How Millennials Are Shifting the Housing Market
09/18/2018 4:43 PMIt’s tough being a millennial. Millennials are accused of killing entire industries: casual dining chains that should have been killed off by a prior generation, beer (sez Goldman Sachs), napkins, homeownership, Harley Davidson, banks, diamonds, and brick-and-mortar...
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Tesla EVs Still In The Lead After Audi Launch, UBS Says
09/18/2018 4:31 PMAudi’s first battery electric vehicle, which launched at $74,800, is comparable to Tesla in price — but little else. “The e-tron underscores that catching up with Tesla is more difficult than expected by many,” UBS said in a note. “It delivers [about] 30-50 miles less...
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Is A Market Meltdown Looming?
09/18/2018 4:26 PMFlorence, now a tropical depression, made landfall in North Carolina on Friday, bringing with it destruction and calamity, the cost of which could top $170 billion, according to analytics firm CoreLogic. If so, that would make it the costliest storm ever to hit the...
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Putting Diamonds Back in Your Risk Portfolio
09/17/2018 11:56 PMLithoquest CEO Bruce Counts make a persuasive case for why, after almost a decade of down years, it may be time to get back into diamonds. N.B. Bruce was too modest to mention that he and his team have just made a significant discovery in Australia, the first of it's...
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Monster Job Losses Coming
09/17/2018 6:14 PMIn the latest installment of "taxes do matter, you idiots" Price Waterhouse Coopers new report forecast huge jobs losses if Canada doesn't lower its individual and corporate taxes in response to the Trump tax...
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‘Sell Everything’? Stocks, Bonds, Dollar Slide As New Tariffs Loom
09/17/2018 3:49 PMA sea of red... After China's slump to 2014 lows, US markets are seeing selling pressure everywhere with bond prices down (10Y yields above 3.00%), the dollar sinking, and US stocks are all lower... CLICK for complete...
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Diesel Demand Is Set To Soar
09/17/2018 3:45 PMThe International Maritime Organization’s new rules on fuel emissions that will come into effect in 2020 will help to lift diesel demand, according to industry insiders attending an S&P Global Platts event in Brussels this week. The new emission rules stipulate that...
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What Can Cause the Next Mortgage Crisis in the US?
09/17/2018 3:41 PMMortgage delinquencies at all commercial banks in the US inched down to 3.14% in the second quarter, the lowest since Q2 2007, according to the Federal Reserve. But after those soothingly low delinquency rates in 2007, something happened. By Q3 2008, the delinquency...
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The New Ultra-Wealthy Benchmark Is $50 Million
09/17/2018 3:32 PMMillionaires are pretty much just regular upper middle class folk these days. After all, when there are 16 million of them, they get lost in a sea of ordinariness. They aren’t ultra-wealthy at all. If you want ultra-wealthy, you have to have at least $50 million to...
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This Politician Has Really Lost Perspective
09/16/2018 10:25 PMWhen the Humboldt Broncos played their first game since the tragedy that claimed 16 lives - one politician took it as a chance to take pot shots at an opponent. Starts at the 48:05...
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