While we feel semi-sorry for the people who waited for hours outside of Target to purchase Lily Pulitzer, and then were greeted with this upon entering….
Author: The Editors
The S&P Dow Jones Indices just released some news and it’s horrible. The S&P is up over 200% from the lows six years ago. That’s the good news (if you’ve been invested in stock funds).
The euro is now trading at a 12 year low relative to the U.S Dollar. The U.S. unemployment rate hit a 6 1/2 year low of 5.5% in February.
What do these two things have to do with the U.S. stock market dipping into negative territory for the year yesterday? If you read any headline, everything.
In case you thought your broker had to put your interests before their own money-making interests. Nope.
For those of you who subscribe to the free weekly newsletter, you know what MSB Cheat Sheet HQ is reading lately. For those of you who don’t, join the freeloaders society of America party, here.
Chelsea Clinton’s husband (he has a name but it’s much more fun calling him that) is a hedge fund manager who just lost boatloads of money in one of his hedge funds in 2014. This was a hedge fund that made a big bet on Greece and, well, he was wrong. Not kinda wrong, almost 50% wrong.
The price of oil is down over 50% over the last six months. Two-thirds of the goods and services Russia exports to other countries…… is?