Key Challenges & Priorities - The process is not finished, with territorial issues being the most complex [1] - Financial recovery requires European partners' acceptance, which is proving difficult [1] - Security guarantees from the United States and Europe are crucial [1] Strategic Considerations - Caution is advised [2] - The plan appears to be improving [2]

Behold the big law associate. You may recognize them by the jumbosized cup of coffee in hand, bloodshot eyes from working 60-hour weeks, and most of all, by the bank account filling with money. >> Associates at big firms are usually hired from the top law schools every year.>> Of course, it's not just the highest ranked schools. Firms do recruit top students further down the rankings list. First year associates do all kinds of work, court papers, transactions, documents, preparing first drafts of briefs or ...

Friday was another record-breaking Black Friday weekend. We saw about $6.2% billion in sales for Black Friday. That's up about 25% from last year.We saw peak sales of 5.1% million per minute on Friday. That happened around noon on Friday. That's up from 4.6% million last year as well.And uh if you pull up, actually, anyone can see this bfcm. shop, you can actually see global commerce happening right now in real time. We are currently seeing about $2.5% million per sales in sales per minutes.Uh about 25,000 ...

Some key takeaways from the FOMC minutes from the October 28th 29th meeting. Real GDP growth moderated in early 2025 admit data limitations from the government shutdown with forecast predicting modestly stronger expansion through 2028. Labor market risk appeared skewed to the downside while inflation risk are tilted to the upside.PCE and core PCE inflation both stood at 2.8% 8% in September with PCE data up year-over-year due to tariffs but core unchanged. Inflation is expected to ease towards 2% after 2026 ...

ETF Flows and Market Sentiment - ETF investors remain bullish despite market concerns, with VOO reaching $125 billion year-to-date [2] - Outflows are seen in momentum, triple leveraged semi, financials, and cash, but overall sentiment is bullish [3] Mutual Funds vs ETFs - Mutual funds are experiencing significant outflows, potentially reaching $1 trillion this year [4] - Bond mutual funds are vulnerable to rising rates, as seen in 2022 [4] - The introduction of multi-share classes could supercharge the ETF market by allowing managers to launch ETF classes of existing mutual funds [6] - Not every mutual fund should be converted into an ETF; success depends on competitiveness and investor appeal [11] Goldman Sachs Acquisition of Innovator Capital Management - Goldman Sachs is acquiring Innovator Capital Management for $2 billion, a leader in defined outcome ETFs [1][20] - The acquisition is valued at approximately 7% of Innovator's AUM, considered pricey but potentially justified by specialized products and higher expense ratios [24] - Innovator's defined outcome ETFs limit downside risk while capping upside potential, appealing to older investors seeking protection [21][22] Municipal Bond ETFs - Active municipal bond ETFs, like the Intermediate ETF, aim to outperform benchmarks through bond selection [29] - A California-focused muni ETF caters to investors in high-tax states, offering tax-free yield [32][33] - Active muni managers have a high success rate (70%-80%) in beating benchmarks due to the vast number of issuers [36] - State-focused funds are primarily attractive in high-tax states like California and New York [37]

Project Overview - Steve Cohen is building a large gambling complex in Queens, including a soccer stadium [1][2] - The project is slated to open in 2030 [2] Economic Impact - The project is expected to create 17,000 construction jobs and 6,000 permanent jobs [2] - It is projected to generate $3.9 billion in tax revenue, with $850 million in annual taxes [2] Community and Political Aspects - The project initially faced opposition from a local councilmember [4] - Community support and the borough president ultimately favored the casino [4] - Steve Cohen is credited with cleaning up the area around Citi Field [4] - A ferry service to Citi Field is under consideration to improve accessibility [5] Regulatory Approval - The project needs a gaming commission license approved by December 31 [6] - The board recommends the project as one of three sites [6] - Limited public protest suggests less pushback than anticipated [7]

Robert Konigsberg, our founder of Gramercy Funds Management, a global leader in emerging markets, writing. It is so hard to imagine that the art of the deal leads to something short of Maduro seizing power. The path to de-escalation has become quite narrow.Robert joins us now. Robert, thank you so much for being with us. How are you understanding this from an investment standpoint about what U.S. involvement with Venezuela looks like now and what it will look like, say, six months from now.Sure. Good mornin ...

It's the tool by which a chip is designed but also validated. So before you send a chip through the Fab Four to be manufactured, you test that actually the design is going to work. And it's really interesting because synopsis is a supplier to India.They use that software platform and the stock was up 5%. Nvidia bought these shares at $414.79%. It's now up near $440.The sense taking between two and 3%. The company replicating a playbook that you and I have discussed within video a couple of times this year. ...

Economic Trends & Consumer Behavior - Black Friday spending reached billions, potentially breaking Cyber Monday records, indicating strong consumer activity despite cost of living concerns [1] - The economy is K-shaped, with some segments of society doing well while others are struggling with rising costs of insurance and groceries [2] - There's an expectation for the Federal Reserve to cut rates in response to the economic disparities [2] Government Fiscal Policy & Job Creation - The government attempted to support the lower tier of consumers through measures like no tax on overtime and new tax on tips [3] - Pro-business efforts aim to encourage businesses to restore and build out their manufacturing, with infrastructure projects creating jobs [4] - AI is not replacing all jobs, particularly in infrastructure where physical labor is required [4][15] Healthcare & Affordable Care Act - Congress is considering changes to the Affordable Care Act, specifically the enhanced premiums [5] - A proposed plan involves giving 100% of the enhanced premium tax credit to patients in the form of a deposit with a health savings account, instead of insurance companies taking 20% [5][9] - This approach aims to lower healthcare costs by allowing patients to choose cheaper plans and providing first-dollar coverage [6][9] Reshoring & Manufacturing - Tax policies and tariffs incentivize companies to reshore or nearshore, which will create jobs [12] - The reshoring of manufacturing activity is expected to cause a general economic boom [13] Productivity & Investment - Increasing the productivity of the nation will increase tax revenue by increasing the growth of the economy [15] - Shifting investment to more productive areas of the economy is viewed as a positive step [16]

Eli Lilly announcing it will cut the prices for introductory doses of Zep found if you pay cash. This is just the latest move in the price war with Novo Nordisk that's getting more and more confusing in terms of pricing for these weight loss drugs. Joining us now to talk about it is someone who understands everything, at least in regards to this industry health.Bloomberg health reporter Madison Miller. So what do we know about Zep. LB Now it's what the five mg doses, the starter doses are going to be even c ...