Category Archives: Economy

Gillette’s Real Target Audience

 

Gillette's real target audience

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Here’s the Gillette ad directed at customers who may be underachieving in the best a man can be category. But ADWEEK says the ad was a hit with Gillette’s real target audience – women.

 

Sears New Year Liquidation Sale

sears
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Sears chairman Eddie Lampert stepped in with a last minute $4.4 billion offer to buy the bankrupt company. CNBC says Sears advisers have until Jan 4 to decide if he’s a “qualified buyer.” “Only then could ESL take part in an auction against liquidation bids on Jan. 14.”

Stock Market December to Remember

stock market December
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Your 401 (k) Goes Bungee Jumping

It was the night before Christmas and the Dow Jones Industrial Average plunged 653 points. But the day after Christmas the bull bounced back for a record 1,000 point gain. Alas, the stock market December to remember continued as the Dow dropped 600 points the following morning. But not to worry. Late in the day the Dow made a record 850 point u-turn to finish with a 260 point gain.

Fed Grinch Steals Trump Christmas

fed grinch
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You’re a Mean One, Chairman Powell

President Trump overheated his Twitter account trying to pressure the fed chairman. But it didn’t work. Jerome Powell was more than ready to to stand up to Trump by playing the Grinch and raising rates. Not only that he said he’d do the same thing two more times next year.

Fed Grinch

The Dow swooned and the president sputtered. But Bloomberg says the Fed did the right thing. Vox, however, not so much. 

Meanwhile the stock market crater continues.

Climate Fire

climate

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When wild fires destroyed the town of Paradise, California Governor Jerry Brown blamed climate change. For the past few weeks Paris has been burning and French President Macron can blame the climate too. The French revolted against a carbon taxed aimed at reducing France’s .4% share of global warming caused by cars.

The €8 billion tax bite comes on top of a 9% unemployment rate. The peasants are pissed.

And so far it’s peasants 1, president 0. Macron backed down and delayed the tax.