The economics establishment of policymakers, academics and central bankers have closed ranks around the idea that gold is a taboo subject... It wasn’t always this way.
Inspired? Good! Now central banks can get back to pushing junk bond and blue-chip stock prices higher to reward monopolists and monopsonists and day-traders.
It is tempting to conclude that the election will not matter in this environment of passive investing... That might be true, but this current bit of investor irrationality will end...
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…
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"?