Lessthunk: Facebook continues to eat publishers.
It was not even a month ago when we last looked at the total amount of negative yielding debt around the globe, and were shocked to find that according to Fitch, for the first time in history (obviously), there was over $10 trillion in negative yielding debt. Fast forward 4 weeks later, and the grand total is now $1.3 trillion higher, or $11.7 trillion.
LessThunk: gold shines
With stocks surging along with gold and silver and the dollar falling, this is the terrifying read of the day.
Investors need to be paying attention to the move in gold and the US dollar, Raoul Pal and Grant Williams, cofounders of Real Vision Television, both said.
After dismantling its far-flung finance operation, General Electric gets out of the systemically important institutions club.
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