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Daily Archives: March 12, 2017
Swapping savings for unreasonable risk: not a good trade
Someone recently told me that they worked hard for their money and they would like to see their money work hard for them. This reminded me of Michael Lewis’ analogy that financial sales propaganda has conditioned people to think of … Continue reading
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Urban Outfitters CEO rings the bell: “retail bubble has burst”
Urban Outfitters Chief Executive Officer Richard Hayne is said to have ‘shocked’ analysts in his 4th quarter earnings call last week, when he admitted that the holiday season was disappointing even with heavy discounting, and that the broader problem is … Continue reading
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