All posts by: r4ibom

The current stock boom in retirement accounts will wash out in years to come

Nikola Corp. disclosed Wednesday that it granted stock awards to executives in 2020 with a combined value of about $567 million, intended as an “incentive for future performance.”

U.S. stocks on Wednesday head for a third straight loss as fears of inflation weigh on Wall Street sentiment. Investors will watch for minutes from the Federal Reserve’s most recent policy meeting for clues on how the central bank will address evidence of pricing pressures building in the economy, which it has so far described as transitory.

Noted value fund manager GMO points to increased supply of stock being a signal of an imminent bust in the speculative tier of equities.

Adjusted earnings per share came in at 525% higher than last year.

Make sure you know all the details before investing in annuities — or ruling them out

The Bank of America global fund manager survey for May found that investors were increasingly positioned to what it called “boom expectations” — with exposure to commodities, banks, materials, industrials, and U.K. and emerging market assets at highs relative to the last decade.

Stocks in Europe pick up on selling from Asia and a downbeat day on Wall Street ahead of Federal Reserve minutes.

The warning from China’s central bank was posted on its WeChat account, according to analysts and media reports.

‘There will certainly be some controversy about this,’ one divorce attorney said after the FDA cleared the way for using the Pfizer/BioNTech vaccine on 12 to 15-year-olds.

Lollapalooza, one of the U.S.’s largest annual multiday music festivals, is set to return to full strength in late July after a nearly two-year hiatus.

Kyle Bass, chief investment officer of Hayman Capital Management, says that the biggest threat to the West is the advent of the digital yuan, which he has described as a Trojan Horse that could undermine Western developed countries.