• Marc To Market
    10/03/2015 - 09:57
    The poor jobs report weighed on the dollar, but the greenback recovered as the session progressed.  It is not clear the jobs report was a game changer.  Stay tuned.  

Steve Jobs

Gold Standard Institute's picture

The Cotton Candy Market

If you borrow cash then it’s not income. No one in his right mind borrows to buy consumer goods... But what if someone else borrows, is that your income?

Tyler Durden's picture

The Youth Must Rise Up: Martin Armstrong Warns "The End Of The Noose Around Our Necks" Is Nigh

"The politicians cannot understand that they are destroying your future. All they can see is their need to retain power... We are reaching the end of this noose around our neck that was placed there by Marx. What you need to do is take back government. You cannot create a solution with the same line of thinking that created the current mess. The future belongs to the youth. Understand the devil you are dancing with. It is time to become politically active and challenge the establishment for that is the only way to save the future."

Tim Knight from Slope of Hope's picture

Palo Alto Outdoes Itself

She's a block away from the ghost of Steve Jobs. It's a lovely neighbhorhood, to be sure. But...........thirty million dollars???

Tyler Durden's picture

Apple's Bruised Presentation: A Warning Sign Rarefied Air Is Becoming Exhaust Fumes

Apple isn’t about Jobs anymore. He’s gone, and he’s not coming back. And the more Apple tries to fill that void, the deeper and wider the chasm becomes to fill by their own hand. Apple is no longer about a person – it’s about the product. And the product is the only thing capable of bridging that gap or hole left with the passing of Jobs. And the sooner Apple realizes it, and takes that to heart. The faster and better both Apple, their products, as well as the management and employees will be. Where they can all get back to doing what Jobs would be the most concerned with as well as probably proud of. i.e., Running a great company steered by smart people creating insanely great and revolutionary products second to none.

Tyler Durden's picture

Why Apple’s Launch Event Was "Creepy As Hell"

The Apple Launch is a closed circle of fawning sycophants, thrilled with gimmicks, adapted to computers, programmed, a throng of identical authentic individuals chained to their machines and congratulating themselves on being ‘connected,’ led by a human that resembles a robot. Two hours of watching the Apple Launch actually made the Manson Family seem homey.

Tyler Durden's picture

Goldman Defends Apple Following Underwhelming Product Announcements But Another Problem Emerges

Of course, with Goldman's desk making millions in commissions executing AAPL's weekly, if not daily, buyback orders, the last thing Goldman would dare to do is issue a report that angers Tim Cook. But another problem may be emerging for AAPL: China. As a reminder, China recently became the biggest end-market for iPhone demand and any hints this may be jeopardized could have severe repercussions on the stock price.  Which is why we paid particular attention to the report overnight from China's finance ministry, which accused a China unit of Apple of underpaying taxes in 2013 by 452 million yuan ($71 million), "which comes as China toughens its stance on tax payments by foreign firms."

Tyler Durden's picture

The Cable Industry's Scariest Chart

Recent price volatility in the media sector got us wondering: is “Cord cutting” the home cable box in favor of online entertainment really hitting critical mass?

Tim Knight from Slope of Hope's picture

Me So Einhorny!

Well, David Einhorn has clay feet, just like you and me, so.........naturally..........this very public announcement came within days of the stock's highest point in history

Tyler Durden's picture

Greece Isn't The Problem; It's A Symptom Of The Problem

All eyes may be on Greece right now, but in reality, the economic malaise is widespread across the continent.  It’s clear that Greece is not the problem. It’s a symptom of the problem. The real problem is that every one of these nations has violated the universal law of prosperity: produce more than you consume. This is the way it works in nature, and for individuals.

Tyler Durden's picture

Retail Investors' "Cult"-est Stocks

We always keep a weather eye on the state of retail investing in the U.S.  There is, of course, the old saw that this batch of buyers doesn’t get involved until the top; therefore, it makes sense to see if they are getting too “Bulled up”. Then there is the fact that retail “Cult” stocks can hold premium valuations far longer than those without such sponsorship.

Tyler Durden's picture

Collapse Part 3: No Institutional Path To Contraction

Collapse is not an event, it is a process.

Tyler Durden's picture

Financial Predators And Parasites Want To Live, Regardless Of The Cost

Reform is impossible in a system optimized for centralized power and financial predators and parasites. The predators and parasites will gorge themselves until the system collapses.
Tyler Durden's picture

A Cynical Look At Tim Cook's Commencement Speech

"Cook also told these millennials, 'Don't shrink from risk.' That's a musty old standard for commencement addresses: Find your passion, follow your dreams, take some risks, blah-blah-blah-blah-blah-blah. It cannot be lost among the most discerning grads that these commencement tips are coming from a generation that left them with crushing student debt, a wobbly job market, unaffordable real estate and cities increasingly ablaze."

Tim Knight from Slope of Hope's picture

Chocolatey Goodness

Can you imagine, say, Steve Jobs allocating 30% of Apple's profits - - forever - - to a given charitable cause?

Tyler Durden's picture

How iTunes Destroyed The Music Business In 1 Simple Chart

The music industry was the first entertainment business to confront the digital transition, although, as Goldman notes, it was not exactly a willing pioneer... It wasn’t until 2004 when Apple iTunes debuted that consumers grew more and more primed to free music; and after a small bump in sales in 2004 from the launch of iTunes, the declines resumed as the double whammy of album unbundling and a 30% wholesale price cut took its toll. From 2004 to 2014, US music unit and dollar sales declined cumulatively by another 50%, erasing US$5 bn in annual sales.

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