JPMorgan is hoarding as much as $500B in cash

KEY POINTS JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force the Federal Reserve to boost interest rates, Dimon said Monday during a conference. “We...

A Meme Stock Is Born: How to Spot the Next Reddit Favorite

  (Bloomberg) — Trying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole, bewildering analysts and investors alike. While there’s no steadfast definition of what constitutes a meme stock, one common...
test-php-789