Retail investors are dribing this year's equity rally, JPM calculates, and adds that "in contrast to retail investors, institutional investors appear to have overall reduced rather than increased their equity exposure YTD."
A man rammed his car into a pedestrian area in a central square in the city of Heidelberg, injuring three people, then fled armed with a knife, and was subsequently shot after being tracked down by officers.
"I won't make comparisons but here, people don't have access to guns. Here, you don't have people with guns opening fire on the crowd simply for the satisfaction of causing drama and tragedy," Hollande said, responding to Trump's statement that "Paris is no longer Paris" after recent terrorist attacks.
The U.S. Customs and Border Protection agency said on Friday it will accept proposals next month for the design of a wall to be built near the U.S.-Mexican frontier, a first step in picking vendors for President Donald Trump's proposed border wall.
From his optimistic outlook for the US economy, immigrants, and capital markets, to this favorable take on buybacks and passive investment, to his slamming of hedge funds and active managers, all this and more is covered in Buffett's latest annual letter, whose highlights are summarized below.
After vowing to defy Trump's immigration executive order and "hire 10,000 refugees", Starbucks CEO Howard Schultz quickly found out the hard way that while most adult-aged Americans can agree that they like coffee, roughly 50% disagree with his leftist political opinions.
On Twitter and in public statements, Trump has railed against the leaks, raging that heads will roll if he learns who’s behind them. As it turns out, the law is on his side. However, these leaks are notoriously hard to prosecute and are rarely pursued. But, if there are, here’s what could happen to the culprits.
A tremendous number of things are happening in North Korea and Russia, which although not momentous when taken separately; are quite profound within a grander scheme: the worldwide plot to form a state of global governance.
Bitcoin is a primary means of capital flight out of China. How long will that last? Here’s one key thought on bitcoin from the article: “OKCoin is among cryptocurrency exchanges that has recently taken steps to halt bitcoin withdrawals amid efforts to clamp down on capital outflows.” When China launches its own cryptocurrency, will it ban Bitcoin transactions? If so, what happens to the price of Bitcoin?
CNN's political reporter Sara Murray has confirmed that CNN has been blocked from attending a White House press briefing this morning. Other reports note that The New York Times, LA Times, and Politico were also blocked. ABC, NBC, CBS, and FOX were allowed in but AP and Time have boycotted the event.
"The epic amount of collective psychic energy being diverted from what’s important into sexual fantasy, titillation, confusion, and litigation leaves us pathetically unprepared to face the much more serious crisis of civilization gathering before us."
Meet Ye Jianming: the 39-year-old head of China's biggest private oil company who generated nearly $40 billion in revenue last year, and who despite placing #2 on Fortune's "40 Under 40" list, has kept an unexpectedly low profile
When Nestle and other oppressed businesses and individuals can easily escape the clutches of totalitarian entities like California and, more importantly, the most dangerous government on the face of the earth for freer destinations, then will individual liberty and economic growth be assured.