Talk of stock market seasonality tends to pick up towards the end of the year, and for good reason. Since 1950, November has been the strongest month of the year for stock market performance. With November’s arrival, there’s a lot of talk on Wall Street about stock market seasonality towards the end of the year…
In a recent podcast interview with Acquired, Charlie Munger, the business partner of Warren Buffett and Vice-Chairman of Berkshire Hathaway, expressed his harsh criticism towards day traders and venture capitalists. Munger emphasized that investing in today’s market is more challenging than ever before and warned that truly great investment opportunities are extremely rare. During the…
Indian cricketer Virat Kohli achieved a major milestone on his 35th birthday by hitting his 49th One Day International (ODI) century against South Africa in the ongoing ICC World Cup 2023. This century helped him equal the record for the most ODI centuries held by the legendary Sachin Tendulkar. The century came on a challenging…
Title: Indian Cricket Team Releases Heartfelt Video to Celebrate Virat Kohli’s 35th Birthday As Indian cricket icon Virat Kohli celebrates his 35th birthday, his former teammates and the entire Indian cricket team have come together to create a special video for the International Cricket Council (ICC), expressing their heartfelt wishes for the legendary batter. The…
Foreign bond investors are expressing serious concerns about the growing deficits in the United States, according to Gennadiy Goldberg, an analyst at TD Securities. This comes as demand for US Treasury bonds appears to be waning. Goldberg warns that foreign buyers are driving worries about demand in the Treasury-bond market, and the increasing deficits pose…
Warren Buffett’s conglomerate Berkshire Hathaway has broken its own records for cash accumulation, with its cash pile reaching an astonishing $157 billion last quarter. This surpasses its previous record of $149 billion, which was set in late 2021. In fact, Berkshire Hathaway’s cash reserves now exceed the market capitalization of Disney, which is valued at…
Buffer Onion to be Sold at Subsidized Rates by Mother Dairy’s Safal Outlets in Delhi-NCR In an effort to alleviate the burden of rising onion prices on consumers, the Indian government has announced that Mother Dairy’s Safal outlets will be selling buffer onion at a subsidized rate of Rs 25 per kg in Delhi-NCR. This…
Bank of Baroda (BoB) has reported a 28% increase in net profit for the second quarter ended September, reaching Rs 4,253 crore. This growth can be attributed to a decrease in bad loans and an increase in interest income. In the corresponding quarter of the previous fiscal year, the state-owned lender had achieved a net…
The probability of a recession is highly variable across different asset markets, according to JPMorgan. The Russell 2000 index indicates a 97% chance of an economic downturn, while 5-year Treasurys estimate it at 15%. JPMorgan’s Chart of the Day reveals the inconsistency in recession odds when analyzing equity, credit, and commodity markets. The small-cap Russell…
Scientists have long been puzzled by the origins of the Moon. According to the widely accepted theory, the Moon was formed around 4.5 billion years ago as a result of a massive collision between the early Earth, known as Gaia, and a Mars-sized proto-planet called Theia. This collision created a significant amount of planetary debris,…
