Grin And Bear It? Another 800 Point Drop In The Dow Means We Have Entered A Bear Market.
Inflation is out of control. Gas prices are through the roof. And now, investors on Wall Street are scared about what the Fed might do next. Add… Read more »
CategoryWall Street
Crash? No. Crushed? Yes… Over $7 Trillion Has Evaporated From The Stock Market In 2022.
If you have an investment portfolio, you probably have spent more time asking your financial advisor for an explanation of what happened this year than you have… Read more »
Down Stream! It Was A Rough Week For Netflix And CNN+ As Experts Try To Figure Out What’s Next.
Netflix proved this week that while it’s possible to survive one horrific earnings call if you string back to back disastrous quarterly reports together, Wall Street will… Read more »
“Red Is The New Black.” Wall Street Loses Its Love For Netflix After The Streamer’s Disastrous Earnings Call.
Netflix did something this week it hasn’t had to do in recent memory; share a whole lot of bad news on an earnings call. It was a… Read more »
Nice Digs. JPMorgan Chase Building Spectacular New Corporate Headquarters.
Business has been good for JPMorgan Chase. How good? They are building a new corporate headquarters at 270 Park Avenue. The skyscraper will rise 1,388 feet into… Read more »
Who’s Hiring? Wall Street, And Paying Interns Up To $16K Per Month!
It’s a perfect storm of opportunity for college graduates with finance degrees and the desire to work on Wall Street. A combination of high turnover and… Read more »
Grow Up! Morgan Stanley CEO Tells Workers To Ditch Their Jammies And Get Back To The Office If They Are Serious About Their Career.
The pandemic has led to a daily barrage of stories claiming the five-day work week is dead. Young workers love wearing sweats, sitting on Zoom calls all… Read more »
And Just Like That: “Mr. Big” Dies On A Peloton, The Stock Drops 80%, 2,800 Employees To Be Fired, And The CEO Quits.
I guess there is only so much damage a CEO can do to a company before there literally is no other choice but to give him his… Read more »
Bitcoin’s Freefall Continues. Value Has Dropped Almost 50% Since Peaking In November.
Around Thanksgiving, a lot of people were giving thanks for owning bitcoin. Visions of great wealth were dancing in the heads of bitcoin owners, as the crypto… Read more »
Another Thing Peloton Has Discovered They Are Not Good At? Sales Projections, Which Means Huge Job Cuts Could Be Coming.
Here’s the biggest mystery regarding Peloton and the exercise equipment company’s litany of problems; will there eventually be a documentary produced on the company’s collapse or just… Read more »
Get Rich Quick! Peloton Execs Sold Half A Billion Dollars Worth Of Their Stock Before Prices Crashed.
Is Peloton a clown show? Gosh, it sure seems like it sometimes. They had treadmill recalls. The character “Big” from Sex and the City died on a… Read more »
Green Is Good. BlackRock CEO Says The Next 1,000 Unicorns Won’t Be Search Engines Or Social Media Companies.
Larry Fink has clout. The CEO of the investment corporation BlackRock manages $10 trillion, so when he talks, people listen. And once a year, he sends out… Read more »
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Malcolm Gladwell Believes Working From Home Is A Terrible Trend. “Don’t You Want To Feel Part Of Something? “
What Is The Latest Brainchild Of California Politicians? Forcing Los Angeles Hotels With Vacant Rooms To Provide Them For Homeless.