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One Brilliant Thing Is Way Better Than 1000 Average Ones

One Brilliant Thing Is Way Better Than 1000 Average Ones

I’ve blogged on some of the themes I’m going to cover below, but the story gets clearer and clearer in my head the more I blog about and talk about it, so this version may be a little clearer than some that have gone before. The first is that banks’ organisational structures have to move […]
The Donald Can’t Stop It

The Donald Can’t Stop It

The Dow’s march onward and upward toward 30,000 continues without a pause. New all-time highs are notched practically every day. Despite Thursday’s 31-point pullback, the Dow is up over 15.5 percent year-to-date. What a remarkable time to be alive. The DJIA keeps surging… but it is running on fumes (US money supply growth is disappearing […]
Q3 Earnings Season Kicks Off: 4 Housing Picks

Q3 Earnings Season Kicks Off: 4 Housing Picks

The current housing scenario doesn’t seem all that rosy with housing data for the July-August period showing dismal growth. Of late, the industry has been dealing with a shortage in inventory which is raising prices in several parts of the country. Meanwhile, the devastating Harvey and Irma hurricanes created uncertainties for builders. This, along with […]
‘I Ought To Know Better’: Jim Grant Apologizes For Suggesting Bridgewater Is Fishy

‘I Ought To Know Better’: Jim Grant Apologizes For Suggesting Bridgewater Is Fishy

On Wednesday, we noted that according to his latest newsletter, Jim Grant is bearish on Ray Dalio. And Jim’s reasoning is pretty straightforward: Activities [like] tweeting, promoting his book, attacking the press have one thing in common: They are not investing. Yet here he is, laying it all out to the world again – necessarily doing less of his day […]
Concern Over Valeant’s Financial Controls ‘Likely Just Noise,’ Says Cantor

Concern Over Valeant’s Financial Controls ‘Likely Just Noise,’ Says Cantor

Cantor Fitzgerald analyst Louise Chen says she’s received calls today regarding concerns about Valeant Pharmaceuticals’ (VRX) financial controls. As reported last night by The Fly, Wells Fargo analyst David Maris expressed concern over Valeant’s controls after digging into the lawsuit from Depomed (DEPO). The shares in afternoon trading are down 4%, or 53c, to $13.32. […]
Record Confidence In U.S. Stocks Means Trouble Ahead

Record Confidence In U.S. Stocks Means Trouble Ahead

Enforcing A Global Speed Limit

Enforcing A Global Speed Limit

Chinese imports rose 18.7% in September 2017 year-over-year. That’s up from 13.5% growth in August. While near-20% expansion sounds good if not exhilarating, it isn’t materially different from 13.5% or 8% for that matter. In addition, Chinese trade statistics tend to vary month to month. What is becoming very clear is that China’s economy is […]
StartEngine Rolls Out Regulated Initial Coin Offerings

StartEngine Rolls Out Regulated Initial Coin Offerings

Over the last few months, StartEngine has become one of the highest-volume equity crowdfunding platforms in the U.S. The platform currently has an impressive 60 companies raising money via equity crowdfunding. Now that it’s got the equity crowdfunding side running smoothly, StartEngine is setting its sights on the fast-emerging world of cryptocurrency. StartEngine is using existing crowdfunding regulations to […]