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Money & Finance

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    South Korea is considering moving some of the factories from China to India, according to a report in the Times of India. The rising trade wars between China and the USA had already led South Korea to mull its options and given the economic slump that has come in the wake of the Wuhan virus pandemic,
  1. Still trying to determine if the underlying price of Oil plummeting is in direct opposition to the money supply stimulus or US dollar printing......

    And if so, which one will have a bigger effect on the price of everyday things such as houses etc...

    Do they cancel each other out?

  2. Here is a snapshot from 2020 during the pandemic: Amazing to see it go down to 21 a couple days ago. I see the phrase above "Global economic softening"..... LOL..... can you say CLIFF?!?!
  3. U.S. stocks may frustrate investors looking to buy at lower prices this year. The S&P 500 Index’s performance on a total-return basis, including reinvested dividends, in post-World War II election years shows as much. Retreats of 10% or more, sing a commonly used threshold for corrections, occurred only half of the time during those years. They include 2008, when a financial crisis and a recession weighed on share prices, along with 2012 and 2016. The data on so-called drawdowns was cited in a report sent Thursday by Keith Lerner, SunTrust Private Wealth Management’s chief market strategis
  4. Mickey’s originally proposed name was Mortimer Mouse
  5. I read somewhere that they re-enabled them not long afterwards. Funny how our USA lost trust in the "freedom of speech" so easily.
  6. E-commerce platform Shopify recently launched an enhanced version of its messaging capabilities in the form of Shopify Chat. Live chat capabilities can be particularly useful for a business’ e-commerce, as customers who chat with a brand convert three times more often than those who don’t.12 Shopify Chat aims to be a difference-maker for the company’s core users, small and medium-sized businesses (SMBs), helping them stay personal and prompt with their customers. The announcement follows Shopify’s foray into the fulfillment business with the Shopify Fulfillment Network. The company wants to co
  7. The People’s Bank of China (PBOC) released a three-year plan to strengthen the country’s financial technology sector. The central bank dubbed fintech the “new engine” of development in the financial industry and identified six key steps for China to engage.10Included among them involves using fintech to improve the quality of the country’s financial services and to strengthen financial risk prevention and control capabilities.11 Fintech continues to disrupt traditional financial services with more accessible, efficient and affordable products. But fintech is more than a product. It’s an ecosys
  8. Will Rogers once recommended that people should buy land due to its scarcity. With this in mind, investors need to understand the practicality of owning land and of running a land-based business venture. Types of Land Investments Independently wealthy people can purchase land for personal use, recreation – and yes, investment. Unfortunately, most people do not fall into this category. This begs the question: Are land-ownership opportunities and business ventures capable of generating an acceptable return on investment for small investors, while still affording them the joys and attr
  9. What legal ground does he have to "order" any business to stop what is legal trade? Now if he outright bans trade with China for EVERYONE... then that is a different ball of wax. If I want to source my supplies from ZAMBIA it is my right to do so no matter what the President may "order"..... He is out of his mind.
  10. Brazil's Forest Fires Illuminate the Beef Industry Brazil’s space research agency, INPE, said Wednesday the number of forest fires in Brazil has leapt 84% this year. Blazes across the Amazon rainforest are putting the focus on Brazil's beef industry and its contribution to deforestation. Smoke from the fires is sweeping out of the rainforest, one of the world's most biodiverse ecosystems, and over some of Brazil's cities, blanketing the skies and blackening water. Hospitals have reported an uptick in respiratory problems. Zoom out: Cattle ranching is responsible for the majori
  11. This is surprising.... I wouldn't have guessed this outcome from The Who
  12. A magazine recently ran a "Dilbert Quotes" contest. They were looking for people to submit quotes from their real life Dilbert-type managers. Here are the finalists: 1. "As of tomorrow, employees will only be able to access the building using individual security cards. Pictures will be taken next Wednesday and employees will receive their cards in two weeks." (This was the winning quote from Fred Dales at Microsoft Corp. in Redmond, WA.) 2. "What I need is a list of specific unknown problems we will encounter." (Lykes Lines Shipping) 3. "E-mail is not to be used to pass
  13. On one of Apple’s support pages about the Apple Card, it now says, “Exporting data from Apple Card to a financial app like Mint is not currently supported.” Sad. I think I would have liked to try the new card out.
  14. Negative interest rates = The bizarro market... And it's happening right now in most of Europe. The federal government of Germany just did something nearly unheard of: It issued a 30-year bond with a negative interest rate. Here's why that's weird: How a 30-yr bond normally works: An investor gives $900 today, in return for $1,000 in 30 years. Investors make money by lending. How Germany's 30-yr bonds work right now: Investors gave Germany $1,149 today, in return for just $1,000 in 30 years. Investors pay money to lend. The asparag
  15. At least in the 1970's they moved the car seat to the back seat... 😉
  16. Activists and leaders gather for the National Cannabis Policy Summit in Washington, DC.
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