Emerging Markets Suffer Largest Outflow Since 2008
Source: http://www.wsj.com/articles/emerging-markets-face-largest-outflow-in-seven-years-1434096125
Fortune 500’s 10 most profitable companies
Which companies in the Fortune 500 earned the most last year? Here are the top 10 with the highest profits. Source: http://fortune.com/2015/06/11/fortune-500-most-profitable-companies/
The Worst Quarter For Government Bonds Since 1987
Source: http://www.bloomberg.com/news/articles/2015-06-12/bonds-head-for-worst-quarter-on-record-as-deflation-fears-ease
Guess the gap!
Another gap day this morning. This time to the downside. We have taken pains to not get too excited when markets are up and not too depressed when markets are down. One just has to recognize markets remain range-bound with half the market in crappy shape and half the market doing just fine. Both halves…
How Companies Justify Big Pay Raises for CEOs
Source: http://www.bloomberg.com/graphics/2015-executive-pay-peer-groups/
El-Erian sounds alarm over crisis in Greece
http://www.marketwatch.com/story/el-erian-sounds-alarm-over-crisis-in-greece-2015-06-11?dist=countdown
Facebook’s Big Bet on Virtual Reality
http://www.bloomberg.com/news/videos/2015-06-11/facebook-s-big-bet-on-virtual-reality
Why Millennials Don’t Live Where You’d Expect Them To
Source: http://www.bloomberg.com/news/articles/2015-06-11/why-millennials-don-t-live-where-you-d-expect-them-to
U.S. household net worth increases to $84.9 trillion
Source: http://www.reuters.com/article/2015/06/11/us-usa-economy-wealth-idUSKBN0OR27120150611
Required Reading of The Day
Household Worth in U.S. Rose by $1.63 Trillion in First Quarter -Bloomberg EU Tells Greece It’s Time to Decide, IMF Team Leaves Brussels – Bloomberg How Do Companies Quietly Raise Prices? They Do This – WSJ Japan Battles Deflation, and a Bitter Legacy – WSJ Google’s Sidewalk Labs could ease cities’ growing pains – Fortune…