An economic slump or recession is considered a bad thing by economists. They point to Sweden and blame Sweden for raising its interest and causing a recession. “Bad Sweden, Bad Sweden”. But those economists are being short-sighted. They do not
October 24, 2015
I grew up poor, the second of eight children. My father earned $12,000 per year as a college professor. As a teenager, I was ashamed of our small house, my hand-me-down clothes, and my peanut butter and jelly sandwiches. I
Deals and Financings Beigene, a Beijing biopharma, filed to raise $100 million in a US IPO (see story). The company develops novel, molecularly targeted and immuno-oncology drugs to treat cancer. Founded five years ago, Beigene currently has four drugs in clinical
Buy on IPO day!
Third Party Logistics: Will Amazon Disrupt UPS And Uber Or Will Uber Disrupt Amazon, FedEx, And UPS?
Last week Uber rolled out on-demand delivery in New York, Chicago, and San Francisco. Is that the wave of the future? Or Is Amazon About to Disrupt Delivery Services by Taking UPS and FedEx Head On? Colin Sebastian at RW Baird
October has about a week left in it now, and this ‘scary’ month has actually seen the market rebound, with the S&P 500 (SPX) (SPY) up 6%+ month-to-date (mtd). Looking at the exchange traded fund (ETF) landscape, there’s some interesting names on
USDCHF: The pair strengthened the past week taking back its three-week losses to close higher. This development has opened the door for more strength towards its key resistance at the 0.9843 level. This level if broken will set the stage
As TheAntiMedia’s Claire Bernish exclaims, you could ice skate in Hell sooner than see the United States follow in Iceland’s footsteps with this move: the 26th banker was just sentenced to prison for a combined 74 years between them — each of
Done Deal: We’re Making Europe Richer by Making it Poorer, Comrades! Ready, aim, fire! Draghi reminds everybody that there is no limit to how much fiat weaponry and ammunition he can deploy Photo credit: François Lenoir / Reuters We were really
In retrospect, it was a clear sign of a market top… A few years ago, I was waiting to speak as an energy specialist was wrapping up his presentation. He closed with a recommendation of Brazil’s energy giant Petrobras (PBR),
