Trust Digest 105 (July 20, 2015)

Google Is Showing The Way Amazon Must Go

After six straight quarters, Google finally beats earnings expectations. Austerity and more disciplined spending, the future of Google. Amazon will be forced to take similar steps as Wal-Mart attacks its core business.    

Key Words:  Disciplined spending, Similar, Wal-Mart, Investors, Projects, Revenue, Challenge    

Trust Issues: Alignment of Interest, Similarity, Adjustment, Power, Predictability


Barclays is reportedly planning to cut more than 30,000 jobs    

Barclays Plc plans to cut more than 30,000 jobs within two years after firing Chief Executive Antony Jenkins this month, The Times reported on Sunday.    

Key Words: Antony Jenkins, Under-performance, share price, 30,000 jobs    

Trust Issues: Conflict of Interest, Risk Tolerance, Adjustment, Capability, Situational Security     


Uber’s nightmare scenario: Here’s what a huge expensive pain it would be to turn thousands of drivers into employees   

Last month, the California Labor Commission made a ruling against Uber that could have big implications for the $50 billion ride-hailing company.    

Key Words:  $50 billion, California Labor Commission, Venture Capital, W-2 plan, Shyp, Startups    

Trust Issues: Similarities, Risk Tolerance, Alignment of Interest, Adjustment, Capability


Germany, Not Greece, Should Exit the Euro    

The latest round of wrangling between Greece and its European creditors has demonstrated yet again that countries with such disparate economies should never have entered a currency union. It would be better for all involved, though, if Germany rather than Greece were the first to exit.    

Key Words: European creditors, Debt, Deutsche mark, Italy, Portugal, $244 billion, Currency    

Trust Issues: Similarities, Alignment of Interest, Risk Tolerance, Situational Security, Power


Banks reopen, first repayments start as Greece aims for return to normal     

Greece reopened its banks and started the process of paying off billions of euros owed to international creditors on Monday in the first signs of a return to normal after a deal to agree a new package of bailout reforms.    

Key Words:  Return, bailout reform, withdrawals, normality, reopening, Tsipras    

Trust Issues: Risk Tolerance, Adjustment, Situational Security, Predictability, Alignment of Interest


Cuban flag raised over Washington embassy as ties restored    

The Cuban flag was raised over Havana’s embassy in Washington on Monday for the first time in 54 years as the United States and Cuba formally restored relations, opening a new chapter of engagement between the former Cold War foes.    

Key Words:  Restored relations, Cold War foes, Anti-castro Lawmakers, Obama, Ambassador    

Trust Issues: Power, Adjustment, Capability, Risk Tolerance, Alignment of Interest, Predictability


Why Wall Street traders are obsessed with Jesse Livermore    

This is the man who inspired "the trader's bible": Jesse Lauriston Livermore, the mold for Edwin Lefevre's "Reminiscences of a Stock Operator."    

Key Words:  Legendary trader, $100 million fortune, bankruptcy, Won, Challenge, Encouragement    

Trust Issues: Integrity, Benevolent Concern, Similarity, Capability, Adjustment, Risk Tolerance

Stability returns to Chinese markets?  

Chinese shares extended gains into a second session today, while Hong Kong shares headed for their first positive week in four, suggesting Beijing's barrage of support measures has put a floor under the markets.       

Key Words: Extended gains, 10.5%, Shanghai and Shenzhen benchmarks, Resumed, Support      

Trust Issues: Power, Risk Tolerance, Situational Security, Alignment of Interests, Similarities


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