Netflix misses expectations for paid subscriber additions, shares slump

Added 3.98 million paid subscribers in the quarter ended March 31; analysts had expected 6.25 million Author of the article: Published Apr 20, 2021  •  1 minute read Signage outside the Netflix Inc. office building on Sunset Boulevard in Los Angeles, California. Photo by Bing Guan/Bloomberg Netflix Inc. added fewer-than-expected paid subscribers in the first… Continue reading Netflix misses expectations for paid subscriber additions, shares slump

Central banks and government out of touch with Main Street when it comes to rising cost of living

Martin Pelletier: Income levels are stagnating and asset prices are surging Published Apr 19, 2021  •  4 minute read The most glaring problem with surging asset prices is housing affordability, as home prices have skyrocketed well beyond the reach of the average person. Photo by Mark Blinch/Reuters files Nothing makes our central bankers, academics and… Continue reading Central banks and government out of touch with Main Street when it comes to rising cost of living

Stock Market Today: Stocks Turn Lower Amid Debt Ceiling Setback

Stocks opened higher Friday but quickly reversed course after news emerged that Republican lawmakers and White House officials had reached an impasse in debt ceiling negotiations. These headlines overshadowed a relatively dovish speech from Federal Reserve Chair Jerome Powell, with the three main benchmarks ending the day in the red.    Heading into today, stocks… Continue reading Stock Market Today: Stocks Turn Lower Amid Debt Ceiling Setback

Is the dollar’s role as the top currency safe? Kiplinger Economic Forecasts

The dollar is one of the centerpieces of not just the U.S. economy but the world economy too, and our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe) for the dollar. You will get all the latest news first… Continue reading Is the dollar’s role as the top currency safe? Kiplinger Economic Forecasts

Cannabis Industry Updates From Capitol Hill: This Week in Cannabis Investing

As investors in cannabis, Poseidon has a rich history of hitting the road and applying a boots-on-the-ground approach. We enjoy meeting with people, seeing local market dynamics, and investigating new opportunities.  This week’s trip to Washington, D.C. proved to be highly informative and productive as we met with various trade groups and senators. It’s been… Continue reading Cannabis Industry Updates From Capitol Hill: This Week in Cannabis Investing

Vanguard’s trillion-dollar man leads a fixed-income revolution

Controls nearly as much U.S. debt as China Author of the article: Bloomberg News Ye Xie and Liz Capo McCormick Published May 10, 2023  •  Last updated May 10, 2023  •  6 minute read Vanguard Group Inc.’s US$1 trillion bond indexing business for the Americas grew in size in the wake of the recent U.S.… Continue reading Vanguard’s trillion-dollar man leads a fixed-income revolution

China’s latest crackdown further unnerves foreign business

At odds with attempts to lure capital into an economy showing increasing signs of strain Author of the article: Bloomberg News Bloomberg News Published May 10, 2023  •  Last updated May 10, 2023  •  5 minute read Chinese president Xi Jinping is cracking down on perceived threats to national security, moves which are conflicting with… Continue reading China’s latest crackdown further unnerves foreign business

Fast-money quants, human traders most split on stocks since 2019

Bullish relative to stock pickers Author of the article: Published May 09, 2023  •  Last updated May 09, 2023  •  2 minute read Not since 2019 have quants been this bullish relative to stock pickers. Photo by Regis Duvignau/Reuters As evidence of how hard it is to get a handle on markets right now, consider… Continue reading Fast-money quants, human traders most split on stocks since 2019