05-22-2017, 07:17 AM
Cramer found that some of the market's few winners are tied to Chinese infrastructure projects. Chinese excavator sales were up by triple digits in April, and U.S. construction giants Caterpillar and Cummins are seeing their orders rise. "All I can say is thank heavens for Communist China. We need a major infrastructure program, but our Republican-controlled Congress hates spending money, so our companies will just have to piggyback off the Chinese," Cramer said.
Cramer Remix: Why China may have just beaten Washington
On Wednesday morning, meanwhile, Tencent reported first quarter revenue of RMB49.6 billion (up 55%, equal to $7.2 billion) and net income of RMB14.5 billion (up 58% and equal to $2.1 billion), beating consensus estimates of RMB46.4 billion ($6.7 billion) and RMB13 billion ($1.9 billion), respectively. Shares rose 1.6% overnight in Hong Kong, and are now up 39% on the year. It should be noted that for both companies, dollar-based revenue and earnings growth isn't quite as strong as yuan-based growth due to forex swings. The dollar has gained about 6% on the yuan over the last 12 months. Alibaba's steadily-improving ability to monetize transactions on its massive Taobao and Tmall Chinese marketplaces via revenue streams such as ads, commissions and shipping fees remains a major growth driver.
Alibaba and Tencent Are China's FANG Stocks - TheStreet
IN 2015 Anne Case and Angus Deaton, economists from Princeton University, revealed that white, middle-aged Americans with limited education were dying in greater numbers, while people of other ethnic groups and in other countries were living longer. But it is not only Americans at the tail end of the baby boom who are dying too soon. Young adults in America die at far higher rates than in other developed countries. And, as with older Americans, progress against young mortality in America over the past two decades has been slow. In 1999, the death rate for those aged between 20 and 24 was 91 per 100,000. In 2015, the latest figures show, that had barely declined to 89 per 100,000.
American exceptionalism: Why too many Americans are dying young | The Economist
Coffee could have a big upside. A recent Stanford University School of Medicine study in Nature Medicine is the latest to perk up the worried coffee drinker. It reported that caffeine consumption counters the chronic inflammation responsible for more than 90% of many cardiovascular and other age-related diseases such as cancer, Alzheimer’s and other dementias. Put more simply, coffee can slow down a widespread cause of human aging. It’s been known that coffee drinkers live longer than abstainers, but it wasn’t altogether clear why.
Drinking coffee may help you live longer, research shows - MarketWatch
When it comes to living a long life, Italy is the place to be. The high-heeled boot surrounded by five seas is ranked the healthiest country on Earth in the Bloomberg Global Health Index of 163 countries. A baby born in Italy can expect to live to be an octogenarian. But 2,800 miles south in Sierra Leone, the average newborn will die by 52. While Italy is among the most developed countries, growth has stagnated for decades, almost 40 percent of its youngsters are out of jobs and it’s saddled with one of the world’s highest debt loads relative to the size of its economy. Yet Italians are in way better shape than Americans, Canadians and Brits, who all suffer from higher blood pressure and cholesterol and poorer mental health.
Italy is the world's healthiest country despite ongoing economic strife | The Independent