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Asian Economies Show Role of Fear in Economic Recovery
Taiwan and South Korea were barely touched by COVID-19 compared to the U.S., their shutdowns were less severe, and the pandemic is long gone. They are still afraid…
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Ray Dalio Offers Saving Advice During Downturn
Hedge fund manager Ray Dalio has shown he’s pretty good at saving money with the $14 billion that he’s saved up so far. He has some tips for…
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Destruction from Rioting Add to Pain in Retail Sector
The protests surrounding the killing of George Floyd continue with no end in sight. While the damage has been contained so far, the lack of an effective response…
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Pandemic Changing Landscape of Nursing Home Business
The high death toll that we’ve seen in nursing homes from COVID-19 has shocked people, but this goes on every year. This time around, people have really taken…
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Macy’s Generates a Little of Excitement with Bond Issue
The pandemic has hit retailers particularly hard, and this is a sector that was already in considerable distress. Macy’s seems to be doing their best to survive, but…
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Trump Lashes Out Against Social Media Censorship
We’ve always had media censorship, but we always could rely on social media to show us what we haven’t been allowed to see elsewhere. Times are really changing.…
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Carl Icahn Bails on Hertz as They Declare Bankruptcy
Hertz has been renting cars for over a century and started out with a dozen Model T’s in 1918. They have flourished through a lot of crises, but…
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Fed’s Beige Book Provides Insight on State of Economy
Eight times a year, the U.S. Federal Reserve provides a summary of the economy around the country, called the Beige Book. Their latest observations are now in. The…
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David Rosenberg Sees Current Recession 10X Worse Than 2008
Economist David Rosenberg might be the king of the bears, predicting recessions and bear markets year after year without fail. He is painting a very grim picture now.…
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How Well Have Liquid-Alt ETFs Fared During this Crisis?
Liquid-alt funds are designed to be more market neutral than normal funds, promising more protection against bear markets. How well have they done during this last one? While…