Last year, the top 25 managers earned $32 billion even as the economy crashed and markets wobbled.

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These managers made bank Today, Institutional Investor unveiled the 20th edition of its Rich List, one of the most watched rankings of hedge fund managers’ performance. Every year, financial tycoons pore over the magazine’s estimates of whose fortunes are up the most. Last year, the top 25 managers earned $32 billion even as the economy crashed and … Read more

The Great Rotation is on. Insiders abandoning ship.

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Get out. Of overvalued large cap growth. The Great Rotation is on. pic.twitter.com/OGwsi3RbRG — Kevin C. Smith, CFA (@crescatkevin) February 22, 2021 Covid-19 has been devastating to struggling shopping malls: "Mall asset values have fallen approximately 45% from the 2016 peak, while mall appraisal values have dropped just 15%, likely because of a scarcity of … Read more

BOOM! SD Governor Kristi Noem Pummels Reporter Into Silence For Asking Tasteless Question

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https://www.youtube.com/watch?v=mLOeHltdPTI Martin Walsh from Trending Politics reports, South Dakota GOP Governor Kristi Noem pummeled a reporter on Thursday afternoon for asking her about a double mask mandate. Speaking at a press briefing, Noem slammed the idea of implementing a mandate that would require people to wear a second mask. Read More/Source/Credit/FairUse: https://trendingpolitics.com/gop-gov-…  

Texas Homeowners Power Bill Hit $17,000! Rates Skyrocket as Outages Widespread!

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Texas had been dealing with skyrocketing energy bills. Investing and hedging your bets is important. Always have savings, cash, protection in your truly diversified portfolio. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in … Read more

The Currency Collapse: Hyperinflation Has Begun | Gold & Silver Prices Set To Explode! – Steve Penny

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I LOVE PROSPERITY, Released on 2/21/21 In this video Steve Penny breaks down what an “invisible crash” looks like. Basically, this is when governments use hyperinflation to continually raise asset prices, so that people do not notice that the currency is collapsing. This has happened throughout history, and we’re beginning to see this more often, … Read more

Chinese billionaires with direct links to the CCP are buying up British schools

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NIGEL FARAGE: “Chinese billionaires with direct links to the CCP are buying up British schools — and flooding the curriculum with their propaganda.” Makes you wonder if the same isn’t happening in the US and Europe. BREAKING Chinese billionaires with direct links to the CCP are buying up British schools — and flooding the curriculum … Read more

Supreme Court clears way for prosecutors in NY City to receive 8 years of Trump’s tax returns

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Supreme Court clears way for prosecutors in New York City to receive eight years of former President Donald Trump’s tax returns and other financial records as part of an ongoing investigation into possible tax, insurance and bank fraud in Trump’s business empire. — Andrew Neil (@afneil) February 22, 2021 WASHINGTON (AP) — In a significant … Read more

Altria/Cronos Group – The Forgotten Deal ($MO/$CRON)

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by seebz69 The (Forgotten) Deal In December 2018, Cronos Group Inc. Announced C$2.4 Billion Strategic Investment from Altria Group, Inc. Altria Group bought a 45 percent stake in leading cannabinoid company Cronos Group for about $1.8 billion. Altria also has a warrant that would allow it to increase its stake in Cronos to about 55 percent at a price … Read more

Bitcoin Mining Is Big in China. Why Investors Should Worry.

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From the article itself: Roughly 20% of new Bitcoin is mined in Xinjiang, the site of some of the world’s most egregious human-rights abuses. Today, Bitcoin’s association with Xinjiang is barely discussed. But that may change. For public-facing funds considering investing in the notoriously volatile asset, there are two other risks to consider. The first … Read more