Exchange-traded funds have been hailed for their accessibility, transparency, and, above all, low costs. But the way in which investors are actually able to buy and sell ETFs—and at what cost—runs counter to their promises. Even the word the industry …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Auto makers will face the loss of control over core technologies and the commodification of vehicles they market (11 minutes). Pent-up demand for high-priced luxury cars in the era of Carmageddon is a tricky thing, especially …
BY SRSROCCO The second largest copper mining company in the world saw its stock price plummet by nearly 15% today due to poor earnings. Freeport-McMoRan’s fourth-quarter net income fell nearly 90% compared to the same period last year. The large …
by Sabremesh All clinical trials of pharmaceutical products should be pre-registered, and the results should always be released. The prevalence of deliberate non-disclosure means that data which shows adverse side-effects is simply being swept under the carpet. The World Health Organization …
by OB1_kenobi Funny how there has to be a 50 year time period before stuff like this can be admitted. Also makes you wonder what we’ll be learning about 50 years from now. via NPR: In the 1960s, the sugar industry …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But average transaction prices rise to record highs. In terms of new-vehicle sales in the US, 2018 was the third relentless down-year in a row for three of the four biggest automakers, GM, Ford, and Toyota. …
by panchilly Smart phones are about 10 years behind desktop computers in terms of performance. Remember the first iphone in 2007? It was ~300mhz which was the speed of a pentium2 top-of-the-line desktop computer in 1997. If you …
BY SRSROCCO There is no better way to describe what is currently taking place in the U.S. Shale Oil Industry, then a bloodbath. Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today …
by RoganReview Not sure why this isn’t mentioned more here but I just wanted to see what you all think. When I was growing up there was never this kind of prescription pill abuse in music and it seems pretty …
The demand for cannabis has exploded in Canada following legalization this October—and so has the demand for real estate to grow sufficient crops. According to Bloomberg, new marijuana facilities—including greenhouses, indoor grow-ops and warehouses—are an added crunch on the country’s …
Robinhood, a digital brokerage firm, announced on Thursday it would offer no-fee checking and savings accounts alongside its brokerage accounts, with an enticing 3 percent annual interest rate. Brokerage firms often offer accounts for customers to hold cash until it …
by New_Life Tom Lee (who had originally predicted $25k by EOY) is tired of making BTC forecasts.. Funny that… https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html Even as recently as Oct he was saying $25k by EOY was on the table, sobering lesson that a so called …
BY ROBERT ROSS Last month was a bloodbath for stocks. The S&P 500 sat on a 9.4% gain for the year on October 1. By October 29, the index was down 1.1%—its worst month in seven years. But I found one group of stocks …
by Thinker Now that Sessions is out, maybe there is hope for the cannabis industry to make it a United States and not a divided one when it comes to laws, use, and cures of cannabis. Jeff Sessions…was he paid …
via visualcapitalist: A glance the leading industries in the U.S. reveals a few surprises – and less diversity than you might think. Today’s graphic from HowMuch.net uses data from GO Banking Rates and the U.S. Census Bureau to map out the most profitable industry in …
BY SRSROCCO While the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt. Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry …
Corporate financing is always an important subject. One badly managed corporation can bring down entire industries, and in some cases an economy. Fortress Biotech is a biopharmaceuticals company that has developed a new approach to corporate finance. Let’s take a …
via visualcapitalist: The record industry has seen a lot of change over the years. Vinyl gave way to 8-tracks, and cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue …
From Kitco: A rising U.S. deficit, coupled with increased printing of money, should be tailwinds for gold, said Ken Hoffman, senior expert at McKinsey Basic Materials Practice… Continue reading at Kitco…
by zenmasterzen3 Now suddenly the magazines are putting fat people on the cover and running stories on how “people have given up losing weight”. Coincidence? The MSM are bullsh*t us with whatever crap the Government or those with money want …
Whatever the reason for it, it’s impact on Australia has been far-reaching. The industry — already on its knees — is struggling under the weight of trailer after trailer of wasted produce. And now copycats are making recovery efforts almost …
If you’re an investor in the cannabis market or are affiliated with them in anyway…. or you smoke pot, or admit to having ever tried it once in the past, you could now be facing a lifetime ban to the …
BY ROBERT ROSS Recreational cannabis will be legal in Canada by mid-October. Nine states and Washington DC have legalized cannabis for recreational use. This means you can buy cannabis like a case of beer if you are 21 or over. And …
by DCG Truth is like kryptonite to proggies. Ideology is their one and only faith.
by howmuch Diversification is a broadly accepted investment strategy designed to hedge against risk. If you invest all your money in one company or one industry, you flirt with disaster during an economic downturn. Does the US have a diverse …
by jetty42 FINRA is a non-government organization that has been authorized by the US Securities and Exchange Commission (SEC) to regulate Firms and individuals in the US Financial Services Industry. In FINRAs own words “FINRA is dedicated to investor protection and market integrity …
#China's peer-to-peer lending industry, the world’s largest, is shrinking, BBG reports. Savers have been rushing to pull money amid a govt crackdown that's seen some platforms halted & put under police investigation. Outstanding loans dropped 26% in July to 956bn …
by howmuch Diversification is a broadly accepted investment strategy designed to hedge against risk. If you invest all your money in one company or one industry, you flirt with disaster during an economic downturn. Does the US have a diverse economy? …
Josh Sigurdson talks with Malay Panchal of Pure Global Cannabis Inc. regarding the century of attacks on the cannabis industry and how it is currently rising up as one of the greatest ground floor industries to be involved in. Following …
*CHINA JULY MOBILE PHONE SHIPMENTS FALL 14% Y/Y:INDUSTRY ACADEMY Apple is toast — Sunchartist (@sunchartist) August 13, 2018 Foxconn reports surprise profit decline BEIJING — Foxconn Technology Group posted a surprise 2.2% decline in second-quarter profit, even after its biggest …