Truthstream Media: The Real Wealth Gap

Elite billionaires referring to themselves as using tech to join a ‘class of immortal overlords’ that live twice as long as everyone else? Gee, sounds super fun, can’t wait. Crazy what they’re blatantly admitting to people these days…

Where are Nike Shoes Made?

via dataandmedia: Source for data is Nike Created using Tableau There is an interactive version of this data viz that also includes a bit of insight too!  

Fidelity’s New Zero Fee Funds Experience $1 Billion In Inflows Within First Month

News article: https://www.cnbc.com/2018/09/04/fidelity-offers-first-ever-free-index-funds-and-1-billion-follows.html Link to the funds: Fidelity ZERO Total Market Index Fund (FZROX) Fidelity ZERO International Index Fund (FZILX) Technically they only had $753.5M+$234.18M=$987.68M on August 31 but according to CNBC that’s good enough to round up to a billion.   …

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Norway’s $1 trillion sovereign wealth fund is getting stricter on the companies it invests in. It said that it expects businesses to “manage the challenges and opportunities related to sustainable uses of the ocean.”

via cnbc: Businesses should integrate ocean sustainability into strategy, according to Norges Bank Investment Management. Firms should also disclose how ocean sustainability forms part of their strategies, policies and commitments. Norway’s $1 trillion sovereign wealth fund has said that it …

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Morning Note: ADP Big Miss, U.S. Weighing More Tariffs, EM Stocks Down for 7th Day, Cryptocurrency Turmoil Deepens…

ADP Big Miss pic.twitter.com/7DeJzHz5Tb — Alastair (@StockBoardAsset) September 6, 2018 https://twitter.com/FerroTV/status/1037634872632860677 The Social Media Bubble Is About To Pop $FB $TWTR $SNAP pic.twitter.com/5bw5DDySH2 — Alastair (@StockBoardAsset) September 6, 2018 Default fears mount for "BATS" as emerging-market rout deepens. #Turkey’s implied …

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Construction spending, Trade

by WARREN MOSLER Highlights A solid rise in residential spending offset a mixed showing for non-housing components and made for a 0.1 percent July rise in overall construction spending to barely come within Econoday’s consensus range. Residential spending rose 0.6 percent …

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