Police arrested dozens of pro-democracy individuals in an investigation into alleged attitudes under the Hong Kong China National Security Act, targeting the leadership of the massive opposition camp since the law was imposed by China six months ago. Those detained early Wednesday included most pro-democracy politicians who attended last year’s …
Read More »If 2020 was a year to buy rumors, then 2021 is the time to ‘sell the news’, says P newslet newsletter author
It wasn’t such a great start to the new year. S&P 500 SPX, -1.48% Fell 1.5% to start the trading year 2021, the worst single-day decline since October 28. Maybe one day represents the trend. “2020 bought the rumor, and 2021 will sell the news,” wrote Kirk Spano, author of …
Read More »Venezuelan opposition allowed to take biden set to take fees
When Venezuela’s government takes charge of the National Assembly on Tuesday, it will put US-backed opposition leader Juan Guido in its most ambiguous position since he became the head of the movement to oust dictatorial President Nicolas Maduro two years ago. For the current government, Mr Gowda will no longer …
Read More »Carl Eikan sells more than half of his herbalife stakes
Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
Read More »How the American Mortgage Machine Works
Every family needs a home, and so many risks are created by a standard 30-year mortgage in America. Finding an investor to take every risk is the work of Rub Goldberg’s paradox, which is the US housing-finance industry. How it all fits together investors will one day be seen wandering …
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