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Palestine · PalestineWe must be getting close to the end of one thing…and the beginning of something else. The thing whose end is nigh is the bubble on Wall Street. As a bubble inflates, the lightest, lowest quality stocks float to the top. That is what happened in the bubble of ’99.. The serious companies in the Dow rose 25% that year. But the flakier firms in the Nasdaq went up 85%. The emptier…and goofier…they are, the pricier they become. There is probably a ‘re…Read Article
The Generals and a $30 trillion Retreat - Fat Tail Daily
Sydney, Australia · SydneyPlease discover the most awkward bit of financial jargon I’ve ever come across. It’s “kangaroo-nicorns”. If that sounds incomprehensible and ridiculous to you, I agree. It’s sort of a crappy pun. In the venture capital world, a “unicorn” is a start up that reaches a $1 billion valuation. From memory, someone originally tagged them a unicorn because they were so rare. These days they seem to be more like household cats – they’re everywhere! A kan…Read Article
The great divergence coming to the ASX and Australia - Fat Tail Daily
Australia · Australia‘It’s not who you know. It’s what you know. Until the Big Man takes over.’ –Bill Bonner The latest news, from Associated Press, tells us more about how America’s ‘Caesarist’ government functions.
Goods that comply with the 2020 United States-Mexico-Canada Agreement that Trump negotiated during his first term are excluded from the tariffs. Canada’s central bank says 100% of energy exports and 95% of other exports are compliant with the trade pa…Read Article
