OPINION: GameStop mania might be over, but retail investors are here to stay. A new, younger, and social-media-savvy demographic is entering the share markets at unprecedented levels, using publicly available information and communities to refine investing decisions. Goldman Sachs found that retail investors beat Wall Street pros during the market comeback last March, with the amateurs’ top picks outperforming those of hedge funds. The everyday investor footprint will continue to grow with the roll-out of coronavirus vaccines, and a continuation of governments putting stimulus dollars to work along with historically low interest rates. Here are several global trends retail investors are following closely in 2021. READ MORE: Game on, again: GameStop surges and no one truly knows why Yes, YOLO, but you need to be wary of FOMO Think share markets are high? Think again E-commerce Consumers continue to flock to e-commerce marketplaces, and it’ll be hard to … [Read more...] about What’s next for retail investors?
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Vietnam racks up $1.29 billion in trade surplus in two months The country’s trade turnover during January-February topped some 95.81 billion USD, a year-on-year surge of 25.4 percent. Vietnam’s trade balance posted positive, 1.29 billion USD, in the first two months of the year, the General Department of Customs said on December 28. The country’s trade turnover during January-February topped some 95.81 billion USD, a year-on-year surge of 25.4 percent. Of the total, exports amounted to 48.55 billion USD, a yearly hike of 23.2 percent, while imports were estimated at 47.26 billion USD, or 25.9 percent higher than the same time last year. Foreign-invested companies accounted for 76.4 percent, or 37.07 billion USD, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad 11.48 billion USD worth of products. There were nine commodities joining the billion-USD export club, including telephones and parts (9.3 billion USD, up 22.8 percent … [Read more...] about VIETNAM BUSINESS NEWS MARCH 2
JIANGXI, China: Tucked at the edge of bamboo-covered mountains in Ganzhou, Jiangxi Province is a small niche farm that could be China’s answer to its insatiable appetite for meat: Bamboo rats. Kept as pets by some, these slow-moving rodents look like cute over-sized guinea pigs, but two young vloggers in this farm are breeding them as a source of food. And they have rocketed to Internet fame by chronicling their day-to-day life on this rat farm. Asked if the critters were too cute to be killed for food, Liu Suliang, co-owner of Chinese Farm Brothers, quipped: “I’m willing to. It’s just like raising chicken or goats. I can’t possibly send them to university.” Regarded as agricultural pests, these furry bamboo rats are rodents that feed on the roots of crop plants such as sugar cane, tapioca and bamboo. But increasingly, they are getting recognised as valuable food animals, and they could be the solution to China’s growing appetite for protein, as the programme China’s … [Read more...] about Bamboo rats – eco-friendly answer to growing appetites for meat?