09-05-2017, 01:36 PM
Speaking at Société Générale's annual global strategy presentation, entitled Are investors in denial or do fiscal fireworks mark yet another 'new era'?, Edwards told investors a recession is highly likely this year due to large corporate debt loads in the US. Furthermore, the strategist, who is known for his bearish views, said the economic decline could be just as bad as that witnessed during the 2008 financial crisis... He added: "I personally expect the S&P to fall to a new low. The Federal Reserve is also likely to tighten much more than the market expects because of rapid wage inflation and we could have a very traditional end of cycle." Edwards said the real risk for investors is the Fed tightening interest rates, adding now is the "wrong time for major fiscal stimulus".
SocGen's Albert Edwards: Turmoil this year could be as bad as 2008 financial crisis
The NASDAQ recorded its best week of the year despite what most observers would deem as worrisome geo-political developments, a less-than-stellar US jobs report, and a devastating hurricane that, in addition to tragically claiming many victims, wiped out significant physical wealth.
El-Erian: Why the stock market had such strong week
Another option is to buy the Global X Lithium and Battery Tech ETF LIT, +1.36% Some 6.8% of the ETF’s assets are in Tesla stock. Global X Lithium and Battery Tech not only provides diversification, but it gives exposure to stocks that don’t trade in the United States. However, this ETF has often lagged behind in performance compared with individual stock picking.
Tesla stock too expensive? Try these alternatives - MarketWatch
The X-Spect is a portable device that detects fabric composition, scans stains and figures out what your food is composed of. As pictured above, it looks a lot like a TV remote, and it features a tiny screen and capacitive touch buttons that let you browse through menus. Right now Bosch is demoing the X-Spect, which weighs a mere 200 grams (less than half a pound) alongside one of its WiFi washers to deliver "optimal" cycle recommendations.
Bosch's stain scanner knows what you spilled on your shirt last night
Pricing has come down and technology has matured to the point that you’ve finally convinced your significant other to let you buy that shiny new 4K TV you’ve been lusting over for months. Admittedly, it looks great as the centerpiece in your living room or man cave. You’re the envy of all your friends and family… everyone except Sharp, who insists the set is yesterday’s news. It’s a conclusion that you’ll also likely reach after having a look at their latest offering. The 70-inch Sharp Aquos 8K TV boasts a resolution of 7,680 x 4,320 pixels which is 16 times the resolution afforded by a standard Full HD set.
Sharp announces 70-inch 8K TV, thoroughly outdating your new 4K set - TechSpot