Do you like streaming music for free or a small monthly fee? The world seems to, so check out Pandora Media (P). This past week insiders started buying heavily. What’s up?
The market is up, the VIX is down, gold is down, the US dollar is up, and oil is gasping for air. Is OPEC dying?
– Mohammed bin Salman, who oversees Saudi oil policies, has signaled that the world is moving to a new era where supply and demand rather than OPEC will determine prices.
The US consumer is not dying … ah, spring rejuvenates.
– U.S. wholesale inventories barely rose in March as sales recorded their largest increase in nearly a year, suggesting little impact on the first-quarter economic growth estimate.
“It is the economy, stupid.” Who cares about 1st quarter GDP? Move on already. Look forward to make money.
– U.S. job openings increased in March and employers appeared to have trouble filling openings, indicating the labor market remains fairly robust despite April’s slowdown in employment gains.
Like I said, move on already. Speaking of moving on, college graduates are now, finally, moving into a healthy jobs market rather than into their parents’ home.
– Job openings for college graduates have been running at nearly record highs, with roughly 5.4 million vacancies.
Dark money in politics? That would be corporate money secreted out to candidates through shills and investors don’t know how much, to whom, and what the money supports. Finally, the SEC is offers light.
– By mandating disclosure, the SEC rule would allow investors to serve as a potential check on risky political donations, and help investors determine whether a company’s political spending habits make its shares a good investment in the first place.
Not bad for a Tuesday, right?
