Stock Market Sell-Off Likely to Continue The S&P 500 is down about 18% year to date. Are we at the bottom of this market correction? Unfortunately the signs are pointing to no. Every week we seem to get more bad news. Just today Snapchat who reported earnings only a month ago says they will be missing projected financial… Read More »
How to handle market volatility When the dot com bubble popped in the early 2000s, a lot of investors dumped their Amazon stock. The share price plunged 95% from its high. 🙁 Stock prices fluctuate a lot in the short term, but over the long run they ultimately reflect the intrinsic value of the underlying company. And that… Read More »
A recent poll from Harvard University points out that 51% of young adults between 18 and 29 years of age do not support capitalism. 🙁 Only 42% said they support it. Of course the results of these kinds of surveys are not easy to interpret. Capitalism doesn’t have the same meaning for everyone. One explanation for the outcome… Read More »
The Largest Name in Retail Continues to Grow Amazon.com (AMZN) recently announced it’s taking over the trendy supermarket chain, Whole Foods. At the beginning of this year I wrote an article which included a prediction that this would happen. Maybe Amazon’s CEO Jeff Bezos got the idea from reading my blog. 🙂 Whole Foods sells healthy, organic products.… Read More »
Advantage of Long Term Thinking There’s an advantage in the business world for thinking long term. If a company only makes short term goals then it will be forced to compete with many other businesses in the same industry. It doesn’t take a lot of foresight or planning to run a company for 1 or 2 years, so that’s what… Read More »
Oil Producers Languish as Airlines Fly High ✈️ Oil executives sometimes use crude language, especially to describe their disappointment of low oil prices. With the WTI price at around $48 a barrel it’s very difficult for North American oil producers to make a profit. ⛽ The 50% decline in crude price over the last year forced Husky Energy (HSE) to… Read More »