Abet Chichi2

[Tuff-Stuff]

A Few Headlines: DISNEY drops NETFLIX Deal

https://www.bloomberg.com/news/articles/2017-08-09/disney-s-iger-sees-a-future-without-netflix-comcast-or-directv

In London trade, less than 10 stocks moved higher. Gold producers Randgold Resources Ltd. RRS, +2.16% and Fresnillo PLC FRES, +2.72% gained 1.9% and 2%, respectively, as gold prices GCZ7, +0.94% leapt nearly 1% to $1,273.30 an ounce

Obama treasury secretary: Financial risks 'substantial'
Jack Lew, former US treasury secretary and an adviser to President Barack Obama during the financial crisis in 2008, has told the BBC the world remains at risk from financial threats.
http://www.bbc.com/news/business-40873478

Monsanto Was Its Own Ghostwriter for Some Safety Reviews
Academic papers vindicating its Roundup herbicide were written with the help of its employees.
https://www.bloomberg.com//news/articles/2017-08-09/monsanto-was-its-own-ghostwriter-for-some-safety-reviews

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If this red flag is any indication, a 1929-style market crash isn’t so ‘unimaginable’

Published: Aug 8, 2017 2:05 p.m. ET

"Much has been made lately about how the CAPE ratio — a popular valuation measure applied to the S&P 500 SPX, -0.24% — has ballooned to levels not seen since the dot-com bubble, and before that, all the way back to 1929.

CAPE stands for cyclically adjusted price-to-earnings. It’s also known as the Shiller P/E ratio, named for the Yale professor who created it. While the metric has its share of critics, it’s still considered a standard measurement of market valuation.

Aside from where it stands today, it’s safe to say that only twice before have we seen the CAPE ratio top 30. Both times, the bottom fell out of the market, as you can seen from this chart posted by Michael Batnick of the Irrelevant Investor blog:"

http://www.marketwatch.com/story/if-this-red-flag-is-any-indication-a-1929-style-market-crash-isnt-so-unimaginable-2017-08-08