Warren Buffett Admits He Made a Mistake on Google and Amazon

Even Midas couldn’t turn everything to gold. But Buffett is pretty damned good.

Warren Buffett says he should have figured out Google had a great ad business because he was a customer.

Source: Warren Buffett admits he made a mistake on Google, Amazon

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Yes, the Stock and Bond Markets Can Both Be Right

Signs of a tightening monetary supply…beware.

This dichotomy is fairly typical of a monetary tightening cycle and can exist until the Fed snuffs out the expansion.

Source: Yes, the Stock and Bond Markets Can Both Be Right – Bloomberg View

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Nearly 5 Million U.S. Jobs Depend on Mexico

Well, there goes the neighborhood!

Arguments that policies such as NAFTA have killed American manufacturing jobs often ignore the many other American jobs that such deals create and support.

Source: Nearly 5 Million U.S. Jobs Depend on Mexico – The Atlantic

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