Month: July 2020

We declare.
We fight.
We maintain.
That’s the true story of Independence Day. We’ll get there in just a second, but a bit of a funny story must come first.
We went shopping with Mrs. Manward last night. We needed new gates for the farm.
Oh boy.
When we pulled our trailer into the lot, we were greeted by chaos. Cars were darting to and fro. Folks were skittering across the parking lot. And a few folks were even grilling behind their cars.
We’ve never seen such a mess… at least not at this dusty, old farm store.
At first we wondered if the owners took our advice …read more […]

How far off is Intel Corporation (NASDAQ:INTC) from its intrinsic value? Using the most recent financial data, we’ll… …read more […]

A look at the shareholders of Arcimoto, Inc. (NASDAQ:FUV) can tell us which group is most powerful. Institutions will… …read more […]

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If you’re reading this article, it is likely you are interested in how to achieve wealth. Well you’ve come to the right place. Investment U has been helping millions of every day people just like you grow their wealth for over two decades.

Before we get into how to achieve wealth, let’s answer the question, “what is wealth?”
“Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.”
Wealth can have a different meaning, depending on who you ask. It could refer to an abundance of time, education, possessions …read more […]

(Bloomberg) — The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period.Japan’s Government Pension Investment Fund lost 11%, or 17.7 trillion yen ($164.7 billion), in the three months ended March, it said in Tokyo on Friday. The decline in value was the steepest based on comparable data back to April 2008, reducing the fund’s total assets to 150.63 trillion yen. Foreign stocks were the worst performing investment, followed by domestic equities.The results come just months after the fund revamped top management and …read more […]

(Bloomberg) — The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period.Japan’s Government Pension Investment Fund lost 11%, or 17.7 trillion yen ($164.7 billion), in the three months ended March, it said in Tokyo on Friday. The decline in value was the steepest based on comparable data back to April 2008, reducing the fund’s total assets to 150.63 trillion yen. Foreign stocks were the worst performing investment, followed by domestic equities.The results come just months after the fund revamped top management and …read more […]

South Korea’s LG Chem Ltd plans to start producing batteries for Tesla Inc vehicles at a domestic factory this year after the U.S. electric carmaker raised orders to cope with demand, a person familiar with the matter said on Friday. “Tesla is asking not only LG Chem but other suppliers to increase supplies, as its cars are selling well,” the person told Reuters. A second person with knowledge of the situation also said LG Chem is converting some of its production in South Korea to produce batteries for Tesla. …read more […]

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(Bloomberg) — Pine Labs, the Indian payments company backed by Sequoia Capital and Mastercard Inc., is considering a bid for fallen fintech star Wirecard AG’s businesses in Southeast Asia and India, according to people familiar with the matter.A potential bid is still at an exploratory stage, as there’s no information available yet on the valuation and finances of Wirecard’s Asian operations, said the people, who asked not to be identified as the information is confidential. There’s no certainty that Pine Labs will proceed with a formal bid, the people added.The sale of Wirecard’s businesses will be clouded by ongoing probes …read more […]

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(Bloomberg Opinion) — U.S. President Donald Trump is furious at Germany for many reasons, not all of them fathomable. In phone conversations with Angela Merkel, he’s allegedly called the German chancellor “stupid” and denigrated her in “near-sadistic” tones. Though this be madness, as the Bard might say, there is — on rare occasions — method in it. One such case is Nord Stream 2.It is an almost-finished gas pipeline under the Baltic Sea between Russia and Germany, running right next to the original Nord Stream, which has been in operation since 2011. “We’re supposed to protect Germany from Russia, but …read more […]

(Bloomberg) — The chaos that engulfed the gold market in March as the global pandemic choked off physical trading routes is rippling through other precious metals, resulting in price dislocations and a surge in exchange inventories for silver and platinum.The gold market was thrown into turmoil in March as lockdowns grounded planes and closed refineries, leading traders to worry they wouldn’t be able to get gold to New York in time to deliver against futures contracts. That caused futures, which typically trade close to the London spot price, to soar to a premium, inflicting losses on banks that struggled to …read more […]