It’s been a pretty volatile week in the stock markets with the S&P 500 having some bad days then up again on Thursday.
Canada’s main stock index the S&P/TSX index was similarly volatile
Alibaba had an especially bad week, with the Chinese government releasing a report accusing Alibaba of selling knock-offs.
Google was in trouble too. Even though its revenue was up 15%, that was lower than analysts expected. But you’d think analysts would adjust their expectations, since Google has missed earnings expectations for the past five quarters.
With such volatility in the market it is surprising that investors are still optimistic enough to price Shake Shack – which started as a hot dog stand and now sells milkshakes and hormone-free burgers – at $21 per share.
For investment tips, check out Report on Business magazine’s fifth annual guide to making money.
Or if you are sick of investing and just want to throw your money away on a car, you’ll be happy to know driverless cars are coming soon. Apparently they will even save us money, in part because there should be fewer accidents.
If you want to buy an accident-free car before automated cars are available, avoid these 10 cars.
