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05.08.2015
It is the big question, the one that will dominate politics and economics for the remainder of the year. It is key at this stage to differentiate between Brexit’s actual long-run impact, and the short and possibly medium-term consequences of the vote itself and then the fallout from the negotiations, when they actually begin.
We all have our views on whether Brexit will hit or help the economy over the next 10 or 20 years. DaBoyz have goosed GOOG and AMZN sharply higher in after-hours trading after the companies’ earnings easily beat the Street’s most optimistic estimates. The rallies have generated higher targets for both stocks, but the pitch of their respective thrusts is so steep that we should expect them to settle back overnight and into week’s end, much as Facebook has done following similarly impressive earnings announced after Wednesday’s close.
Slate writer Franklin Foer says “Vladimir Putin has a plan for destroying the West—and that plan looks a lot like Donald Trump. We are headed for disaster, and the only question is how long the economy can dodge a bullet. The illusory bubble on Wall Street claims to be at record highs, but the reality, the underbelly, is dark indeed. Economic expert Peter Schiff speaks on not only the safe haven of gold, and what is at stake in the election, but just how dire the financial consequences will be when the great storm hits and batters everyone. In his recent article “Feed Me, Pharma,” ProPublica’s Charles Ornstein has been calling attention to studies showing that the prescribing decisions of doctors are linked to the amount of money that drug companies can bestow on them, usually in the form of meals, travel expenses, tuition support to attend courses, and so on.


I find nothing surprising about that, and Ornstein need not be so scrupulous when he clarifies that “the researchers did not determine if there was a cause-and-effect relationship between payments and prescribing.” To deny that perks have a causal effect on physician behavior invites improbable considerations.
Barrick Gold has put its half of Kalgoorlie’s iconic Super Pit gold mine on the market, finally confirming it intends to complete its exit from Australia.
The sale of its half of Kalgoorlie Consolidated Gold Mines has been mooted since Barrick began selling its Australian gold mines two years ago, and the global gold major handed over operational control of the Super Pit to partner Newmont Mining just over a year ago.
Indianapolis -- There isn't going to be much change on the Packers' roster this off-season, especially on offense.
Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music. Our roundtable guests talk about their roles as agents and being acknowledged by their clients. The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll.
Many are hoping the package exceeds expectation JPY 28tln ($266bn) whilst others, anxious the BOJ may shoot too soon, possibly more easing at a time when they feel it will not work; so Asia could be interesting tomorrow. Day after day, not only are spot prices down but the entire WTI curve is now moving lower in almost perfect unison.


It further proposes what I suggested a few days ago, that the PBOC is once more interfering (“selling UST’s” or “selling dollars”) in the exchange rate and very likely because global funding is once more a serious concern. But , there is a reasonable chance Green Bay loses its all-time receiving leader, Donald Driver. Prices have dropped six days in a row, more than $4, and at just above $41 seems a much different world than $51 on June 8. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES. Shanghai and Hang Seng were little changed today but the rumours continue that China Banking Regulatory Commission is considering restrictions on “risky” wealth management products – details a little sketchy so far! ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY. The cycle of virtually uniform lying thus persists, despite the growing danger it produces.



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