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04Mar2021 Market Close: Powell Plunges Markets Into Disorder, DOW Closes Down 346, Nasdaq Down -2 1%, US Dollar Rises 91 61, Bitcoin Slips To 48200

The Nasdaq got clobbered (again) as investors pulled out of Big Tech (SPY -1.2%). Gigafactory demand leads to price explosion in battery-grade lithium. The Market in Perspective Here are the headlines moving the markets. Clean Energy Investing Is Becoming A Bubble Remember when EV and hydrogen truck maker Nikola listed last year? The stock soared in the first months of trading, only to slump heavily just a few months later after allegations were madeand later confirmedthat the CEO of the company had misled investors about its products. According to some analysts, many companies like Nikola are out there touting EVs, solar, wind, and hydrogen. And many of them will sink, taking their investors down with them. Every green energy proposal we have examined relies on the trifecta of wind,

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