Apple Bows to Regulatory Pressure to Cut Services Business Fees
Apple is cutting fees at its app store in half for most developers. Developers who produce up to $1 million in revenue from their...
An Ugly and Unusual Year for Most Successful Hedge Fund Managers
As we wrote in this month’s letter to our investment counsel clients, it’s been an unusual year.
Renaissance Technologies and Two Sigma Advisers, two successful...
Strong Industrial Production Report Points to Continued Economic Recovery
Industrial Production rose over 1% in the month of October. On a year-to-year basis, the industrial economy is still down, but with the real...
S&P 500 Index Funds Double Down on Bubble Stocks
Tesla is being added to the S&P 500. Measured by market value, Tesla is the largest car company in the world and the 10th...
The Dow’s Fastest Bear Market Recovery in 30 Years
Marketwatch reports here that the Dow just completed its fastest bear market recovery in 30 years. It takes an average of 1,483 trading days...