Apr 22, 2017 | Wealth Management
Earlier this week, Verizon Communications reported its Q1 2017 results that missed Wall Street estimates and said it lost subscribers who pay a monthly bill despite its launch of unlimited data plans. Already in the middle of a mega merger with Yahoo, the company...
Apr 8, 2017 | Investments, Wealth Management
In 2008, US cable subscribers had 129 channels to choose from, and they watched an average of 17 channels in a given week. Five years later, they had 189 channels, and were still watching only 17 channels. With cable bills at ~$125 per month, simple math says...
Mar 4, 2017 | Investments, Wealth Management
As the financial markets continue to roar with boundless optimism, a look back 30 years ago to a similar bull run paints a much more sobering view. 1987 had been a strong year for the stock market, as it continued the bull market that began in 1982. However, there...
Feb 19, 2017 | Investments, Wealth Management
Or Sears or KMart? It is widely known that Sears Holdings is closing 150 of its Kmart and Sears stores this year and Macy’s is shuttering 68 of 100 locations. JC Penney has closed 90 stores in the last four years and expects to close 300 more stores as it...
Feb 11, 2017 | Investments, Wealth Management
As the earnings season comes to end with most of the major US companies having reported Q4:16 results, a look at fourth quarter corporate profits reflects an increase of 4.6 percent, with 2017 forecasted to show earnings growth of 11.1 percent on a 5.8 percent...
Jan 31, 2017 | Investments, Wealth Management
The prevailing theory among economists is that uncertainty and the unknown will make consumers less confident about their prospects and more cautious with spending. This would mean that uncertainty should act as a drag on growth. But in the past six months, amidst an...
