The investment world runs on research, and once upon a time researchers counted cars in parking lots and tallied foot traffic in malls to predict earnings for the next quarter in retail stocks--a major leg up for traders. Today, a burgeoning business has developed in selling credit and debit card data revealing card transaction volume to trading and investment firms. Find out the remarkable effect it has had on retail and related stocks! Steve and Sinclair have the Wall Street Journal report and investment insights for 2017.
The men and women who unload shipping containers at Wal-Mart warehouses are provided by trucking company Schneider National’s logistics operation, which in turn subcontracts with temporary-staffing agencies. Pfizer used temporary contractors to perform the majority of its clinical drug trials last year. For companies, it saves money. For workers, the trend lowers pay and makes it hard to answer the question “Where do you work?” Steve and Sinclair have the Wall Street Journal report on this major trend that may lead to smaller and smaller 401ks for millennials and could impact the entire social security system.
Millennials are becoming the largest part of the population, but how are they doing economically? In 1970, 92% of American 30-year-olds earned more than their parents did at a similar age, according to a study at Stanford. But by 2014, only 51% of 30-year-olds were doing better than their parents, and the number is still falling economists say. Why are many millennials falling far short of previous generations in terms of earning power? Steve and Sinclair have the Wall Street Journal report.
The cars of the future will be electric, connected and eventually, self-driving. But where does that leave the car industry of the future? The sharing economy is expected to cut the demand for cars further with services like Uber, Wayne, and LYFT replacing the cost of a car payment for millions of Millennials. Will the auto industry as we know it, survive? Where should investors be looking for opportunity? All major car manufacturers now have electric cars hitting the streets in the next few years, and driverless cars are expected to proliferate by 2020--just three short years from now. Steve and Sinclair have special Wall Street Journal report.
Two recent studies of over two thousand Americans nearing retirement have confirmed that Americans sill fear running out of money by five to one over their fear of death, and that the average affluent retiree spends 475 hours a year worrying or concerned about money. Steve and Sinclair have the lastest report--and the solutions!
Over 5 million people drive a truck for a living and in 29 states it is the number one occupation, not to mention truck stops, motels and other support systems for drivers. In fact, it is the highest paying job that doesn't require a college education in most states. But the trend of driverless trucks could pose a serious threat. Steve and Sinclair have the Wall Street Journal report.