Two institutional managers I know – one in a Fortune 500 defined benefit pension fund and the other in a municipal pension fund and later an endowment – believe it is important to bet on active management. For them, a 100% active allocation is not only acceptable, but desirable. Of course, anyone familiar with the […]
Not all creatives are poets and painters. Some are accountants and bankers. You may not realize it, but some of the most creative people are attracted to big piles of money. This particular mark of creativity explains why the banking sector seems to be going from crisis to crisis. We all know we are in […]
Consumer spending accounts for almost 70% of nominal US GDP. As such, consumer sentiment should have some correlation with market performance. Financial journalists certainly act as if it does. Whenever new sentiment or confidence figures – consumer or otherwise – are released, pundits spring into action, speculating on the implications of the data for markets […]
This man founded an industry that changed the face of retail. Yet… most people have never even heard of him. After this video, you will be one of the few who not only know who he is and what he has done… But I also fully appreciate why I focus on the person running the […]
Job May 26, 2023 by Nicole Samorukova Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Dror Poleg, and Downtown Josh Brown discuss the rise of Nvidia, the explosion of AI, the future of work, and more! You can listen to the whole thing below, or find it wherever you […]
US foreclosure rates by year, state and city (2023) By Ruchi Gupta Ruchi is a news reporter covering the US stock market. She has been monitoring and analyzing US public companies for more than 15 years. Updated May 25, 2023 Reviewed by Steve Rogers Steve Rogers has been a professional writer and editor for over […]
Do you remember your first use of the Internet? I’ll never forget the big bulky “box” on your desk that made that sound when it connected. (It’s here if you want to step back in time for a second.) Suddenly the world was online and at your fingertips. It changed everything. Web 1.0 in the […]
According to Marshall Koval, president of the company, Lumina Gold (TSXV:LUM,OTCQX:LMGDF) recently signed a precious metals purchase agreement with Wheaton Precious Metals (TSX:WPM,NYSE:WPM). and CEO. “This is a fantastic deal for Wheaton, for Lumina Group, Lumina Gold and for the country of Ecuador. It really gives us third-party verification that the project is on the […]
Job May 23, 2023 by Nicole Samorukova Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? In this week’s episode, Josh and Michael discuss the most important topics in investing and finance, including: ►Corporate Bonds – “One of Vanguard’s biggest credit ETFs loses a record $5.5 billion” ► 52-Week […]
The consideration of extra-financial information when carrying out financial analyzes is not entirely new for professional investors and analysts. But the demand for information beyond revenue, profit and other conventional accounting measures has increased dramatically in recent years. This year, investors with more than $130 trillion in assets have asked more than 15,000 companies worldwide […]