Amazing not making any news but hey what do you expect. Great work by Adam Andzejewski and go to the link to look at who got what. Aren't these the same schools that are not refunding any money????
Submitted by Adam Andzejewski, first published in Forbes,
Authored by Christoph Gisiger via TheMarket.ch,
Fred Hickey, editor of the investment newsletter «The High-Tech Strategist», warns that the stock market is still in a bubble. The veteran investor says why he avoids red hot technology stocks like Amazon and instead bets his money on gold mining companies.
Authored by Mike Shedlock via MishTalk,
Illinois pension plans are in serious trouble. So serious, the states seeks a federal bailout. Cities are in trouble too!
Today Boeing had its bonds downgraded to BBB while put on the negative watch list. Next stop for Boeing is junk bond status. 737 Max fiasco has not helped the company. What did help the company was doubling its debt within 1 year while buying back their stock in the amount of $100B to juice their stock higher.
To get a glimpse of what's in store, take a look of Japan. The land of a stagnated economy since 1990s to spurring the greatest points jump in history. How, Japan's love affair with ETFs on the Tokyo Exchange. Yesterday BOJ bought nearly a $1B worth of ETFs. Don't pay attention to the fact that BOJ already owns over 80% of Japan's ETFs. How can an argument be made that there is a functioning market when a central bank like BOJ owns the market?