The current outbreak of the Coronavirus has brought me back to a book I read last summer called Get Well Soon, History’s Worst Plagues and the Heroes who Fought Them. What was fascinating about the book was not necessarily the disease, but how humanity reacted to them. The world has lived through the nastiness of leprosy, polio, syphilis, and even …
Why Won’t Big Bad Wal-Mart Pay Their Employees?
Walmart has been the easy target during the last twelve months as activists push for an increase in minimum wage. Why wouldn’t they be, right? They bring in billions of dollars while paying some of their workforce minimum wage- surely they can afford to cover the costs of an extra dollar or two per hour for those employees, right? As …
Apple a Day…
In February of 2008, Bank of America was added to the Dow Jones Industrial Average. Five years later, it was taken out. This month, we were notified that Apple would be joining the price-weighted index. They were a candidate to be added back in 2008, with a market value of $100 billion and only one full year of iPhone sales. …
1.7 Million of Apple’s $10k Watch – Gone
Apple has a habit of generating a lot of buzz around their product launches. During their most recent event, the markets responded in a very timely fashion. In the annotated graph, you can see how Apple traded in response to real time announcements. Cheaper Apple TV? Good. New Macbooks? Awesome. Apple watch? Sell off. From the intraday high to the …