Let’s adopt the Wyckoff method to determine if the strong rebound on last Friday marked the stock market bottom or a bull trap to suck in more retailers to catch the falling knife.
Warren Buffett’s Berkshire Hathaway has used the recent markets slump as an opportunity to ramp up spending on stocks.
"The obvious precedent is FDIC insurance (up to $250,000 per person)," Vitalik Buterin tweeted, adding that he “strongly supports” helping the “average UST smallholder."
Mortgage rates continued to rise despite fears of a recession, with sentiment towards Fed monetary policy driving rates northwards in mid-May.
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