Degenerate Business School

The Return of the Space Race


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The markets continue their choppy ways, with the major benchmarks all waffling this week. As bond yields edged higher, growth stocks took a beating on Thursday before leveling out on Friday.

This despite Jerry Powell demolishing the Fed's Emergency capital relief for banks, which will expire at the end of March. And with it the promise of more volatility when major Financials dump their treasuries. What should we do?

But as the rotational trade puts near term pressure on the Technology sector, we must not forget that Google, Amazon & Facebook now control over half of all US ad spending. 

And the Boeing Moon Rocket passed a crucial test for NASA, securing the return of people-powered missions by the middle of the decade. In the context of the new cold war with China, is the space race back on? 

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Degenerate Business SchoolBy Degenerate Business School

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