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How to think about data in 2019It is tangible human beings, not abstract “data”, that power the online economy 🤭😇😄 Its all about how much of sensitive information this abstract Data can reveal about YOU that matters for any company or nation. I'm starting to suspect that the Economist doesn't believe in capitalism, it's almost like you think that people are more important than resources.
Source: TheEconomist - 🏆 6. / 92 Read more »
Another Warning That A 2019 Recession Is ComingWhile today's U.S. economy seems strong, measures like employment, industrial production and retail sales have peaked shortly before a recession. Household wealth-to-income measures are seldom discussed but strongly confirm this pattern. The idiots working at the Fed will be the cause of it. Legend 'Judging by activity measures like retail sales, industrial production and employment, the U.S. economy does not seem to be on the brink of slowing down. ' - Okay then … so the markets are correcting themselves after record growth. Also we are going to be hit by an asteroid. This article is ridiculous.
Source: Forbes - 🏆 394. / 53 Read more »
The 2019 stock market reversal: how it happenedFew people would have disagreed at the beginning of the year that the nine-year-long bull market was reaching its end phase. That didn’t diminish the shock when stocks began to plunge in earnest. Breakingviews lays out a fictional account of how the good times came to an end.
Source: Breakingviews - 🏆 470. / 51 Read more »