Please Stop Comparing the U.S. to the Fall of Rome: Justin Fox
©2016 Bloomberg View O1KYSL6JTSE9 (Bloomberg View) — People who are worried about the future of the U.S. often find parallels with the decline and fall of the Roman Empire. And oh the parallels there are! Here are a few I dredged up in a brief Internet search: easy monetary policy,
Gold Surges to Highest This Year as Turmoil Skewers Rate Outlook
©2016 Bloomberg News O1JL936KLVRA (Bloomberg) — Gold surged to the highest level in more than two months as demand for haven assets strengthened due to a global retreat in stocks and a renewed slump in oil, with investors scaling back bets about the pace and timing of U.S. interest rate increases.
How Government Can Pay Its Debt to Coal Country: Editorial
©2016 Bloomberg View O1IXH26JTSEB (Bloomberg View) — The decline of coal as a source of electric power is inevitable and well under way. This is a good thing, because whether measured by its effect on public health or its contribution to global warming, coal is more harmful than any other
Russia’s Economy Seen Shrinking a Second Year Amid Oil Slump
©2016 Bloomberg News O1JKG46KLVR5 (Bloomberg) — When Vladimir Putin first became Russia’s president back in 2000, oil traded at an average $28.40 a barrel. After spending much of the past five years above $100 a barrel, crude prices have come nearly full circle. In just the past few weeks, oil prices
5 Tips for Achieving Peak Performance
By John Dunnery Whether you’re a water polo player or a chess fanatic, a piano aficionado or an aspiring chef, there are times when you want to achieve peak performance. Perhaps you are taking a test, performing in a competition, or playing in a championship game. Maybe a special friend
Why Robots Mean Interest Rates Could Go Even Lower In The Future
©2016 Bloomberg News O1ERCZSYF01S (Bloomberg) — If robots rise, interest rates will fall. That was the assumption of delegates at the World Economic Forum’s annual meeting in Davos, Switzerland, as revolutions in automation and artificial intelligence reshape how economies work. The argument goes like this: As machines become more and
Apple’s Growth Seen Slowing as IPhone Demand Wanes
©2016 Bloomberg News O1H3K36JTSE8 (Bloomberg) — Apple Inc.’s shares have taken a beating, falling 11 percent since the last earnings report in October on concerns that iPhone sales may have suddenly dropped off. Results due Tuesday will give investors a closer look at whether that slump was justified—or a long-awaited signal that the stock is poised
This Chinese New Year, Something Strange Is Afoot: Adam Minter
©2016 Bloomberg View (Bloomberg View) — Every year, tens of millions of China’s 246 million migrants return home to celebrate the Chinese New Year. It’s the world’s biggest annual migration, and it typically goes off smoothly. This year, however, something’s amiss. Although the holiday doesn’t start until Feb. 8, millions
Apocalyptical red sandstorm turns Tobruk, Libya into a blood red city : A Well Thought Out Scream by James Riordan
Whenever someone starts quoting end times Bible prophesy or reading the Book of Revelation out loud, everyone around kind of splits into three camps. First there are those who don’t believe in the Bible at all and just plain don’t want to hear anything about it. Some of those people
To Emerging Market Investors, State Backing Means Less and Less
©2016 Bloomberg News O1BDQP6KLVR8 (Bloomberg) — Government support doesn’t count for as much these days in the developing world. Investors are demanding the biggest premium in three years to own bonds of state-backed oil producers and utilities as governments become less able to live up to implicit guarantees. Barclays Plc