Chart Of The Day: Airlines Continue To Lead Transports Down… What Does This Say About The Economy?
Charts courtesy of StockCharts.com
Another potentially telling late stage occurence!
Want to thank my buddy Charles for this chart. Another one of the things that happens in late stages of bull markets has now showed up. One of the hallmarks of the overheated Tech bubble of the late 1990’s was the large % of IPOs that were offered to the public by firms that had…
Startups that serve other startups are raising venture capital
The startup economy expands http://fortune.com/2015/06/08/taskus/
China’s Exports Decline for a Third Month in Drag on Growth
China’s Premier Li Keqiang. Photographer: Tomohiro Ohsumi/Bloomberg Source: http://www.bloomberg.com/news/articles/2015-06-08/china-s-exports-decline-for-a-third-month-in-drag-on-growth
Larry Ellison Is Spending a Fortune to Save American Tennis
Source; http://www.bloomberg.com/news/features/2015-06-04/oracle-s-larry-ellison-plans-u-s-tennis-revival-indian-wells-growth
Bond-Market Game of Chicken With Fed Is Riskier Than Ever
Source: http://www.bloomberg.com/news/articles/2015-06-07/bond-market-game-of-chicken-with-fed-is-more-dangerous-than-ever
Netflix Continues European Expansion Into Less-Connected Markets
http://www.wsj.com/articles/netflix-continues-european-expansion-into-less-connected-markets-1433687654
Xiaomi Set to Challenge Apple, Samsung Globally
Source: http://www.wsj.com/articles/xiaomi-chinas-new-phone-giant-takes-aim-at-world-1433731461
And why are so many athletes broke?
They buy $400,000 cars! SOURCE: http://www.dailymail.co.uk/news/article-3114796/Patriots-star-Brandon-Spikes-s-400-000-Mercedes-Maybach-battered-abandoned-freeway-amid-hit-run-claims.html
Required Reading Of The Day
Bond-Market Game of Chicken With Fed Is More Dangerous Than Ever Bloomberg Deutsche Bank Roiled by Departure of Co-CEOs – WSJ Dow Theory Has Investors Skittish – WSJ Cybersecurity Stocks are in Vogue Amid Attacks -Fox Business OPEC: Goodbye to $100 Oil – Fox Business Behind the Rise of the New Housing Headwind – WSJ…