New Housing Headwind Looms as Fewer Renters Can Afford to Own
Source: http://www.wsj.com/articles/new-housing-crisis-looms-as-fewer-renters-can-afford-to-own-1433698639?mod=trending_now_1
America’s Shale Oil Boom Grinding to Halt as OPEC Stands Pat
Source: http://www.bloomberg.com/news/articles/2015-06-08/america-s-shale-oil-boom-grinding-to-halt-as-u-s-forecasts-drop
Ice…see thinner!
We are getting to that point in time again where the major indices are now in the midst of joining all the areas that are already bearish…but first, disclaimer time. EVERY TIME THE MARKET HAS BEEN IN TROUBLE, THE PIXIE DUST FROM CENTRAL BANKS HAS SAVED THE DAY. WE CANNOT COUNT THAT OUT. In fact,…
If You Think Greece’s Crisis Will End Soon, Think Again
Source: http://www.bloomberg.com/news/articles/2015-06-07/if-you-think-greece-s-crisis-will-end-any-time-soon-think-again
Home-Equity Lines of Credit See Jump in Delinquencies
Source: http://www.wsj.com/articles/home-equity-lines-of-credit-see-jump-in-delinquencies-1433777432
Netflix Produces Brad Pitt War Movie With Eye on Oscar, Emmy
Source: http://www.bloomberg.com/news/articles/2015-06-08/netflix-to-produce-brad-pitt-war-movie-extending-push-in-films
Required Reading Of The Day
Apple Unveils Apple Music, New Operating Software – Fox Business Samsung invests in Vinli to connect old cars to the Internet – Fortune G7 Pledges to Work on Transatlantic Trade Pact – Fox Business Greece, Creditors Consider Extending Eurozone Bailout – WSJ Donald Trump: I Would Be the Jobs President – Fox Business Prison Break…
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/