14 Sep Weekly Reads: 09/10/2018
The Week’s Best Articles: Week of September 10th, 2018
Investing: What We Need to Fight The Next Financial Crisis – click here
While we don’t know when the next financial crisis will occur we do know that it will indeed happen. In this opinion piece at the WSJ the author examines what is needed to prepare for the next financial market crash.
Business: Uber Was Right – click here
Uber has been rightly under fire for many of their business practices. This article looks at the rise of rentable scooters and how the recent backlash to them has vindicated some of Uber’s early business strategies to get into new cities. While the future is uncertain for the scooters it certainly seems that Uber is here to stay.
Investing: Former Bull Says Tesla No Longer Investable – click here
Elon Musk and Tesla have done a great job of staying relevant in the minds of many. Unfortunately for them, the charismatic founder’s unstable behavior has impacted the stock. This is a reminder that without good sound leadership it is very difficult for companies to succeed, despite the product/service they sell.
Health Care: How Drug Middlemen Make Millions – click here
Everyone agrees that health care in America is a mess. In this article by Bloomberg they examine how drug middlemen use secret drug pricing techniques to make money. These types of practices are just one example of how the system is broken and unnecessarily complex.
Interest Rates: The Fed Thinks It’s Safe to Raise Rates, It’s Wrong – click here
Interest rates (and their path) is on the mind of every investor worldwide. In this article by CNBC the author proposes why the Fed’s quest ot raise rates is offbase and they should be more cautious.