Tag Archives: is

Einhorn on Tesla: ‘Like Lehman, we think the deception is about to catch up’

Hedge fund manager David Einhorn is blasting Tesla again. The investor compared the electric car maker to his most famous and prescient bearish call on Lehman Brothers. “Like Lehman, we think the deception is about to catch up to TSLA,” Einhorn said in an investor letter Friday. “Lehman threatened short sellers, refused to raise capital (it even bought back stock), and management ... Read More »

6 mistakes that small investors make when stock market is doing well, interest rates are rising

The biggest investing mistakes happen when markets are doing well. ET Wealth looks at the errors that small investors could make now. Rohit Verma is more surprised than worried when he looks at his mutual fund statement. “The markets have gone up by almost 20% in the past one year but my mutual funds are showing losses,” says the Delhi-based bank executive. Verma had ... Read More »

58% of Small Business Owners Say Business is Good, Up 39% from Last Year, Survey Says

The confidence among small business owners is at record highs, and the results from the quarterly CNBC/SurveyMonkey Small Business Survey has revealed as much. Q3 2018 CNBC SurveyMonkey Small Business Confidence Index More than half or 58% of small business owners in the survey said their overall business conditions are good, which is up by five percentage points from the second quarter’s ... Read More »

This is what the market looks like without FANGs

FANG weakness may prove nothing more than a breather after they rallied at three times the pace of the broader tech index this year. Rarely does a day go by in the US stock market without someone decrying its addiction to gains in the FANG bloc of tech megacaps. Now, in the middle of earnings season, their support has gone ... Read More »

What is a Microloan and Where Can You Get One for Your Small Business?

world, as a means of helping people in smaller economics have the ability to launch their own business. Microlending subsequently took off around the world, and today, small business microloans are an effective way to lend entrepreneurs and small businesses in the U.S. with the funds they need to start and develop their business. General Terms of Microloans The maximum ... Read More »

Why creating a ‘bad bank’ is a better idea than simply throwing money at PSBs

The financial year 2017-18 was among the bleakest for public sector banks (PSBs) as they together reported a record loss of Rs 85,370 crore. The banks had to make higher provisions for bad asset recognition as the Reserve Bank of India’s latest guidelines meant they could no longer restructure loans the way they had been doing in the past. Much ... Read More »

Pope’s Beef With CDS Market Is a Beef With All Markets

“Deplorable from the moral perspective.” Photographer: Franco Origlia/Getty Images Europe The Pope thinks the CDS market, and the traders in it, are quite literally going to hell in a handbasket, and he’s not just talking about the latest twist in the Hovnanian deal. On Thursday, Pope Francis delivered a wide-ranging speech about financial markets. General thesis: Modern finance is exacerbating global inequality by subjugating the value of actual work ... Read More »

WhatsApp is bringing Chat Filters in its Business App for Android

It has been only a few days since Facebook’s developer conference, F8 2018, has just got over and reports of new features in its various apps, whether Facebook or acquired ones like Instagram or WhatsApp are coming up. It has been reported that a chat filter and sticker album might be coming to WhatsApp. While the development team has just started working ... Read More »

Why Argentina’s economy is in trouble again

Argentina’s president Mauricio Macri has overseen reforms This wasn’t supposed to be happening to Argentina. The election, three years ago, of the moderniser Mauricio Macri as president was hailed as proof that what was once Latin America’s richest economy was getting back on its feet. Now, after the country’s central bank raised interest rates for the third time in a ... Read More »

Newsworthy Brit bank TSB is looking for a head of infrastructure

An exciting job advert has mysteriously appeared that is seeking a techie to head up infrastructure at TSB, just days after the bank’s monumental and ongoing IT cockup began. The Register has asked TSB what the recruitment means for current infrastructure head Damon Yates, who is still listed as holding the role on LinkedIn – a job he began back in November 2016. We also ... Read More »