mandag den 31. juli 2017

Mellon on the Markets: New “highs” for early investors

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DAILY BULLETIN
Monday 31 July 2017
Mellon on the Markets: New "highs" for early investors
by Jim Mellon | Equities | 16 mins. to read
Mellon on the markets
There are three of us Mellons currently trying to get books out ahead of each other: my father is finishing one on African Bangles; my brother in law is close to completing a magnus opus on the future of media; and I am pleased to say that, albeit delayed, Juvenescence is coming out on September 25th and is currently being formatted. Christmas presents in our family this year are a no-brainer, and will be circular. At least all three of us know we will have a few sales, if only to ourselves!

On the subject of Juvenescence, I am off to San Francisco with my old best friend Anthony Baillieu to meet my new best friend Aubrey de Grey (Google him!) and my dear colleague Greg Bailey. We are all spending the day at the Buck Institute of Aging – not to be rejuvenated ourselves, but to understand more of the amazing science that is coming out of this institution.

 
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How does a spendthrift state which consumes nearly 57 percent of its GDP change its ways? How does a regulated, highly unionised labour market become flexible? What can a modern economy do about an unemployment rate stuck stubbornly at over ten percent? And how do the French rate the Emperor Emmanuel's first ten weeks in power? The answers are obscured by the Macron miasma.
 
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EvilI have lost all credibility on this one

by Evil Diaries | Evil Diaries | 1 mins. to read
Pantheon (LON:PANR) have issued £10m new stock at 43p. This might change PANR's prospects – the directors clearly think so. I suspect that it is time to have some. The only question is as to just when. I paid 46p this morning since I guess the loose holders should not take long to clear. 
 
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QUOTE OF THE DAY

"It has been my experience that folks who have no vices have very few virtues."
                                             Abraham Lincoln
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