Authored by Steven Vanelli via Knowledge Leaders Capital blog,
On a relative basis, compared to the developed world, North American stocks peaked on November 23, 2016, and have since underperformed by about 4% (in USD).
If yesterday's tape bomb came courtesy of the most prominent UK subprime lender, Provident Financial, which plunged over 70% after it gave a "clearly awful" business update coupled with the resignation of its CEO, today's market shock belongs to ad giant, WPP, whose shares crashed the most since 2000 after the world’s largest advertising company cut full-year revenue forecast amid lower spending by customers, while reporting dreadful Q2 earnings.
Courtesy Marketslant.com
NASA placed a camera onboard a plane and is chasing the total solar eclipse across the sky. Even with the camera, they need a filter for viewers at certain moments
Trump and American History Have Been Assassinated
Paul Craig Roberts
When Trump was elected I wrote that it was unlikely that he would be successful in accomplishing the three objectives for which he was elected—peace with Russia, the return home of offshored US jobs, and effective limits on non-white immigration—because these objectives conflicted with the interests of those more powerful than the president.
It’s been another breakout year for Tesla. Over the course of 2017, the company’s market capitalization has soared beyond those of major manufacturers like Ford, GM, BMW, Honda, and Nissan. This thrust can be partly attributed to the company’s Model S, which reigns supreme as the top-selling plug-in electric car worldwide in 2015 and 2016.