Interesting WSJ Article on American Middle Class and Debt

The American middle is going deeper into debt to maintain their middle class lifestyle, according to an article in the journal earlier this month. The article discusses a few sample families that are struggling to stay in the middle class. One of the main reasons for the current state of the working class is that …

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Why Fines Have Negligible Impact On Companies

When companies are fined by the government for violating some laws or regulations the goal is to change their behavior. While the goal is noble, very rarely fines have the desired effect on firms. This is because fines imposed are tiny compared to how much a firm makes in profits or has in the bank. …

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Business Cycle Phases and Sector Performance

During the different phases of a business cycle, the performance of different sector varies. For instance, during recessions, consumer staples, utilities and health care tend to perform better. In periods of economic expansions,tech, financials, real estate and consumer discretionary perform well. The following graph shows the four phases of business cycle and the sector preferred …

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Two Sneaky Ways Delta Airlines Cheats Its Customers

One of the worst industries in the US is the airline industry. A handful of airlines dominate the industry leading to atrocious customer service. To be precise, just 4 airlines account for more than 80% of the market share. As a oligopoly, these airlines are able to treat their customers worse than sheep and get …

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