Recent Posts

The end of the ‘strong dollar’ policy, yes, again

The end of US leadership is on everyone’s lips. Today’s installment is the Treasury secretary’s endorsement of a weaker dollar. Not so fast. Despite the way the ideal of a ‘strong dollar’ has been thrown around in official rhetoric the last couple of decades, the reality is that Treasury secretaries of both political colors have dialed it up and dialed ...

Read More »

Starbucks falls out of step with the restaurant industry

It would be an overstatement to say 2017 was a bad year for Starbucks Corp. But the coffee giant did start to look a bit less invincible. It posted its slowest same-store sales growth since the Great Recession. It disappointed investors in November when it offered a lower long-term earnings outlook. If that had you worried about Starbucks, then the ...

Read More »

A great world city may soon run out of water

On April 22, Earth Day, might have a bit of extra significance this year. It might be the day that, for the first time, a great world city runs out of water. On that day, according to the local government of Cape Town, water in the reservoirs that feed this most beautiful of coastal cities will drop below critical levels, ...

Read More »
Send this to a friend