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Alibaba Slides Toward Record Low While Investors Bet on JD.com

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November 23, 2021
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Investors are in the stock market to find growth, returns, and profits, and the last year has brought plenty of that. The S&P 500 and NASDAQ both finished last week at near record high. The indexes are up 25% for the year. The gains have not come easy. Stocks are gaining for now, while the Fed continues to hold interest rates low and inflation has jumped to a 30-year high. Cash is simply not a good investment, as savings’ real yields are turning negative and rising prices are eating away at purc

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