emerging technology (1)

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Daily Reads

  • "There’s no way that we are not going to have massive problems in China." BloombergView
  • Let the bidding begin for Elon Musk's battery gigafactory.  Bloomberg
  • Possible defaults in some WMPs don’t reflect a “big problem”.  Wait, 60% of GDP is no big deal? Bloomberg
  • Retailers deep discounts bring in buyers BUT weigh on margins.   IBD
  • China's property boom continues to rise relentlessly. Global Property Guide
  • Why Facebook bought Whatsapp (think "get the teenagers back")  Sequoia Capital
  • Business investment flows continue sluggish (but the stock market doesn't seem to care)  Califa Beach Pundit
  • It has never ceased to amaze me the ridiculous amounts the US government spends on it's military (20% of budget) yet when you stand back and look at things, it becomes even more ludicrous.  For example the 19 aircraft carriers we have afloat whereas China only has one and it's not even in commission yet.  BusinessInsider   More aircraft carrier numbers at Wikipedia
  • After the close, CME lowers margin

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