When someone plays with fire, that person eventually get burned. Cathie should know this by now. She previously… by Dave Kranzler of Investment Research Dynamics “Ark Investment Management is “going through soul-searching” as its growth-focused funds fall out of favor amid expectations of tighter Federal Reserve policy…” – Cathie D Wood, December 9th on Bloomberg The
admin
Withdrawals on earnings from a Roth IRA don’t count as income, but only if you make what the IRS deems as qualified distributions. If you follow IRS rules, earnings grow tax-free, and you don’t pay taxes on withdrawals either, which are among the main benefits of this type of retirement account. Non-qualified distributions count as
The Omicron variant of coronavirus surprised many Britons in recent weeks by turning up at parties undetected by rapid Covid-19 tests, prompting questions about whether the devices provide true confidence for people to live without fear of infection. The UK Health Security Agency has said initial investigations show the rapid tests work just as well
Taiwan’s president Tsai Ing-wen scored a political victory over the weekend as four referendums backed by the opposition against key policies of her government including allowing US pork imports failed to pass. The result averts the risk of undermining Tsai’s push for Taiwan’s inclusion in a regional trade pact, closer trade relations with Washington and
A star JPMorgan Chase financial advisor lost her legal bid to force the bank to temporarily prevent colleagues from “poaching” her clients, the first major ruling in an unusual dispute that has riveted Wall Street. The ruling from a federal judge on Wednesday leaves wealth manager Gwen Campbell, whose elite clients include Forbes 400 billionaires
Sharing is Caring! by Martin Armstrong QUESTION: Marty; would you comment on David Stockman’s assistance that the fundamental consequence of 30 years of Fed-fueled financial asset inflation is that the prices of stocks and bonds have way overshot the mark. Thank you HW ANSWER: David Stockman was the Director of the Office of Management and Budget (1981–1985) under
Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at $3,600. Still, derivatives data is signaling that pro traders are not concerned about the seemingly bearish market
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency Exchange in Indonesia Blockchain and cryptocurrency infrastructure provider Binance announced Wednesday that it has established a
November and December are the months when most people gather with family. You may have traditions that go back to your childhood, involving where you gather, what you cook, how you treat one another, etc. And, hopefully, you look forward to these family holiday get-togethers. Holiday gatherings in 2021 may be especially meaningful to you
[embedded content] In a surprising year-end move, gold rose to three-week highs after the Federal Reserve meeting. Is the tide turning for gold or is it another bull trap? Here’s a look at Kitco’s top three stories of the week: 3. Gold price hits daily highs as Powell explains ‘real-time’ policy making, inflation and maximum employment
Those who see the future believe the metaverse will become a fully functioning economy before we know it, offering digital experiences as… by Doug French via Mises Charlie Munger defines old school. The ninety-seven-year old is partners with Warren Buffett at Berkshire Hathaway. He’s lived and invested through a few booms and busts in his
Investing in microcap stocks, also called penny stocks, demands a higher degree of risk tolerance than investing in small-cap stocks because risk increases with lower market capitalization. One reason for this higher risk is the thin trading volume for microcap stocks, which can make it difficult to sell shares at the desired price within a
Brexit minister Lord David Frost has quit the UK government in the latest blow to Boris Johnson’s authority. The cabinet minister’s departure from government during such an intense period of negotiations with Brussels is likely to increase Eurosceptic fears that Johnson is capitulating on post-Brexit trade arrangements in Northern Ireland. It is understood Johnson is
The Netherlands has become the first EU country to re-enter a strict nationwide lockdown, in a response to the spread of the Omicron Covid-19 variant that will shutter swaths of the economy until at least mid-January. Tough new restrictions to close all bars, restaurants, non-essential shops, cinemas, and gyms will kick in from Sunday morning
The first client arbitration award out of a wave of complaints involving a discharged former J.P. Morgan Advisors representative will cost the firm $4 million. A panel of three FINRA arbitrators in Houston ordered the firm’s traditional brokerage to pay Lacey Winston Keath compensatory damages in a Dec. 9 ruling after she alleged that J.P.
As of today, Coinbase has 139 tradable assets. The exchange added a whopping 83 assets to its trading list in 2021, nearly double the number of assets it had accumulated in the eight years since its founding. Is this rapid expansion a simple cash-grab? Are any of these lesser-known tokens and coins securities? Is this
Palm Springs is the perfect getaway for those equally obsessed with luxury and design. While there are many chicly designed hotels in the greater Palm Springs area, the JW Marriott truly stands out for a variety of reasons. In the third and fourth quarters of 2021, the hotel revealed major renovations, elevating the property to
The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon and Avalanche to Its List of Cryptocurrency ETNs Vaneck has announced
In 2014, Rep. John Larson introduced for the first time a bill called the Social Security 2100 Act, which consisted of seven provisions intended to boost Social Security’s benefits and revenues, with revenue increases intended to be sufficient to remedy forecasted shortfalls and fund the benefit increases, and with confirmation of such by the Social
Americans Nic Fink and Rhyan White won gold at the world short course swimming championships after Olympic teammates Lydia Jacoby and Katie Grimes withdrew due to COVID-19 protocols on Saturday. Fink won the 200m breaststroke in 2:02.28 after qualifying in seventh place and sitting third at 150 meters. He upset Olympic silver medalist Arno Kamminga
Imminent collapse of the entire paper money system… by Samuel Briggs via Kinesis In this week’s Live from the Vault, Andrew Maguire is joined by none other than, personal finance legend, Robert Kiyosaki. Pulling no punches, the best-selling economic author makes his case for the imminent collapse of the entire paper money system. The two
Workers contribute to the Social Security fund through payroll taxes over a lifetime of work, so you might as well make the most of your benefits. This article contains nine ways you may be able to boost your Social Security benefits. Key Takeaways Retirees can boost their Social Security with a few key strategies. Wait
HTSI editor, Jo Ellison © Marili Andre ’Tis the week before Christmas, and in this, our last issue of the year, we take an opportunity to look back at some of the highlights of 2021 as well as capturing the energy to take us into 2022. A year that has found us in many different situations ends on a
Government science advisers have warned ministers that tighter Covid restrictions need to be implemented swiftly in England to stem the spread of the Omicron coronavirus variant and avert a wave of hospitalisations similar in scale to last winter. The warning came as London’s mayor, Sadiq Khan, declared a “major incident” in the city. Khan said
Investors should hold off from ditching all their high-priced growth stocks for cheaper value shares as bond yields rise, at least until benchmark Treasuries yield 3%. That’s the view of The Leuthold Group’s Jim Paulsen, who calculated the risk-return profiles of U.S. growth and value shares at different Treasury yield ranges, going back to 1950.
Avalanche (AVAX) strengthened its case for a potential upside run towards $160 in the coming sessions as it broke out of a classic bullish pattern earlier this week. Dubbed “bull flag,” the pattern emerges when the price consolidates lower/sideways between two parallel trendlines (flag) after undergoing a strong upside move (flagpole). Later, in theory, the
Dutch Colonial homes are so called because the style originated from American settlers hailing from the Netherlands in the early- to mid-1600s. The giveaway feature is the broad, double-pitched roof that changes angles midway to slope nearly straight down. This gambrel or barn roof allowed attic to be used as living space. A newly constructed
The Argentinian Chamber of Fintech, a membership-based organization whose goal is to lead the digitization and modernization of the financial services industry, issued a series of recommendations for the upcoming regulation of virtual assets in the country. The proposed framework asks the government to follow FATF recommendations, and it calls for a clear definition of
Investors have been very focused on capital gains and what to do about them through 2021. You might minimize taxes and maximize after-tax income by cashing in gains using a charitable-giving strategy. Strong appreciation in the stock market the last two years have many people sitting on substantial investment gains. Some are looking to take
In New Delhi, 10 grams of 22-carat gold is being purchased at Rs 46,850, as per the Good Returns website. Representational image. News18 The selling value of 10 grams of 24-carat gold in the country remained at Rs 48,720 today, 18 December, witnessing no change as compared to yesterday’s purchasing price. Meanwhile, silver is being