As the end of 2018 soon closes, all eyes are turning to the prospects for economic growth in 2019. As seemingly always, growth comes from the US housing market or results in reinvestment in the US housing market. In either case, we see growth in or through the US housing market. People make more and […]
2019 growth, case-shiller index, Cost of Living, economic growth, economics, economoy, featured, Florida, home prices, housing, interest rates, jobs, Midwest, migration, mortgages, New York Real Estate, population growth, prices, real esate prices, San Jose, state taxes, Tax deductions, Tax Reform, West, Zillow
Global Insights, Leadership, Risk Management
The economists and central bankers of the US Federal Reserve have a perplexing challenge. The US economy has picked up in terms of GDP growth, but inflation is below the Goldilocks target of 2%. How could economic models be wrong? What, if anything, has changed? It has spurred a serious discussion that suggests that US economy operates differently now. I think the answer is obvious – DEFLATION! We have deflation, just not in an absolute form. We have deflation in the economy like you might have bugs in your house. They are not everywhere, just in places. Overall, the house is mostly clean, but there are some bugs.
Automation, Baby boomers, Bots, Brexit, Canada, China, Congress, Deflation, Demographics, Digitization, economic growth, economics, featured, GDP, GDP growth, houshold income, Inflation, interest rates, Irving Fisher, lower taxes, Mexico, Millennials, Milton Friedman, Population, real income, Taxation, taxes, Trade, Unemployment, USA trade, yellen
Iceland: Economic and Business Lessons – Fire and Ice This summer, I had the pleasure of visiting Iceland with my family. It is an amazing country in so many ways. In addition to its unmatched natural beauty of mountains, glaciers, seashores, and active volcanoes, visiting offers some great lesson in economics and business. Iceland Has […]
66 North, Amazon, Branding, Commodities, Commodity, Digital Economy, Economic Sciences, economic trade, economics, Economy, Education, featured, Florida, Iceland, Icelandair, Icelandic, import, Lamb, Marketing, Mexico, NAFTA, North Face, Salmon, Spain, Tourism, Trade, Turkey, Unemployment, Whole Foods, World Economics
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Innovation
The real estate industry has gone through a massive transformation as new real estate websites such as Zillow (and Trulia now owned by Zillow, and Redfin) have brought together Big Data sets on available properties, home buyers, and home sellers. These firms have, in the process, showed us important lessons and best practices in monetizing […]
Algorithm, Analytics, Big Data, Big Data Analytics, Data Analytics, Data Capture, Data Exchange, Data Monetization, Data Product, Data Products, Digital Platform, economics, featured, Mobile, New York Real Estate, Real Estate, Zillow
Career Advice, Global Insights, Leadership, Risk Management
“If you can’t Measure it, you can’t Manage it. ” – W. Edwards Deming Each year, as a service to our students here at Northwestern University, I hold a special session showing new graduates how to make a personal financial plan. If you are not measuring your personal finances, you are not managing your personal finances. […]
economics, edward deming, edwards deming, featured, Federal Debt, GDP, government debt, Health Insurance, measurement, Personal Finances, Politics, Poverty, State Debt, US Debt, w edward deming
Risk Predictions for the New Year and Interesting Business Cases in 2016 With 2016 just about a week old, I would like to share some risk issues that are interesting to consider in 2016. Federal Reserve Interest Rate Increase Although delayed many times, the Federal Reserve did finally increase the benchmark interest rate.[1] However, inflation […]
Chipotle, Crisis Management, Deflation, economics, Enterprise Risk, ERM, featured, Federal Reserve, gas prices, Global Strategy, GM, interest rates, ISIS, Leadership, NFL, Operational Risk, Predictions for 2016, Rate Increase, Risk, Risk Management, Risk Strategy, Tesla, Underemployment, Unemployment, VW, Winning with Risk
With the continued growth of Uber in many markets, it is worth considering what Uber has done that drives such success and why so many businesses are seeking an Uberization or Uber-fication solution to their business. Below is a listing of lessons on what to do if you are seeking to Uber-ize your business model. […]
Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Data, Data Analytics, Data Monetization, Digital, economics, featured, Mobile, Risk, Sharing Economy, Start-Up, Uber, Uber-fication, Uberization, Uberize
