Trading Ideas: KSS at long term resistance $24 đ FREE trade-of-week via â¶
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For a few months Europe, after doing pretty well on Covid, lost it. But they've been getting things back under control, while the pandemic in America is running wild. (That slight dip at the end is an artifact of disrupted holiday data)
Crony capitalism intuitively appeals to many who are used to thinking of economy stagnating in Malthusian Trap where no one has the capital to break out to higher productivity. In such a situation, crony capitalism in the way out. Else not.
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