Business

Authored by John Mauldin via MauldinEconomics.com,

Like millions of other people, I am a fan and a user of Amazon.

They do make buying things convenient, especially little things that you might have to go to art specialty stores to find. I’m a huge user of the Kindle app, too.

I will admit that I don’t quite understand the Amazon business model of growth over profits. But I have noticed that most of the profits Amazon actually makes are coming from their non-commercial side—stuff like cloud services.

Whereas many Wall Street strategists enjoy simplifying their stream of consciousness when conveying their thoughts to their increasingly ADHD-afflicted audience, the same can not be said for Deutsche Bank's Aleksandar Kocic, who has a troubling habit of requiring a background and competency in grad level post-modernist literature as a prerequisite for his articles among the handful of readers who don't already speak exclusively in binary. Here is an example of Kocic's "unique" narrative style:

Bitcoin futures are here...

Small Caps and Trannies were today's biggest losers as Nasdaq led...

The S&P 500 has not been this overbought since 1995...

Authored by James Howard Kunstler via Kunstler.com,

And so, as they say in the horror movies, it begins…! The unwinding of the Federal Reserve’s balance sheet. Such an esoteric concept!

Is there one in ten thousand of the millions of people who sit at desks all day long from sea to shining sea who have a clue how this works? Or what its relationship is to the real world?

Authored by Jerry Brito via CoinCenter.org,

Bipartisan bill will make it much easier to use Bitcoin to pay for every day goods and services.

In April, Coin Center explained how the tax laws affecting digital currency transactions create serious friction for consumers and merchants and discourages the use of Bitcoin (or any cryptocurrency) as an everyday payment method.