A post by the Pew Research Center based on the Federal Reserve’s Survey of Consumer Finances stated that minorities were falling further behind whites in net worth: “the median net worth of white households in 2013 was $141,900, about 13 times that of black households at $11,000“; “the median net worth of white households [in 2007] was $192,500, or 10 times…
Scarce freshwater is a growing problem. The source of life may cover 70% of our planet, but freshwater only accounts for 3% – and two-thirds of that is locked up in glaciers. Severe water stress affects approximately three billion people worldwide, two-thirds of whom happen to reside in Brazil, Russia, India, and China (BRIC) –…
Running length 00:07:45
The social media fund, symbol SOCL, has an interesting relationship with its Fibonacci retracement levels. Its current position suggests weakness ahead next week for this sector.
Creator of Stammered Works Becomes EU’s Red Tape Whacker The European Commission seems to be serious about wanting to cut some of the mountain of red tape it has imposed over the years. Only a truly giant weed-whacker can be expected to do the job. In our paperless age, it would probably be best if…
“[Shale Oil] Producers are inherently bullish,” warns one energy-hedging firm, and that truth belies the weakness in the apparent hedging programs many over-optimistic energy firms are facing now. We hear day after day that, in the short-term, low prices can be handled “because they’re hedged,” but producers were so exuberant about the direction of oil…
Running length 00:20:58
Monday, Dec. 15: Taxi app pricing: Charge extra in a crisis Really price gouging. Related link: What Uber’s Sydney Surge Pricing Debacle Says About Its Public Image Tuesday, Dec. 16: Ruble trading halt Await capital controls; Bearish on Moscow. (Proxies for potentially affected investments discussed by Reuters include RSX, NORW) Wednesday, Dec. 17: Trading floor…
Subscribers to Dish’s (DISH) satellite TV service can now access Netflix (NFLX) right from their set-top box. From GigaOM: Subscribers to Dish’s satellite TV service can now access Netflix right from their set-top box, the companies announced on Wednesday. The partnership is a major strategic coup for the online video service, and reflects a new…
Let’s put those Christmas bonuses to work! The Santa Claus rally is coming, but he won’t be stopping by to give every sector gifts this year. So, we’ve detailed where the best investments will be made going into 2015. These are the sectors that are firing on all cylinders right now even though some sectors…
