Author: admin
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First Quarter 2019 Commentary
The stock market roared back in Q1, with the S&P 500 up a strong 13.6% and the Russell 2000 up an even stronger 14.6%. Q1 was one of the best first quarters in decades. Key takeaways include: The Q4 market swoon combined with the Q1 sharp reversal presented a deep V market formation. Currently the…
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UC Berkeley Uses Artificial Intelligence and 3D Printing to Collapse the Cost of Robotics
This week UC Berkeley released a paper suggesting it could produce a two armed collaborative robot for just $5,000, a dramatic drop from the $25,000 price point of Baxter, the cobot that Rethink Robotics introduced in 2012. If Berkeley is able to scale its robot successfully, then the cost of industrial robots has been dropping at an…
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Hilton Capital Tactical Income Strategy Quarterly Investor Call & Webinar
Link: http://cc.readytalk.com/play?id=bihce6
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5 ways to be fun-sponsible with your tax refund
Even though your tax refund may be smaller this year, it’s still really tempting to splurge with that money. We’ve got 5 ideas that keep the “fun” in your refund while letting you be responsible and strategic with your money. The key to fun-sponsible is using a small portion—say 10%—for fun. Then use the rest to get…
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GRIFFIN INSTITUTIONAL ACCESS CREDIT FUND ANNOUNCES FIRST QUARTER DISTRIBUTION
El Segundo, Calif. (April 4, 2019) – Griffin Capital Company, LLC announced on behalf of Griffin Institutional Access Credit Fund (the “Fund,” NASDAQ: CRDTX, CGCCX, CRDIX, CRDLX) the payment of the Fund’s first quarter distribution, which occurred on April 1, 2019. This most recent payment represented an annualized rate of 7.42 percent for Class A, 7.42…
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ON MY MIND: TRADE WARS—THE DOG THAT DIDN’T BARK
In the Sherlock Holmes story “The Adventure of Silver Blaze,” during the night a prized race horse gets spirited away from his stable and its trainer gets murdered. In the investigation, Sherlock Holmes calls attention to what didn’t happen: The dog on the property did not bark. For over two years we have lived in…
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mARKet update’ | What We Discovered This Month
We invite you to join our 30-minute monthly webinar series presented by ARK’s Chief Investment Officer, Catherine D. Wood, and her teams of thematic analysts. The webinar offers a Q&A-based discussion on recent market developments, macro economics, and thematic investing in disruptive innovation.
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Monthly Economic Update
THE MONTH IN BRIEF The Federal Reserve altered its outlook on interest rates in March, and the stock and bond markets certainly took notice. Both the Fed and the European Central Bank communicated that they saw economic growth moderating. Even so, the S&P 500 managed to advance 1.79% for the month. Trade talks continued between…
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Mortgage rates drop, new retirement bills, Brexit (again)
In this week’s Steady Investor, we look at Saudi Armaco’s eye-popping profit, declining mortgage rates and the latest updates on Brexit. Read on to get the details: Attention Future Homebuyers! Mortgage Rates on the Decline – Lower long-term interest rates have been setting off alarms for many market watchers and analysts, in that it signals…
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Stock Commentary
We share regular “stock commentaries” with investors and innovation enthusiasts on stocks that have experienced significant up or downturns in the market over the course of one week (up or down more than 15% in one day). We hope you enjoy today’s commentary. Grayscale Bitcoin Investment Trust (GBTC) Grayscale Bitcoin Investment Trust (GBTC), a trust tracking…
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Post-Tax Day “Get a Grip” Golf Tournament 2019
Axxcess Wealth Management is once again one of the sponsors of this year’s Post-Tax Day Golf Tournament. This tournament is an organized, casual, entertaining afternoon of golf with fellow professionals, including CPAs, EAs, attorneys, financial advisors, bankers, and risk professionals. Please join us and use this opportunity to network and mingle with fellow industry professionals.…