Dec 15, 2019 | Investments
ETFs have taken over the investment world and are quickly putting mutual funds out of business. Their low fees and active trading during market hours characteristics make them more attractive than mutual funds. But, by far, their most important attribute is their...
Dec 8, 2019 | Investments
Last week, Louis Bacon, an investor who made a 30 year career of making over 20% gains annually based on “macro” investing by placing big wagers on variety of global indicators, called it a day and is closing down his funds at Moore Capital Management. The reason...
Nov 10, 2019 | Investments
Forget stocks, real estate, even cryptocurrencies — China’s hottest investment nowadays is Nike, Adidas, and Puma basketball shoes. Imitating a trend that harkens back to the Tulip mania in Europe in the 1600s, trading volumes on online “sneaker...
Oct 27, 2019 | Investments
Softbank, made famous by its huge $100 billion Vision fund and larger than life CEO – Masayoshi Son, is now beginning to look like any other VC with a rookie at the helm. Last week, Softbank, which made a wild bet on WeWork, a company that is burning thorough $2...
Oct 13, 2019 | Investments
Earnings season begins Oct. 15, with banks – J.P. Morgan Chase, Citigroup and Wells Fargo scheduled to announce their third-quarter results, with Bank of America following up the next day. Banks’ earnings are expected to be ok despite low interest rates. But,...
Sep 30, 2019 | Investments
With the President facing impeachment, investors are cringing, thinking of a repeat of 1974 when Nixon went down and took the markets with him. But history suggests otherwise. When Andrew Jackson was impeached, markets cared little. When Bill Clinton was impeached,...
