Author Archive: Jeremy Parkinson
The Self-Employed Middle Class Hardly Exists Anymore
It’s sobering that in a nation of 317 million people (of which 145 million people file tax returns), only 3% of all those reporting income are self-employed people earning enough to support a middle class life without the additional income earned by a working spouse. Many people rightly aspire to improve their household’s state of […]
EC What Multiple Should We Give China’s GDP Growth?
Last week Derek Scissors, a think tank analysts at the American Enterprise Institute, published an article in which he referred to an October, 2014, study by Credit Suisse that attempts to measure total household wealth by region and by country. Scissors argues that in the interminable debate about whether or not China will overtake the US as the world’s […]
Presenting The $77 Billion P2P Bubble
P2P lending is hot. Just ask Shanghai Duolun Industry, a Chinese real estate company that decided late last month it wanted to become a P2P lender instead. Last Monday, Shanghai Duolun officially became P2P Financial Information Service Co., and just like that, without ever having facilitated a single micro loan (or doing anything at all […]
The Debt To GDP Ratio For The Entire World: 286 Percent
Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet? And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that. If we took everything […]
3 Stocks You’ll Hear About On CNBC In 6 Months
Just having received great news about their products, these three companies are gearing up and in six months’ time, everyone is going to be talking about them. Luckily, you have the chance to invest in these companies before everyone else starts rushing in. It is good to be back in Miami after spending a week […]
S&P Breakout Holds
Friday’s action was good for what didn’t happen. Trading was muted, with action trading inside very narrow ranges, different to what had happened the day before. The S&P probably came out the best of it as Friday’s action held Thursday’s break of 2115. Watch Monday’s premarket action closely. Assuming no damage in the Europe or […]
Thoughts On The Verizon/AOL Deal
So what just happened? Verizon’s (VZ) acquisition of AOL puts an end to a long-speculated rumors of a potential merger with Yahoo or a Verizon exit. This is a $4.4B cash deal of what used to be the leading portal back in the dot-com era, when it had a $190B market cap (!). The deal leaves […]
Incredibly Shallow VC Scene For Pharma R&D In India
India pharma is touted as a big success, but what it does is not much better than Indian IT – low cost work with negligible innovation. There is no simply appetite for pharma R&D in India – not amongst companies, and perhaps as a corollary, not amongst VCs either. At Wisdomsmith we took on fund […]
King Digital Entertainment Drops 10% On Mediocre Q2 Outlook
By Carly Forster Candy Crush maker King Digital Entertainment (NYSE: KING) announced its first quarter 2015 earnings report late Thursday, May 14, sending shares down 10%. Although the game maker’s first quarter results beat expectations, a mediocre second quarter outlook sent shares down. Highlights from King Digital’s first quarter report include earnings of $0.51 per share […]
E Adieu To Don And Mad Men And Women We Love
“Mad Men” ends tonight and so will the closest I will ever experience a fetish in my lifetime. I’m willing to succumb to the most self-indulgent continuing confection ever captured on film. I ask for no mercy relieving me from “Mad Mens” creator, master storyteller, satirist, and magician. How did the world of “Mad […]
