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Three Bubbles/Strikes And You're Out

Three Bubbles/Strikes And You're Out

Authored by Charles Hugh Smith via OfTwoMinds blog,

Those betting on a fourth bubble of even greater extremes will find their time at bat has come to an end.

The conventional investment wisdom holds that central banks will never let markets decline. This is an interesting belief, given that two previous asset bubbles based on central bank "easy money" both imploded, impoverishing believers in central bank omnipotence.

Amazon's 75,000 New Robots Are Your Answer To No Wage Inflation

Authored by John Mauldin via MauldinEconomics.com,

Like millions of other people, I am a fan and a user of Amazon.

They do make buying things convenient, especially little things that you might have to go to art specialty stores to find. I’m a huge user of the Kindle app, too.

I will admit that I don’t quite understand the Amazon business model of growth over profits. But I have noticed that most of the profits Amazon actually makes are coming from their non-commercial side—stuff like cloud services.

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