Hollywood’s upcoming film “Dumb Money” depicts the 2021 events surrounding the mania behind the GameStop stock.Seth Rogen will star as hedge fund manager Gabe Plotkin who lost billions of dollars on his GameStop short. Nick Offerman will portray Citadel founder Ken Griffin, while Paul Dano will star as Keith Gill, aka Roaring Kitty. Loading Something is… Continue reading The GameStop saga is getting a movie. Seth Rogen is cast as Wall Street Bets’ most reviled hedge funder, and Paul Dano will play meme-stock hero Roaring Kitty.
Investors should be wary of US stocks as the damage from Fed tightening hasn’t yet been reflected in markets, BlackRock strategist says
A BlackRock strategist said the US stock market hasn’t fully priced in central bank tightening yet. BlackRock’s Ann-Katrin Petersen has a “more cautious stance on US equities for the time being.” The Fed’s rate hikes have caused serious “damage” to the US economy, she told Bloomberg TV. Loading Something is loading. Thanks for signing up!… Continue reading Investors should be wary of US stocks as the damage from Fed tightening hasn’t yet been reflected in markets, BlackRock strategist says
A US debt default could spark mass unemployment, payment failures, and catastrophe that would raise interest rates ‘into perpetuity,’ Treasury Secretary Janet Yellen warns
A US debt default would be a disaster for the economy, Treasury Secretary Janet Yellen said. She warned of potential mass unemployment, payment failures, and broad economic weakness if the US failed to pay its debts. She urged lawmakers to raise the debt ceiling and not wait “until the last minute” to do so. Loading… Continue reading A US debt default could spark mass unemployment, payment failures, and catastrophe that would raise interest rates ‘into perpetuity,’ Treasury Secretary Janet Yellen warns
Tucker Carlson’s Fox News exit wipes out $690 million in value
Shares of Fox Corp. sank as much as 5.4% Author of the article: Bloomberg News Bailey Lipschultz Published Apr 24, 2023 • 1 minute read People pass by a promo of Fox News host Tucker Carlson on the News Corporation building in New York, in 2019. Photo by Brendan McDermid/Reuters Tucker Carlson, one of the… Continue reading Tucker Carlson’s Fox News exit wipes out $690 million in value
4 tips for those looking to renew their mortgages in 2023
Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance Consider extending your term If you’ve been having a hard time making mortgage payments, you’re not alone. In Q4… Continue reading 4 tips for those looking to renew their mortgages in 2023
Confusing and conflicting market information means it’s better to go your own way
It may take being a bit of a contrarian to capitalize on opportunities in the current market environment Published Apr 24, 2023 • Last updated 1 day ago • 3 minute read Traders work on the floor of the New York Stock Exchange. Photo by ANGELA WEISS/AFP via Getty Images files For those wondering about what’s… Continue reading Confusing and conflicting market information means it’s better to go your own way
FP Answers: Do unconscious biases affect investment returns? And if so, how?
Excessive optimism can be an investor bias that may result in serious harm Published Apr 21, 2023 • Last updated 4 days ago • 3 minute read A trader on the floor at the New York Stock Exchange. Photo by TIMOTHY A. CLARY/AFP via Getty Images files By Julie Cazzin with John De Goey Advertisement 2… Continue reading FP Answers: Do unconscious biases affect investment returns? And if so, how?
5 back-to-basics company metrics investors should pay attention to amid recession risk
Peter Hodson: Understanding quality, reliability of a company’s reporting essential for making investment decisions Published Apr 20, 2023 • Last updated 5 days ago • 4 minute read A company’s financial statements provide a snapshot of its financial health. Photo by Getty Images/iStockphoto With a recession coming for sure (or maybe not for sure), it is… Continue reading 5 back-to-basics company metrics investors should pay attention to amid recession risk
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