Investor’s Edge: 07/08/2015
Investor’s Edge: 07/08/2015
Random thoughts by Gary on the NYSE outage!
This is nothing right now…almost a tiptoe through the tulips. Doesn’t resemble flashcrash in any way. Back then, S&P dropped 100 points and came back up. If this is a hacking, then a lot of confidence is lost…but would they tell us if it was a hacking? There was a tweeted warning last night about…
The Utter Stupidity Out Of China!
SOURCE: http://www.bloomberg.com/news/articles/2015-07-08/this-is-why-so-many-chinese-companies-are-suspended
Gary Kaltbaum says China is the classic popping of a bubble! But…
For years, you have been told that the economic numbers that were coming out of China were suspect. For years, you have been told to go to youtube to look at China’s ghost cities! https://www.youtube.com/watch?v=wm7rOKT151Y And then came the recent 100% gain in months. 1999 anyone? We don’t pretend to know exactly how this plays…
This Medical Charity Made $3.3 Billion From a Single Pill
http://www.bloomberg.com/news/features/2015-07-07/this-medical-charity-made-3-3-billion-from-a-single-pill
EU Commission Has Grexit Scenario Prepared, Juncker Says
http://www.bloomberg.com/news/articles/2015-07-07/juncker-eu-commission-has-grexit-scenario-prepared-in-detail
Gundlach Sees Greek Euro Exit Opening ‘Pandora’s Box’
http://www.bloomberg.com/news/articles/2015-07-07/gundlach-sees-greek-euro-exit-opening-pandora-s-box-
Social start-up gives a helping hand
http://features.aol.com/video/social-start-gives-helping-hand?intcmp=fbtopstories&ncid=txtlnkusaolp00000058