GoPro added that, since it uses production facilities provided by a local partner, it expects to make this move “at a relatively low cost.” GoPro today announced that it plans to move most of its US-bound camera production out of China by the summer of 2019 to mitigate the potential Read more…
A Chinese senior military official has declared that Beijing should prepare to attack United States naval vessels, should the US violate Chinese “territorial waters,” according to Taiwan News. Speaking from a Saturday conference in Beijing, Dai Xu – President of the Institute of Marine Safety and Cooperation, and a PLA Air Force Read more…
Check out the chart. Higher lows since August, a breakout of a crude cup-and-handle formation, and what looks like the coming test of the 200-day at 1257, which has rejected the gold price over the last year almost as many times I was in high school asking girls out on Read more…
Update (9:30 am ET): Jeremy Corbyn is calling off his dogs…for now, at least. Meanwhile, ERG MPs are saying they expect to win the 48 no confidence letters needed to call for a leadership challenge within the conservative party. One conservative MP insisted in a tweet that May would need Read more…
GoPro added that, since it uses production facilities provided by a local partner, it expects to make this move “at a relatively low cost.” GoPro today announced that it plans to move most of its US-bound camera production out of China by the summer of 2019 to mitigate the potential Read more…
A Chinese senior military official has declared that Beijing should prepare to attack United States naval vessels, should the US violate Chinese “territorial waters,” according to Taiwan News. Speaking from a Saturday conference in Beijing, Dai Xu – President of the Institute of Marine Safety and Cooperation, and a PLA Air Force Read more…
On the ECB, Jim Reid notes that DB economists expect a “dovish tightening,” i.e. In China we've also got a number of important releases including November trade data tomorrow, November CPI and PPI on Sunday and November activity indicators (retail sales, industrial production and fixed asset investment) on Friday. We Read more…
In what many will see as a retaliatory move against the arrest of Huawei's CFO, a Chinese court has ruled in favor of Qualcomm, against Apple, banning the sale of some iPhone models across China. “We deeply value our relationships with customers, rarely resorting to the courts for assistance, but Read more…
However, when the trend changes to a bear market prices trade below that moving average. This is shown in the chart below which compares the market to the 75-week moving average. As Goldman Sachs pointed out recently, the market is pushing the 89% percentile or higher in 6 out of 7 valuation metrics. Famed demographer, Harry Read more…
If you didn't understand that Elon Musk doesn't quite “get” what being a public company is about, and how not to commit securities fraud from his funding secured tweet, the litany of lawsuits he has catalyzed or his downright insane behavior over the last year, you may be one of the few Read more…