Firm failed to comply with working-capital requirements Author of the article: Bloomberg News Paula Sambo Published May 12, 2023 • Last updated May 12, 2023 • 1 minute read Cathie Wood, chief executive of Ark Investment Management, at a bitcoin conference in 2022. Photo by Bloomberg Ontario’s securities watchdog suspended the registration of Emerge Canada… Continue reading Cathie Wood-linked ETF firm Emerge Canada shut down by Ontario Securities Commission
Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
One of the biggest hits from the just-concluded annual love fest for the famous investor Author of the article: Published May 09, 2023 • Last updated May 09, 2023 • 3 minute read A Squishmallow depicting Warren Buffet during the Berkshire Hathaway Inc. in Omaha, Neb., on May 5. Photo by Rachel Mummey/Reuters One of… Continue reading Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
Retail investors aren’t buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
AI-related stocks have soared this year, but retail investors aren’t driving the action, Vanda Research said. “Our in-house US equity positioning shows retail investors remain on the sidelines despite the recent AI craze.” The AI trend is also relatively small compared with the meme-stock frenzy surrounding GameStop and AMC. Loading Something is loading. Thanks for… Continue reading Retail investors aren’t buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
Markets are sounding alarms on China’s economy, but analysts say Wall Street is missing the big picture
Financial markets have been raising red flags recently about China’s economy. That’s because high expectations for a robust post-Covid rebound have largely failed to pan out. But analysts said Wall Street is being too short-sighted and not looking long term. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Markets are sounding alarms on China’s economy, but analysts say Wall Street is missing the big picture
Jim Rogers is bracing for the worst bear market of his life, de-dollarization, and higher interest rates. Here are the investing legend’s 7 best quotes from a new interview.
Jim Rogers is preparing for the most devastating bear market of his lifetime. The veteran investor sees higher interest rates and serious threats to the US dollar. Rogers is bullish on commodities and skeptical that governments will adopt bitcoin. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Jim Rogers is bracing for the worst bear market of his life, de-dollarization, and higher interest rates. Here are the investing legend’s 7 best quotes from a new interview.
Big Tech stocks’ massive gains this year have made them even more dominant. That could be bad news for investors.
Big Tech stocks have jumped in 2023, with Meta and Nvidia both soaring over 100%. Those gains have only increased the technology giants’ dominance of the S&P 500. The higher concentration levels could make the benchmark index vulnerable to wild swings. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Big Tech stocks’ massive gains this year have made them even more dominant. That could be bad news for investors.
3 reasons why even China doesn’t want the yuan to replace the dollar as the world’s reserve currency
The Chinese yuan is one of the top contenders challenging the USD’s dominance as a reserve currency. However, Beijing may not be fully supportive of making the yuan the reserve currency of choice. Key challenges include Beijing’s unwillingness to open its capital accounts or to run a deficit. Loading Something is loading. Thanks for signing… Continue reading 3 reasons why even China doesn’t want the yuan to replace the dollar as the world’s reserve currency
Aging Baby Boomers Take Pot Mainstream
Nearly 90 years after the anti-drug propaganda film Reefer Madness peddled unintentionally hilarious warnings about the perils of pot, marijuana is becoming accepted and legal across the U.S. and increasingly popular among older adults. When today’s retirees were teens, their elders didn’t approve of pot. Now, however, it’s the oldsters themselves whose physicians prescribe weed… Continue reading Aging Baby Boomers Take Pot Mainstream
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