Demand crisis for precious stones, the price of diamonds drops
According to the Global Rough Diamond Price Index, prices have fallen 18% from their all-time highs in February 2022 and 6.5% year on year in recent months. Market watchers anticipate…
The risk premium no longer exists on Wall Street
The formula used to determine the expected return on Wall Street stocks yields a result of 5.3%. It is the same rate as cash and low-risk corporate bonds. The stock…