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See original article: Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings
Via translation from El Pais, Members of European Parliament Accuse Troika of Aggravating Unemployment and Poverty in Rescued Countries "They could have acted as surgeons, cutting superfluous. Instead they acted like butchers with an ax," says MEP Alejandro Cercas in reference to the policies that the European Commission, the European Central Bank (ECB) and International Monetary Fund (IMF), the troika, that have been implemented in Greece, Ireland, Portugal and Cyprus, the four Eurozone countries that were forced to request a bailout. The report before the Committee on Employment and Social Affairs of the European Parliament adopted on Thursday morning does not use such harsh words, but blames the three agencies-known as the troika for policies that have contributed to the deterioration of the welfare levels in the four countries
ECB Seriously Considering Negative Interest Rates; New Central Bank Mottos Posted by Michael Shedlock at 3:48 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).
Amazon: AMZN : The PE of Amazon is 592, Valuation is $160 Billion Linked In: LNKD : PE of Linked In is 837, Valuation is $23 Billion Facebook : FB: Facebook PE is 106, Valuation is $165 Billion Priceline : PCLN : PE of Priceline is 36, Valuation is $64 Billion Hertz : HTZ: PE of Hertz is 37, Valuation is $12 Billion Starbucks : SBUX : PE of Starbucks is 483, Valuation is $57 Billion Boston Beer (Samuel Adams) : SAM : PE of Boston Beer is 43, Valuation is $3 Billion I could go on and on but I won’t. At current earnings, investors in Amazon will have to wait 592 years for a positive return on earnings. More realistically, they would have to wait forever because Amazon does not pay a dividend.
Facebook Fraud – How Much of Facebook’s Ad Revenue is Legitimate? Ad revenue in the online world is based on clicks and impressions
Goldman Sachs CEO says China Growth to Have ‘Huge Consequences’ Globally Goldman Sachs Group Inc.
Excerpt from: Shop on Amazon by Taking Pictures of Items with New "Flow" App: Big Deal or Not?
Via translation from Les Echos : An unprecedented month-long strike is the motto launched today by SNPL, the main union of French airline pilots. SNPL calls for a national strike on May 3 to 30. The union gave a final warning to the government regarding several subjects of discontent, but the main target is the Diard law limiting the right to strike by cabin crew
Read the article: Paper Tiger: German Constitutional Court Bows Before Draghi as Higher Judge and Jury
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