Thursday, October 29, 2015

Watch Out Uber: National Labor Relations Board Interpretation Could Allow Many Taxi Drivers to Unionize

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This is negative for Uber on a few different levels, First off is the obvious connection to the charges of misclassification of employee...

Signposts: Shanghai Port, World's Busiest, Shows Quarterly Profit Decline

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From Reuters via gCaptain: Shanghai International Port Group Co Ltd, the operator of the world’s busiest container port, reported its fi...

As The UK Pivots Toward China The U.S. Threatens Sanctions If Britain Leaves The EU

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Trouble in New World Order land? At least Gordon Brown got the DVD's. And the Queen her iPod. From ValueWalk: U.S. Threatens Tra...

Questions America Wants Answered: "Did Purchasing Power Parity Hold in Medieval Europe?"

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From  Medievalists.net, August 2014: Did Purchasing Power Parity Hold in Medieval Europe?  Adrian R. Bell, Chris Brooks, and Tony K. Moore...

U.S. Farmers Running Out Of Storage Space for Giant Corn Crop

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Chicago corn 378-6 up 2-6. From Reuters, Oct. 27: Who wants my corn? US farmers grapple with another super crop U.s, grain warehouses ...

The Coming Battle Between The Boomers and the Millennials (yeah, I got your "kill the old" right here)

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FT Alphaville's David Keohane may be a gero cidal maniac. At first I thought his "Kill the old" mantra was a simple eccentr...

UBS' Global Real Estate Bubble Index

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But what about Luanda?* From FT Alphaville: This is nuts. When’s the crash? Congratulations London, your housing market is indeed the m...
Wednesday, October 28, 2015

Today's Fun Fact: The Bank of Japan Has Accumulated an ETF Stash that Accounted for 52 Percent of the Entire Japanese ETF Market

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That's from Bloomberg's " Owning Half of Japan's ETF Market Might Not Be Enough for Kuroda ". If unfamiliar with the ...

Art Defacement In France (criticism never sleeps)

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From Art History News : Fragonard vandalised in France Some  eejit  has vandalised a number of paintings by Fragonard and others at t...

China's Crude Storage Facilities Appear to Be Full, At Least For the Moment

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December WTI $46.05 up 11 cents after today's heart stopping exuberance.  From ZeroHedge: It was just two days ago  when we reporte...

Federal Appeals Court Says Laws Favoring Narrow Economic Interests Are Legal Politics

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From Reason: SCOTUS Asked to Decide Whether Special-Interest 'Economic Favoritism' Counts as Legitimate Government Interest In...

"The beginning of the end for European industry?"--Wood MacKenzie

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We're thinking bet on the Poles, Czechs and the Baltic states, for the rest of Europe, stay the hell away from Sweden, negative on most ...

Paging Mr. Hogarth: "There may be a gin shortage after a deadly disease hit Scotland's juniper population"

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You may remember us from such hits as: " drunk for a penny, dead drunk for two pence, clean straw for nothing" * From City AM : ...

"Oil rises 5% after EIA data shows gasoline stock draw"

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The earliest known usage of the "It will fluctuate" punchline is not by J.P. Morgan but by John D. Rockefeller as recounted by ...

Failed Investment Guy Lenny Dykstra Did Show Flashes Of Creativity

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To get a true picture of Mr. Dykstra you must skim Bess Levin's headlines at DealBreaker: Legendary Investor Lenny Dykstra Is Somehow ...

"U.S. wildfire insured losses could exceed $1.75bn..."

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As we mentioned in July 15's " Risk: Tornado Count Remains Below Average, Wildfire Burned Acreage Jumps " this years fires in ...
Tuesday, October 27, 2015

Pirate, Samurai & French Queen: Bulgarian Election Candidates Are......Different

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From RT: A pirate stabbing a huge octopus with a sword, a cool and confident samurai ready to face his enemies and the French queen Mar...

Kinder Morgan's New Preferred Stock Pays 9.75%, Trades Down (KMI)

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A bit above the risk-free rate, eh what? I've been at the market pretty much my entire adult life but, except for the death spiral ...