As the world communicates, transacts, and absorbs everything through devices, control of this interface has consolidated that access into the hands of very few firms. Read the article in The New York Times
This article lays out how the makeup industry has proven resilient and capitalized on social media as a driving force for expanded revenues. Not just overall sales, but makeup store retailers benefit too. Read the full article in The New York Times
Kari was recently featured in Barron’s to offer an explanation for Aureus’ outperformance versus the S&P 500. During the interview, she gives us her thoughts on where the market may be headed next year, what might cause the next correction, and some reasons for holding some of our favorite stocks. Download her Barron’s interview here…
This is something we’ve talked about often – the high percent of income Americans spend on housing and the percent dropped slightly in the last reading. They measure the percent of the renting population spending over 30% of their income on rent – it was 49% but just fell to 48% in the last reading….
We keep adding jobs and the unemployment rate is extremely low. So why don’t overall wages rise more that 2-2.5% year over a year? Holding constant the retirement of high paid baby boomers and millennials entering the work force at starting salaries, we should still normally see more wage growth and tightness in the labor…
This video and description was originally posted by CNBC. Watch the video on CNBC.com The “Fast Money Halftime Report” traders discuss mixed upgrades and downgrades for Chipotle after news of a restaurant closing for the day after a norovirus outbreak.
This video and description was originally posted by CNBC. Watch the video on CNBC.com The “Fast Money Halftime Report” traders discuss their picks for the biotech sector as Vertex leads.
The US government again helps Amazon by limiting whomever might be able to be a real competitor. As long as prices fall, the US doesn’t seem to care about anti-trust issues. Read the full article in The New York Times
The cost of convenience and lower pricing to shop will be an incredible loss of jobs and potential obliteration of local communities and towns. We haven’t figured out how to replace that loss. Read the full story in The New York Times