Presenting The $77 Billion P2P Bubble
P2P lending is hot. Just ask Shanghai Duolun Industry, a Chinese real estate company that decided late last month it wanted to become a P2P lender instead. Last Monday, Shanghai Duolun officially became P2P Financial Information Service Co., and just like that, without ever having facilitated a single micro loan (or doing anything at all […]
The Debt To GDP Ratio For The Entire World: 286 Percent
Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet? And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that. If we took everything […]
3 Stocks You’ll Hear About On CNBC In 6 Months
Just having received great news about their products, these three companies are gearing up and in six months’ time, everyone is going to be talking about them. Luckily, you have the chance to invest in these companies before everyone else starts rushing in. It is good to be back in Miami after spending a week […]
S&P Breakout Holds
Friday’s action was good for what didn’t happen. Trading was muted, with action trading inside very narrow ranges, different to what had happened the day before. The S&P probably came out the best of it as Friday’s action held Thursday’s break of 2115. Watch Monday’s premarket action closely. Assuming no damage in the Europe or […]
Thoughts On The Verizon/AOL Deal
So what just happened? Verizon’s (VZ) acquisition of AOL puts an end to a long-speculated rumors of a potential merger with Yahoo or a Verizon exit. This is a $4.4B cash deal of what used to be the leading portal back in the dot-com era, when it had a $190B market cap (!). The deal leaves […]
Incredibly Shallow VC Scene For Pharma R&D In India
India pharma is touted as a big success, but what it does is not much better than Indian IT – low cost work with negligible innovation. There is no simply appetite for pharma R&D in India – not amongst companies, and perhaps as a corollary, not amongst VCs either. At Wisdomsmith we took on fund […]
King Digital Entertainment Drops 10% On Mediocre Q2 Outlook
By Carly Forster Candy Crush maker King Digital Entertainment (NYSE: KING) announced its first quarter 2015 earnings report late Thursday, May 14, sending shares down 10%. Although the game maker’s first quarter results beat expectations, a mediocre second quarter outlook sent shares down. Highlights from King Digital’s first quarter report include earnings of $0.51 per share […]
E Adieu To Don And Mad Men And Women We Love
“Mad Men” ends tonight and so will the closest I will ever experience a fetish in my lifetime. I’m willing to succumb to the most self-indulgent continuing confection ever captured on film. I ask for no mercy relieving me from “Mad Mens” creator, master storyteller, satirist, and magician. How did the world of “Mad […]
This Is What Keynesian “Success” Looks Like: Soaring Part-Time Jobs, Record Low Real Wages
Though we noted the plight of the Japanese worker in a previous post, a plight which arrived in the US some five years ago yet which the mainstream still refuses to acknowledge, the punchline may have been somewhat diluted. So here it is again, without much additional commentary. When it comes to the consequences of Japan’s QE, now […]
Overview Of Fidelity Mid-Cap Stock Fund (FMCSX)
Fidelity Mid-Cap Stock (FMCSX – MF report) a Zacks Ranked #1 (Strong Buy) was incepted in March 29, 1994 and FMCSX seeks long-term growth of capital. FMCSX invests a lion’s share of assets in common stocks of companies with medium market capitalization (those with market capitalization similar to companies in the Russell Midcap Index or the S&P MidCap […]
