A hub for independent voices and hard truths
FedEx and UPS in freefall, double digit losses in a single session… Bezos building a moat around the entire planet’s shipping… The legacy players looking like ghosts, old models dying in real time… The death of the middleman, one prime …
by Michael Sticking our heads in the sand and pretending that everything is okay isn’t going to do anyone any good. Chaos has been erupting all over the globe, and global events are likely to accelerate even more in 2025. …
“In the past, luxury brands, and especially foreign brands, have done well in China, but since Covid I see a shift to more domestic brands that offer much better value for money,” he says. “In my sector, we used to …
via CNBC: Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees …
via Marc Faber: Investor’s Business Daily recently reported that just four investors made $491 Billion On ‘Magnificent 7’ Stocks This Year. Referring to the Magnificent 7, Matt Kranz at Investor’s Business Daily (IBD), notes that, “the top owners of these seven …
by Michael At least things are still good for those at the very top of the food chain. But for everyone else, economic conditions have already become very painful. Today, the vast majority of Americans have less money than they did prior …