rout

Elon Musk loses record $16.3 billion in just ONE DAY amid rout in US technology stocks

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Elon Musk lost a record $16.3 billion after Tesla shares plummeted by 21 per cent losing more than $100 billion off its market value yesterday – the company’s biggest ever drop. To add insult to injury, the electric car maker was snubbed for inclusion in the S&P 500 Index. Musk’s drop in net worth is the … Read more

Funds to defend your savings from the market rout

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In almost every part of our lives, priorities are shifting, with safety and prudence the new virtues.  In future, more people may want to preserve their money, rather than maximise returns: the return of their capital is, in other words, more important than the return on their capital. Growth will be an added extra, rather … Read more