Juggling Dynamite

As the market awaits another nonsensical, much hyped dispatch from the US central bank, it is always entertaining to watch Faber and and Stockman deliver some antidote to the ‘how do we play this?’ on-air personalities.

Gloom, Boom & Doom Report author, Marc Faber argues that central bank policy intervention and slowing commodities demand in China have contributed to a low-growth environment globally. He said that China’s economic influence has increased “dramatically,” with the world’s second-largest economy contributing to both boom and bust in natural resource–producing nations.  Here is a direct video link.

David Stockman did an energetic summary in this segment on the latest market conditions and the possibility for a recession. Here is a direct video link.

Danielle was a guest today with Kerry Lutz on The Financial Survival Network talking about recent trends in the world economy and markets.   You can listen to an audio clip of the segment here.

We were recently touring a university campus with our daughter and noticed a commemorative plaque outside the school of engineering honoring the visionary work of Nikola Tesla. In a testament of their own, Tesla car owners/fans are being inspired to make their own commercials.  Not many products have this effect.

This latest ad titled “Not A Dream” was directed by the Freise Brothers. It has interesting 1984-esque visuals and for the narration, they cleverly pulled direct quotes from Nikola Tesla, after whom the automaker is named, though they hired a voice actor for the actual recording.

The main part of the narration was pulled from a speech the physicist wrote about his Wardenclyffe tower project. Tesla hoped to turn the tower into a wireless power transmission system, but he was never able to finish the project. If you look closely enough, you’ll be able to catch a glimpse of the tower in the video. Here is a direct video link.