The College Degree Of The Richest Person In Every Country

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Via, Money and education don’t always go hand-in-hand, but it doesn’t hurt to sway the odds in your favor by studying hard at college. However, sometimes choosing the most appropriate degree is the hardest part. It can be helpful to look for inspiration from people who have already become a success in your chosen… Read More

Ray Dalio: Cash Will Be Big Loser in Coming Years

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Submitted by Taps Coogan on the 22nd of January 2020 to The Sounding Line. Enjoy The Sounding Line? Click here to subscribe. Ray Dalio, co-chairman and founder of Bridgewater Associates, recently spoke with CNBC to provide a warning that, in his view, the biggest risk facing investors may be the declining purchasing power of cash.… Read More


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I don’t like trafficking in end-of-the-world predictions.  On the whole, humans tend to figure stuff out, so I am by no means a doomsayer.  In fact, the market often worries too much about imaginary disasters, so usually I am on the side of calling for calm. Yet there is sometimes a potentially worrisome situation that… Read More

China Enters 2020 Still (Intent On) Managing Its Decline

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Chinese Industrial Production accelerated further in December 2019, rising 6.9% year-over-year according to today’s estimates from China’s National Bureau of Statistics (NBS). That was a full percentage point above consensus. IP had bottomed out right in August at a record low 4.4%, and then, just as this wave of renewed optimism swept the world, it… Read More

Glencore to restructure SA ferrochrome following “material losses” at Rustenburg smelter

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HIGH electricity tariffs, interruptions, and deteriorating conditions in the ferrochrome market have forced Glencore and its joint venture partner, Merafe Resources, to consider restructuring its Rustenburg smelter. As a result, the partners have commenced a Section 189 process in terms of the Labour Relations Act that may result in job losses. Glencore did not specify… Read More

S.Africa's Woolworths names U.S. fashion executive Roy Bagattini new CEO, shares jump

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JOHANNESBURG (Reuters) – South Africa’s Woolworths Holdings has appointed Levi Strauss executive Roy Bagattini as CEO, cheering investors keen for a fresh pair of hands to tackle the department chain’s struggling Australian business. A shopper walks to a Woolworths store in Sandton, South Africa, August 28, 2019. REUTERS/Siphiwe Sibeko/File Photo He replaces Ian Moir, who… Read More

"If The US Does That, It'll Lose Iraq Forever" – Trump Threatened To Cut Off Baghdad's Access To Its NY Fed Cash

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“If The US Does That, It’ll Lose Iraq Forever” – Trump Threatened To Cut Off Baghdad’s Access To Its NY Fed Cash After rejecting Iraqi Prime Minister Adel Abdul Mahdi’s request to begin talks on the withdrawal of American troops, there are now more signs of the eroding ties between the two countries. <!–[if IE 9]><![endif]–><!–[if… Read More

Market Bubbles: It's Not The Price, It's The Mentality

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Market Bubbles: It’s Not The Price, It’s The Mentality Authored by Lance Roberts via, “Actually, one of the dangers is that people could be throwing risk to the wind and this [market] could be a runaway. We sometimes call that a melt-up and produces prices too high and then if there’s a shock, you come… Read More