Jun 17, 2018 | Investments
If you are holder of bitcoin, 2018 has not been pretty. The cryptocurrency has plunged nearly 30 percent in the last month, and more than 50 percent this year. CBOE Bitcoin futures have fallen nearly 70 percent from their December high of $20,500. Despite the move,...
Jun 4, 2018 | Investments
Announced earlier this week, U.S. job growth in May 2018 vaulted payroll gains above 1 million in 2018, reaching the milestone a month earlier than in the past two years. Employers added 223,000 jobs last month, more than forecast and bringing payroll gains for the...
May 27, 2018 | Investments
Earlier this week, Elon Musk, CEO of Tesla revealed that the much hyped mass market Model 3 will not be a mass market car after all. Conceding that the company would “lose money and die” if it were to build a $35K car, Musk admitted that even $50K price tag was out of...
May 20, 2018 | Investments
Li Ka-shing has done what few others, correction, only one other person has been able to do – post better than 20% returns over 45 years. In a career of 60-plus years, he has built a conglomerate that ranges from property development to utilities, from...
May 7, 2018 | Investments
China has been widely accused of currency manipulation in its attempt to prop up the yuan. But, it is also becoming increasingly clear that China has been rigging its GDP numbers. China’s first quarter GDP numbers came out few weeks ago at 6.8%, exactly the same as...
Apr 8, 2018 | Investments
Here is a novel idea – Buy a new car without ever speaking with salesperson or visiting a dealership. You can even test drive the car for three days. All this from a vending machine. It is true. Alibaba (BABA) opened the first of several such vending machines...
