Technological Unemployment Makes the Jobs Apocalypse Worse

The jobs apocalypse is about to get far worse because the machines have figured out how to learn. We had better get ready because AIs like Libratus will soon destroy hundreds of not thousands of highly paying jobs.

Read more

Can the Monster Banks Survive the Age of Trump?

A major problem is that revenues at JPMorgan and Bank of America are well below their historic highs. JPMorgan reported revenues of $99.13 billion back in June 2013; Citi reported revenues of $77.40 billion as recently as September 2014, and BOA’s revenues hit a high of $97.59 billion in June 2012.

Read more

Is MasterCard Unstoppable?

Nor was it just cash that was growing at MasterCard. The number of Americans that used a MasterCard grew by 550,000 between Fall 2015 and Spring 2016, Statista data indicates. Around 92.16 million people in the United States swiped a MasterCard in Fall 2015. That number grew to 92.71 million a few months later in Spring 2016.

Read more

What can Uber Tell us about Airbnb’s Future?

The long term future of the app-based gig economy looks bright; even if the future for the Uber and Airbnb brands is murky. Investors would be well advised to stay on the sidelines until the business model is proven.

Read more

Is Bitcoin a Value Investment?

So yes folks; bitcoin has a lot of potential value. It might not be a classic value investment, but this cryptocurrency certainly has a lot of potential.

Read more

Some Earnings Reports I’m Looking Forward To

These are the earnings reports to watch because they will show us what to expect from the entire sector. Massive growth in Amazon’s revenues will indicate that the pain and disruption in brick and mortar retail is far from. Continued revenue growth at PayPal and Facebook will demonstrate that fintech and social media can still pay off.

Read more

Why are Walgreen and Rite Aid’s Revenues Dropping?

Rite Aid reported revenues of $32.64 billion in August 2016 that fell slightly to $32.57 billion in November 2016, Ycharts data indicated. During the same period in 2015, Rite Aid’s revenues grew by $1.46 billion; rising from $27.85 billion in August 2015 to $29.31 billion in November 2015.

Read more

Is Funeral Insurance A Good Investment Option?

In the same way, you can’t go for an insurance plan that you find is too much for you to manage. You spend more on expensive policies which may not benefit your family at all. The flexibility to fit it in your budget is one of the great benefits offered by funeral insurance plans.

Read more

Goldman Sachs Proves Wall Street is Not Dead Yet

A glance at Goldman Sachs’ financial numbers shows us that Wall Street and investment banking are still tremendous money making machines.

Read more

Are Increased Traffic Fatalities Hurting Auto Insurers?

All this seems to point to a deeply-flawed business model. Auto insurers are generating more revenue but making less mo

Read more