Saturday, October 29, 2016

Economy

Apple is not going to kill cash. Tim Cook is out of touch.

Apple sales fall for first time since 2001.

Tesla posts second profitable quarter ever.

Inflation causes unemployment to rise.

Inflation is rising and the government is having a hard time hiding it.

Skyscraper alert in China?
"This report provides a description of the new largest building in the world. However, it is not a tall skyscraper so it does not fit nicely with the Skyscraper Curse analysis. Otherwise, we might expect a global economic crisis on the horizon.
The building is the world's largest as measured by square footage, which it has around 20 million square feet of floor space. That is more floor space than the equivalent of:
  • 20 Sydney Opera Houses
  • 3 Pentagons
  • 329 football fields
"
This reminds me of Liberty Center in West Chester.

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