It is the 15th of September 2019

News

"Global Economy Is Not Improving" - Anxious CEOs Blame Poor Data On Weak US Consumer

Each week the CEO of Avondale Asset Management, Scott Krisiloff, publishes some of his observations from commentary provided by public company executives during earnings calls.  Despite expectations for the usual rosy outlooks, Krisiloff notes that he was surprised to find that "comments from consumer facing businesses were somewhat troubling."

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'Pokemon Go' Bubble Bursts: Nintendo Tumbles As Indonesia Issues "National Security Threat"

Indonesian officials have warned that 'Pokemon Go' is a "national security threat," and military headquarters have banned personnel from playing the game while on duty, according to Jakarta Post. It appears the 'Pokemon Go' bubble is bursting, after surging 120% in 8 days, Nintendo is down over 12% today (as the bubble passes over to McDonalds Japan, which is up 12%, after reports of sponsoring 'Pokemon Go' in Japan).

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