Month: February 2021

Asset management firm Stone Ridge has filed with the U.S. Securities and Exchange Commission (SEC) for its open-end mutual fund to invest in bitcoin. “This is a big deal. Stone Ridge filing opens the door for every mutual fund to add bitcoin,” said a fellow asset manager. Stone Ridge Wants Its Mutual Fund to Invest
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When it comes to retirement income planning, taxes are an important but often overlooked factor. Pre-retirees tend to assume their tax bracket will decrease after they leave the workforce and don’t realize they could lose 25%–30% or more of their retirement income to taxes. Having a lower marginal tax bracket in retirement used to be
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Signature Kitchen Suites’ convertible refrigerator drawers showed up on multiple favorite KBIS new … [+] release lists. Signature Kitchen Suites The annual Kitchen & Bath Industry Show, the largest event for these two important home spaces, took place entirely online for the first time ever. That was not without its issues; while the educational sessions got
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Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem
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Northeast municipal issuers sold $129.99 billion of debt last year, a 14.7% increase from 2019 as states, cities and agencies scrambled amid the COVID-19 disruption. Taxable deals and refinancings helped fuel the spike. Nationally, par amount totaled $483.6 billion, up 13.4% from the previous year, according to data from Refinitiv. “Issuance was really driven by
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We may have started a “capital shift” process in mid-February where declining Bonds, rising yields and the declining US Dollar push traders to… by Chris Vermeulen of The Technical Traders Falling Bonds and rising yields are creating a condition in the global markets where capital is shifting away from Technology, Communication Services and Discretionary stocks
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Shares of DraftKings rose 6.4% on Feb. 26 as the online sports betting and gaming company’s fourth-quarter results came in better than analysts’ estimates. The company’s revenues shot up by 146% year-on-year to $322 million beating consensus estimates of $232.6 million. Accounting for the pro-forma impact to the combination with SBTech (Global) Ltd. and Diamond
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The industrial sector includes companies that produce machinery, equipment, and supplies that are used in construction and manufacturing, as well as those that provide related services. These companies are closely tied to the economy, and their business volume often falls sharply during recessions, though each industrial subsector often performs differently. Well-known companies include Lockheed Martin
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