Category: Uncategorized

Retail cost vs Costco cost? Many of the brands you use also supply Costco with the private label brands with similar (or the same) goods at a fraction of the cost. Save the money, invest the money.

https://moneywise.com/a/ch-b/the-big-brands-behind-costcos-kirkland-signature-items?t=15%20Big%20Brands%20Who%20Make%20Costco%27s%20Kirkland%20Products&utm_medium=dsk&utm_source=twitter&utm_campaign=twt_KirklandBrandsCoffCV_July9_dsk&utm_term=twt_KirklandBrandsCoffCV_July9_dsk_geo&utm_content=twt_KirklandBrandsCoffCV_July9_dsk_geo_v06

The percentage of homeowners who fell a month or two behind on their mortgage payment hit a 21-year high in April, as the coronavirus pandemic forced states across the country to shut down and millions of Americans out of work.

https://finance.yahoo.com/news/earlystage-mortgage-delinquencies-hit-21-year-high-170612193.html

Gold topped $1,800 on Wednesday, marking a nearly nine-year high.

Its rally may not be over yet, according to Boris Schlossberg, managing director of FX strategy at BK Asset Management.

https://www.cnbc.com/2020/07/09/gold-is-the-real-bitcoin-trader-sees-new-highs-ahead-for-the-metal.html

With more Americans under financial pressure due to the coronavirus, paying for college is a growing problem.

Nearly 70% of families are worried about how they will cover the cost and more than half now say their higher education plans have changed due to Covid-19.

By necessity, some students will attend a community college close to home or delay going to college altogether.  

So the possibility of free tuition could make all the difference.

https://www.cnbc.com/2020/07/10/heres-how-to-go-to-college-for-free.html

If you use the traditional fundamental analyst model, such as revenue, debt-to-income ratio, etc.. you would not touch Tesla with a ten foot pole. Yet, Tesla is worth more than Toyota and GM. How should and can you judge this high flying stock?

This stock fall in a category based on non-fundamentals. This stock requires a technical view to judge if the investment is worth the risk.

Tesla seems unstoppable.

The electric auto maker’s stock hit a record high for the fifth day in a row on Tuesday, adding to a practically relentless 223% rally since the market bottomed in March. Tesla’s $258 billion market cap now makes it larger than 97% of the S&P 500′s components.

https://www.cnbc.com/2020/07/08/tesla-is-a-stock-you-cannot-fundamentally-value-trader-says.html

The world of economics has been dominated by white men from the creation of the field. Perhaps it is time to open the door to the other half of the world. Fortune contributor Avivah Wittenberg-Cox has written an article about five women in the economics field to pay attention to (one already has a Nobel Prize for her work.)

Few economists become household names. Last century, it was John Maynard Keynes or Milton Friedman. Today, Thomas Piketty has become the economists’ poster-boy. Yet listen to the buzz, and it is five female economists who deserve our attention. They are revolutionising their field by questioning the meaning of everything from ‘value’ and ‘debt’ to ‘growth’ and ‘GDP.’ Esther Duflo, Stephanie Kelton, Mariana Mazzucato, Carlota Perez and Kate Raworth are united in one thing: their amazement at the way economics has been defined and debated to date. Their incredulity is palpable.

https://www.forbes.com/sites/avivahwittenbergcox/2020/05/31/5-economists-redefining-everything–oh-yes-and-theyre-women/?fbclid=IwAR1kuLKS2pEwGoKYz3ivWdOfOv3fQ8KhB01DE2AzSwIgxYAEpgoLnIrEI5Y#353545c9714a

A brief summary of the exchange today

The major market indices closed flat for the day. One reason for the slow pace for the minimum movement, an uptick of reported corona virus cases. This could be a moment to wait before buying into the market. If you are looking for a sign to get back into the market the rise in outbreaks of COVID-19 could offer a purchasing opportunity.  

The FAA has complete certification of the Boeing 737 MAX. This still bring to question what issues need to be address in regard to the relationship between Boeing and the FAA.

https://www.cnbc.com/2020/07/02/us-regulator-boeing-complete-737-max-certification-test-flights.html?&qsearchterm=boeing

https://www.cnbc.com/2020/07/01/boeing-kept-faa-in-the-dark-on-key-737-max-design-changes-report-says.html?&qsearchterm=boeing

This is to a few of the economic theory zealots from Stephanie Kelton. The author argues we need to rethink the national debt. Interesting view on the national debt. Should we focus on balancing the budget or consider debt from the Federal Government as a different case and should be viewed in a different light? More on this topic in the future.

https://www.bbc.co.uk/reel/video/p08jbbry/why-we-need-to-debunk-the-deficit-myth-

Should this IPO be on your radar?

With food-at-home in high demand due to the coronavirus pandemic, Albertsons Cos. has filed paperwork to go public. Albertsons (ACI)  began trading on the New York Stock Exchange on Friday under the ticker symbol “ACI.” Late Thursday, the company priced its IPO at $16 a share, lower than the $18-to-$20 price range it was seeking.

https://finance.yahoo.com/m/d2ef83de-04dc-397b-9043-e76b90055509/albertsons-is-giving-the.html