Uber Loses at Least $1.2 Billion in First Half of 2016
http://www.bloomberg.com/news/articles/2016-08-25/uber-loses-at-least-1-2-billion-in-first-half-of-2016
Hedge Funds Are Suddenly Winning on China’s Most Dangerous Short
http://www.bloomberg.com/news/articles/2016-08-25/hedge-funds-are-suddenly-winning-on-china-s-most-dangerous-short
As central bankers gather, some at Fed make rate-hike case
http://www.reuters.com/article/us-usa-fed-fiscal-idUSKCN1100BJ
Lower precious-metal costs add sparkle to Tiffany’s profit
http://www.reuters.com/article/us-tiffany-results-idUSKCN11014M?il=0
Didn’t the President who never lies tells us premiums were coming down?
Source: http://www.wsj.com/articles/obama-administration-seeks-to-ease-concerns-over-health-insurance-spikes-1472061666
Crappy capitalism-Mylan!
Yesterday on Fox Business, we noted that Mylan kept raising prices on the Epipen because they could get away with it. There was no one else in the market and anyone who tried to compete, was slowed down by an ineffecient and ineffective approval system as well as politics. They have now been found out…
Listen to Wednesday’s Investor’s Edge Radio Show: 8.24.2016
Listen to Wednesday’s Investor’s Edge Radio Show: 8.24.2016 Click Here To Listen: https://archives.warpradio.com/btr/investorsedge/082418.mp3
The Closing Look
Stocks slid on Wednesday, dragged lower by a steep decline in Gold and Silver. Gold and Silver stocks have been one of the strongest areas in the market all year but are now in pullback mode as they recently placed a near term top and broke below their respective 50 DMA lines on Wednesday. Economic…
The Morning Look
Market Update: Stock futures are lower ahead of Thursday’s open as the market pulls back ahead of GDP and Yellen’s speech on Friday. Gary’s Thoughts: A little more downside off of yesterday. Tomorrow, Yellen speaks. Hope she gets laryngitis. Economic Data: Durable Goods Orders 8:30 AM ET Jobless Claims 8:30 AM ET Bloomberg Consumer Comfort Index 9:45 AM ET EIA…