Soak the Boomers to Save Capitalism

Soak the Boomers to Save Capitalism

The intergenerational transfer of wealth is underway. The only question is how the government will manage it. By. Karl W. Smith. April 24, 2019, 4:00
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Uber has already made billions from its exits in China, Russia and Southeast Asia

Uber’s exits from China, Russia and Southeast Asia were billed as failures from the company, but the ride-sharing giant has already made billions on paper from those moves, according to its IPO filing. Uber released its much-anticipated S1 on Thursday U.S. …
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Toshiba shares slump after sale of US LNG business canceled

TOKYO (Reuters) – Toshiba Corp shares fell more than 5 percent on Friday after an agreement to offload its U.S. liquefied natural gas (LNG) business collapsed, a blow for the Japanese conglomerate which has been shedding assets to turn around its …
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Space tourism – a launch Australia can't afford to miss

In late 2018, Sir Richard Branson claimed his Virgin Galactic service would be taking passengers into space by the end of 2019 – that is, a few months from now. Whether or not the flamboyant entrepreneur meets that deadline, most experts agree it is only a …
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The Stock Market Goes Full Pollyanna

Here's another way of looking at it: Bloomberg News reports that the share of S&P 500 members trading above their 50-day moving average is floating
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