Harvard Scientists Say That There May Be An Ancient Earth Inside Earth A team of Harvard scientists may have found an indication that a portion of an ancient Earth exists inside our planet’s mantle. A study presented at the Goldschmidt conference in Sacramento, California, claims that the previously inexplicable isotope ratio from the depths of the Earth may be an “echo” of the ancient Earth that existed before the collision ...
Summary The fundamental basis for a strong dollar is being questioned.A modest extension of the euro's gains may be expected ahead of the ECB and US jobs data.The dollar closed below the 200-day moving average against the yen on a weekly basis for the first time since before Abe was elected.The dollar appears to have formed a head and shoulders top against the peso. The constructive outlook for the US dollar was predicated on two beliefs. First that growth and interest ...
China Removes Cap on Forex Deposit Rates in Shanghai PBOC Governor Zhou Xiaochuan China expanded banks’ freedom to set foreign-currency deposit rates in Shanghai, a step toward easing interest-rate controls across the nation. The People’s Bank of China said today it will remove the ceiling on foreign-currency deposit rates across the city effective tomorrow for what it described as small accounts. The trial will start ...
Why Amazon Won’t Repeat The Facebook Phone Debacle The smartphone industry is one of the most ruthless battlegrounds in tech, governed overwhelmingly by Apple and Android’s operating systems. Just ask Facebook. Mark Zuckerberg’s company was the last major tech firm to attempt to compete with its own mobile ecosystem, and it found its Home product nearly dead on arrival. On Wednesday, Amazon is expected to roll out its first smartphone at an exclusive ...
Talking Points: Must You Know What Will Happen Next?Is There a Better Way?Strategies When You Know That You Don’t Know “Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.” -Michael Steinhardt "95% of the trading errors you are likely to make will stem from your attitudes about being wrong, losing money, missing out, and leaving money on the table ...
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