Have you tried to hire a sewing machine operator lately? I haven’t, but I have friends running major apparel companies who have (where do you think I get all those tight-fitting jeans?). Guess what? There aren’t any to be had. Since 1990, some 77% of the American textile workforce has been lost, when China joined
Those of you counting on getting your old union assembly line job back in Detroit can forget it. The eight-year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the U.S. in professional and business services, followed by 4 million health care and social assistance jobs, while
"If money be not thy servant, it will be thy master. The covetous man cannot so properly be said to possess wealth, as that may be said to possess him," said Sir Francis Bacon, the 16th century English scientist.
To the dozens of subscribers in Afghanistan, Somalia, Iraq, Syria, and the surrounding ships at sea, thank you for your service! I think it is very wise to use your free time to read my letter and learn about financial markets in preparation for an entry into the financial services when you muster out. And
"There is no disinfectant like success," said Daniel Boorstin, the 12th Librarian of Congress.
The wild west of the data wars is spawning into an all-out, gunslinging shoot-out with a winner-takes-all mentality. This slugfest is reminiscent of the unregulated 19th-century American oil barons whose clout and complete control of the supply of oil fueled the industrial revolution that drove America's economy to the top of the global food chain.
Yu'e Bao or "leftover treasure" in English has caught the attention of more than 400 million Chinese investors. This money market fund has exponentially grown into a $250 billion fund by the end of 2017, and is now the largest money market fund in the world! This product isn't offered by Bank of China or another giant
Anti-A.I. physicist Professor Stephen Hawking was a staunch supporter of preserving human interests against the future existential threat from machines and artificial intelligence (A.I.). He was diagnosed with motor neuron disease, more commonly known as Lou Gehrig's disease, in 1963 at the age of 21 and sadly passed away March 14, 2018 at the age of 76. Famed
“We hire people who want to make the best things in the world.” – Said Co-Founder of Apple Steve Jobs
Global Market Comments October 1, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or DON’T NOMINATE ME!), (AMZN), (NVDA), (AAPL), (MSFT), (GLD), (ABX), (GOLD), (JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA, CONFERENCE, OCTOBER 26-27, 2018)