Monthly Archives: February, 2020
The Costs of A Prolonged Period of Low Rates
Bloomberg points out here that a decade of ultra-low interest rates is not helping public pension funds. Low rates increase the projected liabilities of...
A Lesson from Legends: “Don’t Confuse Activity with Achievement”
The Boston Celtics reached yesterday’s NBA trade deadline without making a trade. “Celtics president of basketball operations Danny Ainge keeps a John Wooden book...
Is Uber About to Be Beaten on Price in London?
An Indian car-booking service named Ola is targeting Uber's business in London. The plan is to defeat Uber on price and capture the top...
You Probably Know Exactly Why People Want to Abandon Big Cities
You probably know exactly why people want to abandon the big cities of America. They look at rural states and towns with low taxes...
Are Markets too Complacent about Coronavirus?
The FT reports here that China’s energy executives anticipate a 25% drop in the country’s oil demand. That equates to a 3% drop in...