BEIJING–China’s foreign-exchange reserves fell to the lowest level in nearly six years last month, testing the central bank’s resolve to control the weakening yuan’s descent to a pace it dictates.
The People’s Bank of China said Saturday that the world’s largest stockpile of foreign currency plunged by $41.08 billion in December to $3.011 trillion, the....More>>>
Research Coverage- Viking Therapeutics (VKTX)
This is meant as a scientific/business development post as to the merits of VKTX. It is well known VKTX is undervalued (by upwards of 40x), but these details will not be discussed here. For a more detailed valuation analysis, see the end of Zacks SCR’s post.
Viking Therapeutics is a clinical stage biopharmaceutical....More>>>
You should buy Bitcoin now even if you think it’s a terrible investment.
If Bitcoin goes to zero, and she loses it all, it’s only a 4% loss against her total holdings. Her stocks, if they slightly beat the S&P 500 Index, would have gained about 20%. That would leave her with $28,800 on Dec. 31 – more than what she started with despite the Bitcoin loss.
&l;p&g;The Tax Cut and Jobs Act of 2017 lowers income-tax rates for all tax brackets, especially for high earners, and raises the estate-tax exemption&a;mdash;both of these changes benefit the wealthiest Americans. While the wealthy are clear winners, the vast majority of Americans will pay the same or less in taxes for more than one reason. First, there is the drop in tax rates across all income....More>>>
I’ve got one teenager with an active driver’s license and two teenagers in the “learning stage.”
Sometimes I think I’m going to lose my sanity!
The other day I was trying to give my son directions and I mentioned a major intersection near our house. It turned out, he didn’t even know the names of the streets!
It’s not because he’s....More>>>