What Is a 'Drawdown'? In Translation: In the simplest terms, it’s a loss, and knowing an asset’s drawdown history can help investors build a portfolio.
Berkshire Hathaway Shakes Off the Ill Effects of the Pandemic Its second-quarter earnings rose substantially from 2020, with its railroad, utility and energy businesses showing the biggest gains.Warren Buffett, the chief executive of Berkshire Hathaway, has talked about the economy’s “red hot” pace, and how different it is from early last year.
As Democrats Seethed, White House Struggled to Contain Eviction Fallout The president was surprised by the reaction to the White House’s decision to ask Congress to extend an eviction ban, leading to a 36-hour scramble to keep people in their homes.President Biden and his team had accepted that a moratoriums on evictions first imposed last September would have to end.
As Democrats Seethed, White House Struggled to Contain Eviction Fallout President Biden was surprised by the furious reaction to the White House’s decision to ask Congress to extend an eviction ban, leading to a 36-hour scramble to keep people in their homes.President Biden and his team had accepted that a moratoriums on evictions first imposed last September would have to end.
U.S.-Stock Funds Rise for the Month, Helped by Earnings Reports Monthly Monitor: The favorite word for CEOs these days is “inflation”—it is dotting most earnings reports.
Saturday assorted links 1. A dating thread. 2. “THINGS THAT I HAVE DONE THAT YOU (PROBABLY) HAVE NOT.” Is that the good life? 3. WhatsApp vs. Apple. 4. “Acrobatic squirrels learn to leap and land on tree branches without falling.”
Gold Fundamental Forecast: XAU/USD Eyes CPI After NFP Plunge Gold prices plunged lower after a hotter-than-expected NFP report bolstered the US Dollar and Fed rate hike bets. The yellow metal turns its focus to CPI figures.
Disney Lawyer Defends Distribution of 'Black Widow' in Scarlett Johansson Fight The lawyer said Disney will seek to move the fight from the courts to arbitration.
Falsifiable Follow-up On Tuesday, in a previous post titled “Presuppositions,” I shared this picture: and wrote: Four cards are shown, each card showing a character on the side shown, namely A, B, 2, and 3, respectively.
Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar after the Strong July NFP? The US Dollar (via the DXY Index) has rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds.
Cigarette Companies Are Caught Between Death and Taxes Tobacco giants such as Philip Morris are counting on sales of noncombustible products to replace carcinogenic smokes. Government duties will influence how quickly that happens.
Say Goodbye to the 1% Investment-Adviser Fee? Investors who don’t want to pay the traditional 1% of assets for financial advice have an increasing number of alternatives.
Cigarette Companies Are Caught Between Death and Taxes Tobacco giants such as Philip Morris are counting on sales of noncombustible products to replace carcinogenic smokes. Government duties will influence how quickly that happens.
Gates will Lose – The Economy is Collapsing Anyway COMMENT: So far you gave the impression, that our friends BG / KS would not win Lately you seem not to be so sure ?? Just on principle , I reject the shot RM REPLY: No they lose.
McDonald's Pushes Diners to Use Trays as Food Bags Run Tight The burger chain recently told restaurant owners that they needed to limit orders of bags from suppliers as usage is running ahead of already high numbers last year—the latest supply challenge affecting U.S.
Berkshire Posts Higher Profit on Railroad, Utilities and Energy Operations Warren Buffett’s conglomerate reported second-quarter net earnings of $28.1 billion.
Why We Will Really Need COVID Passports Proof of vaccination or of recovery from the infection is increasingly being demanded, not just for international travel but also within many countries. The rising demand for a covid passport threatens our liberty going forward because COVID is certainly no more lethal than the flu and appears to hit the same age group.
Uber, Lyft Prices at Records Even as Drivers Return Data show average fares were at a record in July despite an improvement in the pandemic-driven shortage of drivers.
Robinhood’s Unfinished Business The company’s unresolved legal troubles cast a shadow on its I.P.O. rebound.
Canada COVID Concentration Camps? There are claims that Canada has set up concentration camps that have been questionable. Canadians were required to isolate in a hotel if they entered from the United States or elsewhere.
The Heritage Foundation Says the United States Should be More Like Denmark The Heritage Foundation says the United States should be more like Denmark. On economic freedom of course. We are not number one. We are not even #10. Very sad.
Alabama Is Home to One of the U.S.'s Tightest Labor Markets The city of Birmingham’s diversified economy, an earlier relaxation of Covid-19 restrictions, and limited number of available workers put it in competition with Salt Lake City for the lowest unemployment rate for large metro areas.