While the CEOs of Alphabet, Amazon, Apple and Facebook testified in front of Congress on antitrust grounds last July, those “Big Tech” companies were also ramping up their DC lobby…
Month: October 2020
College Degrees Losing Their Value
Fears about the latest crisis delaying economic progress for millions of younger Americans continue to grow, but how is this cohort actually doing? Today we have an update on their current…
WSJ: "Retail Stocks Are Hot Heading Into the Holiday Season"
Excerpt from the Wall Street Journal quoting DataTrek’s Nick Colas: …. “We all left retail for dead three months ago,” said Nicholas Colas, co-founder of research firm DataTrek. Yet there…
Airline Travel Trends: Leisure > Business, Barely
There’s a statistic receiving a lot of attention recently: over one million people were screened at US Transportation Security Administration airport checkpoints on 10/18. Many are viewing that datapoint as an…
CNBC: "Worried about contested election? Here’s what went down in stocks during 2000 Bush-Gore battle"
Excerpt from CNBC quoting DataTrek co-founder Jessica Rabe: …. “In the end, the question isn’t which stocks — whether tech stocks, or any stocks — might tank amid election squabbling.…
Business Insider: "Futures traders aren't betting on any Fed rate hikes by mid-2022, no matter what the Treasury market suggests, DataTrek says"
Excerpt from Business Insider quoting DataTrek co-founder Nick Colas: …. “The US Treasury market suggests investors are betting on a swift improvement in the economy that could prompt the Federal…