Macro/Econ

Space Jam

How many business trips of the future have been canceled in advance of their own existence, like Marty McFly fading away in family photos

tHe sToCk MarKeT is iGnorInG tHe rEaL EcONomY

Or…and hear me out…the stock market is doing its best to reflect the “real” economy. The real economy, however, has moved online. Companies that dominate online business also dominate the stock market’s capitalization. This is what the real economy currently looks like now, via Bank of America Merrill Lynch’s credit and debit card spending data:…