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Top Articles
Many investors believe that fossil fuels are essential for strong retirement investment returns. But is that actually true? In this article, we test that assumption—comparing the performance of portfolios with and without fossil fuel exposure. While we focus mainly on investment performance (also known as risk-adjusted return), we also explore…
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Week in Review Asian equities were mostly higher this week, as Japan and China outperformed, while Indonesia and Australia underperformed, after Israel and Iran agreed to a ceasefire following US strikes. Six government agencies announced various measures, including expanding consumer lending and strengthening access to pensions for individuals, to stimulate domestic consumption in a joint press release on Wednesday. Brokerage firm Guotai Junan International became the first Mainland China-based company to offer trading accounts for cryptocurrency, making them available to clients in Hong Kong after securing approval from the special administrative region’s (SAR) Securities & Futures Commission (SFC). Starbucks rebuffed…
What’s would be the real result of a new millionaire tax in New York City? Billionaire Bill Ackman, founder and CEO of Pershing Square Capital Management, suggests the answer is that wealthy taxpayers will flee. In a post on X (formerly Twitter), Ackman lamented Zohran Mamdani’s Democratic primary win in the New York City mayoral race, by stating, “New York City under Mamdani is about to become much more dangerous and economically unviable.” Ackman’s post, which has garnered more than four million views, was a direct response to Mamdani’s surprise Democratic primary win in the Big Apple. The 33-year-old Democrat garnered…
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