I am going to take a brief look at a few revolutionary technologies – all Black Swan events, to hopefully give you a sense that great stock market bubbles typically involve a Black Swan technological breakthrough, which has broad implications spanning across many different industries. The new technology is always incredibly important, and because it was unexpected and because market […]
Originally published May 19, 2014 at 6:58 AM | Page modified May 20, 2014 at 6:37 AM
Stocks finished slightly higher on Monday, adding to the small gains the market carved out at the end of last week.A dearth of fresh economic data had many investors focusing on headline-grabbing corporate deals, including a $48.5 billion bid by AT&T to […]
Politico reports: The National Security Agency might be tracking your phone calls. But private industry is prying far more deeply into your life.
Commercial data brokers know if you have diabetes. Your electric company can see what time you come home at night. And tracking companies can tell where you go on weekends by snapping photos of your car’s license plate […]
The S&P closed at another record high yesterday boosted by encouraging private-sector hiring numbers. The benchmarks’ finish in the green was also aided by an increase in factory orders in February. This was the fourth-straight day of gains for the benchmarks.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe […]
The technologies that fly under the banner of “big data” may be new, but the business strategies have a familiar look.A prime example is the announcement on Wednesday from Pivotal, the big data and cloud computing company, a joint venture of EMC and VMware, in which General Electric has a stake.Pivotal is introducing its “Big Data Suite,” a bundle of […]
The technologies that fly under the banner of “big data” may be new, but the business strategies have a familiar look.A prime example is the announcement on Wednesday from Pivotal, the big data and cloud computing company, a joint venture of EMC and VMware, in which General Electric has a stake.Pivotal is introducing its “Big Data Suite,” a bundle of […]
Benchmarks ended mostly lower on Wednesday after the Federal Reserve indicated it might increase key lending rates sooner than expected. The central bank also said the economic stimulus program may end this fall and the rates will then be raised six months later. These statements from Federal Reserve Chairwoman Janet Yellen dragged benchmarks to their first drop in three trading […]
Wikimedia CommonsTwo academics from the University of Virgina got a hold of the trading records of SEC employees — then they built a mock hedge fund to see how it would do. The results are all in a paper presetned at UVA’s Darden School of Business.
The academics, Emory University professor Shivaram Rajgopal and Georgia State University accounting PhD candidate Roger […]
Investors refrained from placing big bets on Monday ahead of Federal Reserve Chair Janet Yellen’s first testimony before lawmakers. As a result, benchmarks closed almost at the same levels at which they opened the trading session. A lackluster quiet trading session saw hardly any action on the economic front. No major economic reports which could influence benchmarks were released.For a […]
Investors overlooked weaker-than-expected nonfarm payroll additions to focus on economic strength in the report; helping benchmarks finish in the green on Friday. Unemployment rate dropped to a five-year low and construction sector showed strong gains. Encouraging earnings from Expedia also helped improve the mood. The two days of gains helped benchmarks rebound from losses to end with weekly gains; the […]
