Imperfect Ten
Video length: 00:05:28
Video length: 00:05:28
In October 2013, to be specific. That legalizing marijuana would be a total failure, to be more specific. That was 3 months BEFORE legal marijuana became law in Colorado, and 9 months before in Washington. And I based it strictly on market forces, just as Admin does for his many praiseworthy articles. As usual, I…
Geektime asked some of the world’s foremost futurists their tech predictions for 2015. You heard it here first. 1. Bitcoin was overrated, and won’t pan out in 2015 either. Photo Credit: Targaryen / Creative Commons Bitcoin slipped more than 70 percent in 2014. Sonny Singh, chief commercial officer at BitPay, has said the digitial asset…
So what’s in store for oil in 2015? With prices falling fast and hitting five-year lows in mid-December, commodities research teams at the world’s investment houses and banks are scrambling to revise their 2015 predictions for oil and the potential impact on global economies. And as wildly fluctuating as the price of oil has been,…
The investment climate is being shaped by four forces: 1. De-synchronized business cycle with the U.S. ahead of the pack 2. The prospects of sovereign bond purchases by the ECB, amid political uncertainty sparked by Geece’s snap election 3. The continued drop in energy prices is a stimuluative writ large but poses challenges…
America does not run on cash. It runs on credit. In theory, America’s line of credit is unlimited. But in practice… it can get complicated, fast. The US is the first and largest economy ever to function on credit. Americans have 3.75 credit cards per person. They do some 60 million credit card transactions every…
by Unlearning Economics This appeared originally at The Institute for Dynamic Economic Analysis Blog. Agents in neoclassical economics typically maximize some function, such as utility (‘satisfaction’) in consumption, or profits in production. Taken at face value, this is a transparently unrealistic depiction of how the world works, since it’s pretty difficult for people or firms to…
Much like two weeks ago, last week was quiet with no new funds. Assets in actively managed ETFs declined by $559 million or 3.14% to $17.217 billion. The biggest story continues to be the outflows from First Trust and the Short Term Bond category; these are both the same story. First Trust had outflows of…
We noticed a very interesting development late last week when there was a very late after-hours press release announcing what would generally be considered a normal transaction of shares in a thinly traded micro-cap mining company called Atico Mining. This tiny company is producing gold and copper from an underground mine in Colombia at a…
Wall Street has seen some key records this year. While investors cheered the surge in benchmarks with S&P 500 (SPX) hitting 53 record highs so far, 2014 also became a record year for initial public offerings (IPOs). The U.S. IPO market was the biggest in 2014 since 2000 in terms of both value and number….