Record Stock Buybacks Generate Backlash
http://www.foxbusiness.com/markets/2015/07/09/record-stock-buybacks-generate-backlash/?intcmp=marketfeatures
K-Cup Economics – Comparing Coffee Costs with Keurig $GMCR
http://www.foxbusiness.com/personal-finance/2015/07/10/k-cup-economics-comparing-coffee-costs-with-keurig/?intcmp=fbtopstories
Year-End Budget Fight Is Taking Shape
Source: http://www.wsj.com/articles/year-end-budget-fight-is-taking-shape-1436741315
Required Reading Of The Day
Apple’s Share of Smartphone Industry’s Profits Soars to 92% WSJ The Unaffordable Care Act WSJ Fmr IMF Chief: Latest Greek Proposal in Line with Creditors’ Demands- Fox Business U.S. Treasury’s Lew Encouraged by Progress in Greek Talks – Fox Business Portents of World Cyberwar WSJ
Good and Bad For The Week
Good: Bulls showed up and defended longer term support (200 DMA) Crude oil plunged 13% in the past two weeks. Good because it lowers costs and bad because it signals weaker demand Bad: China has to interfere in markets to stop them from going down Greece remains in limbo. Another deadline set for Sunday….
Chart Of The Day: Free Markets Anyone?
Here is a brief sample of some of the measures the Chinese government and the PBOC have unleashed in just the past ten days to prop up the crashing market include: a ban on major shareholders, corporate executives, directors from selling stock for 6 months freezing more than half (1400 at last count per Bloomberg)…
Now this is just a comedy act!
One country has to arrest people if they sell short, stop people from selling and prop up markets with borrowed money. Another country is proposing getting a huge loan to pay off a huge loan with both lenders and borrowers admitting the bucks will never get paid back. And our country, the one with $18…
How Puerto Rico’s Debt Levels Compare With Those of U.S. States
http://www.bloomberg.com/news/articles/2015-07-09/how-puerto-rico-s-debt-levels-compare-with-those-of-u-s-states
IMF Sees 2015 Global Economic Growth at Weakest Rate Since Financial Crisis
http://www.wsj.com/articles/imf-sees-2015-global-economic-growth-at-weakest-rate-since-financial-crisis-1436446905
Why Can’t Microsoft Figure Out Smart Phones?
http://www.wsj.com/articles/microsoft-to-cut-7-800-jobs-amid-phone-woes-1436361327