First Republic’s only customers appear to the be the rich. The bank has offices in such high-income zip codes as San Francisco, Palm Beach, Jackson (Jackson Hole), Wyoming, Palo Alto, Manhattan, Orange County, Napa, Boston, and San Diego.
I think the best indicator of the US Dollar’s decline is the sudden explosion of the Bitcoin (BTC) cryptocurrency’s price.
Trumpism is nihilism. The Internet Encyclopedia of Philosophy describes nihilism as “the belief that all values are baseless and that nothing can be known or communicated. It is often associated with extreme pessimism and a radical skepticism that condemns existence. A true nihilist would believe in nothing, have no loyalties, and no purpose other than, perhaps, an impulse to destroy.”
I think Sarepta (NASDAQ: SRPT) is a terrible stock because it loses money. For example, Sarepta reported a quarterly operating loss of -$137.07 million on 30 September 2020.
I think Uber’s purchase of Postmates is the first step in offering a grocery delivery service. To explain, Postmates has had the experience of making five million deliveries a month in 2020, Business of Apps estimates.
The circumstances that help Lululemon grow could continue for months or a year. Notably, The New York Times reports “virus numbers are surging.” Similarly, The Times labels vaccine rollouts sluggish.
I expect the first American food riots in February or March if the present gridlock in Washington DC continues and Congress does not wise up and start making regular stimulus payments.
We need to consider abolishing or reforming the US Senate because the upper house does not represent America. Here are some numbers that show how undemocratic the US Senate truly is.
If the courts uphold the lawsuit, I think the SEC could gain the ability to regulate all cryptocurrencies.
The hope is that QuantumScape’s battery will be cheaper because it is simpler. A simpler design with fewer parts could reduce battery production costs. Lower prices create higher demand because more people can afford to buy the battery.
Starbucks (SBUX) could be a cash rich company because it reported a $1.491 billion quarterly operating cash flow on 30 September 2020.
The Lincoln Project political strategists resemble mercenary soldiers who switch armies in search of more money. Conversely, money is the not only motivator the Lincoln Project warriors have.