The financial markets and the economy are powerful forces that shape our lives every day. The least we can do is try to understand them so we can better manage our lives and assets more effectively.
Strict Parents Fueling China's Growth?
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Could China's stricter parenting philosophy be the reason why China is starting to trump America? Amy Chua, author of "The Battle Hymn of the Tiger Mother," and Matt Comyns, CEO of Pacific Epoch, weigh in.
Portrait of John B. Stetson by Irwin Benoni, 1895. Credit: John B. Stetson Company. Chapter Eight Sitting on Top of the World Note: This sample chapter is from the forthcoming book Stetson: An American Icon After conquering the West, the rapid growth of John B. Stetson & Company after 1880 propelled the company toward another accomplishment – becoming the largest hatter in the world. While there are no historic data on the number of hats sold for most of the 1880s and 1890s, available information on earnings growth sheds light on the company’s rapid ascent up the ranks of hat makers. Starting from a net annual profit of $70,136 in 1879, Stetson’s earnings more than doubled to $185,457 eight years later in 1887. By 1890, profits were sharply higher at $332,624 on an estimated $1,330,000 in revenues. Based partly on those revenues and its ever-expanding factory complex, Stetson would claim in 1891 that it was the largest fur felt h
Gerald Celente on Ben Bernanke By Robert Stowe England December 8, 2009 Moscow-based RT, a 24/7 English language news broadcasting service, interviewed Gerald Celente, Director the Trends Research Institute, Kingston, New York, on whether or not Ben Bernanke should be confirmed for a new term as Chairman of the Federal Reserve. RT's Washington bureau reporter Cedric Moon conducted the interview via Skype broadband. In the interview Celente charges that Bernanke should not be re-appointed to the Fed because he has been a failure as its Chairman and cited several instances where he got in wrong -- most importantly by igniting a bailout bubble that will be worse than the real estate and mortgage-finance bubble that occurred because of the mistakes made when Alan Greenspan was Chairman of the Fed. Celente declines to offer another name for Fed Chairman, noting the choice is made by Wall Street insiders to protect their own interests. Citing Timothy Geithner's position as Treasury S
Hunter Horsley, chief executive officer of Bitwise Entrepreneurs believe that crypto index funds will greatly expand the crypto investor base just as the S&P 500 and the Russell 2000 indexes have done for stocks. By Robert Stowe England As entrepreneurs look to take cryptocurrency mainstream, they’re copying a tried-and-trusted approach from traditional investing: indexing. Index investing is designed to generate returns that are similar to a broad market index. This approach can reduce the risk of picking individual assets which might underperform the broad market. So, in the case of an equity index, instead of picking say Exxon, Apple, Johnson & Johnson, and Ford, for example, you invest in the broad market. Several new crypto index products have launched recently, offering investors new avenues into the market without some of the risks associated with putting money into single blockchain projects. Crypto indexers take their cues from broad stock
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