No revenue is no problem in the 2020 stock market

No revenue is no problem in the 2020 stock market

By Chris Bryant Wall Street isn’t always too fussed about whether a start-up is profitable before listing on the stock exchange. A decent track record of sales growth is usually pretty essential, though. That quaint idea has been turned on its head this year by the fad for special purpose acquisition companies. Called SPACs for … Read more

Take Five: It’s August, what could go wrong in market?

Take Five: It’s August, what could go wrong in market?

August can be a tricky time for markets. It was the month Russia defaulted (1998), China devalued the yuan (2015) and BNP Paribas kicked off subprime meltdown by freezing three of its funds (2007). Plenty could go wrong this August as the world economy staggers under the pandemic, Sino-U.S. tensions bubble and the US. election … Read more