There was another rogue trader in the news recently. This creates an opportunity to dissect the rogue trader's mindset, and to extract a valuable lesson for investors. A rogue trader is someone who makes a bad trade, covers it up...
Did California just crush the “gig economy?” It's a real possibility, and you should stay away from Uber (NYSE: UBER) and Lyft (Nasdaq: LYFT). It was already an easy call to avoid UBER and LYFT. Both names had an initial...
In recent weeks, short-term U.S. lending markets have been in turmoil, requiring emergency shore-up actions from the Federal Reserve. The nickname for it on Wall Street is “repo madness,” because the problems involve the “repo market” and the overnight repurchasing...
How crazy were the drone and missile attacks on Saudi Arabia last weekend? So crazy that the Saudis are becoming oil importers. Seriously. A Sept. 19 Wall Street Journal headline read, “To Keep Exports Flowing, Saudi Arabia Looks to Import...
Is passive investing the greatest thing ever for investors? Or is the passive investing “bubble,” as some would dub it, a looming disaster that threatens to bring down markets and trigger a new financial crisis? This is a real debate,...
The states are coming hard for “big tech,” the nickname for Facebook, Amazon, Apple, and Google. On Friday, Sept. 6, the attorneys general (AGs) for multiple states and Washington, D.C., announced an antitrust investigation of Facebook. On Monday, Sept. 9,...
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