Scale works, and Amazon (AMZN) is proving it. Jeff Bezos' company is hyper-charging its levers and pumping out growth to the tune of $2.5 billion in net profit as of last quarter. This is a big deal for a company that has largely been considered using the AWS engine to fund the e-commerce business. The
Global Market Comments July 30, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or POURING GASOLINE ON THE FIRE), (MSFT), (AMZN), (FB), (NFLX), (TWTR), (TESTIMONIAL)
Pour gasoline on a fire and you get a reaction. It's a simple matter of physics. That is the natural result of hitting the economy with tax cuts, fiscal stimulus, and low interest rates all at once. But at what price? Of course, the headline number of the week was the first read on Q2
Mad Hedge Technology Letter July 30, 2018 Fiat Lux Featured Trade: (INSTAGRAM TO THE RESCUE), (FB)
He did it. Facebook CEO Mark Zuckerberg decided it was time to pull the plug and reset. After the data leak scandal, Facebook's torrid rise from the pullback of $157 to $219 was one of the best trades of the quarter. Management felt this was the perfect time to snatch breathing room to fix the
Global Market Comments July 27, 2018 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE FRIDAY, AUGUST 3, 2018, AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER), (STOCKS TO BUY ON THE OUTBREAK OF TRADE PEACE), (QQQ), (SPY), (SOYB), (CORN), (WEAT), (CAT), (DE), (BA), (QCOM), (MU), (LRCX), (CRUS), (ORIENT EXPRESS PART II, or REPORT FROM VENICE)
So, how will the trade war end? It could be the crucial trading call of 2018. "That which can't continue, won't," I paraphrase the noted economist Herbert Stein. I think that logic neatly applies to our global trade wars today. In 1970, some 25% of world GDP was accounted for by international trade. Today it
If you ever need someone to owe you a big favor, make sure it is the world's best hotel. That is what I discovered when I checked into the legendary Cipriani Hotel in Venice, Italy. I had booked its cheapest room at $1,500 a day. Due to a screwup on the reservations, I learned to
"If you can't make yourself loved, make yourself feared," said Mayer Amschel Rothschild, founder of the banking dynasty.
Global Market Comments July 26, 2018 Fiat Lux AMAZON SPECIAL REPORT Featured Trade: (SO WHERE DID THOSE AMAZON EARNINGS REALLY COME FROM AND WHERE ARE THEY GOING?), (AMZN), (WMT)