Donald Trump Is Irrelevant to Corporate America

 Posted by on 2017-09-09 at 17:46  business, donald trump, Economy, Politics, Reblog, trump  Comments Off on Donald Trump Is Irrelevant to Corporate America
Sep 092017
 

Donald Trump is now irrelevant to corporate America. That is the unequivocal message coming from some C.E.O.s, and the Wall Street bankers who work most closely with them.

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Will Trump Discover Why So Many Americans Were Left Behind?

 Posted by on 2016-11-16 at 01:34  business, donald trump, economic policy, economic theory, economics, Economy, election 2016, globalization, News, Politics, Reblog, trump  Comments Off on Will Trump Discover Why So Many Americans Were Left Behind?
Nov 162016
 

In the first part of this article, “The Five Whys Of The Trump Surprise,” I argued that the root cause of Donald Trump’s surprise win in the presidential election was economic: too many Americans – particularly white Americans in rural areas– have been left

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New York Tries to Kill Airbnb

 Posted by on 2016-10-30 at 16:14  economic policy, Economy, hospitality industry, new york, nyc, Politics, Reblog, regulation, travel  Comments Off on New York Tries to Kill Airbnb
Oct 302016
 

Uber and other companies in the sharing economy have had to spend millions fighting city and state regulators that try to stifle innovative services. Now New York has moved to crush the home-sharing service Airbnb in the city’s five boroughs.

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Wall Street Execs Allegedly Traded on Insider Info While the World Collapsed in 2008

 Posted by on 2016-09-29 at 01:38  banking, economics, Economy, finance, financial crisis, Politics, Reblog  Comments Off on Wall Street Execs Allegedly Traded on Insider Info While the World Collapsed in 2008
Sep 292016
 


The invaluable International Business Times, under the direction of David Sirota, has been doing god’s work on the circumstances of the economic crisis of 2008, even though most of the rest of the country’s political class—including, sadly, the president—has moved on.

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Why Costco is fading away

 Posted by on 2016-09-06 at 22:00  business, costco, Economy, Reblog  Comments Off on Why Costco is fading away
Sep 062016
 

Costco Wholesale (COST) faces bigger problems than a monthly revenue miss that sent shares down $6 , or 4%, after the numbers were reported on Sept. 1. The company said it had revenues of $8.65 billion in July, against $8.64 billion a year earlier and that 12-month trailing revenue of $107.

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UBS: We are witnessing the end of the credit cycle, and a crash is coming

 Posted by on 2016-08-30 at 10:37  economics, Economy, finance, investing, money, Reblog, recession  Comments Off on UBS: We are witnessing the end of the credit cycle, and a crash is coming
Aug 302016
 

UBS thinks the risk of a stock market crash is growing. The era of cheap debt and plentiful liquidity is slowly drawing to an end, according to a team of UBS analysts led by Paul Winter, making it harder to use credit to juice corporate profits.

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Negative interest rates are scaring people

 Posted by on 2016-06-17 at 09:38  economics, Economy, finance, money, Reblog  Comments Off on Negative interest rates are scaring people
Jun 172016
 


The European Central Bank has taken extraordinary steps to resuscitate the economy, but it’s gone too far, say two power players. In June of 2014, Europe’s Central Bank slashed interest rates into negative territory, a move that was called unconventional and experimental.

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