by Michael E Dehn | Jun 12, 2024 | Banking and Finance, Breaking News
Shocking stat of the day: 42% of US small-cap companies are unprofitable, the most since the 2020 pandemic when 53% of small caps were losing money. At the same time, only 10% of the S&P 500 firms and 20% of mid-caps are unprofitable. By comparison, during the...
by Michael E Dehn | Jun 12, 2024 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment
While CPI inflation is at 3.3%, inflation is much higher in many basic necessities: 1. Car Insurance Inflation: 20.3%2. Transportation Inflation: 10.5%3. Hospital Services Inflation: 7.2%4. Car Repair Inflation: 7.2%5. Electricity Inflation: 5.9%6. Homeowner...
by Michael E Dehn | Jun 12, 2024 | Banking and Finance, Breaking News, consumer spending and sentiment, Technology
Elon Musk fired 80% of Twitter (6500 people) and everyone thought that Twitter was doomed. He was right. Everyone was wrong. It’s the management masterclass of the decade and every entrepreneur must understand why it worked 🧵: pic.twitter.com/gu5ZWVQjFz — Divine...
by Michael E Dehn | Jun 12, 2024 | AI artificial intelligence, Banking and Finance, Breaking News, consumer spending and sentiment, Latest News, Media, Technology
Apple is promising personalized #AI in a #PrivateCloud. Here’s how that will work. https://t.co/1tqbCBAFoH #fintech #GenAI @odonnell_jm @techreview — Spiros Margaris (@SpirosMargaris) June 12,...
by Michael E Dehn | Jun 11, 2024 | Banking and Finance, Breaking News
Cell phone activity in almost EVERY major downtown area in the US is currently well below 2019 levels. In San Francisco, cell phone activity is currently at just 57% of pre-pandemic levels. In Minneapolis, cell phone activity is down 56% since the pandemic. Even in...
