What good will your 2019 resolutions be if you don’t know what’s coming at you next year no matter what? People in my line of work are fascinated by predictions...but as Yogi Berra once said: “Prediction is very hard, particularly when it’s about the future.” more...
The biggest problem for the global economy in 2019 will be massive business failures. Perhaps bank failures, too. On the demand side, the end of free money will make it difficult for consumers to take on more debt. On the supply side, it could push low-profit business off the cliff. Simply put, the end of free money is setting the global economy into a vicious cycle of slower growth. ...
US Stocks Make A New High, Euro Defies Reality And The Aussie Rejects The Top Of The Box It's tough to be a bear in US stocks at the moment and equally almost boring to be announcing marginal new highs almost every other day. Such was the case as the Dow and S&P 500 set new all-time closing highs again on Friday. However marginal this new highs might be the reality is that Janet Yellen by saying this week that she didn't believe the data has made a remarkable departure ...
Alibaba IPO: Things You Should Know Alibaba Group Holding Ltd. is a Chinese holding company that recently announced its plans to offer an IPO. This could be the world's largest initial public offering, as analysts estimate that Alibaba could be valued at $150 billion to $250 billion. The lower end of the range would show that the company is as valuable as Facebook while the higher end of the range has a valuation close to that of Walmart. The company is currently the ...
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