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Ever hear of Fast Fashion?

While most adult readers of an economic situation report such as this one would be forgiven for never having heard of a company named “Shein”, there’s a good chance the young women in their families have.  The Chinese clothing retailer and manufacturer Shein has...

Ever hear of Fast Fashion?

While most adult readers of an economic situation report such as this one would be forgiven for never having heard of a company named “Shein”, there’s a good chance the young women in their families have.  The Chinese clothing retailer and manufacturer Shein has...

Merry Christmas!

I love this classic from the Mills Brothers… https://www.youtube.com/watch?v=Ooc5eJc5SHA Can you spot the 20 Christmas songs in this baffling festive brain teaser? Scroll down to see the list of the 20 Christmas songs.           The 20 songs...

Margin Calls coming soon?

Borrowing money to buy stocks adds buying pressure during a move up but can be catastrophic on the way down. One of the worst phrases a trader will ever hear is ‘margin call’—when a broker demands more cash to cover a losing position or else have it forcibly...

Unions, Starbucks and a Stat     

A Starbucks location in Buffalo, NY, voted for unionization last week. It was the first time a union won the right to represent Starbucks workers in that company’s history. Starbucks has an army of 235,000 workers in the U.S. and Starbucks management has spent...