Positive sell-side commentary helps Groupon (GRPN +11.3%) remain sharply higher following its Q1 revenue beat, which featured Q/Q gross margin and take rate improvements. "Groupon's [daily deals] leadership position will yield a growing, albeit slow, business in 2014 and 2015," says Gene Munster, whose pre-earnings predictions (I, II) were off the mark for both Q4 and Q1. Strong mobile numbers are also encouraging bulls: 45% of Q1 North American transactions took place via a mobile device, up from less than 40% in Q4. The number of customers to have bought a Groupon in the trailing 12 months rose by 700K Q/Q to 41.7M. (transcript) [View news story]
How does this justify a 56% growth rate which is what is implied by consensus estimates???
Did The Gold Standard Work? Economics Before And After Fiat Money [View article]
This analysis is a rather fast-forward through some very complex political climates and forgive me for saying that the points are not well-delivered, reaching hasty conclusive sentences. It should be very clear that fixed money supply prevents the kind of manipulation of currency (almost always for the worst of national interests). This value is desired by many societies. It is unfortunate that some take a globalist perspective of absolutism and impose this morality on what actually "works" for a nation. Nationalism absolutely has its place in a society and to run through very complex ideological wars at 100 mph and dismissing nationalism as nonsense discredits the author of having any fair view of the subject.
The preversion in central banking is the involvement of private business in central banking. Government should oversee the economy as a safeguard not business overseeing government. This is an opinion - all too often it is ignored in arrogance of presuming the current model of capitalism is superior and viewing prior ideas of the 20th century as failed experiments just because the American/Allied war machine put an end to them by force. That is the backdrop of this discussion and cannot be maturely addressed without engaging it.
The bailout rejected, what's next for Cyprus? Open Europe suggests the EU will allow a few days for Cypriot MPs to get their minds right before the ECB thinks about cutting off funding for the country's banks (which would lead to their collapse). Or not. Reuters' Anatole Kaletsky notes the ECB needs two-thirds of its board to cut off ELA funding, and the Germans don't have the votes. "Time to get bullish ... German U-turn ahead!" [View news story]
Facebook (FB): Q4 EPS of $0.17 beats by $0.02. Revenue of $1.59B (+40% Y/Y) beats by $60M. Shares -7% AH. CC at 5PM ET (webcast). (PR) [View news story]
Cost just also happen to be up 82% - this is most overrated, overbought firm.
OPEC announced it would maintain oil production at 30M bbl/day, but do its quotas even matter any more? Capital Economics' Julian Jessop thinks not: "While it may be in the interests of the group as a whole to cap output and support prices, each individual member has an obvious incentive to sell as much oil as possible." Plus, as non-OPEC supply increases, compliance is likely to weaken further. [View news story]
OPEC announced it would maintain oil production at 30M bbl/day, but do its quotas even matter any more? Capital Economics' Julian Jessop thinks not: "While it may be in the interests of the group as a whole to cap output and support prices, each individual member has an obvious incentive to sell as much oil as possible." Plus, as non-OPEC supply increases, compliance is likely to weaken further. [View news story]
Six world powers, including the U.S., are prepared to resume talks with Iran about its nuclear program in what could be a final attempt to reach a deal that will avoid military action by Israel or the U.S. The other countries involved are the U.K., France, Germany, China and Russia. Oil adds to earlier losses and is -1.1%. [View news story]
I'm not sure if you are aware of this or not, but countries are not entitled to tell other countries what to do, and to wage illegal wars, continually violate international sovereignty standards, and murder thousands of civilians in the name of "freedom."
Six world powers, including the U.S., are prepared to resume talks with Iran about its nuclear program in what could be a final attempt to reach a deal that will avoid military action by Israel or the U.S. The other countries involved are the U.K., France, Germany, China and Russia. Oil adds to earlier losses and is -1.1%. [View news story]
Why the the hell do you believe ANYTHING YOUR leaders say ???
Six world powers, including the U.S., are prepared to resume talks with Iran about its nuclear program in what could be a final attempt to reach a deal that will avoid military action by Israel or the U.S. The other countries involved are the U.K., France, Germany, China and Russia. Oil adds to earlier losses and is -1.1%. [View news story]
Already up on the day, crude oil flies higher on a report of an attack and explosion on a Saudi pipeline. WTI crude (USO) +2.3% to $109.48, Brent crude (BNO) +3.7% to $127.20. [View news story]
No doubt Arab independent media has a better idea what is going on in their own backyard. The reason why so many Americans have no idea what is going on (practically any place in the world but especially) in the Middle East is because they rely on mainstream media.
This is clearly domestic terrorism directed towards infrastructure and the implications are serious - an uprising in Saudi Arabia is 1) Long overdue considering the fact they are the most oppressive government in the middle east by far and have the biggest disparity of wealth 2) would have major supply disruptions.
The report about an attack on a Saudi pipeline is untrue, claim Saudi oil officials. "They originated from Facebook and Twitter and the pipeline is still up and running." A screenshot from PressTV says differently. Oil remains higher, but far below its initial spike. WTI crude (USO) +1.7% at $108.92. Brent crude (BNO) +3% to $126.35. [View news story]
Already up on the day, crude oil flies higher on a report of an attack and explosion on a Saudi pipeline. WTI crude (USO) +2.3% to $109.48, Brent crude (BNO) +3.7% to $127.20. [View news story]
Already up on the day, crude oil flies higher on a report of an attack and explosion on a Saudi pipeline. WTI crude (USO) +2.3% to $109.48, Brent crude (BNO) +3.7% to $127.20. [View news story]
Fool --
Iranians don't benefit from increased oiled prices. They export oil and import gasoline, which they then subsidize. Higher oil prices means higher gasoline prices.
Positive sell-side commentary helps Groupon (GRPN +11.3%) remain sharply higher following its Q1 revenue beat, which featured Q/Q gross margin and take rate improvements. "Groupon's [daily deals] leadership position will yield a growing, albeit slow, business in 2014 and 2015," says Gene Munster, whose pre-earnings predictions (I, II) were off the mark for both Q4 and Q1. Strong mobile numbers are also encouraging bulls: 45% of Q1 North American transactions took place via a mobile device, up from less than 40% in Q4. The number of customers to have bought a Groupon in the trailing 12 months rose by 700K Q/Q to 41.7M. (transcript) [View news story]
Did The Gold Standard Work? Economics Before And After Fiat Money [View article]
Did The Gold Standard Work? Economics Before And After Fiat Money [View article]
It should be very clear that fixed money supply prevents the kind of manipulation of currency (almost always for the worst of national interests). This value is desired by many societies. It is unfortunate that some take a globalist perspective of absolutism and impose this morality on what actually "works" for a nation. Nationalism absolutely has its place in a society and to run through very complex ideological wars at 100 mph and dismissing nationalism as nonsense discredits the author of having any fair view of the subject.
The preversion in central banking is the involvement of private business in central banking. Government should oversee the economy as a safeguard not business overseeing government. This is an opinion - all too often it is ignored in arrogance of presuming the current model of capitalism is superior and viewing prior ideas of the 20th century as failed experiments just because the American/Allied war machine put an end to them by force. That is the backdrop of this discussion and cannot be maturely addressed without engaging it.
The bailout rejected, what's next for Cyprus? Open Europe suggests the EU will allow a few days for Cypriot MPs to get their minds right before the ECB thinks about cutting off funding for the country's banks (which would lead to their collapse). Or not. Reuters' Anatole Kaletsky notes the ECB needs two-thirds of its board to cut off ELA funding, and the Germans don't have the votes. "Time to get bullish ... German U-turn ahead!" [View news story]
Facebook (FB): Q4 EPS of $0.17 beats by $0.02. Revenue of $1.59B (+40% Y/Y) beats by $60M. Shares -7% AH. CC at 5PM ET (webcast). (PR) [View news story]
Facebook: Peak Social Media Stock [View article]
OPEC announced it would maintain oil production at 30M bbl/day, but do its quotas even matter any more? Capital Economics' Julian Jessop thinks not: "While it may be in the interests of the group as a whole to cap output and support prices, each individual member has an obvious incentive to sell as much oil as possible." Plus, as non-OPEC supply increases, compliance is likely to weaken further. [View news story]
OPEC announced it would maintain oil production at 30M bbl/day, but do its quotas even matter any more? Capital Economics' Julian Jessop thinks not: "While it may be in the interests of the group as a whole to cap output and support prices, each individual member has an obvious incentive to sell as much oil as possible." Plus, as non-OPEC supply increases, compliance is likely to weaken further. [View news story]
Six world powers, including the U.S., are prepared to resume talks with Iran about its nuclear program in what could be a final attempt to reach a deal that will avoid military action by Israel or the U.S. The other countries involved are the U.K., France, Germany, China and Russia. Oil adds to earlier losses and is -1.1%. [View news story]
Six world powers, including the U.S., are prepared to resume talks with Iran about its nuclear program in what could be a final attempt to reach a deal that will avoid military action by Israel or the U.S. The other countries involved are the U.K., France, Germany, China and Russia. Oil adds to earlier losses and is -1.1%. [View news story]
Six world powers, including the U.S., are prepared to resume talks with Iran about its nuclear program in what could be a final attempt to reach a deal that will avoid military action by Israel or the U.S. The other countries involved are the U.K., France, Germany, China and Russia. Oil adds to earlier losses and is -1.1%. [View news story]
Already up on the day, crude oil flies higher on a report of an attack and explosion on a Saudi pipeline. WTI crude (USO) +2.3% to $109.48, Brent crude (BNO) +3.7% to $127.20. [View news story]
This is clearly domestic terrorism directed towards infrastructure and the implications are serious - an uprising in Saudi Arabia is 1) Long overdue considering the fact they are the most oppressive government in the middle east by far and have the biggest disparity of wealth 2) would have major supply disruptions.
The market isn't stupid.
The report about an attack on a Saudi pipeline is untrue, claim Saudi oil officials. "They originated from Facebook and Twitter and the pipeline is still up and running." A screenshot from PressTV says differently. Oil remains higher, but far below its initial spike. WTI crude (USO) +1.7% at $108.92. Brent crude (BNO) +3% to $126.35. [View news story]
Already up on the day, crude oil flies higher on a report of an attack and explosion on a Saudi pipeline. WTI crude (USO) +2.3% to $109.48, Brent crude (BNO) +3.7% to $127.20. [View news story]
Already up on the day, crude oil flies higher on a report of an attack and explosion on a Saudi pipeline. WTI crude (USO) +2.3% to $109.48, Brent crude (BNO) +3.7% to $127.20. [View news story]
Iranians don't benefit from increased oiled prices. They export oil and import gasoline, which they then subsidize. Higher oil prices means higher gasoline prices.