POWER BROKERS OF DISTRESSED CREDIT: Meet 11 Wall Street stars trading busted bonds, bankruptcy claims, and other fire-sale securities

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POWER BROKERS OF DISTRESSED CREDIT: Meet 11 Wall Street stars trading busted bonds, bankruptcy claims, and other fire-sale securities

Finance     •     May 23, 2020, 12:52 pm

Distressed-credit trading at Wall Street banks has been a small, quiet corner of the market over the past decade.  But everything's changed in the last two months amid the worldwide tumult from the…

'Likely to be excruciating': A notorious stock bear says investor reliance on Fed money-printing is misguided — and warns of more than 50% crash from current levels

Finance     •     May 23, 2020, 10:05 am

John Hussman — the outspoken investor and former professor who's long forecasted a stock collapse — thinks investors are making a tremendous error by putting blind faith in the Federal Reserve's…

Lowe’s has identified 3 areas of focus for social distancing in its stores, including the garden area

MarketWatch - Facebook page/group     •     May 23, 2020, 10:34 pm

Lowe’s discovered where customers congregate and identified three areas to focus for social-distancing purposes: checkout, the outside garden and the paint counter.

Twitter billionaire Jack Dorsey on giving away his money: 'If someone is in pain, I am in pain'

SmartMoneyManagement - Facebook page/group     •     May 22, 2020, 2:55 pm

The co-founder and CEO of Twitter and Square, Jack Dorsey, is a multi-billionaire. He's also committed to giving away all of his money in his lifetime. Here's why.

気候変動が変える巨大金融機関の金の流れ──変わるか、ビットコインのダークサイド

CoinDesk Japan | コインデスク・ジャパン     •     May 23, 2020, 11:00 pm

あらゆる種類のエネルギーが高級なものとなり、世界の交通システムが電力に依存するようになるなか、エネルギーを大量消費することで知られるビットコインの未来はどうなる ...