“The spirit, excitement, and vigor of Wall Street is gone,” Mike Steinhardt tells Bloomberg TV, adding he has little reason to be wildly bullish. “We don’t hear (the Fed) talking about widows and orphans. Who has benefited from low rates? It’s been the banks.” In an era of perpetual ZIRP, he’s a fan of high dividend stocks.
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Category : World News
Category : World News
When the March 11 quake and tsunami orphaned thousands of children in Iwate, Miyagi and Fukushima prefectures, in the majority of cases relatives stepped forward to start raising them.
This has led to some unlikely matchups, such as a 90-year-old man who took in a grandchild and a 19-year-old woman who started looking after a younger sibling, according to the Ashinaga group that supports orphans.
View post: Divorcee raising orphaned nephew
