Jul 18, 2019 | Investments
With the markets hitting new highs, investors and funds are no longer content with getting >15% return YTD. One would have given his left arm to get that kind of return just a decade ago but to quote Bob Dylan – “The times, they are a changing”....
Jul 7, 2019 | Investments
Starting this week, New Yorkers can take a chopper from downtown to JFK airport for $200 and avoid the grid locked roads on their way to the airport. If their foray in New York succeeds, Uber hopes to expand this service to other cities. Flights can be booked...
Jun 30, 2019 | Investments
Earlier this week, Apple’s design chief Jony Ive quit Apple to start his own business. Ive, who has been at the helm of the design team since 1996, had helped design the iPhone, iPod, iPad and Macbook. In particular, the iPhone has driven Apple’s sales and profit for...
Jun 9, 2019 | Investments
Earlier this week, with the deadline looming with Mexico of next Monday, the U.S. job growth came out showing that nonfarm payroll increase in May missed expectations by a wide margin [75,000 vs 180,000]. The markets which usually would have taken a leg down on this...
Jun 2, 2019 | Investments
Have you been enjoying our never-ending trade war with China? Well, you now get a 2 for 1 deal. There is a trade war with Mexico as well. The markets didn’t take this kindly and neither did the Mexican President, but, that’s another matter. Ray Dalio, CEO of...
May 19, 2019 | Investments
The opioid crisis which was largely created by large pharma companies to begin with, has now wound itself from distributors like Rochester Drug Cooperative to small pharma companies like Purdue Pharma to finally hit the big guns – Johnson & Johnson, Teva...
