Why Bezos Is Betting His Fortune On This New Industry

  1. BI


    "... Growth is stalling. Factory output is down. Oil demand is off. U.S. tariffs on China have slowed trade. Investors have crowded into government...
      

  2. RA


    The Kremlin said on Wednesday that the existence of the World Trade Organization (WTO) would be in serious doubt if major economies such as...
      

    • rainman Replied
    • 6 replies
    • 664 views
  3. RA


    The Trump administration will delay imposing a 10% tariff on certain Chinese products, including laptops and cell phones, that had been scheduled to start...
      

    • rainman Replied
    • 11 replies
    • 576 views
  4. Zhong Lu


    Personally I'm wondering how that's possible.  Don't like jumping in with the crowd, but obvious short is obvious.  

  5. RA


    China on Friday threatened retaliation if U.S. President Donald Trump’s planned tariff hikes go ahead, while the renewed acrimony between the two biggest global...
      

    • rainman Replied
    • 63 replies
    • 4,515 views
  6. fb


    Lower interest rates and resurgent investor and central bank buying are expected to help gold prices cement recent gains and hold above $1,400 an...
      

  7. RA


    Spooked by a global economic slowdown, the U.S. Federal Reserve is seen launching on Wednesday its fifth interest rate-cutting campaign since 1995. It will...
      

    • rainman Replied
    • 7 replies
    • 595 views
  8. BI


    Elizabeth Warren is teaming up with a slate of fellow congressional Democrats who are calling for greater federal regulation of private-equity firms, which the...
      

  9. TB


    Treasury Secretary Steven Mnuchin said there is no change in the U.S.’s dollar policy “as of now” but wouldn’t rule out a shift at...
      

  10. PP


    Japan is ready to explain to South Korea export curbs it applied to materials vital to its neighbor’s tech industry, as their dispute stemming...
      

    • Pavel Replied
    • 8 replies
    • 687 views
  11. RA


    Federal Reserve Chairman Jerome Powell said Wednesday that “many” Fed officials believe a weakening global economy and rising trade tensions have strengthened the case...
      

    • rainman Replied
    • 9 replies
    • 800 views
  12. BI


    The radical and painful restructuring of Germany’s Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete...
      

  13. TB


    U.S. job growth rebounded in June as employers added 224,000 jobs, an indication of the economy’s durability after more than a decade of expansion....
      

  14. RA


    General Motors Co (GM.N) and Ford Motor Co (F.N) announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the...
      

    • rainman Replied
    • 5 replies
    • 488 views
  15. TB


    The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened. The Commerce Department...
      

  16. PP


    Welcome to the longest U.S. economic expansion in history, one perhaps best characterized by the excesses of extreme wealth and an ever-widening chasm between...
      

    • Pavel Replied
    • 19 replies
    • 1,537 views
  17. RA


    The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has...
      

    • rainman Replied
    • 6 replies
    • 645 views
  18. RA


    U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the trade deal between the United States and China is “about 90%” complete, CNBC reported. “We...
      

    • rainman Replied
    • 10 replies
    • 1,047 views
  19. RA


    China reported the worst-ever monthly sales drop in the world’s largest vehicle market on Wednesday, exacerbating concerns over the country’s economic slowdown and growing...
      

    • rainman Replied
    • 13 replies
    • 1,839 views
  20. TB


    Ford Motor Co is ready to sell its idle Russian plants and sees interest from potential buyers, the carmaker’s Europe chairman said in St....
      

  21. TB


    Stocks may be recovering but market angst is quickly spreading -- and not just in the professional ranks. Retail traders are now the least...
      

  22. RA


    Facing possible crippling tariffs U.S. President Donald Trump is threatening to impose on the United States’ biggest trading partner, Mexican President Andrés Manuel López...
      

    • rainman Replied
    • 14 replies
    • 1,940 views
  23. TB


    Federal Reserve Chairman Jerome Powell gives opening remarks on Tuesday at a monetary policy conference focused on long-term issues, but set now to the...
      

  24. Marina Schwarz


    Mounting climate change fears push U.S. investors to assess geographical risks With an above-average percentage of its power generated from renewable sources and one of...
      

  25. AB


    Wall Street’s biggest banks lined up to warn investors of growing recession risks from the escalating trade war between the U.S. and China. According...
      

  26. AB


    President Trump announced Thursday evening on Twitter new tariffs on all goods from Mexico until immigration into the U.S. is "remedied." If the crisis...
      

  27. HH


    Eurusd is pushed to its lowest level since last year. interesting to see at what point we see the reversal.
      

  28. BI


    The new GDP estimate was down slightly from an initial 3.2% estimate. For the current April-June quarter economists believe GDP growth will slow to...
      

  29. RA


    China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths...
      

    • rainman Replied
    • 16 replies
    • 2,009 views
  30. RA


    There’s a one-word answer to why the South American nation is bucking the trend: China. Argentina is in the grips of a financial crisis...
      

    • rainman Replied
    • 7 replies
    • 1,144 views
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