Ever hear of Shanghai Lujiazui International Financial Asset Exchange, or Lufax for short? No? You will soon enough. This market-leading fintech company is working to go public in Hong Kong next…
Category: Blog
Legal Retail Cannabis Survey Results
We have been tracking the growth of the legal recreational marijuana market since stores first opened in Colorado in January 2014. Now, retail cannabis is legal in nine states plus D.C.,…
Droning On and On
The origin of the word “Drone” as meaning an unmanned aircraft goes all the way back to before World War II. In the mid 1930s, the British developed a remote-piloted aircraft…
US Labor Market: As Good As It Gets?
Friday’s US unemployment rate of 4.1% was the fifth straight month at this post-Great Recession record low level of joblessness, so the logical question is “Is this as good as it…
How Big Tech Is Like GM 50 Years Ago
The global auto industry and the world of technology seem to have only one overlap right now: self-driving cars. There is more to the comparison than meets the eye, however. Many…
Fed Policy Expectations Still Matter
When equity markets focus on just one issue, as is the case with tariffs/trade wars just now, other critical drivers of asset prices fall off the radar. Then, when the smoke…