Oil Breaks Down: Should Stock Market Bulls Be Worried?
From CHRIS KIMBLE, technical market analyst:
Here we go again; two decades later, the same signal lights are flashing. The two charts above reflect the percentage of companies with negative earnings a year prior to IPO (via @JackPScott)
and U.S. Corporate Credit as a % of GDP (via @trevornoren).
When stock market equities deflate, household financing sentiments change.
...the stock market plays a significant role in influencing the growth and/or reduction in volatility and market risk.
Take a look at GM Cruise's employment opportunity page. At this posting date, GM is looking for:
Engineering - Autonomous Vehicle Hardware & Software +/- 90 positions
Ok... one would have to move to San Francisco and deal with its housing exclusivity not unlike Vancouver's, but there are few solutions to the income vs housing cost problem.
Don't bother getting a driver's license.
History, Charts & Curated Readings
"History, real solemn history, I cannot be interested in.... I read it a little as a duty; but it tells me nothing that does not either vex or weary me. The quarrels of popes and kings, with wars and pestilences in every page; the men all so good for nothing, and hardly any women at all - it is very tiresome." Jane Austen spoken by Catherine Morland in 'Northanger Abbey'
"Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement; and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it." George Santayana Vol. I, Reason in Common Sense