The world’s top hedge funds have experienced unprecedented success in recent years, with 2023 marking a significant milestone. According to new analysis from LCH Investments, these leading funds generated a staggering $67 billion in investor profits, surpassing the previous record of $65 billion achieved during the pandemic-era rally in 2021. This upsurge in profits is
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Procter & Gamble (P&G) recently released its financial results for the fiscal second quarter of 2024, revealing mixed earnings and revenue. While price hikes contributed to a 3% increase in revenue, the company faced challenges in various business segments. P&G also revised its outlook for full-year adjusted earnings per share, citing plans to write down
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As the possibility of Donald Trump securing the Republican nomination for the 2024 race looms, markets are forced to confront the potential repercussions of his proposed 10% tariff increase. This plan, designed to incentivize American domestic production, has been widely criticized by experts across the political spectrum. The structural impact of such a tariff would
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Former President Donald Trump’s victory in the Iowa caucus was attributed, in part, to the strong turnout of older voters. Traditionally, the turnout at Iowa caucuses has been skewed towards older demographics, but the 2020 caucus saw an unprecedented turnout of caucusgoers over the age of 50. This surprising outcome has raised questions about the
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