The Yankees are coming! The Yankees are coming! Which regions are seeing the most U.S. domestic migration? Many of us might assume it’s the Northeast, where there’s essentially a megalopolis stretching from Boston to Washington. But no. Maybe the West, considering California’s outsized population? Not that either. The South, with 38.3% of the nation is, […]
Just when we thought we had our heads around cryptocurrency, the geniuses who cooked it up came out with some new twists. You don’t need to go anywhere near Bitcoin or Ethereum or Ripple to speculate about blockchains. There’s a whole host of other digital assets you can now make or lose a fortune on. […]
The federal government spent $4.8 trillion in 2019. That’s $150,880 per second, but it gets worse. In the plague year of 2020, it spent $6.8 trillion, which comes to … oh, who cares? It’s a lot and it’s bound to be even higher this year, especially with at least another round or two of pandemic […]
Donald Trump won the White House by the narrowest of margins, and it looks like he lost it the same way. Meantime, the Republicans apparently kept control of the Senate and even eroded the Democrats’ majority in the House of Representatives. Election market response Wall Street apparently got everything it most wanted. The most important thing on Wall Street’s wish list is that it is over. No […]
What happens when there is a weak dollar? It means our trading partners can buy more of our products, so it’ll improve our balance of trade. Sure, it leads to some measure of inflation because imports will be more expensive, but that will encourage us to buy more American products. What’s so bad about that? […]
We’ve discussed how much debt is floating around out there. America’s bar tab was around $54 trillion; half of that was money owed by the federal government, and a quarter of it was credit cards, auto loans, mortgages, and other instances of consumer debt. While a smidge of the rest of it consisted of the […]
The current U.S. debt is piling up. That’s for sure. If the headlines are to be believed, we’re all going broke except for the bill collectors and bankruptcy lawyers. We do indeed live in a more indebted world than we ever have before; if you add up the different lines in the chart below, you’ll […]
Ever notice how many business terms come from aviation? “The 30,000-foot view.” “Headwind.” “Golden parachute.” But there is one troubling term being bandied about now: bailout. When you hear it related to the airline industry, rest assured it’s in the nautical sense of the word. Passenger airlines are set to receive $25 billion in grants […]
With the spread of Covid-19 dominating the headlines, health is understandably on people’s minds. So, we’ve decided to make this a wellness-themed newsletter. We recently gave an overview of the streaming media industry. Now we’ll examine another industry that seems to have popped up seemingly overnight: exercise equipment. Sure, there were always weight machines, and […]
Technology is changing. And, while many of us still own shoes older than our first Web browser, the act of reading text on a computer is outmoded as a platform for communication, according to many (i.e., our kids). And if you still own a landline phone and a cable TV box, well bless your heart. […]
