The Mystery of Market Volatility

This past week markets had a sudden and sustained sell off that lasted for two days, and though they bounced back a little on Friday, US markets had several negative sessions. The selloff in US markets, which began on Wednesday and extended into Thursday, roiled global markets as well, with extensive selling through Asia and […]

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Is the Internet Making Business Weirder?

If there is any doubt about whether the internet is changing how we do business I think it is best summed up in the above chart from, which highlights both how Amazon continues to grow its sales while simultaneously losing money. The point here is not to criticize Amazon’s business practices. Its an enormously […]

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