Something is up with JP Morgan. I don't know exactly what; but, they are making major unusual moves. JP Morgan has announced they are getting out of the commodities market (aluminum) and is silently exiting other markets with little fanfare. One of the markets they are exiting is student loans. 80% of all student loans in America are held by the government; but, most of the rest are owned by JP Morgan and they plan on not making any more. Yahoo - Reuters - JPMorgan to stop making student loans: company memo. Remember this, JP Morgan knows more about what is coming than you or I.
Bloomberg - American Homes 4 Rent to Let Investors Share in Values. As an ex-investment trader said, the moment the big guys let the little guys participate, the bubble is about to burst. This is a bad investment. Housing prices have not hit bottom yet, renting will become bigger; but, the payoff takes years.
Activist Post - New Device Uses Your Heartbeat As An Electronic Key. I found this article interesting in that it shows another body monitor being used to access all of your electronics.
Mirror - Mystery hum? Listen to spooky sound that baffled scientists for 40 years after new claims it is now recorded on camera
. We have all heard about how for the past three or four years these mystery hums and trumpets have been heard around the world. In and of itself, it is interesting; but, my favorite part is always the answers. The mayor of this town claimed it was a guy using a snow plow, lol. For those who like science, she should have to replicate it because people who live there and have snow plows all their lives are not buying it. Politicians are narcissists and their number one priority in an emergency is to re-establish the belief by the masses that the politicians are in control of the situation.
Fox News - Wall Street Journal - Citing costs, IBM to move retirees off health plan. Those communists at IBM, putting all their retirees into Obamacare. Notice how they didn't call it Obamacare in the title? I find it fascinating that Fox has been saying how Obamacare was going to cost everyone more; but, when IBM puts retirees on it, it is cheaper than existing plans and according to IBM, will give them even more and better services. Now, I am going out on a limb here; but, I am going to guess that IBM may have used some computers to figure out what was going to be cheaper.
Wired - Nissan Hops on the Wearable Bandwagon With Biometric Smartwatch. A car that monitors your health while you drive. I wonder if you have a heart attack if it will switch the car off. I had one of those, no, not the watch, the heart attack and I was in the middle of the desert. I managed to drive to a populated area a mile or two away and park. I doubt very much I could have walked the mile.
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