Adani Group Stocks Crash, Dragging Down Indian Markets; Bill Ackman Says Hindenburg’s Report “Credible”

  • Post category:Finance

India's richest man, Gautam Adani, Founder and Chairman of the Adani Group, watched more of his corporate empire implode on Friday, with over $50 billion in market capitalization wiped out in two trading sessions following a report by US short-seller Hindenburg Research. Adani Enterprises…

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React: “Crypto Bull Run Will Start in 2024 — Bitcoin Price Prediction in 2023″ by ClearValue Tax

Crypto BeatJan 26·2 min read·https://www.youtube.com/watch?v=_BfrWRmoXDw&ab_channel=ClearValueTaxClearValue Tax predicts that the next bull run for cryptocurrencies will begin in 2024. He predicts that this will coincide with a deterioration in the economy and a downturn in the stock market. The high end of…

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Links 1/27/2023

  • Post category:Finance

What time is it on the Moon? Nature Decriminalize Moonshine! Reason Potemkin Village Heisenberg Report. On housing. Climate Natural disasters caused $313 bln economic loss in 2022 – Aon Reuters An EV in Every Driveway Is an Environmental Disaster New York…

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Blackstone President Says BREIT Still Has “Backlog” Of Redemption Requests

  • Post category:Finance

The $68 billion Blackstone Real Estate Income Trust (BREIT) has failed to stem soaring redemption requests from high-net-worth investors, Blackstone President Jonathan Gray told Financial Times in an interview.Gray said it was "a little early" to say redemption requests of the nontraded real-estate…

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For Blood and Money

  • Post category:Investing

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Nathan Vardi, and Downtown Josh Brown discuss Nathan’s book (For Blood and Money), the biotech landscape, hedge fund returns, the GOAT of investing, venture capital, why the…

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On Trump’s Truth Social: Ads for Miracle Cures, Scams and Fake Merchandise

Between posts about conspiracy theories and right-wing grievances was an unusual advertisement: a photo of former President Donald J. Trump holding a $1,000 bill made of gold, which he was apparently offering free to supporters.But there were a few catches: The…

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He’s Dazzled Diners in the U.S. Now He Aims to ‘Change People’s Perspectives’ in Ivory Coast.

The chef Roze Traore has spent years building a name for himself in New York, but for his new project, he’s tapping his family ties to West Africa.The chef and model Roze Traore has checked the big-name boxes in New York…

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Where Smoking Is Still Popular

  • Post category:Finance

Looked at globally, smoking cigarettes is gradually becoming a thing of the past, but as survey data from Statista Consumer Insights shows, the habit is dying hard in some countries.As Statista's Martin Armstrong reports, although aggressive pushes by the tobacco industry in some regions has led…

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The Post-Covid Global Economy: Could Negative Supply Shocks Disrupt Other Fragile Systems?

  • Post category:Finance

Yves here. I am preserving the title of this post by William White from the Institute of New Economic Thinking website, even though “post-Covid” will justifiably trigger some readers. However, the position of the article is that Covid continues to affect…

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