Share to Twitter Share to Linkedin Just like economists telling the general public about impending doom or delight, analysts for any given industry base their projections upon the intentionally misleading information they are fed by corporate investor relations teams, the analyst’s personal optimism bias or a host of other human noise. Therein, their skewed, semi-supported opinions become hearsay evidence (which should not be admissible in our individual courts), and then gets further sensationalized by news outlets seeking attention, e.g. “ 3 in 4 Economists Predict A Recession By 2021 .”). But for those interested in avoiding “fake news” for the overall economy there is another option: seek out objective, leading indicators within that local market akin to the 10-year U.S. Treasury yield, consumer confidence and home sales for the U.S. market. Until now, though, there haven’t been leading indicators for major markets such as the automotive industry. … [Read more...] about Maybe The Best Prediction Of Auto Sales Comes From Real-Time Data
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Going Back to School with Stock Market Fundamentals
Make that four weeks in a row of gains for the U.S. stock market, as the rally has become undeniable. The S&P 500 and the Nasdaq both climbed more than 3% last week, with the the Dow up 2.9%. The S&P 500 has now climbed 15% from its lows in mid-June, while the Nasdaq has clawed back 20% since then. That could technically be described as a new bull market for the index. A 20% retracement from a recent low fits the bill—or the bull—but there are a lot of opinions about that. But we can't deny the strength of the rally, especially when we dig into the charts. The average stock in the Nasdaq Composite index is up 34% from its lows. Remember, just a few months ago, we were talking about the average Nasdaq stock being down 50% from its highs. The pendulum has swung back in a big way. Across the market, the breadth thrust has been pretty impressive. And no, that's not a swimming stroke. The breath trust indicator is a technical indicator used to ascertain market momentum … [Read more...] about Going Back to School with Stock Market Fundamentals
InnovationRx: Facebook Ads And Patient Data; Plus, Covid And Neurological Damage
Share to Twitter Share to Linkedin InnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here . A study published this week in the data science journal Patterns suggests some digital health companies may be funneling sensitive patient data to Facebook to help target advertisements. Forbes senior writer Alexandra Levine reports that while the scale of the study was small – it tracked the online activity of 10 participants active in online cancer communities – it points to bigger issues around data-sharing trends in digital health and who is ultimately responsible for patient privacy, with three of the five companies analyzed going against their own privacy policies by sharing this information. Andrea Downing, cofounder of the Light Collective, a research group focused on online privacy issues that conducted the study, said this data gathering and algorithms for advertising are “one of the biggest threats to … [Read more...] about InnovationRx: Facebook Ads And Patient Data; Plus, Covid And Neurological Damage
Talking Travel With Seinfeld’s John O’Hurley
Share to Twitter Share to Linkedin Actor John O'Hurley has entertained and inspired thousands, carving his way into American pop culture in both television and film, most notably with his portrayal of the wildly eccentric character, "J. Peterman," on television's popular comedy, Seinfeld, for which he won a Screen Actor's Guild Award. He has starred on more than 50 television shows and two dozen films. He became one of America's most popular game show hosts with such classics as To Tell The Truth and Family Feud . He has starred on Broadway and around the country in such hits as Chicago and Spamalot. Mr. O’Hurley is also host of the NBC Thanksgiving television tradition, The National Dog Show , enjoyed annually for thirteen years by 25 million viewers. He extends his reach today into the world of business as a private venture capitalist and is actually a part-owner of the real J. Peterman Company , the subject of his Seinfeld- ian … [Read more...] about Talking Travel With Seinfeld’s John O’Hurley
Be on the lookout for dubious investments
PHUKET: Many readers responded to the recent article “Retirement is all about safety first” (story here ). Many could relate to the common pitfalls that expats have discovered in Thailand. While investing in a bar or restaurant is typically a losing proposition, at least the foreigner would still have a place to eat and drink. Where things take a really ugly turn is when retirees get burned on insurance-linked investment sales products and bad investments. Last week a reader reported the latest scandal involving the LM First Mortgage Income Fund and the LM Managed Performance Fund. Investors were told their investments were secure and backed by mortgages on Australian real estate. Investors got returns that were slightly above market rates and appealed to retirees looking for a steady income in retirement. Now LM Investment Management has collapsed. What’s most alarming is that the agents who sold these investments have earned their commissions and moved on. Those who invested … [Read more...] about Be on the lookout for dubious investments