Black Friday sales hit an all-time high record of $3.34 billion or 21.6% growth year-over-year. Mobile accounted for $1.2 billion of those sales, a 33% increase from the previous year. TechCrunch writes…
Combined with yesterday’s $1.93 in online sales on Thanksgiving, the two days are expected to close out at nearly $5 billion in sales. (Read More….)
Let’s use microeconomics to examine subsidies and why I recommend everyone stay away from investing in China.
Let’s start off with a perfectly competitive market where equilibrium is set at P and Q on our supply and demand graph.
A subsidy is an amount of money given directly to firms by the government to (Read More….)
China has threatened to cut off the sales of US goods in China if Trump follows through with his campaign promise to declare China a currency manipulator on day one of his presidency and to place 45% tariffs on goods imported from China.
The Chinese government responded to Trump’s win with an editorial in a (Read More….)
Saudi Arabia is now offering an international bond that yields 4.6%. The WSJ writes…
The $6.5 billion 30-year portion of Saudi Arabia’s bond is set to pay 2.1 percentage points more in yield than a comparable U.S. Treasury, or around 4.6%. That is a sizeable pickup in a world where developed-market bond yields are on (Read More….)
Alex Jones was outside the RNC in Cleveland exercising his right to free speech when he was attacked by a communist left group.
Alex Jones knows what he’s doing. Notice when the communists started yelling and pushing against Alex, he ducked down and rammed the guy with his body and I wouldn’t be surprised (Read More….)
The latest campaign donations show that while more bankers are backing Hillary Clinton, smaller traders are supporting Trump.
The Trump campaign has raised $65.3 million of which 73% came from individuals.
The Clinton campaign has raised $313.9 million of which only 22% came from individuals.
[graphiq id=”csighUXFFwp” title=”2016 Presidential Candidate Small Donors” width=”460″ height=”600″ url=”https://w.graphiq.com/w/csighUXFFwp” (Read More….)