Not to be outdone by Jeff Bezos' "out of the box thinking", Elon Musk has turned the amplifier of fast money to '11'...
Car-maker, tech stock, solar company... and now music streaming service.
Oh the genius of Elon Musk... "you just don't get it"
As ReCode reports, put this one in the “You can do that, but why would you want to do that?” file:
Submitted by Ronan Manly, BullionStar.com
Infographic website Visual Capitalist recently published an eye-catching infographic on behalf of Sprott Physical Bullion Trusts which featured 4 well-known billionaire investors and their supposed investments in gold. The infographic is titled “Why the World’s Billionaire Investors Buy Precious Metals” and can be seen here.
The 4 investors profiled in the infographic are:
Last February we described some of the "horror stories" of corporate leverage that emerged as a result of China's unprecedented offshore M&A spree that emerged in 2015 and raged through most of 2016: after all, with over $100 billion in foreign acquisitions, the bulk of the funding would inevitably come from debt. These were some of the examples we highlighted:
Authored by Lance Roberts via RealInvestmentAdvice.com,
In their policy announcement last week, the members of the FOMC claimed:
“Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year.”
Update: Sears Canada was authorized to obtain financing of C$450 million. The bankrupt company said it would close 20 full-line locations plus 15 Sears Home stores, 10 Sears Outlets and 14 Sears Hometown locations; it would also cut 2,900 positions across retail network, corporate head office in Toronto.
* * *