Investment Watch Blog

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

via wallstreetonparade: The 10-year U.S. Treasury note touched a 7-year high in yield early this morning at 3.25 percent before falling back to 3.22 percent in mid-morning trading. As rates have risen over the past year, we’ve witnessed a growing chorus of business writers repeating the following mantra, or words to this effect: bank stocks will do … Read more

The clandestine role of the Spanish government in a run on deposits that drained €29 billion from Catalan banks. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Just over a year has passed since over two million people in Catalonia voted in a banned referendum to leave Spain. On that day, the separatists were … Read more

Human resources study shows a stunning unintended backlash to the ‘Me Too’ movement. “There were men who specifically said I will not hire a woman going forward,” he explained. “Those who said they would hire a woman said they would not travel with one, and they, more importantly they would not engage in activities after … Read more

GOODNESS: Brett Kavanaugh’s confirmation isn’t democracy. It’s a judicial coup. For all the justified outrage about sexual assault, involving allegations that Kavanaugh denied, the new supreme court justice represents an even bigger lie than his mindless fabrications about “ralphing” and “boofing”. He can blame his weak stomach if he likes; the rest of us are heaving … Read more

THE JOURNOLIST IS HOPPING: ● Republicans have a new name for Democrats: ‘mob.’ —CNN, Sunday. ● ‘An angry mob’: Republicans work to recast Democratic protests as out-of-control anarchy. —The Washington Post, yesterday. ● Republicans Seize On Stoking Fears Of Left-Leaning Mob To Mobilize Voters. —Talking Points Memo, today. ● The GOP’s sneaky attempt to paint the majority as an angry left-wing mob. … Read more