Market Scorecard Yesterday we saw markets move like one way traffic, from low to lower. The US market has now dropped over 20% from its all-time high, meaning that we are officially in a 'bear market'. As some bright spark noted on Twitter last night, if we are only down 19.99% we still is … Continue reading Adversity is Not New
"... essentially going out and finding out as much as you can about how people feel about the products that they ... it's just asking questions, basically. And Apple strikes me as having quite a sticky product and enormously useful product that people would use, and not that I do." To market to market … Continue reading Buffett piles into sticky Apple
"Whilst results themselves are not expected until August, the market chose to sell first and then ask questions later. An increased project cost in Dollars (to 11 billion Dollars now) coupled with the weakening Rand means that gearing will have to rise more than anticipated, and more importantly for shareholders, there will be a delay, … Continue reading Sashole
"As such, this is a case of Mr. Market taking the view that the Fed is going to raise rates sooner, rather than later. This spooked equity markets, sell first and ask questions later and rush to the safe haven of bonds. The broader market S&P 500 sold off heavily, down 1.5 percent (and a … Continue reading Mixed messages scream at Yellen and co.
"The company is slowly changing, and as they point out, in the coming months there will be more than just the car, the battery too. The so called Powerwall. The products are designed to be beautiful, not too dissimilar to another workaholic and neatness freak who pioneered amazing devices with his design team, one Steve … Continue reading Bezos, Jobs and Musk
"Gucci is the only brand of Kering SA that is not selling on the platform yet, the company owns brands such as Alexander McQueen, Bottega Veneta, Stella McCartney and strangely Puma too, as well as Volcom and others. I am guessing that the reference to Amazon.com having the size and scale is something that Rupert … Continue reading Luxury Online