Daily Column – 19th February 2022

There are now more and more companies that thought they had taken the Limitless drug when the pandemic was at its peak. It was just a placebo. Roku’s stock fell 22% on its worst day of trading since 2018. Investors were angry with the streaming service because of poor Q4 numbers and a gloomier-than-expected outlook … Read more

Daily Column – 18th February 2022

They try to be nice to the government to get better treatment for their business. Elon Musk isn’t the only one who’s been getting more angry at the US government. Tesla said yesterday that the SEC, the top cop on Wall Street, was harassing CEO Elon Musk in order to “chill” his right to free … Read more

Daily Column – 16th February 2022

Avocado imports from Mexico, which supplies about 80% of avocados in the United States, have been stopped “until further notice.” Exactly at the same time that avocado prices were going up to a record high because of things like worker shortages, we learned about the news. Why not stop imports? Over the phone, one of … Read more

Daily Column – 15th February 2022

The Texas two-step is a popular dance format that many people who go to country-western bars in the United States like to do. It’s also a controversial corporate strategy that’s been getting a lot of attention in the last few weeks. Thousands of people have claimed that talc-based products made them sick, so Johnson & … Read more

Daily Column – 14th February 2022

The Russia–Ukraine crisis kept getting worse over the weekend, with the U.S. National Security Advisor Jake Sullivan saying that a Russian invasion could happen “almost at any time.” They say Russia doesn’t plan to move into Ukraine, but its military has more than 130,000 troops on its side of the border. A lot of money … Read more

Daily Column – 13th February 2022

During the 1980s, Michael Lewis was a young bond salesman who made a lot of money on Wall Street. He eventually quit his job to write a book about the sloppy, over-the-top behaviour he saw in the finance world. Liar’s Poker was the book that made him famous. Never before have so many 24-year-olds made … Read more

Daily Column – 11th February 2022

This newsletter might have to be paid for at the rate of inflation. As a measure of inflation, the consumer price index, which is used by the US government, jumped 7.5 percent for its fastest year-over-year growth in 40 years. Inflation also didn’t seem to be slowing down. It rose 0.6 percent each month, the … Read more