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. […]
It’s hard to get nostalgic about the 1970s. We remember what we wore, how we had our hair done up and the stupor-inducing sitcoms we considered appointment TV. And we also remember the way the economy was going. The 1970s’ economy wasn’t bad per se, but it was a disappointment – a ‘’bummer” if you […]
There sure have been a lot of big-name initial public offerings (IPOs) so far this year, and a lot more in the pipeline. Already we’ve seen Zoom, Slack, Beyond Meat, Chewy, Fiverr, Pinterest, Uber, and Lyft. Still on deck are AirBNB, Postmates, Robinhood, and WeWork parent The We Company. Traditionally, retail investors have been unable […]
It’s hard to gauge the point at which you’ve entered a recession – two consecutive quarters of negative economic growth. It’s much easier, though, to figure out when you’ve hit a bear market because a bear market occurs when the stock market, usually defined as the S&P 500 index, falls 20% from its peak. It’s […]
In normal times, investment advisors often tell you to diversify your portfolio into three broad categories: equities, fixed income, and cash equivalents. What proportion you put into each bucket is a judgment call, as is the frequency with which you rebalance your portfolio. And of course, the art lies in picking the right vehicles within […]
The sad truth about recessions is that you could already be in one and not know it. The most commonly agreed-upon definition of a recession is two consecutive readings of negative growth of a country’s gross domestic product. Considering that these readings are conducted quarterly, the economy could have been contracting for quite a while […]
The good news – and there’s plenty of it – is that the economy is doing very well. The U.S. economy just notched its 121st consecutive month of expansion. That is, it has been more than a decade since America experienced two consecutive quarters of negative gross domestic product (GDP), which is what defines a […]
The United Kingdom is leaving the European Union! Implications for global trade could be disastrous! Implications for the global financial industry could be even worse! The British government is in disarray! People are panicking! But should they? To say the U.K. has weathered worse would be so trite an understatement that even the British – […]
In 2015, IBM signaled that 90% of all the data in the world had been created in the previous two years. While there aren’t stats for what that figure is today, surely it’s higher. At last read, one minute is all it takes for the digital world to produce 3.8 million Google searches, 448,800 tweets, […]
A November 28 headline in the New York Times gushed, “Two Words From Fed Chairman Jerome Powell Sent Markets Soaring”. Jay Powell – who likes being called Jerome about as much as Jerome Seinfeld does – noted, according to the Times, “the Fed’s benchmark interest rate was ‘just below’ the neutral level, meaning the central […]