Saudi Arabia’s sovereign-wealth fund committed $2 billion to Jared Kushner’s Affinity Partners, agreeing to allow investment in Israeli firms for the first time. Jared Kushner’s new private-equity fund plans to invest millions of dollars of Saudi Arabia’s money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties…
These 7%+ Dividends Are Built For A Recession
At times like this, our closed-end fund (CEF) dividends are a key tool to help see us through. He uses bandsaw to cut the wood gettyLet’s talk about last Friday’s market crash and the wobbly markets we’ve seen since. Because at times like this, our closed-end fund (CEF) dividends are a key tool to help…
If Biden Doesn’t Enact Student Loan Cancellation, Here Are 5 Reasons Why
5 reasons why Biden may not cancel student loans. Student LoansBiden is actively considering whether to cancel student loans for millions of student loan borrowers. Student loan forgiveness is wealth redistributionOpponents of wide-scale student loan forgiveness say it’s classic wealth distribution. If all student loan borrowers get student loan relief, it’s possible that wealthier student…
Urgent Google Android Update As 36 Security Issues Confirmed—One Already Under Attack
Got Android? Get that security update installed now. If you are an Android user, regardless of your hardware vendor of choice, then pay particular attention to getting the 36 vulnerability-fixing May security update installed as soon as possible. 36 vulnerabilities fixed in the May Android security patchIn all, some 36 vulnerabilities have been addressed in…
NYC Covid-19 Hospitalizations, Deaths Rising, Omicron B.2.12.1 Spreading
The number of new reported Covid-19 cases has been trending upwards in New York City since early March around the time many Covid-19 precautions such as face mask and vaccination requirements were being lifted. Based on the Centers for Disease Control and Prevention (CDC) Covid Data Tracker, this subvariant is now present in an estimated…
Stock Market Price Levels Now: NASDAQ-100, S&P 500
Support levels are those areas on the price chart where enough buyers showed up previously to reverse the downward pressure of sellers. Support levels are those areas on the price chart where enough buyers showed up previously to reverse the downward pressure of sellers. On the contrary, price chart analysis like this is more “just…
An Underappreciated Investing Tip: Check the Trademark Filings
A new study suggests that companies with relatively high trademark filings earn higher future profits Trademark filings can serve as valuable indicators for investors, according to a new study. When comparing companies based on how many trademarks they register in a year—relative to their total assets—it is the shares of the companies that register more…
Forget The New MacBook Pro, Apple Has Something Better
As WWDC 2022 approaches, the good news is the once fashionable design that hobbled the first M1 MacBook Pro and MacBook Air laptops is set to be replaced. Apple’s MacBook Pro and MacBook Air may have broken the rules when they debuted with Apple Silicon, but as WWDC 2022 approaches many are expecting to see…
The Recession No One Will Discuss; As Equity Investors Rush To Exit
The incoming data tell us that a recession is unfolding. Once that recession is recognized by the business community, the Fed will be forced to stop its tightening. Because it does not survey small businesses, BLS “adds” jobs that it attributes to that segment. Major Indexes Universal Value AdvisorsAs noted, there was a lot of…
Saturday, May 7. Russia’s War On Ukraine: News And Information From Ukraine
As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. Six Russian missiles hit the southern Ukrainian port city of Odesa. Two Russian missiles hit Ukraine’s northern Sumy region near the border with Russia. Intense fighting is continuing in the Kharkiv region as Ukraine tries to regain control…