Retail Jobs Apocalypse is worse than you think

It looks as if the havoc being wreaked by the retail apocalypse is worse than we thought. This study also gives us a rough picture of the future of retail employment and it is not pretty.

There will be fewer jobs in fewer places in the future but they will pay more. That means more competition for fewer jobs between employees and communities.

Read more

Big Earnings Week Amazon, P&G, Alphabet and Facebook Reporting

What’s even more frightening is that one bad earnings report from either Amazon or Google might trigger a market crash. Those companies are simply that huge and important to investors; that alone should have us asking if those behemoths are now too “big to fail.”

Read more

Data shows why Americans’ Retirement Accounts will be subjected to Confiscatory Taxes

Income inequality will lead to deep political divisions among senior citizens that will profoundly change voting patterns. These divisions will unfold along racial, regional and class lines and bring about a paradigm shift to the left in American politics.

A result of that will be high confiscatory taxes directed at affluent seniors and their retirement accounts. Expect to see many wealthy older people flee the United States to escape those taxes in the decades ahead.

Read more

Goldman Sachs is making a Lot of Money

Yet it shows us that the anti-bank political climate in Washington might be good for Wall Street’s biggest investment bank. A great stock, Goldman Sachs might get better because of the new status quo in the nation’s capitol.

Read more

Has Kansas City Southern Turned Around?

The railroad is definitely overpriced at the $89.5 a share it was trading at on April 28, 2017. There’s nothing in the earnings report to justify that number.

Read more

Collapse of U.S. Real Estate Prices Predicted

The price drops in North Central Colorado will be nothing compared to the carnage in some other areas of the country. The Scout Vision Top 5 for 5 Quarter Report predicted that some homes will lose 68.5% of their value by first quarter 2022.

Read more

Several Really Scary Economic Trends in the United States

Disturbingly some of these developments indicate that we might soon face a drop off in economic activity rivaling that of the Great Depression.

Read more

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