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Market participants this week are gearing up for a heavy week of new US economic data, including Friday’s monthly report from the Labor Department on non-farm payrolls....
(Bloomberg) -- Jeffrey Gundlach may be on the move.The Doubleline Capital chief executive officer tweeted an invitation for real estate agents in “low tax, well governed” U.S. states to call him, as he openly pondered leaving his Los Angeles base.In a series of tweets, sent late Saturday on the West Coast, the billionaire investor said that public figures including Elon Musk “are leaving California to escape incompetent governance.”Like many states in need of more revenue due to the economic ravages of the global pandemic, California is considering raising taxes on its richest residents. Democratic lawmakers in Sacramento have proposed increasing the top rate to 16.8% from 13.3% for incomes over $5 million, with changes retroactive to Jan. 1.New Jersey lawmakers this month approved raising the tax rate to 10.75% from 8.97% for those with incomes above $1 million and there’s a ballot measure in Illinois calling for higher levies on the...
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]...
Mexico’s oil reform, which opened up the nation’ abundant offshore reserves to foreign drillers could be about to reversed at the worst time possible...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like......
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may......
Every investor in Futu Holdings Limited (NASDAQ:FUTU) should be aware of the most powerful shareholder groups......
