Month: May 2019

https://www.cnbc.com/2019/05/02/warren-buffett-heads-into-berkshires-big-weekend-with-stock-underperforming-over-long-term.html Berkshire Hathaway shares are trailing the S&P 500 over the last one, five, 10 and 15 years. One Berkshire Hathaway stakeholder says they’re growing more uncomfortable with their position, given the company’s reluctance to flex its cash hoard. Berkshire Hathaway’s annual meeting, where 30,000 shareholders and Buffett fans gather in Omaha, Nebraska, is Saturday.

The red-hot initial-public-offering market continues, with 16 companies set to go public by May 10. These companies include mega-“unicorn” Uber, thought to be the largest IPO of the year. IPOs have performed well this year – with the exception of Lyft. Get ready for an initial public offering bonanza. The next 9 days are set to … Read more

This is a total smoke and mirrors #Fed discussion with #inflation as the distraction. Use any measure you want but the US has not experienced deflation since the 1930s depression. The hyperventilating about inflation is a ruse for the Fed to do whatever they want. #Criminal pic.twitter.com/HOZcSIDJ2J — Jack (@JackPScott) May 1, 2019 #Fed's Powell … Read more

Like flipping a light switch, Vanguard Group Inc. has figured out a way to shut off taxes in its mutual funds. The first to benefit was the Vanguard Total Stock Market Index Fund. Investors’ end-of-year tax forms abruptly stopped showing capital gains in 2001, even as the fund went on to generate billions of dollars … Read more

via scmp: Sluggish economy continues to slide as finance chief blames a ‘weaker global economy and various external headwinds’ Smallest increase in city’s GDP growth since 2009 Hong Kong’s economy has grown at its slowest quarterly rate in nearly a decade, reduced to a near standstill by weak consumer demand and shock waves from the US-China … Read more