Spreading the truth. Empowering the people.
via fair.org: You may not know it, but bloated Pentagon budgets are actually “progressive.” Or so says a recent opinion piece in Bloomberg News (3/17/19), “Progressives Should Learn to Love the Pentagon Budget,” by … Read more
Guggenheim’s Minerd Says the Fed Has ‘Returned the Punch Bowl’ Scott Minerd, Guggenheim Partners co-founder, reacts to the decision by the Federal Reserve’s policy-setting Federal Open Market Committee to … Read more
In one sense, Lyft and Uber are like eBay, Priceline, GrubHub, Craigslist and other “marketplace” businesses that match willing buyers with willing sellers. A marketplace is one of the established business … Read more
via Bloomberg: The renewed rally in U.S. equities has left volatility markets showing little concern that the good times will end any time soon. Recession models beg to differ. Wells … Read more
www.bloomberg.com/news/articles/2019-02-16/u-s-student-debt-in-serious-delinquency-tops-166-billion?srnd=premium Student-loan delinquencies surged last year, hitting consecutive records of $166.3 billion in the third quarter and $166.4 billion in the fourth. The total in arrears is about twice the … Read more
Terresa Monroe-Hamilton for RWN official reports, Former New York City Mayor Michael Bloomberg ripped Democratic Socialist Rep. Alexandria Ocasio-Cortez (D-NY), Sen. Elizabeth Warren (D-MA), and those embracing socialism instead of … Read more
by Altruistic_Camel Today Bloomberg has a news story about Equinox opening a new gym in New York City. (non-paywall) On the terminal this was under “Featured Stories” in TOP. It is under … Read more
via Bloomberg: If you’re looking for one of the worst ideas in contemporary banking, look no further than Germany. The mooted merger between Deutsche Bank AG and Commerzbank AG would make a mockery … Read more
Bloomberg article tl;dr – Compared with hard economic data, [market-based models that predict recessions are] more forward-looking. But not only can markets get it wrong, they’re also prone to rapid … Read more
via Bloomberg: It may be tiresome to read day in and day out, but everything seemed to stall the second the S&P 500 came within a couple of points from … Read more
by WhenLuggageAttacks Bloomberg article tl;dr – The December retail-sales report won’t be released as scheduled Wednesday while the Commerce Department remains closed. Failure to reopen soon also would delay last … Read more
via Bloomberg: The 14 percent drop in the S&P 500 Index last quarter has big implications for state and local pension funds, which probably saw the value of their assets … Read more
via Lu Wang Everyone knows profit growth is poised to cool this year. But by how much? Analysts who try to answer that question by looking at signals embedded in the … Read more
by markyu007 Largest positive changes to net worth Jeff Bezos (Amazon): +$24 billion Lei Jun (Xiaomi): +$8.6 billion Colin Huang (Pinduoduo): +$6.9 billion Largest negative changes to net worth … Read more
www.bloomberg.com/graphics/2018-corporate-debt/?srnd=premium Masayoshi Son and Elon Musk leveraged their dreams to the hilt. Patrick Drahi stockpiled debt to build a global cable empire. Michael Dell loaded his computer company with risky … Read more
Bloomberg: Grim Stock Signals Piling Up as Wall Street Mulls Recession Odds Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the … Read more