Monday Oct  5 2020   Arnold   Navy Admiral McRaven   Arnold don't be afraid of failing

Weekend Oct 3 2020 Positive mood generates feelings of inclusion.This is when treaties between countries are signed and merger and acquisition activity  rises. Negative mood generates exclusive feeling. Wars begin between countries begin. Hitler rose to power at the very bottom of the world wide depression in 1932. He then began a series of wars…

Weekend Sept 26 2020 In ACCT 5308 today I thought someone said that J P Morgan rescued Chase during the  2008 financial crisis. However Chase merged with Morgan in Year 2000. Mergers are an inclusive activity.  Hence most mergers happen again during expansive social mood at market tops. This occurred right at the 1982-2000 market…

Friday Sept 25 2020   https://finance.yahoo.com/news/neiman-marcus-emerges-bankruptcy-173932839.html   Chapter 11 BK is a restructuring so the company can emerge and do business again. typically the stockholders get nothing, the bondholders are not paid but become the new stockholders. Neiman was taken by a hedge fund which did the typical thing, strip out the cash, and replace…

Friday  Sept 25 2020 Regal Cinema theaters have been closed for months. And now the British owned chain is turning to the one man who just might be able to rescue the chain from oblivion, calling James Bond   In the original series Bond was always paired off against a super villain.  Now he takes…

Friday Sept 18 2020 hEY Chairmahn Carmine Di Sibio apologies. EY was late in detecting, at least now they claim they found the fraud,  $2 billion in assets ont actually on teh books of Wirecard. Wirecard filed for bankruptcy in June, three days after acknowledging that $2 billion in assets listed on its balance sheet…

Friday Sept 11 2020  

Wed Sept 9 2020 Ford Motor is using a robot dog to measure its facilities. When Ford needs to re fresh a large facility to make another product, it was using a human to move a tripod with 360 degree cameras. It estimated that cost  300K. Now it is leasing a robot dog to do…

Wed Sept 2 2020 Again from today's WSJ Fuel demand rebounded  but is now tapering off.  Here we have the domino theory in action. If people cease driving, there are more empty motel rooms. If the rooms re not full the restaurants will not be full either. The same can be said for airline travel.…

Tuesday Sept  1 2020 With some 58 million Americans out of work, there are many interviews taking place. But employers are ghosting the applicants. This means they have moved on to other applicants without notifying the former applicant. Read about the level of frustration this is causing.