Ominously, Powell admits he sees storm clouds on the horizon in the form of “weak global growth and trade tensions.” However, Powell and President Donald J. Trump’s (R-New York) real worry could be a sluggish real estate market.Read more
This could give Ford an advantage because it has street cred in Middle America; and middle Canada, unlike Tesla Motors (NASDAQ: TSLA) and the startup Rivian. Importantly, Ford demonstrates it has a working electric pickup, while Tesla’s “cyberpunk pickup” is still on the drawing board.Read more
Moreover, Netflix still had 60.1 million US subscribers and 6.56 million free trial customers in America. Consequently, Netflix is still America’s largest TV network. In contrast, America’s most popular broadcast television network CBS (NYSE: CBS) had 2.98 million viewers on 18 July 2019, Deadline estimates.Read more
Musk is betting that he can drive sales and profitability with a new chip that will give Tesla vehicles a full-self-driving (FSD) capabilityRead more
Meanwhile, WWE is burning cash at an alarming rate. The promotion reported a negative free cash flow -$10.08 million, a financing cash flow of $-11.57 million, and an investing cash flow of -$9.87.Read more
Consequently, America has fewer smaller businesses and more people. This leads to economic stagnation and decline; because small businesses employ 47.5% of America’s workforce, the Small Business Administration estimates.
Moreover, the lack of small businesses keeps wages low because there are fewer businesses competing for Americans’ labor. In fact, the Brookings Institute estimates the lifetime incomes of American men who entered the US labor force in 1983 are one fifth lower than those who started work in 1967.
In fact, the average Lyft driver earns between $364 and $377 a month, Business of Apps estimates. Thus like Lyft stockholders. Lyft drivers are probably losing money on their investment.Read more
Moreover, flipping could increase Zillow’s operating expenses beyond what it can afford. To explain, Zillow will have to pay the property taxes on all those homes and pay to maintain them if they do not sell. In addition, Zillow could have the expense of renting out all the homes it cannot unload.Read more
“Let me be very clear there is not a financial crisis,” Eisman clarifies. “In a recession people will lose money, and I think where they will lose money will be in the bond markets because there’s some much liquidity it’s harder to clear pricing.”Read more
I believe consumer brands are moving ads to Amazon because the Everything Store is where Americans do their shopping.
In particular, many consumers look on Amazon first. In fact, 49% of product searches begin on Amazon, CNBC estimates.