by Michael Snyder I’m just going to be very blunt with you. Things have already gotten quite crazy, but they are going to get even crazier. Global food supplies have already gotten tight, but they are going to get even tighter. When even the UN starts using the word “biblical” to describe the famine that the world
Mergers and acquisitions are one of the big trends in the advisory industry this year and, despite the COVID-19 pandemic, they show no signs of slowing down. Paired with the continued growth of registered investment advisor (RIA) firms, these trends signify a shift in the opportunities available for advisors. We recently sat down with Shirl
Warren Buffett Gerry Miller | CNBC They say 90 is the new 70, and in Warren Buffett‘s case it may be true. The chairman and CEO of Berkshire Hathaway announced today, on his 90th birthday, that his company has acquired a slightly more than 5% stake in each of the five leading Japanese trading companies.
Walmart is revamping and rebranding its rival to Amazon’s Prime service as the world’s biggest bricks-and-mortar retailer steps up efforts to cement loyalty among the shoppers it has won over during the pandemic. Fuel discounts and speedier shopping in stores as well as free online grocery delivery will be offered to US customers who sign
Matthew Rocco in New York New coronavirus infections in the US were on track to fall by one-quarter in August, after rising on Monday by their smallest amount in more than two months. There were 31,406 new confirmed cases, which brought the nation’s total since the pandemic began to just under 6m, according to the
The asset management industry is speaking out against a Trump administration plan that would make it more difficult for them to incorporate ESG factors when making investment decisions, a move that could limit green investing in 401(k) plans. Fidelity Investments wrote in an 11-page letter to the U.S. Department of Labor that the proposal’s assumption
Food industry officials in the United Arab Emirates may soon have a blockchain-based supply chain to obtain agricultural products directly from India. According to an Aug. 31 report, officials in the United Arab Emirates (UAE) will be using Agriota E-Marketplace, a new platform that employs blockchain technology to bridge the gap between farmers in India
Small Cap write on sticky notes isolated on Office Desk. Stock market concept getty Publicly traded small-cap companies of any kind – real estate investment trust or otherwise – might not seem like your cup of tea at the moment. If that’s the case, it’s understandable. More than understandable, in fact, considering how this year
Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U.S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions. “One of the inputs of this transaction has
Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) on May … [+] 26, 2020 on Wall Street in New York City. – Global stock markets climbed Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as
Municipal bonds saw an August that marked the third consecutive month with issuance greater than $40 billion in 2020. Long-term muni bond volume was 4.1% higher year-over-year at $41.29 billion via 1,056 transactions in August, more than the $39.52 billion spanning 982 transactions the market saw in August of 2019. “Although August volume slowed from
The seasonally adjusted estimate for mineral exploration expenditure fell 6.8% to $665.0m in the June quarter 2020, the Australian Bureau of Statistics announced today. The largest contributor to the fall this quarter was Western Australia (down 7.8%, -$33.3m). Petroleum exploration tumbled sharply. The seasonally adjusted estimate for total petroleum exploration expenditure over the same time
We’re in the midst of the Greater Depression, and both the societal chaos and the economic chaos are dead ahead… Doug Casey interviewed by Sean on SGTreport If you think it’s bad now, Doug Casey explains that we’re in the midst of the “greater depression” and the real chaos, both societal and economic, is dead
Smart investors are always looking for a reliable sign that will indicate a stock’s likely movement. The key is making the right moves at the right time. Following the insiders is popular strategy, and for good reason. Insider traders are simply corporate officers, whose position inside their company gives them access to information that may
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell: Zoom Video — Shares of Zoom
When you think of Medicare, you probably assume that it’s for people of retirement age. That’s true, but the program covers more than just those who have worked all their life. You might be eligible right now and not know it. That’s because while the bulk of beneficiaries, more than 80%, are people aged 65 or
Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | Getty Images Shares of Apple and Tesla rose sharply on Monday, the first day after their recently announced stock splits took effect, as investors continued to
Argentina has successfully restructured almost all of its $65bn debt with private creditors in a major milestone that will enable the country to put an end to its ninth sovereign debt default. Martin Guzmán, Argentina’s economy minister, announced on Monday that 99 per cent of creditors had accepted his government’s offer, which extended maturities on
Before enrolling in a Tokyo arts college for the April school year, one 18-year-old Japanese woman had expected student life to be full of new encounters combined with rigorous practical training. But instead, coronavirus has forced her to sit at home every day for months in front of her computer taking classes online. Now, as
Q: With everything going on involving the coronavirus pandemic, what would you say is the most important thing broker-dealers should be focused on at this time? A: I generally say the most important thing broker-dealers, or any business, should be focused on is their business continuity plan (sometimes referred to as a disaster recovery plan).
Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback. This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price
Lesson #1: Keep it simple. Maxwell Ryan While parents and administrators were hoping school would resume in the fall, that simply isn’t case for many children. While some schools have opened back up, others are entirely online or using a hybrid model. Then there are parents who are opting out altogether in favor of traditional
The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track illicit monero transactions. Despite the firm’s claims, there is zero evidence provided that prove the company
A century after winning the right to vote and in the midst of a pandemic, female fund managers are outperforming their male colleagues on Wall Street. That is according to a team of equity strategists at Goldman Sachs, who crunched the numbers in honor of 2020, which marks the 100th anniversary of the 19th amendment’s
Lori Lightfoot, mayor of Chicago, speaks after being sworn in during an inauguration ceremony in … [+] Chicago, Illinois, U.S., on Monday, May 20, 2019. Chicago makes history Monday as Lightfoot becomes its first black, female mayor after sweeping all 50 wards by promising to reform the third-biggest U.S city. Photographer: Daniel Acker/Bloomberg © 2019
Municipals were steady Monday, with yields across the curve finishing out the day unchanged after the recent market correction. Yields barely budged off last week’s higher levels. In the primary, a New York State issuer is coming to market with an affordable housing deal that it has designated as “social” bonds as environmental, social and
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - Gold prices are modestly up and silver prices sharply higher in midday U.S. trading Monday, supported by a slumping U.S. dollar
“…markets naturally flow then ebb, taking two steps forward before retreating one step back. Their price action gradually meanders around…” by Adam Hamilton of Zeal LLC The silver miners’ stocks have had a roller-coaster ride of a year, getting sucked into March’s stock panic before skyrocketing out in a massive upleg. While much-higher prevailing silver
The coronavirus has thrust many previously unknown pharma companies into the spotlight. You can certainly place Sorrento Therapeutics (SRNE) on this list. The company’s unique approach to fighting COVID-19 has resulted in sky scraping surges, yet it hasn’t all been plain sailing. The Yale School of Public has recently won an FDA emergency approval for
Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines midday Monday: Apple — Shares rallied 3.5% as its long-awaited 4-for-1 stock split took effect. That gain made the tech