BY SVEN HENRICH The panic buying we’re seeing in $TSLA and $APPL today, following the historic runs into the stock splits effective today, firms my view that we are setting up for something sinister in markets. To be sure we live in strange times, even some bulls are capitulating giving up completely on rationalizing the
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Pre-Qualified vs. Pre-Approved: An Overview Most real estate buyers have heard that they need to pre-qualify or be pre-approved for a mortgage if they’re looking to buy a property. These are two key steps in the mortgage application process. Some people use the terms interchangeably, but there are important differences that every homebuyer should understand.
Trader on the floor of the New York Stock Exchange Getty Images Mutual funds managed by women are outperforming those managed by men this year as higher relative exposure to technology names drives performance, according to new research from Goldman Sachs. The firm found that 43% of women-managed funds — as defined by those with at
When Sumner Redstone passed away, ViacomCBS, the media empire he carefully curated, had an enterprise value of roughly $40bn. Included in the colossus: the CBS broadcast network, film studio Paramount, book publisher Simon & Schuster and cable networks MTV and Comedy Central. Together it contains some of the most successful creative minds in the world.
For nearly a decade, Israeli businessmen chasing lucrative deals in the oil-rich United Arab Emirates would board a private jet in Tel Aviv and head instead to neighbouring Egypt, one of only two Arab countries with relations with Israel. A five minute layover — dubbed the “diplomatic stop” — at Sharm El Sheikh airport on
Say what you will about 2020, this chaotic and trauma-filled coronavirus year. But between now its end, advisors have a rare opportunity to proactively engage our clients in tax and estate planning issues that will impact them and their families for decades to come. The inciting event, of course, is the upcoming presidential election. Although
Binance Card, a newly launched cryptocurrency debit card powered by Binance and the Binance-owned crypto commerce company Swipe, could soon enter the United States. This is all thanks to a new partnership which unlocks direct USD deposits for users in the country. Announcing the news to Cointelegraph on Monday, Swipe representatives said that USD checking
Many places with lake houses have activities year-round. getty Nothing says summertime bliss like hanging out in a lake town, watching the glowing sun set in the company of friends and family, sightseeing, visiting the local farmers market for fresh veggies and kicking back in a cozy cabin. “At a time when many Americans are
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized
WASHINGTON, Aug. 27, 2020 — Photo taken on Aug. 27, 2020 in Arlington, Virginia, the United States, … [+] shows a screen showing U.S. Federal Reserve Chairman Jerome Powell delivering a speech to the Kansas City Fed’s annual Jackson Hole research conference, which is held virtually this year because of the pandemic. Jerome Powell announced
Rhode Island Gov. Gina Raimondo is convening an eight-member municipal resilience task force, which she said will craft recommendations to build economic resiliency and curb costs to prepare for a post-COVID-19 future. The group, which the Rhode Island League of Cities and Towns requested, will consist of municipal, state and private sector leaders. “Now is
Gold rose 2% after the Fed’s new monetary policy strategy which suggested that the U.S. central bank’s key overnight interest rate, already near zero, would stay there for potentially years to come. Gold has gained nearly 30% so far this year, notching an all-time high of $2,075 earlier this month, as investors seek to buy
Everyone who used to voice that they wanted true freedom has silenced themselves since Trump’s election. That’s not a coincidence or an accident… by Mac Slavo of SHTFplan Admittedly, this was difficult for me and many others to come to terms with. But we don’t choose the president, they are selected by the Federal Reserve,
MGM Resorts International informed its staff that it would lay off 18,000 furloughed employees in the US as the casino operator grapples with the financial fallout resulting from the coronavirus-induced travel restrictions. MGM (MGM) will start the streamlining measure on Monday, according to a letter from its CEO Bill Hornbuckle to employees and seen by
by Michael Snyder In modern American history, we have never seen such a sudden mass exodus away from our major cities. Overall, the U.S. economy is a complete and total disaster in 2020, but moving companies and real estate agents that work in desirable rural and suburban areas are absolutely thriving right now. Each weekend we
[Julian Hebron is a guest columnist for Investopedia. His views and opinions do not necessarily reflect those of this site, although we did commission this article.] I’ve been in lending and banking for more than 20 years, and I bought my first home almost that long ago. So when the Investopedia crew asked me to
The US will declassify documents on Monday giving more detail on its security assurances to Taiwan, as Washington seeks to counter what it fears is a growing inclination by China to use military force against the island. The move marks the latest step in an American campaign to hold Beijing to account over everything from
George Russell in Hong Kong New Zealand reported another 15 cases of coronavirus at the weekend, including 13 linked to the Auckland cluster that prompted tighter restrictions in the country’s largest city to be enforced from Monday. Genomic evidence suggested the cluster originated in the AmeriCold frozen food facility, prime minister Jacinda Ardern said. She
The world’s largest cryptocurrency exchange, Binance, has targeted London commuters with new ads featuring Bitcoin. According to an Aug. 28 tweet from Binance.UK, the crypto exchange has placed new ads at 17 bus stops in London. The image shows two older generations of coins as well as a current two-pound coin used in the U.K,
435 Marina Blvd stands out as a showpiece of coastal modern design. Jacob Elliott Photography Imagine waking up every morning to serene views of the Golden Gate Bridge and beyond. A dreamy home for sale in San Francisco is the perfect haven for peace and quiet or adventures that await right outside the door. Juxtaposed
Zeus Capital has doubled down on its doomsday predictions on Chainlink (Link). It is now warning investors: “don’t get fooled… exit your positions before its too late.” The asset management firm’s involved assessment follows a sharp decline in the price of Link in the last couple of weeks. By August 28, the asset had tanked
Economic Security Planning, Inc. Today’s column addresses questions about whether survivor benefits include delayed retirement credits (DRCs), potential effects of a public pension on spousal benefits, filing retroactively for Social Security retirement benefits and whether caring for parents might affect disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Gold bars are pictured on display at Korea Gold Exchange in Seoul By Brijesh Patel (Reuters) – Gold prices climbed to their highest level in nearly two weeks on Monday, as the dollar weakened and the U.S. Federal Reserve’s new policy framework suggested that interest rates would remain low for some time. Spot gold was
Will these bullish candlesticks hold? submitted by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SFS Key Charts, Signals, & Video Analysis SF60
For the stock market, is it onwards and upwards? As the dog days of summer come to a close, stocks have ripped higher in a remarkable fashion, with the market sitting at record highs. That said, when we make our way into September, a historically rough month for equities, should investors put their hunts for
A master of business administration (MBA) degree is one of the most sought-after degrees for professionals looking to scale the corporate ladder, no matter whether they are in the business industry or a different one. While completing this degree, MBA candidates can make themselves even more employable by pursuing secondary degrees to complement an MBA.
A man was shot and killed in Portland, Oregon, on Saturday night during clashes between supporters of Donald Trump and Black Lives Matter protesters, leading Republicans and Democrats to blame each other for the violence. Police in Portland said a man was shot in the chest and killed shortly before 9pm local time. They did
United Airlines is scrapping ticket change fees for US domestic flights, as it tries to lure passengers back to the sky. The Chicago-based airline said it will permanently end the $200 fees, as well as extending the change fee waiver for international and basic economy tickets, as it struggles to deal with a huge drop-off
Many Americans have hitched their financial future to Big Tech, whether they realize it or not. Just five companies make up about 24% of the S&P 500 Index — Apple, Amazon.com, Microsoft, Facebook and Alphabet — up from 17% at the start of the year. That means a significant chunk of Americans’ net worth and
Two exchanges will offer both decentralized and centralized financial options. Both Bitrue and OKEx separately announced plans to provide hybrid services that cater both to the DeFi market and more mainstream centralized finance products. OKEx CEO Jay Hao tweeted on August 30 that the exchange launched its hybrid lending aggregator. The DeFi and CeFi aggregator