A new epoch for retail investors is just beginning
FOR NEARLY a fortnight, the world was mesmerised by the fortunes of GameStop. Shares in the beleaguered brick-and-mortar purveyor of video games soared from a few dollars in 2020 to above $480 on January 28th, before sinking as low as $81 on February 2nd. A firm that was worth $200m in April last year was…
High-frequency traders are in the spotlight
They are the stockmarket’s new intermediariesFROM ONE perspective, retail stock traders have never had it so good. There is fierce competition among brokers, including the likes of Charles Schwab and Fidelity, for their business. This broke out into an all-out price war in 2019 when these firms cut stock-trading commissions to zero, four years after…
Africa’s recovery from covid-19 will be slow
Feb 6th 2021DAKAR, JOHANNESBURG AND NAIROBIAT FIRST GLANCE, sub-Saharan Africa appears to have avoided the worst of the pandemic. It has 14% of the world’s population but, even as it is drenched by a second wave, just 3% of known cases and deaths. In 2020 its economy shrank by less than the global average, estimates…
John Krasinski’s Controversially Political, yet Hilarious, SNL Hosting Gig
Published on Feb 3, 2021 by Anne For the first episode of 2021, The Office’s John Krasinki hosted Saturday Night Live. This is Krasinski’s second time on the show, proving that he has great talents in comedic hosting. Although it had average viewer ratings, he sure brought back the same hilarity and energy similar to his first time…