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Are stimulus checks paving the way for a universal basic income?

Are stimulus checks paving the way for a universal basic income?
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Investors not-so-surprising secrets for wealth, happiness

May 27, 2021 THE WASHINGTON POST – William Green’s new book, Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life, offers an immensely alluring promise: By learning the secrets of great investors, from the famous, like Charlie Munger and Sir John Templeton, to those who deliberately fly below the radar, like Nick Sleep and Laura Geritz, we too can be as successful as they are, in business and in life. “They can teach us not only how to become rich, but how to improve the way we think and reach decisions,” and show us how “they attempt to build lives imbued with a meaning that transcends money,” Green wrote.

Bond King Jeff Gundlach says cryptocurrencies are the poster child for speculative fever in markets - but adds that bitcoin s sell-off may signal frothiness is drying up

Bond King Jeff Gundlach says cryptocurrencies are the poster child for speculative fever in markets - but adds that bitcoin s sell-off may signal frothiness is drying up egraffeo@businessinsider.com (Emily Graffeo) © REUTERS/Eduardo Munoz REUTERS/Eduardo Munoz Jeff Gundlach told Yahoo Finance that crypto is the poster child for the speculative fever in markets. The DoubleLine Capital founder and CEO added that bitcoin s recent sell-off may signal that some market frothiness is dissipating. The so-called Bond King was bullish on bitcoin in 2020, but now says the price is too high. Popular Searches The founder and CEO of $135 billion DoubleLine Capital said cryptocurrencies have become objects of speculation, fueled in part with government stimulus money.

Rout Lands on Nasdaq Where Shorts Are Massing, Bulls Ge

Short interest in the Nasdaq 100 exchange-traded fund, in free fall as recently as March, was surging before the index had its biggest plunge since March. Flows to the ETF were negative in April and would’ve been this month, too, if not for a jump on Friday. All told, about half a billion dollars has been drained from the QQQs this year. As the Nasdaq 100 trading at more than 5 times annual revenue dropped more than 2.5%, volatility in tech stocks jumped by the most since early March. With inflation expectations leaping to the highest level since 2006, everything from the biggest megacap tech stocks to the frothiest small fry was slammed. Futures on the Nasdaq 100 slid as much as 1.4% in early Asian trading on Tuesday.

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