The FAANGs Will Crash

by Bill Bonner YOUGHAL, IRELAND – Poor Mark Zuckerberg. Rumor has it that he is some sort of advanced robot, “reptilian,” or alien. “Lord Zuck,” the kids call him. Lord Zuck Yesterday, his company lost $151 billion in stock market value. …

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Pension Promises From Wal St Managers

https://www.youtube.com/watch?v=RbtTqdVwjVc In this episode of the Keiser Report, Max and Stacy discuss how deindustrialization and financialization have destroyed the economic viability of communities across America. The latest study from YahooFinance finds that state pension fund managers have blown over $600 …

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Passive investors! 142 different #ETFs have #Facebook $FB within their top 15 holdings…. FANG stocks are becoming increasing risky to own for the long-term

#Facebook just lost the equivalent of: The entire #Bitcoin market cap 🥇 Almost the entire NYS 2018 budget (168B) 🗽 More than the entire market cap of #Nike (126B)👟 More than the entire #GDP of Puerto Rico 🇵🇷 (129B) h/t @OccupyWisdom …

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Citi: The Case For $45 Oil

Authored by Irina Slav via Oilprice.com, Oil could be back to US$45 a barrel within 12 months, Citigroup’s commodities chief Ed Morse said in an interview with the Financial Post, noting that the bullish case for crude is based on a faulty …

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