Goldman Sachs has taken an interesting way to gauge the valuation of a company and its stock — buzz on social media. Its analysts used comments to warn on Tesla and its Model 3 sedan. Here is how they did it: “Goldman analysts looked to gauge sentiment on the Tesla TSLA, +0.63% Model 3 by analyzing daily social-media […]
Posted on July 31st, 2018 by admin
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Economics has become more interesting since the field moved to behavioral studies — what people actually do and not what they are mathematically supposed to do. This experiment shows how to cross the bridge between intention to pay debt and the action of funding it. The authors theorized that people get busy and fail to […]
Posted on July 30th, 2018 by admin
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US airlines have submitted to China’s demand that they label Taiwan as part of China rather than a separate country. China has pulled a power play. Taiwan is separate in government, economics and culture. Nothing can change that, and the longer the country is apart from the mainland, the more distinct it becomes. Unfortunately, because […]
Posted on July 26th, 2018 by admin
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One of the foundations of trust in a society is its money. The public has to believe that it can use paper documents to purchase or pay for something. When that trust breaks down, the public will eschew notes and find other ways to fulfill economic transactions.This is what is happening in Venezuela where monetary […]
Posted on July 25th, 2018 by admin
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There is a leadership crisis when there is an unplanned succession. Who will take over? How will the company change? What’s to become of its market position? That is the worry Fiat Chrysler found itself in over the weekend. Its long-time and popular CEO was suddenly replaced because of ill health. He had shoulder surgery […]
Posted on July 23rd, 2018 by admin
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Mark Zuckerberg is wrapping himself and Facebook in the First Amendment by allowing Holocaust deniers a voice. The unknown question is whether the public will tolerate free and unpopular speech on the platform. It might be a risky move for Zuckerberg to take. He has already been forced to excise political speech and advertising traced […]
Posted on July 19th, 2018 by admin
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MGM is engaged in dangerous litigation. It is suing victims of the mass shooting in Las Vegas in order to release itself from responsibility for the disaster. Lawyers for the victims are outraged as are the victims. On the other hand, one can see some of what is happening here. MGM is a deep pocket, […]
Posted on July 18th, 2018 by admin
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President Trump’s press conference with Vladimir Putin yesterday has been condemned by members of both the Republican and Democratic Parties. The media haven’t been silent either. Anderson Cooper said, it was “perhaps one of the most disgraceful performances by an American president.” Trump went against conventional wisdom and a body of facts in his embrace […]
Posted on July 17th, 2018 by admin
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The day of the robotic car on the racetrack is here. The autonomous vehicles aren’t competitive yet, but it is only a matter of time before they start to show in winners’ circles. This will have a profound PR effect on the sport. Rather than drivers being the heros, attention will be deflected to pit crews […]
Posted on July 16th, 2018 by admin
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Build-A-Bear Workshops conducted a promotion that was too good to work and now has to deal with the wrath of disappointed customers. The creative idea was a “pay your age” discount. Rather than a usual price range of $20 to $35, a parent could get a bear for a three-year-old for just $3 or for […]
Posted on July 13th, 2018 by admin
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