Angry Birds

By Chris at www.CapitalistExploits.at

Do you remember when you were growing up and all your friends were allowed Atari game consoles but you weren't?

Well, I do and the things seemed as foreign to me as Venus. Mostly because the little time I managed to spend on the gaming consoles when my friends weren't hogging them I found it all a bit silly. I never "got" computer games, and to this day still have poor comprehension of things like Angry Birds.

• European Stocks Fall as Chinese Economic Data Disappoint (WSJ)
• Oil Climbs to Highest Since November as European Shares Retreat (BBG)
• Yen weakens on Japan intervention talk before G7 meets (Reuters)
• Wall Street’s Bond Forecasters Splinter as Fed Credibility Wanes (BBG)
• Amazon to Expand Private-Label Offerings—From Food to Diapers (WSJ)
• Oil prices rise on Nigerian outages, Goldman forecast (Reuters)
• 'Avengers' threaten new insurgency in Nigeria's oil-producing Delta (Reuters)

There has been some confusion in recent months about the unprecedented M&A buying spree unleashed by Chinese investors on international, but mostly U.S. targets, a spree which has already resulted in a record amount of Chinese outbound M&A capital, manifesting in $41 billion in US deals in just the first quarter, already double the full amount for 2015...

... funded by just as ridiculous amounts of debt: