How to Think About the Stock Market When Earnings Guidance Becomes Meaningless
Some Wall Streeters are factoring in a chance of a recession or at least a severe slowdown. – TIMOTHY A. CLARY/AFP/GETTY IMAGES Economist Burton Malkiel might have called the stock market “a random walk,” but investors could at least use earnings guidance by companies as road signs. Now they are largely walking blind. Last week, […]
How to build your own electric car for £10,000
During the week, Tom Cheesewright advises the likes of Nasa. Weekends, though, are more down to earth: scavenging car breakers’ yards and trawling the internet looking for discarded first-generation hybrid electric car parts. It’s because he’s building an electric vehicle (EV) on his drive in a Manchester suburb, and fabricating parts for it in a […]