Thursday, October 8, 2020

Lloyd Blankfein sees `bubble elements’ in markets thanks to 'free' money

Former Goldman Sachs CEO Lloyd Blankfein sees speculative elements across markets for stocks and bonds.

"Money is close to a free commodity," Blankfein said. "And when something is free, you tend not to husband it, you tend to overuse it like it's a free good."

Blankfein was responding to a question from CNBC's Joe Kernen, who asked if he saw "red flags" in markets. Despite a pandemic that has slammed the brakes on global economic growth and forced more than 30 million Americans to seek unemployment benefits, U.S. equity indexes are still near all-time highs. The market rebounded strongly after central banks and lawmakers unleashed a torrent of support for markets, households and businesses.

Publisher: CNBC
Date: 2020-10-08T14:09:06 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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This may worth something:

Save Money This Winter with Edison Heating and Cooling | TAPinto

Looking for a great deal as the weather turns cold? Edison Heating & Cooling is providing their customers with a limited offer that you can own a new HVAC system for as low as $89 dollars a month! This is a special offer that will not last long. Call them today and set up a free estimate.

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MORRISTOWN, NJ - There are 609 cases in town as of Thursday, October 8. There were no new cases overnight in Morristown, announced officials

Publisher: TAPinto
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Attorney: 'There won't be much' money left for Dulos children - StamfordAdvocate

Fotis Dulos, left, is questioned by attorney Richard Weinstein, representing the estate of Hilliard Farber, during testimony in a civil case in Hartford Superior Court during his testimony in a civil case Wednesday, Dec. 4, 2019, in Hartford, Conn.

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FARMINGTON — Attorneys for Jennifer Dulos’ mother are asking the court to turn over any personal property owned by Fotis Dulos’ high-end real estate development company to pay off a $1.9 million lawsuit judgment.

Publisher: StamfordAdvocate
Date: 2020-10-08T12:00:00Z
Author: By Lisa Backus
Twitter: @StamAdvocate
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Tips to save money while shopping online this holiday season | AZ Big Media

Holiday shopping is expected to look much different this year due to the pandemic , with record numbers of consumers heading to online stores for gifts.

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• Use Discounted Gift Cards: Sites like Card Cash and Raise feature discounted gift cards from many retailers, including Target and Amazon. If you can find a high-value card with even a small discount, you can save some cash on your holiday purchases.

• Look for Coupon Codes: The internet is full of promo codes offering everything from discounts to free shipping or free samples. Search sites like Groupon, RetailMeNot and Honey to uncover savings.

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Publisher: AZ Big Media
Date: 2020-10-09T01:00:36 00:00
Author: Blufish
Twitter: @AZBigMedia
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Other things to check out:

Money Week goes online to offer financial advice - GCU Today

Like most meetings these days, Money Week will be entirely online. But the financial literacy shared at the annual Grand Canyon University event figures to be every bit as personal as before.

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5 p.m. – Keynote speaker (40 minutes): "The Three Essential Money Moves for College Students" ( Robert Vera , GCU)

5 p.m. – Panel (40 minutes): "Spotlight on Financial Services" ( Leslie Y. Tabor , Charles Schwab; Wayne Burnett , Merrill Lynch; Mark Gonzalez , Vanguard)

Publisher: GCU Today
Date: 2020-10-08T11:02:33-07:00
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8 Ways You'll Save Money at Costco | ChambanaMoms.com

As we near the opening of the Costco in Champaign — expected later this month — a question we’re hearing often is, “But is it cheaper?” If you’re new to buying in bulk, you may be hesitant to get a membership to somewhere new to do your shopping.

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All About Costco: Read how Costco is different than Sam’s Club and the different membership options at Costco.

We saw everything from hats and gloves to the famous Costco slippers and winter coats on a recent trip to Costco in Peoria. With the Champaign Costco opening in October, we’re expecting a great selection of winter wear at its opening.

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Publisher: ChambanaMoms.com
Date: 2020-10-08T04:33:18 00:00
Twitter: @chambanamoms
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State stops taking money from inmates who owe restitution | Las Vegas Review-Journal

“Marsy’s Law doesn’t actually require what they’re doing,” Shepack said.

Before September, the department took a small percentage from family deposits for court fees or extenuating medical costs, or to pay for property if the prisoner damaged it while incarcerated, he said.

But after Sept. 1, up to 80 percent of funds sent to prisoners were being seized by the state for restitution, Shepack said. So if families wanted to pay for basic hygiene products or supplemental food, they needed to send significantly more money to account for the funds that were taken.

Publisher: Las Vegas Review-Journal
Date: 2020-10-08T18:31:33 00:00
Twitter: @reviewjournal
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Nevada suspends policy raiding inmates accounts, taking 80 percent of money | Nevada Current

The action comes after the Nevada Current spoke with multiple families and inmates in September about the toll the exorbitant deduction has taken.

Inmates rely on the money sent from their families — many who often don't have much to spare as it is — to buy food from the commissary, pay for medical needs or obtain hygiene items.

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"It returns back to the status quo," Welborn said. "We need to have these conversations with our leadership — the Nevada Department of Corrections, the Governor's office, the ACLU and the defense bar. We all have expertise and knowledge on how Marsy's Law should be implemented and this is not it. This is not what was anticipated by the proponents of Marsy's Law.

Publisher: Nevada Current
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