Man Group’s Ellis Says Some Hedge Funds Are Being Too Greedy
03/18/2021 2:39 PM(Bloomberg) -- In the never-ending give and take between hedge funds and their investors, some managers are simply taking too much. Says who? Surprisingly, a hedge fund manager -- one of the biggest, in fact. “It’s really important that most of the alpha goes to the...
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Not your grandparents’ bank
03/18/2021 2:10 PMMorgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds The investment bank told its financial advisors Wednesday in an internal memo that it is launching access to three funds that enable ownership of bitcoin, according...
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The World’s Changed – Should Public Education?
03/18/2021 6:30 AMIn all the worry about a permanent unemployed underclass post pandemic, there's virtually no mention of the role education could play in mitigating the...
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Amazon Has Made Rich Cities Richer—and Also More Dystopian
03/17/2021 10:45 AMTHE CORONAVIRUS PANDEMIC has offered a poignant reminder, as if we needed one, that the United States is a profoundly unequal country. Over the past year, the The Washington Post recently reported, nine tech billionaires saw their net worth increase by a total of $360...
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The Top 20 Countries for Ultra High Net Worth Individuals
03/17/2021 10:12 AMDespite the global hardships of the COVID-19 pandemic, the world’s ultra high net worth (UHNW) population increased by 2.4% in 2020, reaching an all-time high of 521,653. In this chart, we’ve used data from The Wealth Report 2021 by Knight Frank to list the 20...
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Schachter’s Eye on Energy – March 17th
03/17/2021 8:56 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 27 energy and energy service companies with...
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Rabo: Will This Look Like The 2013 Taper Tantrum… Or The 1994 Bond Massacre?
03/17/2021 7:41 AMThe Fed-dy Bears' Picnic “If you go down in the bonds today; You're sure of a big surprise If you go down in the bonds today; You'd better go in disguise! For every bear that ever there was will gather there for certain Because today's the day the Fed-dy Bears have...
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Chinese companies testing a workaround to Apples privacy features to track iPhones w/o permission
03/17/2021 7:18 AMTikTok wants to keep tracking iPhone users with state-backed workaround Some of China’s biggest technology companies, including ByteDance and Tencent, are testing a tool to bypass Apple’s new privacy rules and continue tracking iPhone users without their consent to...
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Who’s going to be the sucker?
03/17/2021 7:01 AMSPACs Are Lining Up as the Next WTF Chart of the Year Who’s going to be the sucker? Even the SEC, which has been asleep through all this, warns retail investors. But in the current mega-bubble craze, no one gives a hoot about anything anymore. SPACs – Special...
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Here Go Higher Gas Prices
03/17/2021 5:50 AMWholesale gas prices almost always go up this time of year because refining capacity diminishes as the switch from winter to summer grades takes place. But no matter what the season - there's always one...
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