Financial Times (August 1)
“The venture capital world is in the grip of a silent crash. Unlike the stock market, there are no daily market indexes to broadcast the pain, and no individual share prices for anxious tech employees to watch as their personal wealth evaporates.” It remains unclear “how long it will take the venture capital market to reset, or how many of today’s investors and start-ups will still be standing when it does.”
Tags: Anxious, Indexes, Investors, Pain, Personal wealth, Reset, Share prices, Silent crash, Start-ups, Stock market, Tech employees, Venture-capital
Reuters (April 1)
“Global equity markets surged on Thursday, with U.S. and European benchmark indexes hitting record highs, as the strongest manufacturing data around the world in decades and a drop in bond yields drove investor optimism.” Support is strong with “multiple tailwinds— stimulus, expectations of record earnings, vaccines—driving stocks higher.”
Tags: Benchmark, Bond yields, Earnings, Equity, Europe, Global, Indexes, Investor, Manufacturing, Markets, Optimism, Stimulus, Surged, Tailwinds, U.S.