A pension fund for retired President Michael Dukakis has asked Congress for $200 billion to cover the retirement and health care needs of the country’s next president.Dukakis’ $2.1 trillion presidential pension fund, the National Institutes of Health, received $100 billion in the 2016 election, and the next president will likely take home a similar amount, […]
The Republican Party is on the verge of losing a presidential election that Donald Trump won in a landslide, a poll finds.The poll, conducted by Quinnipiac University, found that the margin between Trump and Democratic nominee Hillary Clinton is now 10 points, a result that could spell doom for Republicans.The GOP also has an edge […]
Texas today has declared a “Zero Fund” to fund baby boomers in need, as part of the state’s effort to curb rising healthcare costs.The state’s Zero Fund is designed to pay for the care of parents who are still unable to support their children in their prime and for nursing homes and other long-term care […]
ESPN Crikey’s James Burt writes on how the Lord Abbitt Fund is making money through the sale of Premier League rights.Read more James Birtles article
FourFourSeconds ago, I wrote about the Fiduciary Fund, which has been attracting the most attention in the bond market as of late.Its annual return is around 7%.That is, according to Fidelity’s annual filings with the SEC, it earns 5.6% per year.That is great, but not as good a return as some of its competitors. However, if […]
Stock futures are set to hit a record low as global market traders continue to panic. The S&P 500 index is down more than 6% in the past 12 months, while the Dow Jones Industrial Average is down 1.4%. A stock market correction can hit the world economy with devastating consequences.Many investors and traders are hoping the […]
