The stock market is often described as an indicator of future expectations but sometimes it seems to be caught napping. How else to explain Thursday’s sell-off triggered by Apple’s admission that a slowdown in China and changing consumer habits will hurt its first quarter results? The only reaction can be “duh.” There have been warnings of both trends for a long time now. It’s hardly a secret...
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Why the Return to the Office Is Inevitable
For proponents of a return to working in the office, it’s two steps forward and one step back. The haze of Canadian smoke that hung over New York City and other parts of the East Coast this week gave people a reason to stay inside. Some schools shuttered their doors. People on the streets have been wearing masks. Yes, it has felt a bit like 2020. But no one should rush to buy Zoom Video stock....
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