Worth

Central Banks To Add Liquidity Worth 0.66% Of Global GDP On Average Every Month In 2021

Earlier we discussed why Morgan Stanley’s chief equity strategist Michael Wilson voiced concerns about the continuation of the “overcooked” equity rally, expecting a drawdown into year end for the simple reason that “both fiscal and now monetary policy have become reactive rather than proactive. For markets, that becomes the itch that needs to be scratched–i.e….

Elon Musk Eyes Space Mining Of Asteroid Worth More Than Global Economy

Not too long ago, NASA asked Tesla’s Elon Musk, who runs the rocket company SpaceX, to assist in a future space exploration mission of a giant metallic asteroid called “16 Psyche” that contains trillions of dollars in rare metals.  16 Psyche is one of the most massive objects in the asteroid belt orbiting between Mars and…