Author Archives: macromon

“Google’s distribution agreements are exclusive and have anticompetitive effects,” Judge Amit Mehta of U.S. District Court for the District of Columbia wrote in his nearly 300-page court ruling. Mehta cited Google’s exclusive distribution agreements with browser developers, smartphone makers, and … Continue reading →

QOTD:  Quote of the Day …writing is not just the output that readers consume but a process of reflection and intellectual discovery by the writer, hopefully to originate novel ideas, not just express existing ones.  – Economist

“The economy, stupid” is a phrase that was coined by Jim Carville in 1992. It is often quoted from a televised quip by Carville as “It’s the economy, stupid.” Carville was a strategist in Bill Clinton‘s successful 1992 U.S. presidential election against incumbent George H. W. … Continue reading →

The S&P500 closed today at a key support level, right on its upward trend line and just a few points under its 50-day moving average. The S&P is up 14.2 percent for the year. Critical support is 5390-5400, which, if … Continue reading →