Saturday, April 30, 2016
Not Just Apple: China’s Smartphone Market Falls 5%
Not Just China: Global Market Shrinks for First Time Ever
But India Still Growing! Smartphone Market Up 23%
The Search for Apple's Next Big Thing
Goodbye to the 'Device': Google Shift from 'Mobile-First' to an 'AI-First' World
Google Founder's Letter 2016
The Future of Reality: VR, AR, MR. A Primer
The Untold Story of Magic Leap, The World's Most Secretive Startup
Editor's note: You'll find a text version of the story below the video.
Time and again, we've said that financial markets do what they do despite the Federal Reserve.
When the central bank raised its key rate in December for the first time since 2006, many thought that would translate into higher mortgage rates.
Instead, mortgage rates are nearly as low as they've ever been. A Feb. 12 CNBC headline reads:
Mortgage rates could cross a record low
I recently talked to a real estate agent who suggested that today's low rates meant that it's a good time to buy a house.
But a historical review and other warning signs suggest just the opposite.
First, let's review a 2014 chart and comments from bankrate.com.
It's a common belief in real estate that house prices are correlated to interest rates. ...
The problem with this belief is that, well, it's not true. In fact, there's no strong relationship between house prices and interest rates, according to [a vice president for Fannie Mae].
- US Home Ownership Slips to 48-Year Low
- US Housing Crunch: The Price Isn't Right
- SF Housing Prices Finally Starting to Drop
- Housing - At The Edge of Another Huge Cliff?
- $SPX - Are you ready?
- Taiwan Tech Firms Face Fallout From China / Apple Decline
- Woe-Mart: The Retail Giant Walmart Has Faltered
- Depression: US Suicide Rate Soars to 30-year High in Growing Epidemic Across America
Thursday, April 28, 2016
By Elliott Wave International
Walmart founder Sam Walton said:
"There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else."
Never were those words felt more acutely for those on the Walmart payroll than right now. Reason being: Over the last year, the eponymous Walmart "customer" has, indeed, taken his business elsewhere, fueling a series of epic setbacks for the retail giant:
- Store closures, layoffs, and the shuttering of its entire fleet of smaller "Express" locations across the U.S.
- A near 40% decline in its stock (WMT) before hitting bottom in November 2015
- Losing its status as the world's #1 retailer to Amazon
- And -- the sour cherry on top: The first decline in annual revenue since Walmart went public 45 years ago
In the words of a March 31 Bloomberg: It's "the end of an era for Walmart."
Which leaves one question: How the heck does a big-box behemoth go from retail victor to re-fail victim?
Well, according to the mainstream experts, the main cause of Walmart's woes are many-fold, from falling oil prices - to - China's flailing economy - to - the extinction of the brick-and-mortar store - to - the biggest baddest culprit of all, the brawny greenback: