Corporate America

Frontrunning: September 22

  • North Korea Ramps Up International Rancor With H-Bomb Threat (WSJ)
  • A nuclear test over the Pacific? Logical, terrifying (Reuters)
  • What's a 'dotard'? Kim's insult to Trump (Reuters)
  • From Rubble and Ruin, a Mexican Town Wonders How to Rebuild After the Earthquake (WSJ)
  • Bonuses Are Shrinking. Blame Hurricanes and Trump (BBG)

Weekend Reading: They're Baaaccckkk!

"With cash levels at the lowest level since 1997, and equity allocations near the highest levels since 1999 and 2007... investors are now functionally 'all in'..."

Facebook Exposed - "You" Are The Product

"Google in my experience knows that there are ambiguities, moral doubts, around some of what they do, and at least they try to think about it. Facebook just doesn’t care. When you’re in a room with them you can tell. They’re’ – he took a moment to find the right word – ‘scuzzy’."

The Two Parts Of Bubbles

"All the ingredients for a stock bubble are present. It’s not really a monetary bubble so much as an expectations bubble...when will people wake up from the hazy doses of self-deluded reality they have become emotionally attached to..."

Why Google Made The NSA

"The origins trace back to a secret Pentagon-sponsored group, that for the last two decades has functioned as a bridge between the US government and elites...The results have been catastrophic: NSA mass surveillance, a permanent state of global war, and a new initiative to transform the US military into Skynet."

How The CIA Made Google

Inside the secret network behind mass surveillance, endless war, and Skynet...

No, Corporate CEOs Are Not Heroes

"...some of the worst cretins rummaging around the carcass of American freedom and democracy instantaneously began salivating ferociously at the opportunity to look heroic by coming out in opposition to a grossly exaggerated Nazi threat hyped up by the corporate media..."

Corporate America Is Suddenly Freaking Out About Amazon

Forget Trump: when it comes to a potential bogeyman, there is just one thing Wall Street is worried about. Amazon was mentioned a staggering 635 times in the last 90 days of earnings calls, while President Trump came up just 162 times and wages were discussed 111.