Month: August 2021

Hello and welcome to the working week. You might have wondered why this newsletter has had so little to say about by far the biggest news story of this summer — Afghanistan. It is not because of lack of interest, but the point of The Week Ahead is to keep you abreast of the news
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After sliding since its July 2021 IPO, Krispy Kreme (DNUT) stock has started to bounce back. Investors are diving back into the doughnut chain’s shares, as despite their initial negative reaction to its most recent earnings report, they are again bullish on its ability to deliver above-average growth. The question now is whether this bounce
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Visa’s splash into the NFT market was driven by an evaluation of the underlying technology and its ability to serve as a “promising medium for fan engagement,” according to a recent whitepaper published by the global payments giant.  The Aug. 23 publication described nonfungible tokens as an important innovation during the pandemic, where strict shelter-in-place
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Canada and Mexico residents accounted for the largest segment of international investors in U.S. residential real estate over the last year, while overall foreign investment in properties dropped to its lowest volume in roughly a decade, according to a recent study from the National Association of REALTORS® (NAR).  The 2021 International Transactions in U.S. Residential Real
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The Puerto Rico Senate approved a hike in the island’s minimum wage Thursday. The legislation would lift the minimum to $8.50 per hour on Jan. 1, 2022, and $9.50 on July 2023. A third increase, to $10.50 per hour, was agreed for July 1, 2024, but subject to the evaluation of a newly created Minimum
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There are distinct benefits to grandparents paying for early education for their grandchildren. Most nanas and pop-pops have probably heard about the benefits of funding a 529 account. This type of account helps pay off those formidable education costs by allowing their issue’s issue to draw from it tax-free to pay for tuition, books, and
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Pockets of inflationary pressures are emerging Eurozone consumer price inflation is expected to continue to climb in August after rising to a year on year rate of 2.2 per cent in July, up from 1.9 per cent in the previous month and the highest levels since 2018. A poll by Reuters ahead of Tuesday’s data
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Jude Erondu is good at everything he does — from social impact research, to financial planning, to axe throwing. Born in Abuja, Nigeria, Erondu grew up in an impoverished community that struggled to provide education and clean water. He moved to the United States to attend Green Mountain College, then to London for a graduate
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Unfunded retiree health-care benefits are the most material long-term liability for about one in 10 states and local governments, Moody’s Investors Service says. Retirement liabilities other than pensions — other-post employment liabilities, or OPEB — were roughly $1.1 trillion for the 50 states and more than 7,000 cities, counties and K-12 school districts that Moody’s
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Investors, learn about a royalty company that has delivered 492% average quarterly revenue growth Source: Streetwise Reports (08/27/2021) In this episode of Streetwise Live! you will learn about a royalty company that has delivered 492% average quarterly revenue growth (Q3-2020 to Q2-2021). read more > Crescat Capital Gets Active in Precious Metals, Finds Outsized Returns
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The political benefit to the US government goes beyond just keeping interest rates low… by Ryan McMaken of Mises Institute With the Federal Reserve’s annual Jackson Hole symposium there’s been much talk about when the central bank might allow interest rates to rise, presumably through the process of “tapering.” Tapering would mean easing monthly bond purchases,
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Fidelity Investments reported that the number of 401(k) millionaires—investors with 401(k) account balances of $1 million or more—reached 233,000 at the end of the fourth quarter of 2019, a 16% increase from the third quarter’s count of 200,000 and up over 1000% from 2009’s count of 21,000. Joining the ranks of the 401(k) millionaires is actually quite achievable,
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Sharing is Caring! From Birch Gold Group If you’re concerned that the equities markets are going insane and that you might need to adjust your plan, you’re not alone. Let’s first shed some light on the insanity… Every Friday after Thanksgiving (except perhaps last year), major retail stores have had a “doorbuster” sale of some type. The mainstream
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