"Millennials Don't Care About Logos": How Collapsing Brand Loyalty Will Allow Amazon To Dominate Apparel

December 12, 2017 - 2:35pm
"Millennials Don't Care About Logos": How Collapsing Brand Loyalty Will Allow Amazon To Dominate Apparel

Despite daily affirmations from the White House that "everything is awesome" with the economy, 2017 has been a miserable year for retailers.  As Reorg First Day points out, over 30 retailers, with debt aggregating into the billions of dollars, have filed for bankruptcy so far this year...

The Fed's "Magic Trick" Exposed

December 12, 2017 - 2:15pm
The Fed's "Magic Trick" Exposed

Authored by Jeff Thomas via InternationalMan.com,
In 1791, the first Secretary of the Treasury of the US, Alexander Hamilton, convinced then-new president George Washington to create a central bank for the country.
Secretary of State Thomas Jefferson opposed the idea, as he felt that it would lead to speculation, financial manipulation, and corruption. He was correct, and in 1811, its charter was not renewed by Congress.

Measuring the Mania of Crypto

December 12, 2017 - 1:55pm
Measuring the Mania of Crypto

From the Slope of Hope: It seems everyone is talking about Bitcoin these days. On ZeroHedge, I'd say easily half the articles are crypto-related. And why not? The equity market has become a bore. How much can you say about a market which basically goes up about half a percent day after day until the end of time? I've anchored my life to discussing equity markets, God help me, so having something that actually moves up AND down is exciting and novel after the past eight years.

HSBC Shares Surge As US DoJ Removes "Sword Of Damocles" On Money Laundering

December 12, 2017 - 1:55pm
HSBC Shares Surge As US DoJ Removes "Sword Of Damocles" On Money Laundering

On Monday, HSBC announced its deferred prosecution agreement with the US Department of Justice (DoJ) had expired, removing the threat of criminal prosecution for money laundering which had been hanging over the company for five years. From the Financial Times.

Is Bitcoin, Millennial's "Fake Gold"?

December 12, 2017 - 1:35pm
Is Bitcoin, Millennial's "Fake Gold"?

Authored by Vitality Katsenelson via RealInvestmentAdvice.com,
I’ve been asked about Bitcoin a lot lately. I haven’t written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It’s a bubble. Bitcoin started out as what I’d call “millennial gold” – the young (digital) generation looked at it as their gold substitute.

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