Warren Buffett cometió un error de novato: ahora el mercado de valores lo está haciendo paga

Translating… Warren Buffett made a classic rookie investing blunder when he sold Berkshire’s airline holdings in April. He panic-sold the stocks, right before the industry bottomed out in May. The big four U.S. airlines have soared since then, posting gains of up to 100%. When Warren Buffett dumped all of Berkshire’s holdings in four U.S.…

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A este loco mercado de valores no le importa una guerra comercial entre Estados Unidos y China

Translating… The U.S. government will impose new restrictions on state-owned Chinese media outlets and plans to halt Chinese airlines’ access. The stock market remains unfazed by it, slightly retracing by 0.16% following a 2.05% gain on June 2. Equities are seemingly pricing in degrading U.S.-China relations. The U.S. government will impose new restrictions on Chinese…

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La estrella de 'Love and Hip Hop', Trina, demostró que es intolerante, pero ¿por qué estás sorprendida?

Translating… “Love and Hip Hop” star Trina made some inexcusably bigoted remarks about racial discrimination. She subsequently got “canceled” for her trouble. But she’s not the only celebrity whose concern for black Americans is performative, at best. A “Love and Hip Hop” star has just been canceled. Rapper Trina — best known for her work…

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El Auto-Appocolypse podría empujar a la economía estadounidense de un acantilado

Translating… Wells Fargo is stepping away from independent car dealers to distance itself from risky loans. The subprime auto loan market is looking increasingly dangerous. Without a speedy post-pandemic recovery, subprime auto loans are in danger of toppling the economy. This week, Wells Fargo confirmed that auto loans could be the catalyst that sends the…

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