It's a world truly gone mad.
Is Your Favorite Company Cooking the Books?
Not only do robots cost less than humans, they don't complain, they speak multiple languages, and most importantly, by scanning aisles they know where every item is in the store and can take you straight to it.
Households in blue markets tend to have higher incomes. But those higher incomes are not enough to offset higher home prices.
In an effort to fool the public into believing the latest round of bank stress tests were actually designed to find stress, the ECB found 25 scapegoats, with the biggest losers in Italy and Greece.
Reader Bran who lives in Spain sent some interesting charts of population, expected population growth, the world's largest cites, and what people do for a living. I don't have links for the charts, but most show the origin.
Home sales are down 11% this year, but that may not last long if September is any indication. Then again, the easing of restrictions may have suckered in the last remaining greater fools.
Japan piled on debt, built bridges to nowhere, and engaged in other wasteful spending, all of which made matters worse. Taking on debt to fight deflation is insane. Yet that is exactly what France and Italy want now!
For now, it's still a tale of two Europes. Germany (and some smaller Northern European countries) vs. everyone else. Such divergences will not last forever.
A 30% net income decline for McDonald's is quite startling to most. I wonder why such a decline took so long. In response to that pathetic performance, McDonalds Vows Fresh Thinking.
A recession in Germany is a given, but when? Its export model has held up better than I expected given a clear slowdown in the global economy.
In yet another potential market topping sign, M&A Deals Fail At Highest Rate Since 2008
I read a comment that airlines are being greedy. How so? Airlines are not in position to ban flights from specific countries for medical reasons.
The privacy pendulum has not budged an inch in the right direction. Not one new privacy law has been passed or even discussed.
In response to Obama's Lame Response to Ebola; No Protocols but Lots of Fearmongering one person responded that I was "over-cooking the Ebola crisis"...
Fewer stores means less construction and less hiring. The former is transitory, the latter more lasting. If this is the trend at Wal-Mart, can Target and other retailers be that far behind?
The Empire State Manufacturing Survey (a diffusion index) hit a multiyear high last month, then promptly crashed this month.
Support for UKIP (United Kingdom Independence Party) hit a record high 25% following recent elections that gave UKIP its first ever seat in the British parliament.
Is the end of US dollar hegemony at hand? Inquiring minds may be asking that question given Chinas Zhou Says Some Countries Using Yuan in Reserves.
A movie on how and why Snowden revealed NSA wiretaps is about to be released.