Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Economy
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Friday Oct 28 2022 Facebook Meta stock declines 16% after the bell as sales decline accelerates. WSJ Thursday October 27, 2022 In a bear market all news is bearish. Mind you, Meta recorded a whopping $27.7 billion in quarterly revenue. That is only a 4% decrease from the year ago quarter. But the stock got…
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Friday Sept 16 2022 EY will take its new separate consulting firm public if partners approve the deal. The WSJ article indicates EY will borrow $ 13 B to help fund the operation. The state of the world economy does not strike me as conducive to going into a lot of debt. Fed Ex shares…
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Tuesday July 25 2022 I ran across Ethan From explaining why he was selling his Ferrari. After watching the Ferrari video, what I and you would really want to know is what does this buy do for a living? Here is the answer, 24 minutes and well worth it. Here is his introduction video, be…
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Friday Nov 19, 2021 Lack of Breadth in Markets Bloomberg host Tom Keene noted America's rising gas prices and asked the energy secretary, "What is the Granholm plan to increase oil production in America?" Granholm immediately began laughing. "That is hilarious," she said. Would that I had the magic wand on this." Fox Business…
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Sept 7 2021 htYet another regulatory group has been formed within Team Bien. That is worrisome in itself. This is the White House Competition Council. What would a bunch of bureaucrats know about business competition? Expect more Obama type regulation which led to the slowest recovery in history.
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Wed August 24 2021 Gundlach is the founder of Doubleline, a bond fund. He is bearish the dollar, take a read.
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Wed April 14, 2021 Morgan and Goldman exceed expectations. the article credits coming out of covid, that is typical of trying to tie an external event to something in the market. As we reported both firms dumped their Archegos holdings to the disadvantage of the banks which did not/
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Friday April 9 2021 My friends at the Socionomics Institute asked what I would be watching this year in terms of changing social mood and outcomes. My answer was commercial office space. I am stunned so much is being built right here in north SA. And now, firms are exiting downtown office space at…
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Monday April 5, 2021 Tsy Secy Yellen will call for all nations to have a minimum (same) global corp tax rate. This of courses allows Biden to raise rates without fear some sharp country, like Ireland, will undercut him and draw corporate headquarters to Ireland. Will the other nations be this stupid? Here is a…
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Thursday April 1 2021 hWhataburger will award its 46,000 employees an average off $2,000 bonus for a job well donen during the pandemic Nice to see a this happening right here in SA
Professor Elam 