Howard Levitt: I wouldn’t recommend my profession to anyone anymore. Here’s why — Financial Post

The end of a decade and commencement of a new one leads me to reflect on the fate and prospects of my own field. Read More

Howard Levitt: I wouldn’t recommend my profession to anyone anymore. Here’s why — Financial Post

Disney+ suffers technical errors on launch day — Nightly Business Report

Steve Kovach Disney+ appears to have been hit by some technical errors just a few hours into its official launch on Tuesday. Some users who rushed to download Disney’s new streaming service were met with an unfortunate error message on their screen that reads “unable to connect.” The message, which appears underneath characters from “Wreck-It…

Disney+ suffers technical errors on launch day — Nightly Business Report

Well’s Fargo & P/E Ratio

Hello Java Junkies, here is a quick lesson on P/E Ratio and what it tells you about Well’s Fargo.

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Wells Fargo & Company’s (NYSE:WFC) P/E ratio and reflect on what it tells us about the company’s share price. Wells Fargo has a P/E ratio of 11.04, based on the last twelve months. That is equivalent to an earnings yield of about 9.1%.

https://www.yahoo.com/finance/news/heres-wells-fargo-companys-nyse-185318206.html

Telsa Service Issues

Service issues at Telsa, and yes to the favorite Economists who know I love Telsa.

Tesla owners still love their vehicles, and the electric automaker still beats out competitors, according to a new survey by research firm Bernstein. But the company’s Achilles’ heel is its customer service.

https://www.cnbc.com/2019/03/11/teslas-biggest-problem-is-customer-service-new-bernstein-survey.html

Rich people buy cheap used cars and why you could too.

Hola Exchange members, in regards to personal financial independence most people ask the same question – how do I create wealth. One method to create wealth is to spend less on the necessary goods and save the difference. The video above is not a deep dive in the financial aspect of your money, but on the practical points of the second biggest bill most people will make, their car. After your house, and in some cases your college tuition, your car is one of the most expensive items you will invest into. The term invest is a bit miss leading. In the purest sense an investment is something that generates an income. Cars, on the other hand, do not generate an income, but a car provides you a means to create income. Should you spend more on a deprecating asset or less? Watch Mr. Kilmer and you decide.

theJavaExchange Weekly Wrap-up

theJavaExchange

Weekly Wrap Up

Hola Economic Jedi, a brief summary of the week that was…

Enjoy your weekend.

Six tips for college success, from the instructors stand point.

Hello young Economist & Jedi, I wanted to share this with the present and future student on how to get into your professor’s good graces. Another way to view this, how to avoid the doghouse with your instructor.

College is not an extension of high school. That may seem obvious to anyone who has gotten a degree, but in my decades of teaching, I have observed many college freshmen who do not understand the expectations of college classes. Those 18-year-olds who are slow to figure out this basic truth risk failing classes or dropping out of school — two costly mistakes — or graduating with a mediocre record, which isn’t much better.

Does new public transit boost home prices? If it’s underground, the answer is usually yes — Financial Post

Billions of dollars are being spent on the construction of new public transit across Canada and the leading political parties have promised even more transit funding during the current election campaign. Read More

Does new public transit boost home prices? If it’s underground, the answer is usually yes — Financial Post

Is Netflix Obsolete Already?

Netflix, the ultimate disruptor, could be headed to extinction. The company started the streaming service model and created a business unlike any other. The streaming idea is so good the competition is using Netflix as a guide to create their own streaming service, in turn disrupting the disruptor.

In the latest blow to Netflix Inc., AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator. The 20 million-plus U.S. households that have signed up to the company’s AMC Stubs program will be able to access about 2,000 films from every major studio, starting Tuesday. Later in the year the service is slated to be expanded to include films from AMC Networks’ (AMCX)IFC Films and RLJE Films.

https://finance.yahoo.com/m/ab630de0-465a-3f46-87d6-682afa17f9ac/amc-theatres-launches.html

Words Matter

I don’t quite understand the financial world, however I believe the Michigan Pension Board made the correct decision here. The article speaks volumes. The industry needs to change.

The state of Michigan has pulled $600 million of its pension fund from wealth management company Fisher Investments after the company’s founder and CEO Ken Fisher made sexist comments at a summit in San Francisco this week.

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