Capitalmind
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The US Tapers Another $10 Bn, Indicates Early 2015 As Rate Hike Season

The US has tapered once again. Janet Yellen announced yesterday that the US economy was back on track, or at least on the track of getting back. This will then ...

Goldman Sachs’ Nifty 7600 “Target” is Just a Load of Bull

Markets supposedly went up today because Goldman Sachs upgraded India and told the world that it expects a Nifty target of 7,600 for 2014. When you hear this, ...

Reads: Infy Warns, Sun Pharma Alerts, New Zealand Raises, Bull Market EndGame

In News: Infy says it might not make as much money as it thought. Revenues at lower end of guidance, clients aren’t spending. Stock down 8%. (SmartInvestor) ...

Reads: Synchronized Tightening, Buffett Letter, Marketing Amortization and more

Think before you buy with a credit card: The taxman will track individual spends. (SmartInvestor) Buffett’s annual letter to investors. A lot of stuff there ...

Russian Rates Up 1.5% After Putin Goes Into Ukraine

Russia has raised interest rates 1.5% after the state invaded Ukraine’s Crimea region, which is seen to be pro-Russian. This rate hike and the tension around ...

Mt. Gox Shuts Shop After Massive Theft, Worried BitCoin Industry Joins Hands

Once the world’s largest Bitcoin exchange, Mt. Gox, has shut down after a massive theft of BitCoin due to a technical glitch. Bloomberg says more than $390 ...

Innovative Gold Smugglers (Who Got Caught)

After the gold import restrictions and heavy import duty by India on gold, we’ve seen a massive increase in gold smuggling. Here are some innovative ways ...

The Absurd Situation in Greece: Mostly Second-Hand and Small Cars After Crazy Tax Laws

Greece has had multiple problems in the past, and has required a massive bailout from the EU which has bought its bonds in exchange for a program requiring ...

Reads: Hawala Premiums, Chinese Taper, Airtel Loses, Don’t Go To Jail

Hawala premiums for gold smuggling are up to 4%, says Business Standard. Bad Housing Starts data in the US? No, says Calculated Risk; it’s the cold weather ...

Whatsapp Bought by Facebook for $19 Billion

The famous messaging service, Whatsapp, has been acquired by facebook for: $4 Billion in cash $12 Billion in facebook shares $3 Billion to employees in stock ...