Tencent Burning Cash on Tesla

Chinese Tech Giant Buys 5% of Tesla

Tesla Inc. got a huge backing from Chinese Internet giant Tencent Holdings Ltd., whose purchase of a 5% stake boosts Elon Musk's ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about $1.8 billion for 8.17 million shares through Tesla's recent offering and via open-market purchases...

By | March, 29, 2017|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Alibaba Going Brick and Mortar

Alibaba's Push into Brick-and-Mortar Retail

China's Alibaba Group Holding said yesterday that it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales...

By | February, 21, 2017|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Danger! North Korea Testing Missiles

North Korea Missile Launch

Over the weekend, North Korea launched a ballistic-missile test. Although North Korea has largely been the pimple on the ass of the world, they are making progress in terms of nuclear capability. This missile launch is the first North Korean challenge presented to the new presidential administration, and could pose a problem down the line for U.S.-China relations...

By | February, 15, 2017|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Alibaba Using Trump to Become Amazon?

Alibaba Founder Pledges to Create 1 Million Jobs

Trump Tower has been a busy place over the past few weeks as Donald Trump prepares to take his place in the White House on January 20th. Jack Ma, Alibaba Group founder and executive chairman, met with Trump yesterday to discuss U.S.-China business relationships and efforts to create more jobs in America...

By | January, 11, 2017|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

The Art of Trade Warfare

Danielle DiMartino Booth

The latest week’s Investors Intelligence report reveals that bulls now account for 60.2 percent of those surveyed. To put that number into context, anything north of 55 percent is in the ‘danger zone,’ suggesting a market top is approaching. Readings north of 60 percent, however, indicate imminence and signal it might be a good time to take cover...

Debt Will Be the Inevitable Downfall of Current Cycle

Debt Disaster

Today on The Bubba Show, Bubba brings back the only economist who agrees with him, Dr. Bob Swarup from Camdor Global and author of the best seller, Money Mania Panic Booms and Busts. Bubba and Bob talk about the general markets and what their expectations are going forward...

Global Trade: Fading to Black

Danielle DiMartino Booth

Greetings from Tuscany! Here I sit perched in the homeland of my forefathers marveling at a beauty even I find hard to describe. Perhaps, though, landscape is not my forte. On the other hand….surprise, surprise. I couldn’t resist querying the local merchants and businesspeople. In the spirit of kicking off conversation, I complimented the country’s ability to issue a 50-year sovereign bond for such a low yield – 2.85 percent!