Month: July 2013

By MoneyMorning.com.au

TECHNOLOGY: Hey Mr. Ford…This is How You Make A Car

The auto industry in Australia is dead. In fact, globally there are a number of car makers that are struggling to adjust their business to the changing needs of society.

It’s for this reason companies like Ford and General Motors have put their hand out for help. And government has been willing to keep them alive.

With technology today, there’s no need for big, thumping cars with gas guzzling engines. Advances in green technology mean the days of the combustion engine are numbered.

‘Yeah, yeah, we’ve been here before Sam. Electric cars will save the world, blah, blah, blah.’

Our guess is that thought may have run through your head at some stage, and that’s fair. There’s been big promises by electric car makers before, and they haven’t delivered.

But what held back the makers of electric cars was the lack of infrastructure and technology to do so. ‘Traditional’ car makers have been making cars based on an age of industrial revolution.

That is, getting people to operate machinery to build cars. It worked so well for so many years and created companies worth hundreds of billions of dollars.

But yesterday we saw a video of a car maker that operates in the world we live in today. This company embraces technology and realises efficiency is best achieved by computer programs and robots. That’s not to say their process doesn’t need people at all. It just means robots make their cars better than people do, so they use them more.

This link will take you to a video. This video will show you how Tesla Motors [NASDAQ: TSLA] make cars.

If you were unaware, Tesla is the electric car maker founded and run by serial entrepreneur Elon Musk. Watch it. You will be amazed, because you’re looking at a company that’s looked into the future of their industry and created a vision. They’ve then built their company around this vision and put it into practice.

If you are at all wondering why Ford and Holden aren’t competitive in Australia, and why the traditional car makers are struggling against upstarts like Tesla, the video should help clear that up.

It’s not the immediate end of big companies like Toyota, GM and Ford, but it’s certainly a sign that if they don’t change, it could be lights out before they know it.

HEALTH: How the Flick of a Switch Could Change Lives

If you’re having a baby you don’t get to choose its gender…usually. What we mean by that is you may or may not know, but in some countries you can choose the gender of your unborn child.

In countries like Thailand and Malaysia you go to the right kind of doctor and say, ‘I want a boy,’ or ‘I want a girl.’ Using modern medical technology the doctor goes through the process of getting the right sperm and egg to get the right gender. What seems like a crazy concept is a relatively simple procedure.

This is all achievable because of our understanding of DNA and the human genome. Over the last 10 years our knowledge of the structure of humans has moved forward at a rapid rate. This is thanks to the research that had come about because of the Human Genome Project.

And a new breakthrough means genetic manipulation may just become a normal part of having a baby. Gender selection will be common place and the traits of your future child will be customisable.

Scientists at the University of Massachusetts have been able to ‘silence’ the extra chromosome that exists in Down syndrome patients. This breakthrough means the syndrome can be ‘switched off’.

This is a proof of concept discovery. It wasn’t trialled on people. The belief is it won’t necessarily reverse Down syndrome, but it will potentially eliminate certain symptoms of the disorder.

The bigger picture from this breakthrough is the impact genetic manipulation might have on the world. We could see a huge improvement in the health and wellbeing of generations to come. All thanks to being able to turn on and off particular genes. It’s another example of genetic science advancing at great speed.

With the ability to manipulate genes to ‘switch off’ down syndrome, you wonder where this science will lead to next.

Already there’s a listed company working in the field of genetic science that we think has the ability to end disease and illness with the ‘Flick of a Switch’. 

Fear mongers have it that these ‘crazy scientists’ are playing ‘God’ and just want to create ‘designer babies’. But perhaps the flip side is a future generation that doesn’t suffer from some of the ailments and illnesses that impact people’s lives today.

From our perspective we see genetic manipulation become more prevalent and relevant, and being used for the greater good, not to create designer babies.

ENERGY: Hypersonic Is Now a Little Step Closer

Back in late March we wrote about Reaction Engines. Reaction are a UK based company working away at a world first Hypersonic engine system. The name of the project is SABRE, which stands for Synergetic Air-Breathing Rocket Engine.

The point of this project is to work with the European Space Agency (ESA) to build the world’s first hypersonic plane. In effect that means you’d be able to travel from Sydney to London in under four hours.

And there’s been an update to the work that Reaction is doing with the ESA just in the last week. The press release from the ESA reads,

‘The UK government has announced plans to invest in the development of an air-breathing rocket engine – intended for a single-stage-to-orbit spaceplane – following the ESA-managed feasibility testing of essential technology.

‘The £60 million investment, provided through the UK Space Agency, will back technical improvements leading to construction of a prototype Synergistic Air-Breathing Rocket Engine, or SABRE.

‘Designed by UK company Reaction Engines Ltd, this unique engine will use atmospheric air in the early part of the flight before switching to rocket mode for the final ascent to orbit. The concept paves the way for true spaceplanes – lighter, reusable and able to fly from conventional runways.’

This is a big deal for Reaction. Like any tech company, there’s always a need for ongoing funding. To get assurance from the UK government that the funding is there is reassuring for the company.

We have no doubt that Reaction is on track to get a fully working engine on a plane soon. With the ESA helping and the UK funding it should happen a lot faster than previously thought.

When a test flight actually happens it will reshape the entire concept of intercontinental travel.

The whole aerospace industry will change for the better. And that’s the whole point of revolutionary technology, to change the world for the greater good.

Sam Volkering+
Technology Analyst, Revolutionary Tech Investor

Join Money Morning on Google+

From the Archives…

Quantam Computers – Why It’s Time to Believe the Unbelievable
12-07-2013 – Sam Volkering

Red Alert: Why This Stock Market Rally is a Trap
11-07-2013 – Murray Dawes

Why Oil Could be the One Commodity to Defy the Doom…
10-07-2013 – Dr Alex Cowie

Gold Breaks A Record
9-07-2013 – Dr Alex Cowie

Time to Plan for the Year-End Stock Rally?
8-07-2013 – Kris Sayce

By MoneyMorning.com.au

Rogue economist Phil Anderson has gone on the record to say America’s heading into a property boom and might take Australia with it. Phil’s theory is based around an 18 year real estate cycle and the key variable of land values. He says it can lead you to much better investment decisions. That’s worth a look in anyone’s book.

Phil says the signal that confirms we’re into a new beginning of the cycle is US stocks hitting a record high. That’s what he predicted would occur.

Both the Dow Jones and S&P500 indexes hit record highs this week. Will Phil’s other predictions also be right? 

The Importance of ‘Higher Bottoms’

We don’t know. What IS intriguing is Phil wrote an article in 2008 with this headline: ‘Property Will Fall Until at Least 2011, Then US Stocks Will Lead the Way’. So far that forecast is on track.

That’s more than you can say for the Chairman of the US Fed, Ben Bernanke. He spoke this week, with moves in the market mostly attributed to him. The hapless Bearded One has consistently overestimated the growth of the US economy, despite having an army of economists behind him.

Perhaps it’s inevitable for an organisation drenched in conventional thinking. That’s not something you could ever accuse Phil Anderson of. You could argue a part of Phil’s previous forecasting success — being all in cash in 2007–8 springs to mind — is due to the fact that he did not train as an economist in university.

We were curious enough to go back and check out again what he told Dan Denning in a Port Phillip Publishing Strategy Session back in March. If you need a refresher, he was speaking at time when the Dow Jones had closed higher for nine days in a row, the longest winning streak for the Dow since 1996. The DJI was 14,455 at the time.

This is how Phil explained the behaviour of US stocks:  

‘The stock market starts making higher bottoms, which we got right through 2010 and 2011, but those higher bottoms happen on actually worse economic news. And that’s what fools everybody…the higher bottoms, even though they’re on worse economic news, are actually telling you that the market thinks things are improving. I’ve noticed over the years, except at the extreme highs, the stock market never gets that wrong.

‘So once those higher bottoms were occurring it was fairly clear to me that despite the economic news getting worse, and despite in the US property news getting a little bit worse, company earnings were improving, and therefore when company earnings improve the prices of stocks simply have to go up. And that’s what’s been happening over the last couple of years. That process has happened every single time, in exactly the same way, since 1800 in the US.’

The Dow Jones is now over 15,500. Hmm. The question, of course, is this: is the recovery in America thanks to Ben Bernanke’s trillion dollar money printing, or a genuine rebirth as Phil claims?

Well, that depends on how you see the commodity markets.

Panic or Boom?

The second major pillar of Phil’s argument is for the worldwide commodity boom since 2000 to not only continue, but to go even higher. Compared to the mainstream view right now, he looks even more crazy. Infamous US short seller Jim Chanos would certainly say so. 

He spoke this week at the CNBC/Institutional Investor Delivering Alpha conference on Wednesday to say he was shorting (betting the price will go down) US blue chip stock Caterpillar.

Caterpillar is a world leader when it comes to construction and mining equipment. You can view it as a kind of proxy for those industries. But Chanos views it as a proxy for the end of the so-called commodity ‘super cycle’ and the end of the road for China’s credit-led infrastructure boom.

This brings us to the familiar spectre of China’s ghost cities and alleged mountain of what Austrian economists call ‘malinvestment’. That is to say, government boondoggles that have no business being where they are or doing what that do because they don’t make any economic sense.

The world has spent a long time waiting to see something crack in China. Will 2013 be the year? We don’t know. We do know our colleague Greg Canavan says yes. He’s expecting a panic. 

It seems like for Australia it always comes back to China. Phil Anderson says the Middle Kingdom is the one variable he can’t quantify into his (admittedly unscientific) model. He still remains bullish on Aussie real estate because, he says, land values will capture the wealth from strong commodity prices. That’s the link between his two forecasts.
 
But that leaves us with Greg and Phil completely at odds with each other. The bull and the bear. How will it play out? Who will be right? Stay tuned. 

Callum Newman+
Editor, Money Weekend

From the Port Phillip Publishing Library

Special Report: The Sixth Revolution

Daily Reckoning: The End of The Economy Deformed by Easy Money

Money Morning: Why Invest ‘Hard’ When You Can Invest ‘Easy’?

Pursuit of Happiness: Getting Serious About Freedom at FreedomFest

By WallStreetDaily.com

There are trends and mega trends… And now ­– thanks to the American Medical Association (AMA) – we’re on the verge of a super-sized trend.

The AMA recently changed obesity from a condition to a disease – just like cancer, AIDS, MS, hepatitis and so many others. That may not seem like a big deal, but it is.

You see, as a disease, the treatment of obesity must be covered by insurance companies under the Affordable Care Act.

It doesn’t matter how you gained the extra pounds: poor eating habits, sedentary lifestyle, or your mother’s genes. You’ll now be able to see a doctor and be treated for obesity and any ailments caused by it. And insurance companies must help foot the bill.

This may have the anthems of the world feeling a bit queasy, but weight management-related companies are licking their collective chops.

More than one-third of adults in the United States are considered obese, according to the Centers for Disease Control and Prevention. A report by the American Journal of Preventive Medicine says that by 2030, that figure could grow to 42%. Add another 18% of children ages six to 19 who are considered obese, and we’re talking about an epidemic.

A multi-billion-dollar epidemic…

As the author of Fast Food Nation, Eric Schlosser, states, “The annual healthcare costs in the United States stemming from obesity are approaching $240 billion.” That’s more than 20% of this country’s total medical bill.

If the rate of childhood obesity stays constant, that figure could balloon to $957 billion by 2030.

The term “obese” may conjure up images of reality TV personalities on “Extreme Weight Loss” or Dr. Phil’s latest pet project. But, in truth, it only takes an extra 30 pounds to be classified as obese. It ultimately comes down to having a body mass index (BMI) of 30 or higher. Flab, not muscle, tips the BMI scale.

And this dilemma is far more serious than your spouse asking, “Do I look fat in these jeans?” Obesity contributes to increased rates of more than 30 serious diseases. The most common, type 2 diabetes, affects about 30 million people and is linked to excess fat and a sedentary lifestyle.

Of course, having obesity covered by insurance doesn’t guarantee that people will automatically turn to a doctor – rather than a fast food drive-through. But it’s motivation nonetheless. The sheer number of people who are obese – and the markets that cater to them – represent an opportunity to shape up our health and stock portfolios.

Facing the potential “trimming of fat” from insurance companies, at least three industries stand to benefit from the long-term fight against obesity…

Let’s take a brief look at each, along with specific opportunities for interested investors…

~ Beneficiary #1: Healthcare

The major manufacturers of insulin, the main treatment for diabetes, are Novo Nordisk (NVO), Sanofi-Aventis (SNY) and Eli Lilly (LLY). Global sales are a staggering $15.4 billion annually, increasing 400% since 2000. It’s predicted that by 2050, 20% to 30% of the U.S. population will have diabetes, mostly with obese-driven type 2. United Healthcare estimates that Americans will spend $3.4 trillion over the next 10 years on diabetes-related costs.

~ Beneficiary #2: Weight Management

The weight management industry generates $59 billion in revenue annually in the United States alone. You might say that the potential loss of pounds by customers of Weight Watchers (WTW), NutriSystem (NTRI) and Nestle (NSRGY) – owner of Jenny Craig and Lean Cuisine – could translate into healthy gains for investors.

Personally, I like Weight Watchers for its 50-year focus on group support, sustainable food plans and behavior modification. In 2012, consumers spent $5 billion on Weight Watchers’ branded products and services. As you would expect, an economic slowdown in 2009 saw net revenue fall 8.9%. However, from fiscal 2008 to 2012, revenue compounded at an annual growth rate of 4.4% and shareholder equity rose 30%. With a little help from the healthcare system and smoother economic times, Weight Watchers will remain as much a staple as whole wheat bread.

~ Beneficiary #3: Pharmaceuticals

When it comes to the drug industry, three heavyweights basically corner the market: Roche’s (RHHBY) Xenical, Arena Pharmaceuticals’ (ARNA) Belviq and Vivus’ (VVUS) Qsymia. Not expected to gain FDA approval until 2014 or 2015, Contrave from Orexigen (OREX) may eventually give the others a run for their money – but not in the short term.

We can talk in great detail about how each pill differs, but all that really matters for consumers is how many pounds you can shed in what period of time (with the fewest debilitating side effects, and without contaminating any organs).

Cost is the other obvious factor, and getting insurers to cover the drugs is a key driver of sales…

For instance, Vivus experienced an abandonment rate of 30% when it first launched in September, “likely because of sticker shock from those not covered by insurance.” Belviq, made available in June, isn’t covered by most health plans, which is part of the reason some analysts think it got off to a slow start.

Bottom line: No matter how we choose to prevent and treat obesity, the real battle has just begun. The fact that insurance companies must help fund the fight could prove to be the biggest wildcard behind this super-sized trend.

Ahead of the tape,

Karen Canella

The post Three Ways to Profit From a Super-Sized Trend appeared first on  | Wall Street Daily.

Article By WallStreetDaily.com

Original Article: Three Ways to Profit From a Super-Sized Trend

London Gold Market Report
from Adrian Ash
BullionVault
Friday, 19 July 09:10 EST

GOLD crept higher in quiet summer trade in London on Friday, adding 0.4% for the week as world stock markets also rose but commodity prices fell back.

 Silver held 2.5% below last Friday’s finish in Dollars.

 Government bond prices were unchanged.

 “Gold going down is not necessarily a bad thing,” said US Fed chairman Ben Bernanke to lawmakers in semi-annual testimony on Thursday.

 “It suggests people have somewhat more confidence, and… feel less need for whatever protection gold affords.”

 But “gold investors started to get nervous” in late 2012, says a note from Canada’s TD Securities “about an eventual deceleration in the Fed’s extremely accommodative monetary policy.

 “Positive returns elsewhere [then] prompted investors to get out of gold.”

 Looking ahead, however – and with Bernanke repeating this week that tapering QE is “not a preset course” – “Economic data is unlikely to be stellar,” says the TD note, “and the Fed will remain coy.”

 Touching $1295 per ounce in Asian trade Friday, gold prices for Euro investors were flat from last week.

 The price in Sterling stood 0.5% lower at £846 per ounce for the first weekly drop in three.

“Gold miners across the world are cutting output and costs as gold prices slump,” says the latest Commodities Weekly from French investment bank and bullion dealers Natixis.

 “This is affecting new projects as well as existing mines.”

 After reducing their ‘hedge book’ as a group from nearly 3,000 tonnes to almost zero last decade as gold prices rose five-fold, “Mining companies are [now] queuing up at bullion banks to discuss short-term hedging arrangements,” says one London bank’s trading desk in a note.

 “Some forward sellers already sleeping well at nights…others are rushing to lock-in ‘good’ prices.”

 Gold lenders are currently enjoying the strongest sustained returns in almost a decade according to data from market makers and other bullion banks, with gold lease rates up and swap offer rates negative.

 “Some emerging-market central banks are taking advantage,” adds the London bullion bank’s note, “getting some yield on their gold reserves” by offering metal for loan.

 The Philippinnes, Russia and Turkey between them have accounted for half the total addition to national gold bullion reserves in the last 5 years.

 Now the world’s No.2 consumer, “China is importing large quantities of gold to meet [private] domestic demand,” says Friday’s note from Commerzbank in Germany.

 “China thus remains a crucial support for the gold price.”

 China’s gold demand is “slowing” however, says today’s note from Standard Bank, which points to the Shanghai gold premium falling from $37 per ounce above London’s benchmark two weeks ago to $22 today.

 “Real economic indicators remain uninspiring” for industrial commodities, Standard Bank adds.

 “Freight volumes in China continue to show significant drops…consistent with [weaker] manufacturing data for raw materials, exports orders and to some extent new orders.”

 Chow Tai Fook Jewellery, the world’s biggest jewelry chain, is meantime one of several stores being investigated in China for price collusion, government newspaper the People’s Daily reports.

 Down 25% for 2013 so far, shares in Chow Tai Fook rallied sharply last week after it reported a jump in second-quarter sales.

 “We don’t understand why we got involved in the story,” a spokeswoman told Reuters overnight.

Adrian Ash

BullionVault

Gold price chart, no delay | Buy gold online

Adrian Ash is head of research at BullionVault, the secure, low-cost gold and silver market for private investors online, where you can buy gold and silver in Zurich, Switzerland for just 0.5% commission.

(c) BullionVault 2013

Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

By The Sizemore Letter

From Covestor:

Your search for an investment adviser should start with ones who put their money where their mouths are, says Charles Sizemore, portfolio manager on the Covestor platform.

Ask yourself: Why wouldn’t a manager invest in the portfolio they are managing? And if they won’t, why should you?

”You care more about it when you have your own money on the line,” Sizemore says of investment advisers, in our latest online hangout. “It’s just human nature.”

Looking for managers with skin in the game, so to speak, may even have a tie to investment performance. According to Morningstar research, funds run by managers who had invested $1 million or more in the funds they managed outperformed 58% of their peers over the 5-year period ended in July 2009.

The Morningstar report did not attempt to say that levels of manager investment can predict future performance, however.

According to Sizemore, the benefit of having managers invest in their own strategies also applies to financial advisers who run separate accounts for clients. He says it’s a sign of confidence in the manager’s abilities.

“You want to know that your financial adviser or your money manager is aligned with you and that you have the same interests,” he says.

On a related subject, Sizemore says that it’s important to find an adviser that is only paid based on the assets being managed or on the performance of the assets under management, and to avoid ones that are paid based on commission.

“If they are earning their pay based on a commission sale, then they are incentivized to sell what pays the highest commission,” Sizemore says. That’s not to say that all brokers are crooks, but as human beings, we tend to do what we are incentivized to do.”

Rounding out his top traits of financial advisers, he says to look for one with a clear and easy-to-understand investment process.

“Any financial adviser or money manager should be able to explain what they are doing and why… . You need to see thought and a process behind their moves.”

This material represents statements made live on July 17, 2013.  All opinions included in this material are as of July 17, 2013 and are subject to change.  The opinions and views expressed herein are of the portfolio manager and may differ from other managers, or the firm as a whole.  All investments involve risk (the amount of which may vary significantly) and investment recommendations will not always be profitable. Past performance does not guarantee future results.

By JW Jones, OptionsTradngSignals.com

By HY Markets Forex Blog

In Europe, stocks were declining while major companies reported its quarterly results as finance ministers and officials from the G20 gathered for a two-day meeting to discuss global issues. The meeting is to be held in Moscow.

The pan-European Euro Stoxx dropped 0.38% to 2,707.79, while the German DAX fell 0.43% to 8,301.39. The French CAC 40 declined 0.43% to 3,911.08, as the UK’s FTSE 100 lost 0.28% to 6,615.50.

The finance officials from G20  meeting up in Moscow later today for the two-day meeting  and are going to discuss global issues  , such as the increase of the youth unemployment and the slow growth of the economy .

According to reports, the Down Jones and S&P 500 reached its highest level by the market close after Morgan Stanley posted the better-than-expected results and the Federal Reserve Chairman Ben Bernanke said that the central bank would be reducing its bond-buying program if the economic conditions in the US showed further improvement and were stable.

In Spain, the trade balance data for the month of May is expected to show deficit of 200 million euros.

While in Italy the reported industrial orders increased by 3.2% in May month-to-month, as orders declined 1.1% year-on-year, according to the National Institute for Statistics (Istat).

Istat reported industry sales in Italy are likely to pick up by 0.1% in the month of May on a monthly basis.

In Germany, the Federal Statistical Office reported that the producer prices were recorded flat in June monthly, after declining 0.3% in May, while the prices increased 0.6% yearly.

The post Europe market drops ahead of G20 meeting appeared first on | HY Markets Official blog.

Article provided by HY Markets Forex Blog

By HY Markets Forex Blog

The Western Texas Intermediate was seen traded flat on Friday, after heading to a 16-month high and balanced for nearly four weeks, indicating signs of the U.S economy growth. While oil inventories have dropped for the third week.

The WTI September delivery were traded flat, with a 0.02% drop to $107.81 at the time of writing , while the Brent futures delivery on the ICE Futures  Europe Exchange went up by 7 cents to $108.77 per barrel.

The price gap between the Brent crude and WTI went down to its lowest since October 2010.

The US economic news and high market expectations pushed the New York’s NYMEX crude to its current highs. The better-than-expected increase in manufacturing activity pushed the oil prices higher.

The Labor market also showed improvement as data from the US labor department showed that the jobless claims dropped from 334,000 to 24,000 in two weeks ending July 12, indicating it’s lowest since May.

While Wednesday’s weekly reports released by the Energy Information Administration (EIA) showed a fall in the US crude inventories, lowest since January. New data released showed, stockpiles dropped by 6.9 million barrels to 367 million in the previous week ending July 12.

The most recent US Federal Reserve Beige Book data released on the Wednesday meeting, revealed that the world’s largest economy is growing at a moderate pace ,showing that the economy growth may be stable .

The post WTI trades close to 16-month high on positive US data appeared first on | HY Markets Official blog.

Article provided by HY Markets Forex Blog

By WallStreetDaily.com

Every Friday, I undergo a transformation: I switch from being the boring professor – who specializes in droning, long-winded lectures – to the nutty professor, who blows crap up.

That might be a bit of an exaggeration.

But instead of boring you with words, I mix it up and enlighten you with a few striking charts.

Longtime readers tell us it’s their favorite column of the week. Let us know if you agree by dropping us a line at [email protected].

Without further ado…

Who’ll Flinch First?

Based on the latest National Association of Homebuilders (NAHB) sentiment index, homebuilders are more cheerful than they have been in a long, long time.

The latest reading jumped from 51 to 57 – the highest in seven and a half years.

The move caps off a two-month, 13-point rise, too, which hasn’t happened since “I’m Too Sexy” by Right Said Fred topped the music charts. (That was in February 1992, in case you stink at pop culture trivia.)

So are investors just as enthusiastic about homebuilding stocks? Er… not so much.

Ever since mortgage rates spiked, they’ve run for the exits, setting up one of the biggest divergences in recent history.

Homebuilders’ sentiment and homebuilding stocks traditionally move in lockstep with one another. But that’s not happening right now, setting the stage for the biggest game of “Chicken” on Wall Street.

As Bespoke Investment Group notes, “Going forward, it will be interesting to see if this recent divergence corrects itself – either by housing stocks picking back up again, or homebuilder sentiment pulling back.”

My money is on housing stocks reversing course. Anyone care to wager with me on that?

Yes, Mobile is Kind of a Big Deal

Occasionally, I get ridiculed for my over-the-top enthusiasm regarding all things mobile and the runaway growth in the sector.

But it’s warranted. And here’s the proof…

In the last decade, the number of mobile phone subscriptions has surged from 662 million to 6.4 billion, according to the International Telecommunications Union.

That translates into a 91% global penetration rate, making mobile phones one of the most ubiquitous technologies in the world. Only steel blades, cotton t-shirts, aluminum pots and plastic bottles are more prevalent (if they actually count as innovations).

Even more staggering is the uptick in mobile internet usage. The number of users recently topped two billion.

So forget Ron Burgundy… mobile is kind of a big deal. Invest accordingly. Or miss out.

That’s it for today. Before you sign off, though, do us a favor: Let us know what you think about this weekly column – or any of our recent work at Wall Street Daily – by sending an email to [email protected], or leaving a comment on our website.

Thanks, and enjoy the weekend!

Ahead of the tape,

Louis Basenese

The post Friday Charts: A Nasty Game of Chicken… Wall Street Style appeared first on  | Wall Street Daily.

Article By WallStreetDaily.com

Original Article: Friday Charts: A Nasty Game of Chicken… Wall Street Style

By www.CentralBankNews.info