The Bloomberg Billionaires Index is a daily ranking of the world's richest people.
The site is interactivie and lets you look at the imformation from different perspectives (e.g., who made or lost the most money today? ... Or, last year?). Click to launch Bloomberg Billionaires.
Each Billionaires profile contains a detailed analysis of how that person's fortune has been tallied.
Interesting.
According to IFI Claims, IBM was assigned a record 6,809 patentsin the United States last year, marking the 21st straight year that IBM has topped the unofficial U.S. patent ranking.
via Statista
Google and Apple, often considered the most innovative companies in the world, were ranked 11th and 13th, respectively, both breaking into the Top 20 for the first time.
Just read a pretty good analysis of "Global Risks" (where Global Risk is defined as an occurrence that causes significant negative impact for several countries and industries over a time frame of up to 10 years).
A key characteristic of global risks is their potential systemic nature – meaning that they have the potential to affect an entire system, as opposed to individual parts and components.
Here are the Top 5 Global Risks, based on likelihood and severity of impact.
via World Economic Forum.
So, the big issues are: Financial Crisis caused by or in conjunction with ... Social Problems (employment levels and income disparity), Environmental Issues (e.g., climate and weather), and/or Cyber Threats. Surprise, Surprise, Surprise ...
The WEF article is much more nuanced and worth reading if you are interested.
On a related note, here is a video clip where Jon Stewart discusses the World Economic Forum:
The Daily Show
Get More: Daily Show Full Episodes,The Daily Show on Facebook
It is a little funny to think about a group of the world's wealthiest people gathering in an secluded mountain enclave to discuss concerns over income inequality.
Seattle fans made the ground shake during a Seahawks football game, something they are calling the BeastQuake.
Here are some of the posts that caught my eye. Hope you find something interesting.
Everybody might be working for the weekend ... but how far does that go towards expanding our countries' economies?
In other words, each hour we work contributes to our country's gross domestic product. But by how much?
Here is a look at the GDP per capita, compared with the average numbers of hours worked in each country.
SOURCE: OECD.
While we may work hard in America, an hour of work produces double the value in Luxembourg.
If you can read this, you are spending too much time at the computer.
Here are some of the posts that caught my eye. Hope you find something interesting.
The markets continue rising despite what you hear about the economy and government gridlock.
Meanwhile, the monstrous budget deficit might actually be dropping at record rates too.
The White House released a chart showing it has cut the deficit in half.
Source: White House
Remember, the deficit refers to an annual number — how much outlays exceed revenues in a given year. The national debt refers to the total amount a nation has borrowed, over time, to finance these deficits.
What do you think it means, and how will it affect your trading plans?
Here are some of the posts that caught my eye. Hope you find something interesting.
Here Are Some Links for Your Weekend Reading
As the Olympics unfold in Sochi, countries continue to compete in the global economy. This chart, by the Economist, shows how ‘thin’ the Emerging markets really are. For example, the market cap of Google equals the market cap of all 379 Brazilian stocks.
Here are some of the posts that caught my eye. Hope you find something interesting.
Lighter Links:
Trading Links:
Posted at 05:04 PM in Business, Current Affairs, Ideas, Just for Fun, Market Commentary, Trading, Web/Tech | Permalink | Comments (0) | TrackBack (0)
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