What is Petro in an economic context and what would be its possible real use in the global economy? Is it a cryptocurrency, a stable coin, oil futures, new government debt instrument or something else?
Och Ziff's superstar credit trader, 34-year-old Jimmy Levin, who was passed over for the hedge fund’s top job in December after a feud with Dan Och, will remain at the fund, and get restricted stock worth $35.6 million as well as a guaranteed annual bonus of $7.5 million.
"...a solid majority of the American population feels no direct impact from stock market performance. The inverse is different. Long-term stock market performance depends heavily on the US population’s economic health. Stocks are businesses that need customers, so how are the customers doing?"