Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
In part I, we discussed the beginning of the first Cold War; today, we continue with the new Cold War II.
In part I, we discussed the beginning of the first Cold War; today, we continue with the new Cold War II.
In part I, we discussed the beginning of the first Cold War; today, we continue with the new Cold War II.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting. Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting. Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting. Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting. Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.