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23 мая, 17:05

New Strong Sell Stocks for May 23rd

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:

23 мая, 01:30

A Simple Act That Endeared Trump to Israelis

The meaning of the president's Western Wall visit

22 мая, 20:40

Trump Follows Strict Gender Boundaries At The Western Wall

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); President Donald Trump became the first sitting U.S. president to visit the Western Wall on Monday. And he did so by maintaining the strict gender boundaries that govern this historic and holy space.  The president, currently stopping in Israel and the West Bank during his first official trip abroad, visited the wall with Melania Trump, his wife, and his daughter and son-in-law, Ivanka Trump and Jared Kushner, who are both Orthodox Jews.  According to Haaretz, the family arrived at the site together but split up to visit different sections of the wall. Trump and Kushner visited the men’s prayer plaza together, accompanied by the religious custodian of the site, Rabbi Shmuel Rabinowitz, and Mordechai Eliav, director-general of the Western Wall Heritage Foundation. The president approached the wall wearing a yarmulke and touched the stones with his right hand before slipping a note into the cracks.   He later told journalists that visiting the site was a “great honor.”  “I can see a much deeper path, friendship with Israel,” Trump said, according to NBC.  In the meantime, Melania and Ivanka visited the women’s section, which is separated from the men’s plaza by a barrier.   In a tweet, Ivanka said that it was “deeply meaningful to visit the holiest site of my faith and to leave a note of prayer.” She converted to Judaism before marrying her husband. The Western Wall is one of the holiest sites in the world for Jewish people. The wall, which dates from around the 2nd century BCE, is believed to be the remains of an ancient Jewish temple complex at the site. Israel’s Orthodox religious establishment enforces strict restrictions at the site that prevent men and women from praying together. Women at the wall are also banned from reading aloud from the Torah and wearing traditional Jewish prayer shawls.  Worshippers at the Western Wall aren’t allowed to bring their own Torah scrolls into the prayer site. The Orthodox Jewish organization that runs the site makes Torah scrolls available in the men’s section, but the scrolls aren’t available to women.  Just last week, hundreds of Reform Jews defied prayer restrictions with a mixed-gender prayer protest at the holy site. The protestors brought in their own Torah scrolls.  The gender restrictions at the wall apply to female reporters covering the president as well. Glenn Thrush‏, a New York Times White House correspondent, tweeted that female journalists were separated from male journalists at the religious site. The reporters who followed former President Barack Obama during a visit to the Western Wall during the 2008 campaign were also asked to follow similar guidelines, according to Politico.  For the second time in three days poolers are excluded from an event because they are women. pic.twitter.com/9hNvkiM031— Glenn Thrush (@GlennThrush) May 22, 2017 Feminist activist groups, such as the Women of the Wall, and more liberal Jewish denominations, like Reform and Conservative Judaism, have long campaigned for equal prayer rights at the site. Reform Judaism is the largest Jewish denomination in the United States. Together with Conservative Judaism, these two branches of the religion have five times as many members as the more observant Orthodox Jewish community in America. On the other hand, Reform and Conservative denominations have a much smaller presence in Israel.  In January 2016, the Israeli government approved a plan to replace a temporary ramp that has been used in the past for egalitarian prayer services with a permanent and larger plaza for mixed-gender praying. The approval of that space was initially hailed as a victory, but critics claim the plan hasn’t resulted in equality at the site. Prime Minister Benjamin Netanyahu hasn’t taken concrete actions to fully implement the plan, under pressure from Israel’s religious establishment, which doesn’t recognize the Reform and Conservative movements as Jewish. Rabbi Shmuel Rabinowitz, the site’s chief custodian, has also forbidden any prayer from taking place on that temporary ramp. Ultra-Orthodox protesters frequently occupy the space and set up their own gender-segregating barrier on the platform.  Rabbi Rick Jacobs, president of the Union for Reform Judaism, told HuffPost that it was “stirring” to see the American president pausing to reflect at Judaism’s holiest site. But he urged the president to take concrete actions towards creating peace in the region. “President Trump has said over and over that he is looking to help shape ‘the ultimate deal.’ We welcome his leadership, and urge him to help craft a process, and then an agreement, that guarantees peace, security and basic rights for both Israel and the Palestinians,” he wrote in an email to HuffPost.  Jacobs said that the gender separation of the Trump family at the Western Wall, also referred to as the Kotel, didn’t come as a surprise.  “As expected, the President and his family visited the Western Wall according to US protocol,” Jacobs wrote. “We have been in touch with the new US Ambassador about the Kotel issue—and the issues of religious pluralism in Israel more generally—and we sincerely hope that we get continued US encouragement regarding the enfranchisement of the majority of world Jewry in Israel, whether it is at the Kotel or elsewhere in Israel.” -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

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17 мая, 00:41

Sprint (S) to Launch C3PO Open Sources Developed by Intel

Sprint (S) is launching its open source NFV/SDN-based mobile core reference solution - C3PO (Clean CUPS Core for Packet Optimization where CUPS: Control & User Plane Separation).

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12 мая, 15:22

TELUS (TU) Surpasses Earnings and Revenue Estimates in Q1

TELUS Corp. (TU) reported impressive financial results in the first quarter of 2017, wherein both the top and bottom line outpaced the Zacks Consensus Estimate.

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09 мая, 16:21

Will TELUS (TU) Disappoint Investors this Earnings Season?

TELUS Corp. (TU) is slated to report first-quarter 2017 financial numbers on May 11.

09 мая, 02:06

Is history cyclical?, by Scott Sumner

I just finished reading Tyler Cowen's new book, "The Complacent Class." Tyler is really good at bringing together lots of seemingly disparate trends and finding a common underlying theme. Many (but not all) of the anecdotes in the book will seem familiar to readers that are well read on current events, but if you are like me then you may not have noticed how they all relate to a single underlying theme. That's Tyler's special talent In the final chapter Tyler looks to the future, and this is the part of the book that I found the least convincing. In this chapter, Tyler presents a sort of cyclical view of history. Before getting into the details, let's stipulate that history is cyclical in the sense that good times are followed by bad times, where "bad times" are defined as less good times than the previous good times. Thus when bad things happen, such as 9/11, Iraq and the Great Recession, we might be justified in retrospectively labeling the 1990s as "good times." I have no problem with that sort of claim, but it's almost tautological. Of course Tyler has bigger fish to fry, and extends this idea in a number of interesting directions. This is where I have some reservations. On page 198, Tyler refers to a return of the cyclical perspective to macroeconomics. He seems particularly sympathetic to Minsky's claim that long periods of stability lead to excessive risk taking, which sows the seeds of the next economic/financial crisis. While Tyler doesn't make this specific argument, some people worry that a Fed policy that produces short-term stabilization might do so at the cost of bigger crises down the road. I'm skeptical of the view that stability leads to behavior that makes the economy more unstable in the long run. If that were true, and if bankers were rational, then they would tighten up on loan standards after a long period of stability. I think we all agree that they do not do so. In my view that's because long periods of stability do not increase the risk of future depressions, whereas my opponents would probably cite some behavioral economics research and then argue that bankers don't become more cautious after long periods of stability because they are irrational. The idea that history is cyclical is closely related to some similar ideas in economics and finance, such as the claim that recessions occur at regular frequencies, and the idea that the asset markets are prone to repeated cycles of bubbles and busts. Because America has never gone more than 10 years without a recession, it seems logical to assume that the longer we go without a recession, the more likely we'll experience one in the near future. But business cycle research doesn't seem to back up that intuition; instead the business cycle is more like a random walk. And when we look around the world, we see other countries with economies that are similar to the US, which have gone two or more decades without a recession. (26 years for Australia.) I suppose Australia will eventually have another recession, but I don't see any reason why it's more likely to occur next in Australia than in America or the UK. Because the human eye likes to impose order on random processes, a graph of the S&P500 looks sort of cyclical. But again, studies show that stock price movements are fairly random, albeit perhaps not a complete random walk. In fact, when a market has recently been less volatile, the odds are that it will continue to be less volatile than usual, at least in the near future. [Today Tyler linked to a study that questions previous "market anomaly" studies. Some say the problem is data mining, but in a sense it's even deeper, a lack of understanding of what "statistical significance" actually means.] Instead of stability and complacency leading to the Great Recession, I see the real problem as being government created moral hazard and poorly thought out monetary policy. That's not to deny that complacency plays some role; I imagine that policymakers are less likely to shift policy when it seems to have been successful. But I believe that moral hazard is much more likely to lead to excessive risk taking than stability. Why do I believe that? Because moral hazard should lead to socially excessive risk taking, whereas stability should not. To overcome that strong theoretical presumption I need hard evidence. Tyler also considers other types of dangers, such as war. He is skeptical of sunny forecasts of "the end of history" or Steven Pinker's claim that the planet is becoming steadily less violent. I'm a bit more sympathetic to those optimistic views, but on the other hand the exceptions are so large (for instance WWI and WWII) that it's probably best we take Tyler's perspective and spend more time worrying about "black swans". I certainly won't live long enough to see whether Pinker's conjecture is accurate, but I might live long enough to see it refuted in the eyes of most people Here's an analogy. I think it's quite possible that in 50 years, 1985 will still be seen as the beginning of a "Great Moderation" in the business cycle. I don't see that hypothesis as having been refuted by 2007-09. But on the other hand, back in 2006 we would all have been much better off if we didn't believe those economists who thought that the Fed had gotten a handle on the business cycle. Here's a graph of RGDP growth rates (year-over-year). Notice that since the Great Recession, RGDP growth has been even less volatile than during the 1960s expansion. The final chapter also discusses Eric Cline's book "1177 B.C.: The Year Civilization Collapsed". The title sounded intriguing, so I read this book last year. Unfortunately, while it was an interesting read, the book did not really present any evidence that life in 1167 BCE was much different from life in 1187 BCE. (If you like this sort of historical speculation, I'd recommend one of Charles Pellegrino's books instead. It may not be more accurate, but it's more entertaining) I'm generally skeptical of most forecasting, including the specific forecasts at the end of The Complacent Class. However Tyler probably didn't intend that we put too much weight on any single forecast, rather that we become less complacent about whether progress was inevitable. If so, then the book will have provided a useful public service. (13 COMMENTS)

01 мая, 09:00

Doug Casey On Why Gold Is Money

Authored by Doug Casey via InternationalMan.com, It’s an unfortunate historical anomaly that people think about the paper in their wallets as money. The dollar is, technically, a currency. A currency is a government substitute for money. But gold is money. Now, why do I say that? Historically, many things have been used as money. Cattle have been used as money in many societies, including Roman society. That’s where we get the word “pecuniary” from: the Latin word for a single head of cattle is pecus. Salt has been used as money, also in ancient Rome, and that’s where the word “salary” comes from; the Latin for salt is sal (or salis). The North American Indians used seashells. Cigarettes were used during WWII. So, money is simply a medium of exchange and a store of value. By that definition, almost anything could be used as money, but obviously, some things work better than others; it’s hard to exchange things people don’t want, and some things don’t store value well. Over thousands of years, the precious metals have emerged as the best form of money. Gold and silver both, though primarily gold. There’s nothing magical about gold. It’s just uniquely well suited among the 98 naturally occurring elements for use as money…in the same way aluminum is good for airplanes or uranium is good for nuclear power. There are very good reasons for this, and they are not new reasons. Aristotle defined five reasons why gold is money in the 4th century BCE (which may only have been the first time it was put down on paper). Those five reasons are as valid today as they were then. When I give a speech, I often offer a prize to the audience member who can tell me the five classical reasons gold is the best money. Quickly now—what are they? Can’t recall them? Read on, and this time, burn them into your memory. Money If you can’t define a word precisely, clearly, and quickly, that’s proof you don’t understand what you’re talking about as well as you might. The proper definition of money is as something that functions as a store of value and a medium of exchange. Government fiat currencies can, and currently do, function as money. But they are far from ideal. What, then, are the characteristics of a good money? Aristotle listed them in the 4th century BCE. A good money must be all of the following: Durable: A good money shouldn’t fall apart in your pocket nor evaporate when you aren’t looking. It should be indestructible. This is why we don’t use fruit for money. It can rot, be eaten by insects, and so on. It doesn’t last. Divisible: A good money needs to be convertible into larger and smaller pieces without losing its value, to fit a transaction of any size. This is why we don’t use things like porcelain for money—half a Ming vase isn’t worth much. Consistent: A good money is something that always looks the same, so that it’s easy to recognize, each piece identical to the next. This is why we don’t use things like oil paintings for money; each painting, even by the same artist, of the same size and composed of the same materials is unique. It’s also why we don’t use real estate as money. One piece is always different from another piece. Convenient: A good money packs a lot of value into a small package and is highly portable. This is why we don’t use water for money, as essential as it is—just imagine how much you’d have to deliver to pay for a new house, not to mention all the problems you’d have with the escrow. It’s also why we don’t use other metals like lead, or even copper. The coins would have to be too huge to handle easily to be of sufficient value. Intrinsically valuable: A good money is something many people want or can use. This is critical to money functioning as a means of exchange; even if I’m not a jeweler, I know that someone, somewhere wants gold and will take it in exchange for something else of value to me. This is why we don’t—or shouldn’t—use things like scraps of paper for money, no matter how impressive the inscriptions upon them might be. Actually, there’s a sixth reason Aristotle should have mentioned, but it wasn’t relevant in his age, because nobody would have thought of it…it can’t be created out of thin air. Not even the kings and emperors who clipped and diluted coins would have dared imagine that they could get away with trying to use something essentially worthless as money. These are the reasons why gold is the best money. It’s not a gold bug religion, nor a barbaric superstition. It’s simply common sense. Gold is particularly good for use as money, just as aluminum is particularly good for making aircraft, steel is good for the structures of buildings, uranium is good for fueling nuclear power plants, and paper is good for making books. Not money. If you try to make airplanes out of lead, or money out of paper, you’re in for a crash. That gold is money is simply the result of the market process, seeking optimum means of storing value and making exchanges. *  *  * Doug thinks the price of gold could hit $5,000 in the coming years. To help you take advantage of this rare opportunity, he’s sharing the specific method he’s used to make gains as large as 487%, 711%, and even 4,329% in previous gold bull markets. The “Casey Method” is unlike any other investing strategy. If used properly, it could make you HUGE gains over the next few years. Doug explains it all right here. You’ll also learn how to get instant access to a special report that names 9 gold stocks with huge upside. Each of these stocks could rise 100%, 200%, or more in the coming years. Click here to get started.

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27 апреля, 16:34

Stock Market News for April 27, 2017

Benchmarks finished in the red on Wednesday, following the release of Donald Trump's outline for tax reform

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27 апреля, 14:33

BCE Inc. (BCE) Surpasses Q1 Earnings and Revenue Estimates

BCE Inc. (BCE) reported strong financial results in the first quarter of 2017. Both the top and bottom line outpaced the Zacks Consensus Estimate.

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24 апреля, 14:32

Can BCE Inc. (BCE) Spring a Surprise this Earnings Season?

BCE Inc. (BCE) is scheduled to report first-quarter 2017 results on Apr 26, before the opening bell.

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19 апреля, 15:22

Rogers Communications (RCI) Q1 Earnings Beat, Revenues Miss

Rogers Communications (RCI) posted mixed financial results for the first quarter of 2017, where the bottom line surpassed the Zacks Consensus Estimate, the top line missed the same.

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13 апреля, 18:45

Will Rogers Communications (RCI) Disappoint in Q1 Earnings?

Rogers Communications (RCI) is slated to report first-quarter 2017 results on Apr 18, after the market closes.

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13 апреля, 15:50

Shaw Communications (SJR) Q2 Earnings In Line, Revenues Lag

Shaw Communications (SJR) posted mixed financial results for the second quarter of fiscal 2017 where the bottom line matched the Zacks Consensus Estimate, the top line missed the same.

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10 апреля, 17:11

Shaw Communications (SJR) Q2 Earnings: What's in Store?

Shaw Communications (SJR) is scheduled to release second-quarter (ended Feb 28, 2017) fiscal 2017 results before the opening bell on Apr 12.

09 апреля, 16:47

The Logic of Mission Creep

How the Trump administration could get sucked further into Syria

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04 апреля, 07:47

Mark Koyama review of the Roman economy

Observe that Roman history leaves no traces of great mercantile companies like the Bardi, the Peruzzi or the Medici. There are no records of commercial manuals of the sort that are abundant from Renaissance Italy; no evidence of “class-struggle” as we have from late medieval Europe; and no political economy or “economics”, that is, no […] The post Mark Koyama review of the Roman economy appeared first on Marginal REVOLUTION.

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04 апреля, 02:27

Gerald Celente - Markets Flat, Penis Cheney Calls For War!

"Tyrants use wars and other distractions." Plato 370 BCE - & - "Before and after, war reigns happily." Nostradamus. Interesting wars are where the resources are that western countries need. The war is "over there" taxpayer money is being used to kick this disaster down the road,... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]