by Jacques Lemoisson | Feb 8, 2021
The future is shaping fast under our eyes…. Asset Allocation without alternative assets would be laggards if these kinds of news occur too many times!! Share...
by Jacques Lemoisson | Feb 7, 2021
Renaissance’s Institutional Equities Fund, the biggest of the external vehicles, lost 19% in 2020, the letters show. That fund got the biggest chunk of the redemptions. The Institutional Diversified Alpha fund dropped 32% and the Institutional Diversified Global...
by Jacques Lemoisson | Feb 7, 2021
The brokerage industry added over 10 million new retail accounts in 2020, a record year, according to analyst Devin Ryan of JMP Securities. A large number of these were taxable accounts. Robinhood Markets Inc., which brought a flood of first-time traders into the...
by Jacques Lemoisson | Feb 7, 2021
Uses for the stimulus payments varied by age group. About 54% of people between the ages of 25 and 39 reported on the Census survey that they mostly used the stimulus money to pay off debt, and 26% said they mostly saved it during the Jan. 6-18 period. By comparison,...
by Jacques Lemoisson | Feb 7, 2021
Lawrence Summers, who served as Bill Clinton’s treasury secretary and Barack Obama’s top economic adviser, warned that Biden’s plan was excessive and that it might trigger “inflationary pressures of a kind we have not seen in a generation, with consequences for the...
