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…
Source: http://www.bloomberg.com/graphics/2015-executive-pay-peer-groups/
http://www.marketwatch.com/story/el-erian-sounds-alarm-over-crisis-in-greece-2015-06-11?dist=countdown
http://www.bloomberg.com/news/videos/2015-06-11/facebook-s-big-bet-on-virtual-reality
Source: http://www.bloomberg.com/news/articles/2015-06-11/why-millennials-don-t-live-where-you-d-expect-them-to
Source: http://www.reuters.com/article/2015/06/11/us-usa-economy-wealth-idUSKBN0OR27120150611
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…
Chart Courtesy of StockCharts.com No Position
Low oil prices and economic growth have helped drive up consumer demand for energy across the world in 2015, the International Energy Agency said Thursday, a phenomenon seen from U.S. gasoline stations to Chinese auto dealerships. The IEA’s closely watched oil market report lent some support to an idea pushed by the Organization of the Petroleum Exporting…
Source: http://www.wsj.com/articles/how-your-rates-will-move-when-the-fed-does-1433732576
