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The Approaching Silicon Valley Meltdown

Authored by Mark St.Cyr, To say that we are living through precarious times seems to be an understatement. Whether one lives in the so moniker’d “developed world, emerging, or frontier” there seems to be one constant currently: No one seems to be able to accurately ponder what tomorrow may bring, whether its political, economical, social, […]


1 In 3 Millennials Would Rather Own Bitcoin That Stocks

Having 'dabbled' in what they know best – Snap – Millennials are increasingly turning their back on stocks and buying bitcoin… In March of this year Millennials piled in to Snap shares… … the median age among Snap buyers on Thursday was even younger, at 26.    “I wanted to test the waters and play […]


Healthcare Spending Now Accounts For Almost One-Fifth Of The Entire US Economy

Authored by Michael Snyder via The American Dream blog, Everybody agrees that healthcare costs are way too high.  Back in 1960, healthcare spending accounted for approximately 5 percent of GDP, and by 2020 it is being projected that healthcare spending will account for 20 percent of GDP.  And when you break those numbers down into […]


Investors Now Value A $20 Billion Company Based On Its “Energy & Spirituality”

Authored by Simon Black via SovereignMan.com, About twelve years ago, at the height of the real estate boom in the United States, banks began issuing what became known as NINJA loans. You’ve probably heard the term before– NINJA stood for No Income, Job, or Assets. These were the famed ‘no money down’ loans at low, […]


Snapchat Soars, Reversing Earlier Crash, After Tencent Buys 10% Stake

Just as an avalanche of SNAP sellside downgrades was unleashed by Wall Street analysts (JPM and UBS both downgraded to Sell with $15 and $7 price targets, respectively), the proverbial Hail Mary emerged early on Wednesday morning, when hours after reporting atrocious earnings which sent its stock crashing, in its just released 10-Q, Snapchat reported […]


20% Of Snapchat’s Market Cap Just Disappeared On Abysmal Earnings, Redesign

It’s deja vu all over again. Almost exactly 6 months after Snapchat reported abysmal Q1 earnings – its first since going public – which crushed its stock, the company has done it again reporting earnings that disappointed on every single metric, and missed across the board with revenues and users failing to meet Wall Street […]


20% Of Snapchat’s Market Cap Just Disappeared After Company Admits It May Have Committed Suicide

It’s deja vu all over again. Exactly 6 months after Snapchat reported abysmal Q1 earnings – its first since going public – which crushed its stock, the company has done it again reporting earnings that disappointed on every single metric, and missed across the board with revenues and user growth failing to meet Wall Street […]