Roughly 18 months ago Facebook announced they would be introducing a new digital currency called Libra, in 2020, to revolutionize money transfer and position them as a leader in blockchain-based digital payments. It consisted of three parts: *It is important to note both the Libra Token and Libra Blockchain will be owned and operated by … Read more
Yesterday CNBC reporter, Steve Liesman, interviewed the Dallas Federal Reserve President Robert Kaplan to discuss monetary policy amid our current economic recovery. There were two big take aways: The first takeaway is understandable. The Fed wants to keep interest rates low to spur economic growth. Lower financing costs can encourage borrowing and investing. But what exactly does … Read more
First off – what the heck is multiexperience? Is it just another fad? A new buzzword in tech land or is it a future trend? Let’s take a look. Multiexperience is a concept that addresses a fundamental shift in how companies should design their digital strategies to engage with customers. In simple terms, it is … Read more
On March 27th President Trump signed The Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. This $2.2 trillion stimulus package was allocated in three general ways. This stimulus has helped provide life support for individuals, businesses and government agencies but the funds are quickly dissipating. The extra $600 in weekly unemployment benefits to help … Read more
On March 27th President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) meant to address the economic fallout of the current pandemic in the United States. Included in the $2.2 trillion dollar stimulus package are provisions changing the rules for retirement accounts. As many of you own retirement accounts … Read more
As the S&P500 took a 3.35% dive today I figured I would publish some of the data we have been kicking around trying to decipher true impact of the current Coronavirus epidemic. Let’s start by comparing the economic data of a 2003 China vs a 2019 China. It is important to note SARS occurred back in 2003, … Read more
Every Presidential Election year we all ponder the same question…..how is this going to impact the markets? As you can guess there is no clear answer and it is important to remember past performance is not indicative of future results. That being said I still wanted to see the data for myself so I gathered … Read more
As the expansion continues I often have friends and family who are hesitant to put new money to work. Even today, as we hit new all time highs, most of them sitting on cash are waiting for a 10-20% drop to “get in”. When I ask why, many of them say ‘because it has to’ … Read more
Uber, there are problems with the Meal Delivery business: Don’t worry, it’s not just you, let’s look at some recent industry headlines: With that being said, the meal delivery industry is growing and consumers increasingly prefer to choose their restaurants from a range of choices through delivery apps. Of course, the loyal users of services … Read more
Dear Mr. Zuckerberg, With the announcement of Libra you have decided to enter a new market, a growing and healthy digital payments space, who could blame you! Most would agree it aligns well with your ever growing Facebook, Instagram, WhatsApp and marketplace services. But while the approach appears to be well thought out (even going to the … Read more
