Category: Finance News

Jul 15

NewsWatch: This ‘anti-bubble’ investment could save your portfolio, says hedge-fund manager who’s returned 47% this year

MARKETWATCH FRONT PAGE Diego Parrilla is on the lookout for anti-bubbles. In other words, the manager behind the $450-million Quadriga Igneo hedge fund’s investment process focuses on cheap assets poised to perform when bubbles burst. See full story. ‘My PPP loan allowed me to reopen, but it is not going to allow me to stay […]
Jul 15

'Wake up call': Prominent group warns Biden campaign that it's falling short on outreach to women of color

People listen to Democratic presidential candidate Joe Biden at the Hyatt Park community center on May 4, 2019 in Columbia, South Carolina. It is Biden’s first visit to South Carolina as a 2020 presidential candidate. With less than four months until Election Day, a prominent group that advocates for women of color said Joe Biden’s presidential […]
Jul 15

Investing legend Burton Malkiel on day-trading millennials, the end of the 60/40 portfolio and more

There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation — that short-term fluctuations in the markets make stocks unpredictable and that it’s thus usually wiser […]
Jul 14

US Postmaster General tells postal workers to leave mail behind if it slows down their route

A USPS employee in Santa Monica, California, during the coronavirus pandemic. Mario Tama/Getty Images The US Postal Service’s new Postmaster General has established new cost-saving policies that could slow down mail service. Mail carriers are being told to leave mail behind at distribution centers rather than taking late trips, taking extra trips, or logging overtime, […]