Airbnb Inc. and DoorDash Inc. are planning to release higher-than-expected valuation ranges for their initial public offerings, in the latest sign of strength in a booming market for new issues.
Dr. Deborah Birx told CBS News she’s “deeply worried” about the likelihood of a post-Thanksgiving surge, which could come on top of an already alarming nationwide surge.
Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a recent interview.
‘It was kind of funny to be in a long line so early in the morning on Black Friday, and not even be making a gift purchase,’ said one person who woke up at 4 a.m. to get in line to be tested for coronavirus.
‘California passed Proposition 19, which will in part require that inherited homes that are not used as principal residences, such as second homes or rentals, be reassessed at market value when transferred.’