Friday, September 11, 2015

Economy

Microsoft is pushing Windows 10 to Windows 7 and 8 machines without notice.

Calgary's real estate bubble goes bust.

Markets still expect first rate hike since 2006.
"The first line of The Economist's article puts it this way: "The last time the Federal Reserve raised its benchmark interest rate, there was no one to tweet about it."
That's because there was no such thing as Twitter in June 2006, when the Fed raised the Federal Funds Target rate from 5 percent to 5.25 percent. MySpace was still popular then, too, and YouTube was only 18 months old."
Wow.
"The consensus among cynics, however, seems to be that the Fed will raise the rates a quarter of a percent, and then quickly lower them against before engaging in fresh rounds of QE. The cynics are probably right."
That's no strategy.

Shale oil production to drop next year. Another bubble popping. Enjoy low prices while you can.

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