The China stock market downturn and currency changes have started to impact the global market. With 50+ startups in my firm’s global portfolio and a fast growing startup of my own, I thought it would be very timely to discuss what is happening in China and it’s potential impact on startups.So I jumped on a call with Vaughn Tan, Assistant […]
On July 27, the Shanghai Composite Index fell 8.5 percent, its largest single-day loss since 2007. This came on the heels of major government intervention to stem the market’s slide earlier in July. What does the latest chapter of the crash mean for China’s economy? And, more broadly, what does it mean for the policies and politics of China’s current […]
The VAT rose from 13% to 23%, making some meats, cooking oils other than olive oil, cocoa, vinegar, salt, flowers, firewood, fertilizer, insecticides, sanitary towels and other basics all more expensive.Services hit by the new VAT increases include restaurants and cafes, funeral parlors, taxis, cramming and tutorial schools very popular with Greek students seeking to make up for the deficiencies […]
Submitted by Tyler Durden: It is no secret that US healthcare corporations have been among, if not the biggest beneficiaries of Obamacare: by “socializing” costs and spreading the reimbursement pool over the entire population in the form of a tax, pharmaceutical companies have been able to boost medical product and service costs to unprecedented levels with the help of complicit […]
Wikimedia CommonsNot professional investors.This is not how you learn about investing. Via The Wall Street Journal’s Jason Zweig:This past week, some of the hottest portfolios in the country—funds with names like Canyonville, Westminster and Passaic Valley—shut down after racking up spectacular returns.These aren’t hedge funds. They are play-money funds run by high-school students for a stock-picking contest.[…]Ryan McCabe and Vincent Botti, […]
Traders work on the floor of the New York Stock Exchange on March 16, 2015.Many Americans believe that the economic recovery has only recently picked up steam. But one group that is widely seen as benefiting in recent years are investors in the stock market. This is a point that former Sen. James Webb, D-Va. — a potential longshot candidate […]
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Investor confidence that the US will avoid a stock-market crash in the next six months has dropped dramatically since last spring.The Yale School of Management publishes a monthly Crash Confidence Index. The index shows the proportion of investors who believe we will avoid a stock-market crash in the next six months.Yale points out that “crash confidence reached its all-time […]
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Investor confidence that the US will avoid a stock-market crash in the next six months has dropped dramatically since last spring.The Yale School of Management publishes a monthly Crash Confidence Index. The index shows the proportion of investors who believe we will avoid a stock-market crash in the next six months.Yale points out that “crash confidence reached its all-time […]
The son of a millionaire Manhattan hedge fund founder who allegedly gunned down his dad over his allowance has been arraigned on a second-degree murder charge, authorities said.Thomas Gilbert Jr., 30, was also charged with criminal possession of a weapon and criminal possession of forgery devices in the Sunday killing of his 70-year-old father.New York City police said Thomas Gilbert […]
NEW YORKThe stock market has gotten a bit more finicky over the past week, and that begs the question of whether or not investors could be in for a rocky start to 2015.If so, investors should be putting together their plans for handling a market drop now, rather than risk reacting poorly when the tape is tumbling. With that in […]
