Shares of Netflix(NFLX) closed at $613.25 yesterday after reaching as high as $618. The stock shot up on rumors that the company is working on entering China. As the Chinese market is huge, investors hope Netflix could reap substantial profits. By any means, Netflix shares are not cheap now. The P/E is over 159. At current prices …
For coffee lovers , this is an interesting guide. Click to enlarge Source: Sputniknews.com
A few days ago Barry posted a chart titled Who benefits from a higher minimum wage?. Obviously everyone except the labor doing the minimum wage benefits from this. For example, American farmers employing minimum wage workers to pick strawberries and other work profit handsomely from keeping the minimum wage at very low rates.This is on top of the …
Does Germany have a trade union problem? (The BBC) ‘American Football Is Like a Nuclear Explosion’ (Der Spiegel) The US payday loans crisis: borrow $100 to make ends meet, owe 36 times that sum (The Guardian) International Investment: Political Risk May No Longer Be a Reason to Avoid Europe (Schwab) More Proof Of America’s Inadequate Infrastructure (Barry) …
Continue reading ‘Knowledge is Power: Germany, Nuclear Explosion, Mature Bull Market Edition’ »
The U.S. and Chinese economies are two of the largest economies in the world. Both the countries depend on each for trade and investments. Like the Siamese twins it can be argued that the economies of these countries are inter-linked with one another. In this article, let us compare China and the U.S. based on …
Continue reading ‘USA vs China: Government Finances and the Economy’ »