Hi, everyone. Looking at the markets this morning we see that public pension plans have fallen, to their lowest point since 2016. Barneys New York Inc. files for chapter 11 bankruptcy, bringing an end to one of the most influential department store chains. The 10-year yield drops below 1.6% in the midst of the slowing global economy. An advisory firm started by ex-twitter executives brings notable experience in investing and advising to companies looking to grow. And check out our featured blog on finding an opportunity with startups that you can grow with, and reach new heights in your career.
America’s Pension Funds Fell Short in 2019
Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the lowest since 2016
The Fall of Barneys Burns a Hedge-Fund Star
Richard Perry controlled the department store during broader retail decline.
10-year yield drops below 1.6% as August collapse in rates picks up steam
The August slide in the 10-year Treasury yield accelerated Wednesday, pushing the rate to its lowest since 2016 on concerns about the China-U.S. trade war slowing the global economy and following aggressive rate cuts by overseas central banks.
Scoop: Ex-Twitter executives launch startup advisory firm
Former Twitter CEO Dick Costolo and former Twitter COO Adam Bain have launched a San Francisco-based startup advisory and investment firm called 01 Advisors, Axios has learned from multiple sources.
How to jump on a rocket ship
The Silicon Valley job market is unlike most job markets. There is tremendous demand for great talent, and there is tremendous variation in outcomes of startups.
How do you define wealth…
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