Month: October 2021

Technology stocks lifted US stock markets toward another record on Wednesday after a series of strong earnings reports from giants including Alphabet and Microsoft. The benchmark S&P 500 index inched up 0.2 per cent from Tuesday’s record close, with tech groups and consumer stocks including Amazon offsetting weakness across every other sector. The tech-heavy Nasdaq
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While the overall multifamily volume of transactions in New York City has been slow, one segment in particular is showing explosive growth. Multifamily properties comprising fewer than ten units are attracting a great deal of investment interest, as these units through Q3 have already exceeded 2020’s total dollar volume for this asset class by 24%.
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The US has an almost unblemished historical track record here: nearly EVERY time they’ve raised capital gains tax rates, capital gains tax revenue has actually FALLEN… by Simon Black of Sovereign Man I arrived home late last night back to Puerto Rico after a wonderful, 2-day event with our Total Access members this weekend. Luminaries
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk
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Since EIP 1559 was implemented on Aug. 4, 620,000 ETH at a market value of $2.6 billion has been burned through transaction fees. Using that burn rate and the current network demand metrics, Ethresear.ch found that around 2.5% of ether’s circulating supply would be burnt annually. Under proof-of-work, the 2.5% burn only offsets a portion
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The European Central Bank (ECB) has announced the formation of a Market Advisory Group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of industry spearheads. The group also aims to uncover the digital euros optimal function within the pan-European currency’s vast payments ecosystem.  The group includes
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Key Takeaways Google Cloud revenue missed analysts’ expectations. Google Cloud is one of Alphabet’s primary business segments. It provides developers with a cloud platform for building, testing, and deploying applications. Google said that its cloud services are helping organizations collaborate and remain secure amid ongoing digital transformation and shift to hybrid work. Google (Alphabet) Earnings
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Merck has signed a landmark voluntary licensing deal with the UN-backed Medicines Patent Pool to expand low-cost access to its Covid-19 antiviral pill throughout the developing world. It is one of the first royalty-free licensing agreements struck by a pharmaceutical company for a key Covid-19 medical technology and should boost generic manufacturing of Merck’s drug molnupiravir
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Asset valuations are defying the laws of gravity. That leaves investment funds free to break the rules too. Legendary Silicon Valley venture capitalist Sequoia Capital announced this week that it had designed a “permanent capital” vehicle. The purpose of this “Sequoia Fund” is to eliminate the challenges of traditional finite funds that must return capital
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Sustainable investing is not just an attractive approach for clients looking to inject ESG into their retirement portfolios. The strategy is also a growing one that now delivers broader outperformance. The 20 best-performing Morningstar-designated sustainable U.S. funds, which either claim to have a sustainability objective or use ESG criteria for their investment selection, notched an
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There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on DBV Technologies SA – American (DBVT – Research Report) and Gamida Cell (GMDA – Research Report) with bullish sentiments. DBV Technologies SA – American (DBVT) In a report released today, Andrew Fein from H.C. Wainwright reiterated a
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Professional designers and retailers have been posting in industry discussion groups about the seemingly endless delays in getting products for new construction and remodeling projects. One group leader even asked her 2,000 members, including designers, manufacturers and reps, to post about inventory surplus items others could access. This was a new phenomenon, at least in
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Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins Offers Users Android App Popular P2P crypto exchange Localbitcoins has
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Today’s Social Security column addresses questions about how benefits for multiple children are calculated, when divorced spousal benefits can be available and how years with covered earnings can reduce the effect of the Windfall Elimination Provision (WEP). Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security
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Silver witnessed some selling for the second successive day on Wednesday. Mixed oscillators on hourly/daily charts warrant caution for bearish traders. Any subsequent decline is likely to remain limited near the $23.20-15 area. Silver struggled to capitalize on the previous day’s late rebound from multi-day lows and met with some fresh supply on Wednesday. The
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The magnitude of its impending financial collapse will be even greater than anticipated… by Financial Argument via Financial Argument Billions of people must prepare for a major banking crash in 2021. The latest news on the Evergrande crisis indicates that the magnitude of its impending financial collapse will be even greater than anticipated. The main
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