Gold

How Palladium Became a Really, Really Precious Metal

5 days ago   |   By Washington Post

Palladium is the most valuable of the four major precious metals, with an acute shortage driving prices to records in recent years. A key component in pollution-control devices for cars and trucks, the metal's price has been on a tear, more than tripling in the four years through the end of 2020 - lifting it above the price of gold.
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Stocks are unlikely to repeat last year's record-shattering performance in 2021 as a V-shaped recovery is largely priced in, Morgan Stanley says

5 days ago   |   By Business Insider

Spencer Platt/Getty Images
While the economy is "very likely" to have a good year in 2021, stock prices may not repeat their record-shattering performance of 2020 as a V-shaped recovery has already been priced into the market, said Morgan Stanley's Mike Wilson. The chief investment officer explained that the stock market is a discounting machine that looks forward, and it already priced in optimism around the economic recovery last year. Against this backdrop, "unprofitable growth stocks with big valuations" may underperform in 2021, while assets that will benefit from accelerating...
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