Has the widespread unemployment benefits discouraged many workers from returning to work? A big drop in people seeking or receiving benefits in the past two weeks after the end of a $ 600 federal grant suggests that the answer may be yes. Early unemployment fell to 963,000 in early August, …
Read More »The dollar has weakened. Here’s the reason why this is actually undermining its role as the world’s reserve currency
It does not make much sense for the dollar to be used as widely as it is. Sure, the U.S. economy is the largest in the world, but the dollar is on one side of 88% of all currency trades, despite the US accounting for about a quarter of global …
Read More »The dollar has weakened. Here’s the reason why this is actually undermining its role as the world’s reserve currency
It does not make much sense for the dollar to be used as widely as it is. Sure, the U.S. economy is the largest in the world, but the dollar is on one side of 88% of all currency trades, despite the US accounting for about a quarter of global …
Read More »The professor who developed the indicator for inverted yield curve now advises when is the right time to rebalance a portfolio of 60/40
Campbell Harvey, a professor of finance at Duke University, is best known for developing the Recession Curve Indicator, known for its sterling record in predicting downturns. In a new paper he co-authored with Edward Hoyle, Sandy Rattray and Otto van Hemert of hedge fund giant Man Group, Harvey points to …
Read More »Here are lessons from two ’10 -bagger ‘investments by a fund that has doubled in value this year
Hayden Capital had a pretty good year – 101.2% back in the first half, according to its second-quarter share letter. Fred Liu, her management partner, discussed two of her so-called ’10 dredgers, ‘that is, investments that returned 10 times the original investment. One was a company that everyone knows, Amazon.com …
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