The email from the team @brewmarkets is the best, most efficient wrap-up of the stock market's daily activity that I've encountered.
(Also, it's free and contains delightful nuggets like this one.)
Exciting news: we just released our first YouTube video.
It's all about how prediction markets work — and why they've suddenly become so popular.
https://t.co/FllMJu3vW0
Wall Street set a low bar for earnings as companies face a mixed bag of macro factors:
🔴low consumer spending
🔴sticky inflation
🟢Fed rate cuts
Great guest column in @ReadOpeningBell from Morning Brew editor @ChristmasReeth@brewmarkets 👇
https://t.co/Ay26becyln
Exciting news: I wrote a guest column for @MorningBrew!
- stock market's absurd 2-year run
- typical bull-run is 46 months long
- 3 charts to explain S&P 500's strength
@ReadOpeningBell 🤝 @brewmarkets
A great line from Bill Miller.
"100% of the information you have about any business reflects the past, and 100% of the value of that business depends on the future".
Stupid question maybe. But if I'm an investor in a hedge fund, do I just pay the performance fees when I cash out?
Or do the hedge fund managers collect their annual 20% take, even if my gains are unrealized?
NEW: my column this week is about the coming vibe shift, from Boomers vs Millennials to huge wealth inequality *between* Millennials.
Current discourse centres on how the average Millennial is worse-off than the average Boomer was, but the richest millennials are loaded 💸🚀