I just got back from Asia; seemed like everyone wanted to know what the presidential candidates were saying.
Here are some of the posts that caught my eye. Hope you find something interesting.
Brexit had a pretty harsh effect on the short-term health of the UK ... but it's yet to be seen how long that will last, and how they'll recover.
On the other hand, The 2008 Financial Crisis is still having an impact on the US Economy.
via New York Times
Since the 2008 financial crisis, private equity firms have gone from managing $1 trillion to managing $4.3 trillion of debt - private firms also have moved into ambulances, fire departments, urgent care, etc.
According to the New York Times, privatizing these services often makes them more accessible - but less responsive and more expensive ... Do you agree?
Saw this and laughed. The too true story of life as an entrepreneur.
via Gaping Void.
Here are some posts I saved this week.
Last week, the United Kingdom voted to leave the European Union.
Immediately, the British Pound tanked, and David Cameron resigned.
The drop was so bad that France overtook Britain as the 5th Largest economy.
Here is a chart from the morning after the vote.
via TradingEconomics.
In the aftermath, the S&P downgraded U.K. ... It will be interesting to see the long-term effects.
Will the pound bounce back? Will the British economy recover?
What are your thoughts?
I look forward to "Orange is the new Black" ... But Trump getting elected isn't what I mean.
Here are some of the posts that caught my eye. Hope you find something interesting.
While conspiracy theorists argue whether the NBA rigged the finals to get to get to game 7, I find this more disturbing ... it's a photo combining Hillary and Trump into a Clump.
Here are some of the posts that caught my eye. Hope you find something interesting.
FinTech is hot ... and FinTech startups are disrupting the value chain, and the industry itself, by grabbing market share, increasing customer churn, and putting pressure on margins.
I recently was at the Future of Finance conference, where I talked with the CEO of CB Insights about the changing landscape of trading and asset management.
via YouTube.
At the conference, one of the sessions was about how banks are "suffering death by a thousand cuts" and being relegated to utilities as they fail to adapt to new tech trends. Here is a graphic showing the competitive pressures FinTechs are putting on banks.
via CBInsights.
Likewise, according to a report by PwC released last week, 9-out-of-10 insurers fear losing meaningful business to stand-alone FinTechs.
The game is changing, and so is what you have to do in order to win.
Statistics can be misleading. For example, if markets are near the highs, they must be strong; right?
Gavekal Research recently put out a note that caught my eye.
Since 5/21/2015 (the date that the MSCI World Index made a high), 2 out of 3 mid-large cap stocks have declined.
The histogram below shows the number of companies in Gavekal's version of the MSCI All-Country World Index that have had positive performance (green) or negative performance (red) since 5/21/2015.
via Gavekal.
Overall, 66% of stocks have declined over the past year -- while just 34% have posted unchanged or positive performance.
Interesting, but does that show opportunity or hidden weakness?
Here Are Some Links for Your Weekend Reading
Someone sent me a motion-activated toilet bowl night-light for my birthday. I guess that is an early indicator that Depends won't be far behind.
Here are some of the posts that caught my eye. Hope you find something interesting.
Lighter Links:
Trading Links:
Posted at 07:03 PM in Business, Current Affairs, Gadgets, Ideas, Just for Fun, Market Commentary, Religion, Science, Television, Trading, Trading Tools | Permalink | Comments (0)
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