We recently came across an Australian publicly traded investment fund’s investor letter. East 72 is one of the most bearish fund’s in the world at the moment with a net exposure greater than -100%. That means they are more than short the entire market. Obviously being short didn’t help with generating positive returns as the […] …read more […]
(Bloomberg) — Boeing Co. shares rose on reports that an accidental missile strike or terrorist bomb, rather than mechanical mishap, may be responsible for the crash of Ukrainian jet near Tehran on Wednesday.Ukraine International Airlines Flight 752 disappeared from radar screens at 8,000 feet, and witnesses said they saw it on fire in the air, according to Iran’s Civil Aviation Organization. The flight-data and cockpit-voice recorders were damaged but their core memory appears to be accessible, a report by the aviation organization said.The findings are the first officially released from a probe fraught with difficulty amid heightened U.S.-Iranian tensions. Ukraine …read more […]
In the mid-2000s, investing in China was all the rage. But what happened to all the hype?
Today, Nicholas Vardy shares some lessons from the “China miracle” along with his predictions about China’s future impact on global wealth.
Back in the mid-2000s, investing in China was all the rage.
Memories of the dot-com bust faded. U.S. investors piled into Chinese stocks, looking to make their next fortune.
At the MoneyShow conferences, editors of China newsletters attracted thousands of investors to their talks.
Hundreds of others took cruises to China to witness Shanghai’s modern skyline in person.
Even Warren Buffett entered the fray, buying $488 million worth …read more […]
Carlos Ghosn’s daring escape from Japan to Lebanon may have cast light on his wealth and influence, but in Beirut the ex-Nissan boss can only get a few hundred dollars a week from the bank because of its deep financial crisis.
Bed Bath & Beyond will have a challenging year ahead, said CFRA retail analyst Camilla Yanushevsky. …read more […]
Airbus will increase production of A320-family jets at its Mobile, Alabama, plant to seven a month by the beginning of 2021, adding 275 jobs, the European planemaker said on Thursday.
The World Bank is cutting its forecast for global economic growth for this year to 2.5%. Allianz Chief Economic Adviser Mohamed El-Erian joins Yahoo Finance’s Adam Shapiro, Julie Hyman, and Brian Cheung to discuss. …read more […]
The SECURE act retirement bill is now in effect after President Trump signed off before Christmas. The new retirement legislation is part of the spending bill and it will affect everyone in some way or another.
The SECURE Act stands for “Setting Every Community Up For Retirement Enhancement.” It originally passed through the House in July and Senate approved it in mid-December. President Trump made it official on December 20th, by signing the new bill into law.
What is the SECURE Act Retirement Bill?
This bill aims to prevent older Americans from outliving their assets. It also includes other crucial provisions with big …read more […]
Kohl’s Corp and J.C. Penney Co Inc reported lower holiday season sales on Thursday, a sign that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year’s Day.
If you’re interested in Bank OZK (NASDAQ:OZK), then you might want to consider its beta (a measure of share price… …read more […]
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019.
U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal rose and several brokerages boosted price targets on high-profile companies.
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019.
Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after years of losses.
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