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It's all over here folks ... nothing left to see :yep:
Everyone spend their money well :up: http://www.businessinsider.com/us-ma...11-2016-2016-8 Quote:
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The FTSE is in a similar position. Now is the time to sell perhaps.
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http://www.freep.com/story/money/bus...mber/88759112/
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Sorry you had a bad experience. |
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http://www.fool.com/investing/2016/0...u-need-to.aspx Olin and TSM also going strong. BP, so-so. Exxon was killing it at $95 before their P&L showed the worst quarter in 17 years. It will get better when Oil tightens. |
Kmart is closing 64 stores across 28 states: http://www.businessinsider.com/kmart...ll-list-2016-9
Sears Holdings, which owns Sears and Kmart, informed Kmart employees of the closures on Friday, according to local news reports and employees who spoke to Business Insider. Quote:
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Houston's boom is over Quote:
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http://cdn1.pri.org/sites/default/fi...?itok=CrVmZSoB |
^ :haha:
But.. Simrishamn! :) :up: |
Good-bye Sears ... this is probably just the first step: https://www.yahoo.com/finance/video/...142557005.html
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Not so sure Warren Buffett is doing the right thing here ... He has been investing in Walmart since 2005 and now he is selling.
I don't have $900 million dollars like he does, but something seems odd about this. Walmart just got me back with the two day shipping guarantee ... all I wanted was a couple of electrical items for under $10.00 so I paid the $5.95 shipping fee and got them in two days anyway. Cheaper than going all the way over the mountains to the store for sure. Quote:
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Let's see, market is going strong, and with the Tax Reform act, could be growing stronger.
http://bigcharts.marketwatch.com/kaa...579&mocktick=1 Apple paying $38bn in tax to US treasury ‘a big, big moment’ For years US companies have played the tax game, but the rule are now changing |
Problem there is that needed structural reforms do not get carried out, Trump is not working on profound structures, but on symptoms. The effects therefore I expect to last not for too long. Reagan did the same, and had medium range benefits. Ater them ending, the state debts went way up. Also, the dollar is too weak compared to what the stock market values claim to indicate, which means that Amerina money by Apple may return to the US, but porivate investors moneya is being exported form the Us onto other stockmarkets, currently Europe, however strange that seerms to be. This is a vicious circle,. since it will klure more and more mnoney out of the Americna market, which then will shrink demand in the US.
I predict Trumponomics will party for two years, not longer. And this, more fundamental cnsideration. Does anyone seriously belioeve that the real world material value of proucing industries and economies can rais ein in total values within one year by 20, 30, 40%...? Does anyone seriously believe a company that produces nothing, like facebook, seriously is worth dozens of billions of bucks...? Finally, the biog four, Micosoft, Google, Apple, buy off competitors, and do so just to remove them from the competition. We are talking about widenngn de facto monopolies and dependencies. Does anyone seriously believe there will be no mid- to long-term punishment from doing so? One should never assess the state of an economy by the stockmarket graoh alone. ;) Many famous and good stock traders do not look at such graphs even once, not for a single company, not for a whole economy system. Gamblers do that, hoping to get away with their bets. And some will. Myself, I place bets only with money I have in excess, I do not bet with money that I depend on. Nothing new under the sun - expect what already has been fogotten. Although it is just one and a half decade ago... |
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