Finance: Beyond Meat’s share price in long decline
Beyond Meat hit a high of $194.95 but now trades at about $22/share. Challenges: Product costs +70% more per pound than genuine meat Consumers turned off by high prices Sales…
Possibly: “Are you saving more than you need for retirement?”
As previously reported, most professionals and college educated are over saving for their retirement years, and in so doing, are forgoing other beneficial life experiences earlier that they may not…
NFT trading market suspends sales due to fraud
The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to…
Gallup poll: “Americans Revert to Favoring Reduced Government Role”
Likely an effect of authoritarian rule the past 19 months: Americans once again say the government is doing too many things that should be left to individuals and businesses. Source:…
Taleb says bitcoin effectively worth zero
People also conflate the success of bitcoin as a digital currency with the success of bitcoin as a speculative investment. To be a currency would require it to have some…
Does auto-enrollment in retirement plans make sense?
Source: A new law would require employees to save for retirement – MarketWatch The law would mandate automatic payroll deductions of 3%, rising 1% per year until 10% is reached…
1 in 12 adults in the U.S. is a millionaire
And you know that many will spin this as a negative: Modern millionaires: How a percentage of Americans made their millions More than 8% of adults in the U.S. have…
Government will loan you your future income: “Americans call slimmed down $600 stimulus checks a ‘disgrace'”
Not saying this is good or bad – only that few seem to understand that “stimulus” checks are the government borrowing your future income, which you will then pay back…
Federal Reserve to embrace inflation; easy way to inflate our way out of the debt caused by printing trillions of $s
The Federal Reserve announced a significant change in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded the Fed’s 2%…