News

We have a real "who done it" on our hands. Somebody took around $7 billion out of Vanguard's S&P 500 ETF.......symbol VOO.......in just one day last week. That amounted to roughly 4% of the fund's assets and looks like it was done in one large record setting trade. That's a really big deal.

Now - there are digital banks for teenagers (Step comes to mind and we just reported on them recently). There are platforms that enable you to gift your teen with fractional shares of stocks, like Stockpile and GiveAShare. All well and good - we love seeing platforms come out that help our young'ns become financially savvy and begin building portfolios.

The CEO of international financial advisory deVere Group, Nigel Green, has recently issued a statement noting that anecdotally, the firm is experiencing unusually high numbers of clients requesting assistance with its citizen and residency service.

For us poor unfortunate souls who have to watch this current political debacle unfold, you'll know that there are two US Senate seats up for grabs that could, conceivably, sway the entire political structure of the US, all happening down here in the Peach State, where yours truly currently resides.

LendingTree released a rather alarming report on American migration patterns in the time of COVID-19. Roughly 14% of people moved in with friends or family during the pandemic. In a survey of 2,000 people, LendingTree revealed that the migration is likely just getting under way.

With the price of Bitcoin about to burst through $20,000 you can be sure when it does all the mainstream news outlets will be jumping to get stories out ASAP

China’s national Xinhua news agency, in conjunction with search engine Sogou, have created a "vocational avatar" that uses Artificial Intelligence.

The second largest trading exchange in the world (behind the NYSE) has met with several state governors recently to explore potential "opportunities" and, as usual, the leading candidate for a relocation is TEXAS! Specifically, Houston.

The Ant Group IPO was on target to become the largest stock debut in history with $34B USD already lined up throughout the globe...

Alternatives investment platform iCapital has recently announced a new acquisition and several new offices & senior hires.