 40 - 4,956.43 -77.32 (-1.54%) At close: 6:05PM CEST

Major French and Spanish indices also down.

[arista]

[GiRTh]

Which FTSE 100 firms have best withstood the coronavirus crisis?

[GiRTh]

Martin Lewis' warning to everyone with a bank account in the UK

[GiRTh]

UK on course for a V-shaped recovery, says Bank of England

[GiRTh]

Youtube video

Youtube video

[GiRTh]

My understanding of the credit score:

10% - Electoral role. Register to vote , it gives you stability and the credit scoring companies love stability.

15% - Recent hard searches. Avoid applying for too many accounts or credit in a short space of time. Don't upgrade your mobile phone then change your fuel supplier in the same month. Both count as hard searches, avoid too many hard searches

10% - Open accounts. Credit scorers like you to have accounts that have been open for years.

The two big ones:

30% - Past history. Get rid of every single bad debt you ever had and do it now. Greatly impacts the overall score. Also look for old associates or previous addresses that might be affecting your score.

35% - Credit Utilisation. The biggest one and there is still discussion as to how to work it. This where it like giving someone the keys to a big safe of money. Dont blame me if you go down the wrong road.

Basically, get as much credit as you can and hardly ever use it. Martin Lewis alluded to it in his vid but that is the perverse strategy. There are youtubers who boast they have tier 4 credit cards with 20- 30k limits but only ever use them for a couple of family lunches a month. Its very weird, quite dangerous imo but its how the system works.

[GiRTh]

Economic fallout from pandemic will hit women hardest

[Ammi]

Originally Posted by GiRTh

Economic fallout from pandemic will hit women hardest

...ughh you have to subscribe to read that article ...I was interested in why it would hit women harder...

[arista]

Originally Posted by Ammi

...ughh you have to subscribe to read that article ...I was interested in why it would hit women harder...

Next to Subscribe
Click "I'll Do It Later"

Then you can view the Guardian
for now

[Ammi]

Originally Posted by arista

Next to Subscribe
Click "I'll Do It Later"

Then you can view the Guardian
for now

...oh thank you, Arista, I didn’t know that...I’ll read the article now.....

[Ammi]

...mine doesn’t have ‘I’ll do it later’ option, it has ‘contribute’...