It would be fair to say biotech has had an interesting time of it over the course of the past 15 months. Except, of course, that biotech always has an interesting time of it. The go big or go home sector of the market attracts speculators, scientists, and unsavory characters, but also attracts people hoping for critical improvements to their healthcare options.
With a lot of sentiment and....More>>>
On Wednesday, President Trump twice said the United States is “the highest taxed nation in the world.”
No, it’s not.
In fact, Trump has made the very same blanket claim at least 18 times before, according to the Committee for a Responsible Federal Budget.
Here are just a few ways the United States trails other countries in terms of taxation.
We know that the U.S. population is aging. 10,000 Baby Boomers turn 65 every day. Maybe that’s more than you thought. Maybe that’s less. But in absolute terms, it’s a lot of people requiring specialized housing (with long-term care option on site, for example) and a statistic that grows as the years go by. This yields very attractive economics in the demand for senior housing,....More>>>
Litecoin plunged to roughly half its all-time high earlier today. Shutterstock
Litecoin prices fell today, dropping to roughly half of the all-time high they reached earlier this month.
The digital currency declined to as little as $46.04 earlier in the day, roughly 50% lower than the high of $92.07 it hit on September 2,....More>>>
Shaw Communications (NYSE:SJR) has seen a strong reaction in its stock price in response to its 2nd quarter earnings report that showed significant subscriber performance in its cable and wireless segments. This was especially surprising as the company had lowered expectations ahead of the quarter. However, we think that the company is currently overvalued as it trades at a premium in forward EV/EBITDA....More>>>