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CAUTION: Recession panic is back in full force
Google searches for it have shot up in a straight line Source: Bravos Research @bravosresearch
Berkshire Hathaway increased its holdings in 5 Japanese trading houses, filings to Japan’s Finance Ministry show.
Mitsui & Co. stake rises to 9.82% from 8.09% Mitsubishi Corp. rises to 9.67% from 8.31% Sumitomo Corp. rises to 9.29% from 8.23% Itochu rises to 8.53% from 7.47% Marubeni rises to 9.30% from 8.30% source : bloomberg
Corporate Insiders are dumping shares at the fastest pace in AT LEAST the last 2 decades.
Source: Barchart, FT
Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40.
That reflects a significant upswing from just over 18 months ago, when Ferrari’s chief said the figure stood at 30%. The Maranello, Italy-based manufacturer is well known for keeping a tight rein on the production of its cars, seeking to maintain the brand’s promise of exclusivity. Indeed, as of last year, nearly three-quarters of all Ferraris were sold to existing customers. Famously, founder Enzo Ferrari once said that the company would “always deliver one less car than the market demands.” Source: CNBC
Here is a great theory on Trump’s plan originally proposed by @leadlagreport:
Source: Steve Burns @SJosephBurns
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