Tag: Economy
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Stocks just had an awesome November. But 2024 could see an even bigger rally, driven by declining inflation and the return of retail. The Year-End Melt-Up The end of the year often sees a stock rally. This fall has been no exception. The S&P 500 jumped 8.9% last month, the…
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“America has the best hand ever dealt of any country on this planet today ever, okay. And Americans don’t fully appreciate what I’m about to say. We have peaceful, wonderful neighbors in Canada and Mexico. We’ve got the biggest military barriers ever built, called the Atlantic and the Pacific. We…
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“Do we have huge problems? Yes. Is this the first time we’ve had huge problems? Hell no. Is there the prospect that we can solve those problems? Yes!” Larry Summers That’s Larry Summers at the All-In Summit last week. The former Treasury secretary gave a sweeping overview of America’s current…
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As China’s economy reels, youth unemployment has hit 21% — on par with Italy. A Dollar An Hour – With a College Degree From a Financial Times report: Job opportunities scream from posters at an employment fair in central China’s Zhengzhou. “Join us for the future!” urges one advertising positions…
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The Chinese social contract is simple: give us a good economy, and we’ll stay out of politics. The problem is, that contract is breaking down. The Chinese economy has 3 pillars. Today, all 3 are under extreme stress. The 3 Pillars Meanwhile, the US, China’s biggest trading partner by far,…
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I looked at the small pile of groceries on the conveyor belt. “How on earth is this $75?” A lot of us are feeling that way today as prices go through the roof. And I’m one of the lucky ones — for me it’s just an annoyance. But for many…
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When I was a kid, there were no yoga teachers. Heck, no one ever even heard of yoga in our town. Today, that little town in Wisconsin has 7 yoga studios. Oshkosh went from 0 yoga teachers in the 90’s to perhaps dozens today. We also added pilates instructors, meditation…
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+ AI, Artificial Intelligence, Economy, Finance, Investing, Money, Startups, Tech, Venture Capital, Wisconsin+
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When a startup is struggling, what’s the duty of investors? This question is front and center as Sequoia has walked away from controversial startup Citizen, cutting it off from funding and resigning from the board. From a report out this weekend in the Financial Times: Sequoia Capital has resigned from…
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+ Economy, Entrepreneur, Finance, Investing, Money, Silicon Valley, Startups, Tech, VC, Venture Capital+
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It’s no secret that tech stocks have gotten kicked in the face in the last 6 months. The NASDAQ index of tech stocks is down 26% since November: I’m convinced that public tech stocks are oversold right now. That’s been my gut feeling for at least a month, but today…
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Never miss a post…subscribe! You don’t need me to tell you that oil and gas prices are through the roof these days. Gas stations are changing numbers faster than slot machines. And the explosion in prices is sowing fear in the stock market. But I think this huge spike in…
Tremendous 