82% of Wealth created last year went to the richest 1%. Billionaire Wealth has risen by 13% a year since 2010
— Oxfam International
DEAR WALL ST ANALYSTS & INVESTORS,
AS YOU LEFT HOME FOR WORK EARLY TODAY, YOU WOULD HAVE TOLD YOUR FAMILY NOT TO EXPECT YOU UNTIL FRIDAY EVENING AS YOU WILL BE SITTING ON YOUR DESK CRUNCHING THE NUMBERS, LISTENING TO 4–5 BRUTAL EARNINGS CALLS, READING THE NEWS…
One of the Internet trends off late is memes and especially “What people think I do vs. What I really do” memes…
The Warren-Buffet backed, “systematically important”, “too big to fail grow” Bank of America reported some impressive numbers for its second-quarter that was supposed to please the street — it delivered a billion dollar more than what was expected in revenues ($22.83…
In the Kevin Spacey starrer Margin Call, the head of a fictional Wall St. firm is quoted saying “There are three ways to make a living in this business — be first, be smarter or cheat!”
The company that is single-handedly helping reduce the population in this world by making couples binge watch shows than letting them indulge in “other” activities⚤, reported another “blockbuster” earnings early this week.
Ronald McDonald is one happy mascot today — the McDees new Big Mac menu, $1 soft drinks and $2 coffees seems to be working its magic as McDonald’s shares hit an all-time high after it reported “stellar” first quarter results. Global same-store sales increased 4%…
The place where Americans go to save money, by spending everything they have — Costco — reported…
While America is still debating if climate change is real or an elaborate hoax and whether we can trust climate scientists “who…