Sep 23, 2019 | Investments
MoviePass, a company that started a too-good to be true service in 2017, of offering consumers a movie a day at theaters for $9.99 a month, has finally closed doors. They simply ran out of money subsidizing all those customers who took full advantage. Unfortunately,...
Sep 15, 2019 | Investments
The inverted yield curve, a key predictor for financial downturns, has appeared in recent months several times. Yet U.S. stock markets are still near their all-time high while U.S. retail sales appear upbeat. Paying attention to the yield curve inversion that has...
Sep 8, 2019 | Investments
Traditionally, independence meant freedom. And freedom meant prosperity and economic growth. In the case of Zimbabwe, it went the other way. Robert Mugabe, who died this week was the mastermind, who liberated and destroyed the country. In 1980, Mr. Mugabe took power...
Sep 1, 2019 | Investments
Traditionally, business investment used to rise when US companies took on more debt and companies took on more debt when the interest rates were cut, making it cheaper to borrow money and deliver a boost to the economy. That was the prevailing theory until the one...
Aug 11, 2019 | Investments
There were two mass shootings within 24 hours in America this week. Firearms stocks spiked. U.S. stocks plunged the most this year as China responded to Trump’s latest tariff threats. The yield curve blared its loudest U.S. recession warning since 2007. Bitcoin, an...
Aug 4, 2019 | Investments
The value of U.S. wine exports to China dropped by 25% in 2018, when the first retaliatory tariffs hit. California, which accounts for more than 90% of America’s wine sales to other countries, has borne the brunt of the decline. China’s latest round of retaliatory...
