iPhone

Fool me once...

For the umpteenth time this year, Facebook has come clean with an error in its advertising metrics. In November, Facebook said that after discovering several mistakes in its reporting methods, it would be more transparent about errors in the future. And so they have...

How many hours must you work to buy a new iPhone? It varies dramatically around the world, reflecting disparities in productivity and purchasing power.

• Futures rise for third day in a row (Reuters); Banks Lead Stock Rally as Bonds Gain With Hopes Pinned on Draghi (BBG)
• Monte dei Paschi bolsters European stocks, ECB looms (Reuters)
• Finding Risk in All the Wrong Places as Trump Era Begins (BBG)
• Goldman Tells Stock Pickers to Rejoice as Correlations Decline (BBG)
• Trump’s ‘Wall’ at Mexico Border Vanishing as GOP Lawmakers Bolt (BBG)
• AT&T CEO: Time Warner Deal Would ‘Disrupt’ Cable TV Model (WSJ)
• Americans Are Paying Apple Millions To Shelter Overseas Profits (BBG)

After failing miserably in their effort to elect Hillary on November 8th, Google has decided it's time to hire a "Conservative Outreach Manager."  You know your bias is deeply ingrained when you have to create a brand new "outreach" position just to figure out how to speak to people on the other side of the aisle.

Per the job listing posted to the Google Careers website, the new "Conservative Outreach Manager" would act as a "liaison to conservative, libertarian and
free market groups."

There’s a lot to be worried about going into 2017 both in terms of financial markets and in terms of geopolitical concerns.