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Wednesday, April 24, 2024

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  1. phil

    AMZN + 12% in pre-market!  

    Amazon(AMZN) plans to 'significantly' increase investment in video as it goes to war with Netflix

    Here's who CLF traders can thank but, will it last? 

    LOL – here's a reason to buy the AAPL watch – 5 min FX binary trades!  

    Wow, there has to be a fortune to be made there – selling those trades to others – look at the spread! 

    And let's not forget that watches are how we communicate with our self-driving, talking cars:

    I can't wait for this conversation:

    • Driver:  "Take me to Oak Ridge."
    • Car:  "OK, I will drive you off the next Bridge."

    This chart makes me doubly sad because I have a wife and two teenage daughters doing the spending!  angry

    GDP – Yuch

    At least I can have hope for the future:

    Junk Economics: Michael Hudson Rages "Wall Street Has Taken Over The Economy.. & Is Draining It"

    Why Is JPM's "Quant Guru" Suddenly Worried About The "Endgame"

    Why The US Output Gap Means The 10 Year Is Going Below 1%

    Automating Ourselves To Unemployment

    Earnings "Beats" & The Warning In Today's GDP Data

    SEC Begins Crack Down On Non-GAAP Accounting Gimmicks

    Valeant(VRX) might throw the entire pharmaceutical industry under the bus

    China and Russia are boosting their military cooperation to try to contain the US

     

    Macau March Tour Group Visitors Fall 36.2% y/y. March tour group traveler arrivals fall to 564,000, lowest since March 2011, citing govt data.

    This is a great study showing the cost of NOT investing in infrastructure projects (not to mention public transit).  Like most Conservative policies – the wealthy get huge tax cuts by not investing in the public projects while the poor get a stealth tax (congestion costs) that transfers their wealth to the Top 1% – again.  

    Brexit is still very close – closer than people think.  Note that the scare tactics didn't really sway the Leave voters, it scared undecided into the Remain camp but, by their nature, those people can be swayed back between now and June.

    6 leading business figures just took part in Bloomberg's debate. Here's a recap

    Good chart to keep in mind when Trump is telling your terrorism is the greatest threat our country faces:

    It's not new, it's been going on since we screwed up Iran in the 70s.

    ICICI Bank Q4 profits hit by rising bad loans

    Silver in perspective:

    Former Sanders Staffers start Super-Pac to Unseat GOP Congress

    This is what the revolution looks like: Former Sanders staffers are launching a new PAC aimed at midterm Congressional elections

     



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