Debu vulkanik Tambora mencapai lapisan stratosfer, membentuk tabir raksasa yang menyaring sinar matahari di seluruh dunia. Akibatnya ini Sob, terjadi fenomena global yang dikenal sebagai βTahun Tanpa Musim Panasβ (1816).
Di Eropa dan Amerika Utara, salju turun di musim panas. Ladang gagal panen. Kelaparan dan kerusuhan pangan meluas. Di Tiongkok, musim hujan terganggu; di India, musim monsun terlambat datang, memicu wabah kolera mematikan yang akhirnya menjadi pandemi global.
Ironisnya ya Sob, sebagian besar masyarakat dunia kala itu tidak pernah mengetahui bahwa semua kekacauan ini berakar dari letusan satu gunung di Nusantara.
Debu vulkanik Tambora mencapai lapisan stratosfer, membentuk tabir raksasa yang menyaring sinar matahari di seluruh dunia. Akibatnya ini Sob, terjadi fenomena global yang dikenal sebagai βTahun Tanpa Musim Panasβ (1816).
Di Eropa dan Amerika Utara, salju turun di musim panas. Ladang gagal panen. Kelaparan dan kerusuhan pangan meluas. Di Tiongkok, musim hujan terganggu; di India, musim monsun terlambat datang, memicu wabah kolera mematikan yang akhirnya menjadi pandemi global.
Ironisnya ya Sob, sebagian besar masyarakat dunia kala itu tidak pernah mengetahui bahwa semua kekacauan ini berakar dari letusan satu gunung di Nusantara.
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The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for Chinaβs high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
