Until recently, ad blocking - the biggest threat to every Silicon Valley ad-driven business model - was largely a peripheral concern stemming from such companies as AdBlock, which was recently snapped up by a "mystery buyer" while ad-driven quasi-monopolies such as Google pay comparable adblockers to allow their ads through.
According to legal experts, the controversial transatlantic trade deal between the US and Europe could make it impossible for future governments to reverse the privatisation of parts of Britain’s National Health Service (NHS) New Legal advice prepared by one of the UK’s leading QCs on European law for the Unite trade union, will reveal on Monday that it has been holding talks with the government about the Transatlantic Trade and Investment Partnership (TTIP) deal between Europe and the US.
One can devise all sorts of complex explanations why global stocks and US futures are on fire this morning, or one can just assume that alos are doing what they do best: fading Dennis Gartman.
From his latest note:
IF VOLUME IS SUPPOSED TO FOLLOW THE TREND…: If volume us supposed to follow the trend then the stock market is in very, very bad trouble indeed, for the volume is strong as the market weakens and its weak as the market weakens and its strong as the market rises.
Last month, we noted that according to JP Morgan, persistently low oil prices are set to create a $75 billion headwind for global equities in 2016.
At issue are sovereign wealth funds, many of which are funded with proceeds from oil sales. For years, producers were next exporters of capital. That is, they funneled their crude revenue into a variety of assets including USTs and other core paper as well as equities and real estate.