/r/worldnews
https://www.bloomberg.com/news/articles/2021-10-28/facebook-s-stance-on-myanmar-genocide-records-assailed-by-gambia
https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html
The wealthiest 10% of Americans now own 89% of all U.S. stocks, a record high that highlights the stock market’s role in increasing wealth inequality. The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the Covid-19 pandemic, while the bottom 90% added $1.2 trillion, according to the latest data from the Federal Reserve. The share of corporate equities and mutual funds owned by the top 10% reached the record high in the second quarter, while the bottom 90% of Americans held about 11% of stocks, down from 12% before the pandemic. The stock market, which has nearly doubled since the March 2020 drop and is up nearly 40% since January 2020, was the main source of wealth creation in America during the pandemic — as well as the main driver of inequality. The total wealth of the top 1% now tops 32%, a record, according to the Fed data. Nearly 70% of their wealth gains over the past year and a half — one of the fastest wealth booms in recent history — came from stocks.
“The top 1% own a lot of stock, the rest of us own a little,” said Steven Rosenthal, senior fellow, Urban-Brookings Tax Policy Center. The growing concentration of wealth comes despite millions of new investors coming into the stock market for the first time during the pandemic, leading to what many have labeled “the democratization” of stocks. Robinhood added more than 10 million new accounts over the past two years and now has more than 22 million — many of them held by younger, first-time investors. Yet while the market may be owned more broadly, the gains and wealth it creates are not being more widely distributed. Rosenthal said that while the army of new investors may be numerous, they are also still small, with the average account size at Robinhood at about $4,500. When markets rise, they will have far smaller dollar gains than wealthier investors with hundreds of thousands or even millions in stock holdings.
“Many of the younger investors also bought in at higher prices, compared to bigger investors who have been in the market for years and see larger gains,” Rosenthal said. What’s more, many of the new investors have more of a trading mentality — buying and selling stocks rapidly, with leverage, in hopes of quick gains. While the strategy can create big winners, others may see lower returns than those of investors who simply buy and hol
... keep reading on reddit ➡https://www.bloombergquint.com/business/buffett-s-cash-pile-tops-record-with-149-2-billion-on-hand
Who is positioned well ?
"Berkshire’s cash pile hit new heights at $149.2 billion of funds in the third quarter, surpassing a record set in early 2020, the company said in its earnings report Saturday. The fresh high came even as Buffett poured more money into buying back its own stock with $7.6 billion of repurchases in the period -- the third-highest tally since the board changed its policy on buybacks in 2018."
Via Instagram. It has long been rumored she was going back to a more pop punk sound and was working with Barker and MGK on her new album.
https://www.instagram.com/p/CV0cxSTP2h0/?utm_medium=copy_link
Sure we might quibble about “pointy nipples” and “veiny necks” but if we’re being honest both of them are well WELL above average in the looks department. They are nice-looking people.
On the outside.
The problem with them isn’t their looks.
Its their toxic self-help message, grifter personalities, insipid plagiarism, and constant hucksterism.
What’s on the inside.
Just thought that was interesting.
I just saw Shesty’s debut at the Garden which puts their record at 4-0 when I’m there. How about you guys?
Sorry if this not the appropriate place to ask, but wanted to try here first.
My landlord is requesting proof of a cashier’s check from August 2019; we provided it to them for our deposit on our apartment. Apparently, an employee did not deposit this correctly and they never received the funds. I have called Bank of America to ask if they can pull up proof but their records only go to July 2021. Additionally, I reviewed my statements from back then and they only show “Cash withdrawals” for the amounts listed but nothing more specific.
Honestly, I don’t think this is my responsibility that they didn’t clear the check, but at the same time, the landlord sounds like he’s gonna withhold my deposit if I don’t give him proof. He apparently has the last four digits of the checks.
Any advice and thank you for the help!
EDIT: Thank you so much for the help! I honestly thought I was not going to get a solution to this issue. I’ll try to reach out to a manager to get an answer
Video: https://www.youtube.com/watch?v=L_E3w_gHBOY
Blog: https://eng.uber.com/go-explore/
Paper and source code are promised soon but not released yet.
