Investment Watch Blog

by COMPUTER1313 https://www.wsj.com/articles/sears-hires-advisers-to-prepare-bankruptcy-filing-1539136189 https://www.cnbc.com/2018/10/10/sears-reportedly-preparing-for-bankruptcy-filing-as-soon-as-this-week.html Sears, which has been losing money for years, has $134 million in debt due on Monday. Edward Lampert, the hedge-fund manager who is Sears’s chairman, chief executive, largest shareholder and biggest creditor, could rescue the company, as he has done in the past by making the payment. But Mr. Lampert is … Read more

The ECB and BOJ bond bubble:At the peak of QE the #Fed was NEVER 100% of net bond issuances.#ECB is 7x net issuances, BOJ 3x. Careful. Central banks are disguising risk and there is no evidence of any real demand for #Eurozone sovereign bonds at these yields pic.twitter.com/Ft545Suvc7 — Daniel Lacalle (@dlacalle_IA) October 9, 2018

via marketwatch: You know the old adage that “a rising tide lifts all boats?” What if you don’t own a boat in the first place? That rising tide won’t do much for you, will it? And so it is with this historic bull market, which, if it continues, will enter its 11th year—11 years!—come March. Vast … Read more

Portsmouth’s Institute of Marine Biology is calling for a range of new measures  This includes upgrading waste water treatment plants to filter out the chemicals They also suggest educating patients on the safe disposal of medications Drug firms are being asked to design drugs that break down safely in water   Rising use of antidepressants … Read more

A former Erie County, New York Democratic party chair pleaded guilty today to conspiring to illegally cause a $25,000 campaign donation from a foreign source to a New York state official running for reelection. Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division and U.S. Attorney James P. Kennedy Jr. for the … Read more

by sozzZ The US government is moving to the cloud and is signing a 10 billion plus contract with one cloud provider to start. They are considering Microsoft, Oracle, and AWS. Google dropped out recently. AWS is the best service and already works with the CIA, but is expensive. Oracle is trying to make up … Read more

by HereAboutAThing In the book Millionaire Next Door a number of facts are stated including the average prices of the cars, suits, and watches. 30k, $300, and $200, respectively. These values are often recited as guidelines for r/pf readers but rarely seem to be adjusted for inflation. This is bothersome because it obscures the facts and should … Read more

The average rate on the 30-year fixed sat just below 4 percent a year ago, after dropping below 3.5 percent in 2016. It just crossed the 5 percent mark, according to Mortgage News Daily. While more people think now is a good time to buy a home, according to a monthly sentiment survey from Fannie … Read more

by TopAnalyst For those too lazy to read, here’s a quick summary: – Nvidia makes most of its money from high-performance graphic processing units (GPUs) – Their GPUs are ideal for training artificial intelligence – In fact, Amazon, Google, Facebook, and other tech giants use Nvidia’s GPUs to train their AI – Not only that, most self-driving … Read more

Neuroscientists behind the project called it “BrainNet”, a “multi-person non-invasive direct brain-to-brain interface for collaborative problem solving”. In layman’s terms, researchers from the University of Washington and Carnegie Mellon University figured out a way to connect three brains (still attached to their human hosts!) and have the owners of said brains make collective choices together … Read more

LEAKED TRANSCRIPT OF PRIVATE MEETING CONTRADICTS GOOGLE’S OFFICIAL STORY ON CHINA “WE HAVE TO be focused on what we want to enable,” said Ben Gomes, Google’s search engine chief. “And then when the opening happens, we are ready for it.” It was Wednesday, July 18, and Gomes was addressing a team of Google employees who were … Read more