The Last Bubble Standing – Amazon’s Same Day Trip Through The Casino – David Stockman’s Contra Corner 07-27-15

David Stockman writes: Amazon’s valuation, its one day gain and last week’s Google gain are reminiscent of the days before the tech wreck 15 years ago. The 12 Big Cap Techs of 2000 saw their peak combined valuation of $3.8 trillion plunge to $875 billion a decade later, even as their sales

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Take Cover – Wall Street Is Breaking Out The Bubblies – David Stockman’s Contra Corner 07-20-15

Salient to Investors: David Stockman writes: Google’s unwarranted market cap gain last Friday – 75% of the 9.6% gain in net income from the prior quarter was due to a lower tax rate and a cutback of ballooning G&A expenses – easily passed in one day the entire $50 billion market cap of Caterpillar, though only

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Are Tech Giants’ New Buildings Signs of the Top? – OfTwoMinds.Com 07-20-15

Salient to Investors: Charles Hugh Smith writes: Building new gleaming headquarters generally marks the top of a bank’s fortunes. So Facebook’s glamorous new headquarters, Apple’s under construction “spaceship” campus, Google’s plans for an ultra-modernist headquarters may indicate excessive confidence in endless growth of revenues, profits and valuations. Projections based on permanently parabolic growth

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Fareed Zakaria GPS – CNN 03-01-15

Salient to Investors: Fareed Zakaria said: Ookla Net index ranks the US 27th in broadband download speed. New America says the majority of US Internet customers pay more than their counterparts in Europe and Asia. Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript at http://www.cnn.com/TRANSCRIPTS/1503/01/fzgps.01.html

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Fareed Zakaria GPS – CNN 11-30-14

Salient to Investors: Fareed Zakaria said: All through history, humans have advanced when they have been able to work together. Matt Ridley said human progress took off when human beings began exchanging things, ideas, skills, goods, services.  Teamwork is the most crucial skill and yet education is mostly about solo performances.

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Fidelity’s Rossi Buying Stocks as Hedge Funds Get Caught – Bloomberg 10-16-14

Salient to Investors: Dominic Rossi at Fidelity Worldwide Investment said: He is looking to buy markets at these levels, particularly US stocks, amid a sell-off exaggerated and exacerbated by poor positioning from hedge funds. Long-only investors had largely maintained their asset allocations, but there has been a massive contraction of

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