@TarragonCapital

@collinstimbela_ Damn!

Imagine working the overnight shift, setting up the whole breakfast bar, and then being told you’re fired. She didn’t yell. She didn’t cry. She just handled it in the most practical way possible and now the internet can’t stop cheering for her. 🙌

As of 10/15/24, U.S. households held 48% of their financial assets in equities-a record that equals the previous peak, set around the turn of the century. This allocation is far above the long-term median of 28%. -Goldman Sachs Briefings, November 8, 2024

Major retailers have announced 6,189 store closures so far this year, already outpacing last year’s total of 5,553, according to Coresight Research. Chains are on track to close the highest number of stores in 2024 than in any year since 2020-CNN Business 11/14/24

Amazon’s massive robotic workforce expansion now employs over 750,000 robots at its facilities across the globe- (Yahoo Finance 4-11-2024)

For every vehicle it sold in the 4th quarter of 2023, the EV automobile manufacturer Rivian lost $43,373. -(Wall St Journal 4/21/2024)

@RnRNationlive @RnRliveRadio Sugar

And go.. Follow us! @RnRNationlive / @RnRliveRadio / Rnrnlive.com

When In-N-Out opened its first location in Idaho last month, so many people lined up to order a burger that the estimated wait time was seven to eight hours.- -(The Washington Post, December 14, 2024)

“When you combine ignorance with leverage, you get some pretty interesting results.”- Warren Buffett

Roughly 650,000 Americans over 80 were working last year, about 18% more than a decade earlier. Some people have been pressed back into duty by inflation and stock-market volatility while some cite a simpler reason to keep working- they just want to. -WSJ 6/25/23

It’s going to be a great summer for teenagers looking for a job. Wages for 15–19 year-olds are approaching $15.00 an hour on average, an astounding 41% increase from January 2020 levels.-USA Today, June 8, 2023

The number of news stories about a recession in 2022 exceeded the number tracked in 2020 when the U.S. economy was actually in a recession.(Axios, January 13, 2023)

More than 1 in 4 of the nearly 600 companies that went public via a traditional IPO in 2020 or 2021 are now trading at less than $2 per share, therefore, risking delisting. (Wall Street Journal- 12/19/2022)

At Blockbuster Videos' peak, the movie rental chain had 9,000 stores and raked in $6 billion in annual revenue. In the late 1990s, Blockbuster passed on the chance to buy Netflix for $50 million, a company now worth over $120 billion (Morning Brew, 11/2/22)

AT&T will end its operator service in 21 states as their landline operations now only have 8.5 million customers. At peak, 350,000 people were employed as operators by U.S. telecoms, a figure that today stands at just 550. -Bloomberg (11/8/2022)

The backlog of container ships to be offloaded in So. California reached 109 in Jan 2021, but recently has dropped below 10. Meanwhile, the cost of shipping a container from China to the U.S. has fallen below $4,000 compared to 2021's high of around $20,000. -MarketPlace, 9/29/22

From 2013 to 2018, Chinese firms were net buyers of $52 billion in U.S. commercial real estate, focused particularly on Manhattan. Lately, they’ve been bailing out of the market at a remarkable pace, selling off $23.6 billion of U.S. commercial properties since 2019.-WSJ 9/20/22

Wikipedia has banned some users from making edits on its “recession” page as people are feuding over the term’s proper definition. -Marketwatch, August 19, 2022

⚡️ “Shops ordered lots of bikes in 2020. Selling them is a challenge.” by @WSJ twitter.com/i/events/15591…

Recent survey respondents who are still working, with a median age of 60, have average savings of around $112,000. One-quarter of those surveyed, and 30% of millennials, said they were planning to rely on “cryptocurrencies” to finance some of their retirement. -MarketWatch 7/2/22