On August 25th, according to the Wall Street Journal, Taylor Thomson, heir to the Thomson Reuters media empire, invested in cryptocurrencies after listening to the advice of a fortune teller, and eventually lost more than $80 million. Thomson is said to have made the investment with the assistance of ex-best friend Ashley Richardson, who manages Thomson's $140 million crypto portfolio during the 2021 bull market. This includes a $40 million investment in XPRT, a native token of proof-of-stake bl...

On February 22nd, Buffett issued his annual shareholder letter, in which he noted that the value of his tradable stock holdings fell from $354 billion to $272 billion last year, but the value of his unlisted controlling stake has increased and remains well above the value of his tradable stock portfolio. We will always invest the vast majority of their money in stocks - primarily U.S. stocks, although many of these companies will have significant international operations. Berkshire will never be...
President Trump said he would demand an immediate reduction in interest rates.
January 22nd news, data show that in the first two weeks of January, the interbank certificate of deposit issued 163.83 billion yuan and 448.96 billion yuan, respectively, to achieve net financing of 119.29 billion yuan and 65.17 billion yuan; last week, the scale of interbank certificate of deposit issuance reached 495 billion yuan, and the net financing amount also reached 163.88 billion yuan, a significant increase over the same period in previous years. It is worth noting that there is "no s...
SEC Chairperson Gary Gensler announced that he will step down on January 20. Gary Gensler said: "The SEC is an amazing institution. Its staff and committee are mission-driven and focused on protecting investors, promoting capital formation, and ensuring that markets work for investors and issuers. Its staff are true public servants, and it has been the privilege of my life to serve ordinary Americans and ensure that our capital markets remain world-leading. I thank President Biden for entrusting...
On November 14, local time on the 13th, the new Israeli Defense Minister Katz, accompanied by the Chief of the Israeli General Staff Halevi, visited the Israeli Northern Command for the first time after taking office. During this visit, Katz said that the Israeli army will continue to fight until all war goals are achieved. Katz said that Israel will not cease fire and will not relax. Katz pointed out that Israel's goals include disarming Hezbollah, driving it out of the Litani River area, and a...
October 27th news, according to the latest disclosure of the three quarterly report of the fund, in the third quarter of this year, the central Huijin large-scale holdings of a number of wide-based ETF, only four CSI 300ETF and CSI 50ETF, the cost of up to 300 billion yuan. According to Huatai Berry CSI 300ETF, E Fonda CSI 300ETF, CSI 300ETF, Harvest CSI 300ETF disclosed in the third quarter of 2024, the third quarter of this year, the central Huijin Asset Management Co., Ltd. large-scale purcha...
Fed Williams said it would be appropriate to shift policy to neutral over time; Inflation has not yet reached 2%, but is moving in the right direction; Fed decision-making will continue to rely on data; U.S. unemployment is expected to be 4.25% this year and remain there around 2025; The job market is unlikely to be an inflation driver in the future; The economy is expected to allow the Fed to cut interest rates further; U.S. GDP is expected to be between 2.25% and 2.5% in 2024, with an average ...
Walmart heir Christy Walton will co-host a fundraiser for U.S. Vice President Kamala Harris, signalling the Democratic candidate's growing popularity among wealthy donors and business leaders. Tickets range from $1,250 to $100,000 for a lunch reception to be held in Jackson Hole, Wyoming, on September 15, with Michigan Gov. Gretchen Whitmer and former Montana Gov. Steve Bullock in attendance, according to the invitation. Walton is listed as a co-host of the event,...