October 2023
Is this the “secret weapon” behind the resilient U.S. economy? (from The Wall Street Journal on October 8)…
Why has consumer spending proven so resilient as the Federal Reserve has raised interest rates? An important and little-appreciated reason: Consumers are getting older. In August, 17.7% of the population was 65 or older, according to the Census Bureau, the highest on record going back to 1920 and up sharply from 13% in 2010. The
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New rules require hedge funds to disclose short sales (from The Wall Street Journal on October 13)…
Traders will get a broader look at which public companies are being targeted by short sellers under rules the Securities and Exchange Commission adopted Friday as part of its response to the 2021 GameStop trading frenzy. The final rules come more than two years after that drama, when thousands of investors coordinated on Reddit to
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