Investment Watch Blog

Space lasers are all the rage in the tech industry over the last couple of years. China wants to use orbital lasers to destroy space junk, and Facebook wants to use lasers to boost satellite communications. All of those use cases are fairly benign, but France wants to use space lasers for slightly more militaristic … Read more

Watch the latest video at foxnews.com Acting Customs and Border Protection Commissioner Mark Morgan touted Tuesday the progress of the “new border wall system” being built in Arizona. “What was there was old, dilapidated, ineffective and it didn’t work,” Morgan told “Fox & Friends.” “Every mile that’s being built is absolutely a new wall and it’s not just a wall,” he said. Host … Read more

by friendly-cephalopod I understand that in a bull market, especially given the current popularity of passive investment, stocks will continue to grow and time spent in the market will outweigh any short term losses But this market has gotten absolutely ludicrous and with today’s rally on “Trade War optimism” I am switching to Bear Gang … Read more

by rao-blackwell-ized First, let’s define what we’re referring to here. There’s a strategy in which dividend growth – a company increasing their dividend payment over time – is used as an indicator to identify strong, stable, successful companies to invest in. There is nothing inherently wrong with this, and could even potentially allow you to beat the market (though historically dividend … Read more

Interestingly this is the longest decline from the cycle peak in the aggregate profit margin. 4 and a half years of almost linear drop but been falling for 7 years! (chart courtesy of my colleague Lydia Boussour). pic.twitter.com/TKbeJcyqqg — Gaurav Saroliya (@GauravSaroliya) September 5, 2019 For investors, profits after tax is what matters. And the … Read more

According to Sleepy Joe, the $93 TRILLION Green New Deal doesn’t go too far at all. It would cost $600,000 per household, but that’s OK by Joe! pic.twitter.com/ftpG8OtgGv — Kayleigh McEnany (@kayleighmcenany) September 5, 2019

via Gregory Daco: While #markets are getting drunk on the news of a potential China/US summit in next few weeks, we take the sober view that the Sep 1 #tariffs (15% on $112bn) & Oct 1 increase from 25% to 30% on existing $250bn will remain in effect through year end via @OxfordEconomics     … Read more

The Justice Department has opened an antitrust inquiry into the four major automakers that struck a deal with California this year to reduce automobile emissions, according to people familiar with the matter, escalating a standoff over one of the president’s most significant rollbacks of climate regulations. In July, four automakers — Ford Motor Company, Volkswagen of America, … Read more

by gmishuris The most certain way to be wrong in investing is to be 100% convinced that you are right. Early in my investing career, I was a junior analyst at one of the largest investing firms in the world. A senior analyst had a recommendation that he felt certain about. He couldn’t see how … Read more

by Death-Wing The credit card comes with an Auto Rental Collision Damage Waiver benefit, but not all services are covered. Turo, for example, is not covered as it’s technically not a rental service (more like a P2P service). Same with Getaround. A few days ago, I got an email from Lyft and their new rental service (not the same … Read more

WASHINGTON — The Trump administration has taken a long-awaited stance on how it envisions a future housing finance system, and it resembles legislative proposals enabling Ginnie Mae to back multiple private-sector guarantors. The Treasury Department made clear in a much-anticipated report that its ultimate preference is for Congress to take up reform of the government-sponsored enterprises. That … Read more

by foiltape I created this chart using Excel. Source: Wikipedia – Blood type distribution by country

by mercalli WSJ – WeWork Weighs Slashing Valuation by More Than Half Amid IPO Skepticism [Non-paywall] http://archive.is/cA7wu Adds some doubt to buying puts outright, maybe time to buy calls with SoftBank’s deep pockets trying to prevent a bloodbath.  

via freightwaves: Barring an eleventh-hour agreement, the U.S. Postal Service (USPS) will leave the Universal Postal Union (UPU) on October 17, ending 144 years of U.S. involvement in the international body that governs the exchange of mail and postal parcels between countries, and perhaps fundamentally changing the landscape of global air shipping. Members of the 192-member … Read more

By Selco People want definitive solutions, manuals that gonna help them step by step, lead them from point A to point B. It works in any field of life, so it works too in the field of survival. It is one of the reasons why we as humans become more and more dependent on the … Read more

Interesting story up at the New York Post about Mueller’s obstruction of FBI agents investigating Saudi involvement in 9/11. After a lengthy investigation, special counsel Robert Mueller charged Russia made “multiple, systematic efforts to interfere in our election” and said the incursion “deserves the attention of every American.” But former FBI investigators say their old … Read more