Hello and welcome to my Nuzzel newsletter!
Presented by Stefan Cheplick
Social media for @StockTwits. Following the stock market, pursuing a CFA, and writing about sports.
The stock market has been on a tear, yet the economy is in the dumps. So why do so many people believe -- undoubtedly incorrectly -- that the stock market has decoupled from reality? The economy many people experience, while bleak, is local…
The New York Times
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David Enrich
– Aug 5, 2020, 3:22 PM
The New York prosecutors who are seeking President Trump's tax records have also subpoenaed his longtime lender, a sign that their criminal investigation into Mr. Trump's business practices is more wide-ranging than previously known. The Manhattan…
The Financial Times
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Stefania Palma in Singapore, Olaf Storbeck in Frankfurt and Dan McCrum in London
– Aug 5, 2020, 10:55 AM
A German businessman responsible for one of Wirecard's biggest sources of stated profits has been reported dead a month after Philippine authorities announced he was under investigation over the payments company's collapse. The death of Christopher…
Investors should be “open-minded” about a possible shift in leadership across global markets in the months ahead, which could favor a cyclical rotation in stocks and a steeper yield curve, according to Goldman Sachs Group Inc. The…
Published Wed, Aug 5 2020 6:03 PM EDT Amazon CEO Jeff Bezos this week sold more than $3.1 billion worth of shares in his company, according to filings with the Securities and Exchange Commission. The sales this week bring his total cash out in 2020…
