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The latest on US financial markets – when they will reopen:
All markets are working towards opening tomorrow. Here’s the key though… Adequate power supply. While all financial markets have backup power supply it’s highly unlikely they’ll come online unless a primary power source is restored. The consideration that’s worse than the markets being closed, are markets that could be disrupted by power issues – especially given the likelihood of high volume from the prolonged absence of trading.
Economic impact (true cost) of
Bottom Line: Its way early to really know the physical cost of
Presidential Election & the financial markets:
Bottom Line: So we’re now a week away. That’s a refreshing thought isn’t it? Let’s talk about the election’s impact on our money. So what’s likely to occur based upon the outcome of the Presidential race?
I have some pretty definite ideas.
Let’s talk Romney win first:
Now if President Obama is re-elected:
Dissention in the ranks – major shakeup at Apple & chinks in the armor:
Bottom Line: The big question mark hanging over Apple’s future was new product development in the post Jobs era. The question mark just became much more pronounced. Tim Cook came to rise at Apple as the retail genius for the company. The Apple store was his brain child and he built the most profitable retail company per square foot in the world. Over the past year as
Scott Forstall had been at Apple longer than Tim Cook. Scott actually was a lead developer of Steve Jobs’s ideas upon the return of Steve Jobs at Apple in the late 90’s. He developed the iOS. All of them. Losing that type of principal is absolutely something to watch closely. The reason? Apparently Cook wanted Forstall to apologize for the issues associated with the new Apple Maps feature & he refused. Ego is a dangerous reason to have principals depart a product development company.
The question no becomes one of the next generation of products. We no longer have Steve Jobs to dream them up. We no longer have Forstall to develop iOS. Will the products still be great? That’s a big if.