Business

2 dead Saudi princes, dozens arrested, billionaires' assets frozen, and John McCain calling the tax deal "DOA" - B-T-F-Record-Highs!!

Two months after Tesla lost its head of business development who wished to "spend more time with his family", shortly after the EV company's veteran battery technology director also unexpectedly quit (full list at the bottom of this article), and just weeks after Tesla decided to even out the ranks on the bottom as well, and fired "hundreds of workers" this week, including engineers, managers and factory workers even as the company struggles to expand its manufacturing and product line, the senior management exodus at Tesla has continued with the director of battery engineering leaving the

Dear Justin Trudeau: Selfies Won't Cut It

Written by Peter Diekmeyer, Sprott Money News

When Justin Trudeau took office as Prime Minister two years ago, he also took on the Minister of Youth portfolio. It was a tough assignment, atop a government infrastructure designed from its core to disregard the interests of Canadian youth.

For some context on the unprecedented dominance of the tech sector on the overall market, here is some perspective from BofA's Savita Subramanian on October returns, when Tech continued to lead the other ten sectors, generating +7.8% on a total return basis. This translates into a whopping 75% of the S&P 500's return last month!

As European markets closed this morning, all bids disappeared from USDJPY and the pair dropped back below 114.00. In its mirror-like manner, gold reflected this tumble and surged above its 100-day moving average over $1280.

As USDJPY rolled over so Bitcoin hit an airppocket at the european close...

Remeber, Japan is currently the most active market for Bitcoin, so one wonders if this is some pre-saging of a general crackdown - despite all signals pointing the other way in Japan.