Josh: I think we’ve seen a bipartisan consensus in the Senate that has stopped the president from controlling the Fed. Once he started proposing unorthodox members for the Fed board, the Senate got extremely slow to act on his nominees. He just doesn’t have the votes to make monetary policy however he wants, and the Fed members, unlike Republican members of Congress, don’t have to fear what happens when they go home and Republican voters yell at them because the president said they were bad. … [Read more...] about Why Is the Stock Market Doing So Well?
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ISAF said surfers and those participating in board sports accounted for 53% of attacks. "This group spends a large amount of time in the surf zone, an area commonly frequented by sharks, and may unintentionally attract sharks by splashing, paddling, and 'wiping out,'" according to the report. … [Read more...] about Florida is the shark attack capital of the world, again
The last time the S&P 500 (SPX) fell by 1% or more, the United States had just announced it would pull troops out of Syria. The Tampa Bay Rays were still real contenders to win the World Series after tying the Astros 2-2. And President Trump's impeachment inquiry hadn't yet gotten underway in the House of Representatives. … [Read more...] about The stock market is eerily calm again. Uh-oh…
Unemployment in the US is historically low, and competition for workers is fierce. In the fast food and fast casual industry, where hourly wages are low and turnover is high, employers are chasing workers with hiring parties, AARP partnerships and mental health benefits. Shake Shack, for its part, offers medical, dental and vision insurance, as well as short-term disability, to every employee who has been working for the company for at least 90 days. … [Read more...] about Four-day workweeks and stock options: How Shake Shack lures workers in a tight market
The three-story, 160,000-square-foot building at 10344 Sam Houston Parkway is fully leased to three tenants. The building was completed in 2013 and sits on 8.5 acres. … [Read more...] about JLL lines up refinancing for NW Houston office building