Pershing Square Capital Management founder Bill Ackman said his new special-purpose acquisition company is the “investor-friendly SPAC in the world.” “What’s new in our structure is that it is the first SPAC where we are not receiving compensation: no management fees, incentive fees … we are not buying cheap stocks. …
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It is difficult to find an asset in more than one roll than in silver. On Tuesday, silver for delivery in September SI00, + 4.25% It rose nearly 7%, the highest settlement since March 2014, and 83% above its March lows. Silver also rose in the early hours of Wednesday. …
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The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
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As the S&P 500 falls into positive territory again throughout the year, investors need to be mindful of the fact that a handful of stocks appear to be doing much of the heavy lifting. The benchmark market index rose 1.3% in 2020 through Monday’s close, but much of that profit …
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Two of the most reliable patterns in investing, according to Servo Wealth Management CEO Eric Nelson: stocks outperform bonds, and low-priced stocks outperform higher-priced growth. Stocks have delayed their end of the bond deal lately, but value stocks have been losing. It would be prudent for investors feeding off the …
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