Amazon Prime sale was a flop

by amgin3 The sale didn’t come close to their expectations. Every warehouse I’ve heard from was overstaffed over the sale period, shipping volume not much more than usual. I work at one of their warehouses and every department had overtime …

READ MORE

All you need to know about the current stock market, right here. Robinhood is begging you to take their money. You have my permission. It’s Darwinian and healthy.

All you need to know about the current stock market, right here. Robinhood is begging you to take their money. You have my permission. It's Darwinian and healthy. https://t.co/g9Csv9R7fE — Peter DeCaprio (@cppinvest) October 16, 2020 https://twitter.com/Hipster_Trader/status/1317089443732508673 For VIX, put/call …

READ MORE

A reckoning is coming in credit that has not been fully tamed by an excess supply of liquidity… Financial crisis could emerge from pandemic

https://twitter.com/vol_christopher/status/1317082916648869888 Borrowing Costs Contract as Lending Standards & Bankruptcies Climb to GFC Heights – ⁦@SoberLook⁩ ⁦@Quillintel⁩ pic.twitter.com/FOEPPiIuOz — Rob Hager (@Rob_Hager) October 16, 2020 Global Money Supply and Bank Loans (source:Yardeni) pic.twitter.com/UwJTTJ0MUy — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 16, …

READ MORE

“I don’t think it’s healthy for the markets to be addicted, or too reliant, on Fed presence … it engenders fragilities.” – – @RobSKaplan

  🤔“I don’t think it’s healthy for the markets to be addicted, or too reliant, on Fed presence … it engenders fragilities.” – – @RobSKaplan @ericrosengren @neelkashkari @RaphaelBostic @marydalyecon @AWLehnert @steveliesman @NickTimiraos pic.twitter.com/5TydqhaVmc — M/1_LP (@MI_Investments) October 11, 2020 "We …

READ MORE

GLOBAL DEFAULT OUTLOOK

GLOBAL DEFAULT OUTLOOK pic.twitter.com/cbguW41dip — Win Smart, CFA (@WinfieldSmart) October 15, 2020 "About half of all outstanding US investment-grade corporate bonds are now rated BBB, up from 32% in early 2009" https://t.co/O1ApGtkEns pic.twitter.com/WrZkdF4y0u — Trevor Noren (@trevornoren) October 14, 2020 …

READ MORE

BUST: Australian rents just fell for the first time in history. Three buildings on NYC’s main Madison Avenue retail corridor have sold for about 80% below peak sales prices in 2014. Percentage of economies in recession this year has been unprecedented in modern history

Not good. Australian rents just fell for the first time in history. Not even in its 90s recession did prices contract. A real concern for such a leveraged housing market that still is highly dependent on rental income. pic.twitter.com/qAxmHoWn1n — …

READ MORE

Chart of iPhones

by paustovsky Sources: apple.com for prices; inflationdata.com for inflation; Wikipedia for release dates. Tools: Tableau Public.