Republican presidential candidate Vivek Ramaswamy is the cofounder of an “anti-woke” ETF firm. The company was set up last year and now manages assets worth more than $1 billion. Ramaswamy’s firm is a riposte to the ESG-centric policies of some big investment firms. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Vivek Ramaswamy’s ‘anti-woke’ investment firm now manages assets worth more than $1 billion
Nvidia is a stock bubble and its popping could trigger a broader market crash, investing legend Rob Arnott says
Nvidia stock has formed a bubble and should it pop, that could trigger a total market crash, investing legend Rob Arnott said. He classed the chipmaker company as a “textbook story of a Big Market Delusion” due to its sky-high valuation. “Would Nvidia’s popping bring down the whole market? “It’s very possible,” Arnott said. Loading… Continue reading Nvidia is a stock bubble and its popping could trigger a broader market crash, investing legend Rob Arnott says
Investors are forgetting the ‘pain before the pivot’ – and failing to see the debt disaster ahead, expert warns
Investors are forgetting how brutal the period before Fed rate cuts can be, Stephanie Pomboy warns. Rate hikes caused delayed damage, and rate cuts don’t work instantly, the Macro Mavens founder says. Pomboy expects the delayed impacts of higher interest rates to hammer households and businesses. Loading Something is loading. Thanks for signing up! Access… Continue reading Investors are forgetting the ‘pain before the pivot’ – and failing to see the debt disaster ahead, expert warns
Elon Musk jabs at Lucid after its CEO raked in $379 million of total compensation last year
Elon Musk took aim at Lucid Motors over its executive compensation in a X post on Monday. The Tesla CEO trumpeted performance-based pay after Lucid’s CEO received $379 million last year. Lucid’s Peter Rawlinson was rewarded for achieving market-value milestones, as Musk was in 2021. Loading Something is loading. Thanks for signing up! Access your… Continue reading Elon Musk jabs at Lucid after its CEO raked in $379 million of total compensation last year
Despite Country Garden’s last-gasp payment, China’s property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters
One of China’s largest developers averted a debt default Monday after paying two coupons during the grace period. But the property crisis is far from over – with Bloomberg data showing 34 of the top 50 developers as defaulters. The remaining 16 firms face almost $1.5 billion of combined bond payments due September, per the… Continue reading Despite Country Garden’s last-gasp payment, China’s property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters
Argentina should avoid dollarization as it can trap the country in Ecuador-like economic morass, one economist says
Any move to dollarize Argentina could see the nation get stuck in an Ecuador-like economic morass, one economist said. “Some in Argentina romanticize Ecuador’s dollarization. Reality is different,” Robin Brooks said in a post on X. The South American nation has seen calls for it to adopt the dollar as its currency to tackle problems… Continue reading Argentina should avoid dollarization as it can trap the country in Ecuador-like economic morass, one economist says
The greenback is ‘losing some influence’ in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD’s strength and oil prices has weakened, per the bank’s research. This is because more oil is now being transacted in non-dollar currencies. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading The greenback is ‘losing some influence’ in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
Berkshire Hathaway stock could crash 99% and Warren Buffett would still have trounced the S&P 500
If Berkshire Hathaway stock tanked 99%, Buffett would still have outperformed the S&P 500. Berkshire stock soared 3,800,000% between 1965 and 2022, trouncing the S&P 500’s 25,000% gain. Buffett’s company surpassed $1 trillion of assets last quarter, and its stock is at record highs. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Berkshire Hathaway stock could crash 99% and Warren Buffett would still have trounced the S&P 500
Recent Post
