It is the 20th of August 2017

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Wall Street Analysts Respond To Mueller's Grand Jury Subpoena

Despite constantly being told the market's rally has nothing to do with President Trump (as he claims ownership), stocks, bond yields, and the dollar all stumbled notably when two unnamed sources familiar with the matter reportedly said Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate allegations of Russia’s interference in the 2016 elections.

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Netflix Is Spending Twice As Much As Amazon On Content

When it comes to Netflix and its stratospheric (forward) valuation, the thesis is simple: the company is (so far) the undisputed leader in the arena of internet streaming. As the LA Times summarizes, the global streaming giant today boasts impressive stats: 104 million subscribers worldwide, up 25% from last year and almost quadruple from five years ago. Its series and movies account for more than a third of all prime-time download Internet traffic in North America. Its more than 50 original shows garnered 91 Emmy Award nominations this year, second only to premium cable service HBO.

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