Only a culture which reinforces this idea of personal responsibility for one’s actions rather than glorifying thieves as winners will put us back on the right path...
Should investors accept a painful write down on their bonds in order to keep companies alive and avoid even worse pain later on? Or should they call the company’s bluff and insist on full repayment of their debt?
Mike Bloomberg may sell a minority stake in Bloomberg LP, the company behind both the cash cow that is the Terminal and the money-pit that is Bloomberg TV, to Ackman’s $5 billion blank-check company, Pershing Square Tontine Holdings.
Senior editor, Ash Bennington, joins Thomas Thornton, founder of Hedge Fund Telemetry, to discuss earnings, stimulus intervention, and investment time horizons…
Those who wish to restore these principles face a challenge of unprecedented severity. Anton argues that an elite based in certain blue states disdains ordinary Americans...
It appears NFLX pulled one too many subs from the future in Q1 and Q2 due to covid, and with just 180K new net subs in the US, one wonders if it's time for Netflix to pull "Cuties"?
Analysts expect more inventory draws (even after the previous week's big drop in crude and distillates stocks), but API reports that crude stocks actually rose by 584k barrels. API also reported another big distillates draw.
