Maryland Lost Big On Wall Street Pension Gamble

Maryland has joined a not-very-exclusive club: States that have moved pension funds into riskier Wall Street investments and received, in return, below-median results. That underperformance by Maryland’s $40 billion public pension fund cost state taxpayers more than $1 billion in unrealized returns in fiscal year 2014 alone, according to a new study by Jeffrey Hooke, a…

Maryland Lost Big On Wall Street Pension Gamble

This hedge fund is so optimistic about COVID-19 that they’re short Clorox [In-Depth]

coronavirusA lot has happened since the coronavirus pandemic began, but aside from the temporary selloff in March, the stock market has continued to hum along as if nothing has been happening. There's no denying that the financial markets have been changed by the pandemic, and investors should be thinking differently when it comes to investing Read More