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Meet Hedge Funds’ New Favorite Metal: Cobalt

Meet Hedge Funds’ New Favorite Metal: Cobalt

Cobalt has become a literal hot commodity when electric vehicles arrived on the scene, as the precious metal is found in EV batteries. And even though prices recently dropped, some investors are signaling optimism. Bloomberg reports hedge funds have been buying physical cobalt (rather than financial contracts based on the metal). Why Cobalt? So what…Read more

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Meet Hedge Funds’ New Favorite Metal: Cobalt

How Income Inequality Is Hurting Retirement Savings

How Income Inequality Is Hurting Retirement Savings

Savings Shortfall Saving enough for retirement is a big undertaking for most people. But some Americans are in a more disadvantaged situation than others as income inequality makes savings goals harder to reach for some demographics. Mind the Gap Gender and race play a key difference when it comes to Americans’ 401(k) balances, according to…Read more

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How Income Inequality Is Hurting Retirement Savings
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