Dow Jones gains 300 points supported by large banks, but ends off highs
Benchmark indices on Wall Street ended Thursday’s trading session with gains, albeit off the session’s highs, recovering some of the losses seen during Wednesday’s sell-off, particularly in tech shares.
The Dow Jones gained close to 300 points. At one point, the index had risen close to 450 points towards the 49,600 mark. Both the S&P 500 and the Nasdaq gained 0.25% each,
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Read MoreThe Burst
Crypto’s Dirty Little Secret EXPOSED
It’s popular to be on the side of crypto. It speaks to the innovative and rebellious spirit that weaves its way through generations of Americans. Crypto takes on “The Man”, fiat currency, centralized control, and ultimately Federal Reserve money printing. Yet, if crypto is the answer, why is it so reliant on fiat?
Here’s the dirty little secret of crypto exposed in plain sight.
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Read MoreThe Ivy
1 Healthcare Firm Billion Dollar Funds Bets On
Lantheus Holdings isn’t a healthcare firm that springs to the top of investors’ minds as say a United Healthcare might but it’s attracted the interest of one money manager who oversees almost $20 billion, Farallon Capital Management.
What is it that this astute asset manager sees in this off-the-radar firm which has sold off big time in the past 3 months?
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