Health

Each quarter Credit Suisse's U.S. Equity Strategy team, led by Lori Calvasina, takes a deep dive into the stock level holdings of long-only, actively managed small, SMID, mid & large cap funds to see which stocks officially qualify as the most crowded trades on wall street.  While the results obviously vary across the size categories, Tech, Healthcare and Financials seemed to be recurring themes for the most crowded sectors at the end of Q4 2016.

Within the small cap category, 16 of the top 25 names were Tech (mostly semis) or Healthcare companies.

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

Profits are faltering for structural reasons that are not easily resolved..

The bedrock assumption of the Bull market is that corporate profits will keep rising indefinitely. Hiccups are allowed, but current stock market valuations are implicitly based on profits expanding.

IBM in conjunction with Rice University have created a robot that is designed to keep an eye on grandpa and help keep him safe. The robotic assistant can work around-the-clock, monitoring and helping senior citizens who live on their own. Rice University’s Aging in Place lab in Austin, Texas is working with tech giant IBM to create a robot to take care of your grandma.

A new Orwellian bill is being proposed in California that will make it illegal for parents to make medical decisions for their own children.  The new SB-18 bill will allow the State to seize children away from their parents and their homes if parents make medical decisions that the State deems not to be in the child’s best interests. Dr. Richard Pan, the man behind the current mandatory vaccination law (SB-277) is behind this new bill which will takes away yet more power from parents.