This Monet painting’s return on investment just blew away the S&P 500

Try telling that to art lovers. Especially after what happened Tuesday night.

Not only is that reported to be the highest amount ever paid for an impressionist painting, as well as the first time an impressionist has sold for more than $100 million, it also marks a spectacular, equities-crushing return on investment.

The last time a painting must have beaten the S&P must have been late 2007 early 2008...

The dumbest of takes.

ایران آخرین اخبار, ایران سرفصلها

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Grading the market: A routine pullback or has the trade war damned the S&P 500 to a trading range?An urgent trade-talks deadline and the Uber IPO drove the harshest pullback of the year for stocks but also served to test the resilience of Wall Street's bulls. That trading range is derived from the exchange of money between investors—the Ponzi process. Only observable truth 👇
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »