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Mar 20


Going Down

Shares of Facebook tumbled on Monday as political leaders in the U.S and Europe call for aggressive inquiries into whether the technology giant failed to stop improper access and handling of user data. The latest controversy centers around Cambridge Analytica who collected and used without permission data from the accounts of millions of users obtained through Facebook apps.  On Friday, Facebook announced it has suspended Cambridge Analytica access, along with an associated firm, as the company investigates reports Cambridge kept user records for years after claiming the data had been destroyed. The revelation reignited concerns over how Facebook, Alphabet Inc’s, Google, and other internet firms handle user data which the companies use for their advertising business.


Uber Technologies Inc has temporarily stopped its self-driving car program after one of its car struck and killed a pedestrian in Arizona. On Sunday, an Uber vehicle in autonomous mode with a human safety operator at the wheel struck a 49-year-old woman while she was walking her bicycle outside of a crosswalk. The women later died from her injuries. The incident is the first known fatality involving an autonomous vehicle and could stir regulators to action. While it has not been determined if the Uber vehicle was at fault in the accident, the fatality has confirmed the fears of those who have warned against autonomous driving vehicles.


Asia: Asian shares closed mostly higher on Tuesday despite a negative handoff from Wall Street.

Europe: European markets closed down as investor eye this week’s Federal Reserve meeting.

U.S: U.S. index’s tumbled on Monday led by shares of Facebook and investors start to question how long the good times will continue. DJIA: -335.60 24670.97 Nasdaq: -137.75 7344.24 S&P 500: -39.09 2712.92

Word of the Day:

The Federal Reserve System (also known as the Federal Reserve or the Fed)

The Federal Reserve is the US’s Central Bank. It was created on December 23, 1913, as a response to a series of financial panics. The System consists of a seven-member Board of Governors based in Washington, D.C., and twelve Reserve Banks located in major cities throughout the US. The members of the board and the twelve Reserve Banks meet monthly to determine the country’s monetary policy.

Dinner or Drink:

Mango Mai-Tai

1.5   Oz Captain Morgan Parrot Bay® Mango

0.25 oz. orgeat syrup

0.5 oz. pineapple juice

0.5 oz. lime juice

0.25 oz. Grenadine

1 pineapple wedge(s)

Add lime juice, pineapple juice, orgeat syrup, grenadine and Captain Morgan Parrot Bay Mango.

Shake with ice and strain into an ice-filled hurricane glass.

Garnish with pineapple wedge.


Mar 19



A federal investigation into Wells Fargo has broadened and now includes the bank’s wealth-management division. The Justice Department is now investigating whether Wells Fargo employees made inappropriate recommendations, referrals, or failed to inform customers about potential conflicts of interest. Wells Fargo is still wrestling with the aftermath of a scandal in its retail banking unit in which, employees opened up millions of fake banks account without customer authorization.

Swipe Right

Tinder’s parent company Match Group is suing its competitor female friendly Bumble of patent infringement and stealing trade secrets. On Friday, Match filed a lawsuit claiming Bumble is virtually identical to Tinder, the app that made “swipe right” poplar. The complaint also says Bumble co-creators are ex-Tinder employees and Bumble’s new features were learned of and developed confidentially while at Tinder. Bumble, which launched in 2014, differentiated its self as the app where only women could make the first move.


Asia: Asian stocks closed mixed on Monday as investors look ahead to this week’s Federal Reserve meeting.

Europe:  European shares closed higher as investors tried to shake off concerns surround trade and political disruptions.

U.S: U.S. markets closed higher on Friday despite raising trade tensions. DJIA: +72.85 24,946.51 Nasdaq: +0.25 7481.99 S&P:+4.68 2,752.01

Word of The Day:

Quantitative Trading

A trading strategy based on quantitative analysis, which relies on mathematical computations and number crunching to identify trading opportunities. Generally used by financial institutions and hedge funds where the transactions are usually large involving the sale of hundreds of thousands of shares.

Dinner or Drink:

Mellon-Berry Mist

  • 1-part Midori® Melon Liqueur
  • 1-part Pinnacle® Original Vodka
  • 1-part Cranberry Juice
  • 3 – 4 Strawberries
  • 1 Cucumber

Muddle a few strawberries and two thick round slices of cucumber well, add the remaining ingredients and shake with ice. Double strain into a chilled cocktail glass and garnish with a strawberry and cucumber wheel.

Like our drink, click here for more.


Mar 13


Take Me Out To The Ballpark

Facebook will exclusively broadcast 25 Major League Baseball afternoon games throughout the 2018 season as part of a new steaming partnership between Facebook and MLB.

The games will steam on Facebook Watch live streaming platform through the MLB Live show page. The agreement marks the first time Major League Baseball has sold rights for games to be air solely on a digital platform. The 25 games will not air on participating regional sports networks. The first game will air on April 4 at 1:10 p.m. ET featuring the Philadelphia Phillies and the New York Mets.

Strike A Pose

Apple Inc. will acquire Texture, a digital magazine subscription service that lets users subscribe to more than 200 magazines for $9.99 a month. Texture’s magazine catalog includes Entertainment Weekly, Billboard, Vanity Fair, and Bloomberg Businessweek. The deal may help Apple boost relations with news outlets that have become wary of Facebook Inc. and Google.


Asia:  Asian stocks ended mixed on Tuesday as investors look forward to the release of U.S. inflation data later day.

Europe: European indexes closed higher on Monday as markets tried to shake off tariff concerns and focus on the individual stocks.

U.S: U.S markets closed lower on Monday as trade war fears had investors climbing the wall of worry.  DJIA: -156.92 25178.82 Nasdaq: +27.51 7588.32 S&P: -3.54 2783.03

Word of The Day:

Call Option

An agreement that gives an investor the right, but not the obligation, to buy a stock, bond, commodity or other instrument at a specified price within a specific time.

Dinner or Drink:

Irish Cocktail

1 1/2 oz. Irish whiskey
1/2 oz. Pernod® licorice liqueur
1 dash maraschino liqueur
1/2 oz. White Curacao liqueur

Mix everything in a cocktail shaker with ice. Serve in a chilled cocktail glass

Like our drink today, click here for more.

Mar 12


I’m Outta Here

Longtime Dow Chemical head honcho Andrew Liveris announced he plans on stepping doen next month, ending a nearly 14-year tenure that culminated with the merger with DuPont. Mr. Liveris will relinquish his role as executive chairman on April 1. With Liveris departure, his Co-lead director Jeff Fetting will assume the role of executive chairman of DowDuPont. The company is expected to break the two companies apart soon after Liveris leaves. Liveris lieutenant Jim Fitterling will become chief executive of the materials-science company, to be called Dow, once the break up takes place.

Closing Time

According to Bloomberg News, Toys “R” Us may be planning to liquidate its bankrupt U.S. operation as the retailer has yet to find a buyer or secure a restructuring deal with its lenders. The chain filed for bankruptcy in September with the goal of finding protection from its creditors before the holiday season. Providing some reassurances to its vendors it would be able to pay for merchandise for the holiday rush. But the holidays didn’t pan out as the company had hoped. In January, the company announced it would shutter around 180 underperforming locations round the country. Drowning in debt, Toys “R” Us failed to invest I e-commerce and new initiates that would have helped it remain competitive with other rivals and Amazon.


Asia: Asian markets closed higher on Monday after Friday’s expectation beating jobs report.

Europe: European shares closed higher on Friday after the NFP reports showed stronger than expected job creation.

U.S: U.S. indexes closed higher as an upbeat February jobs report eased investor’s concerns that inflation is accelerating. DJIA: +440.53 25,335.74 Nasdaq: +132.86 7560.81 S&P: +47.60 2786.57

Word of the Day:

Business Cycle

The periods of expansion or recession that an economy experiences over time.

Dinner or Drink:

Brazilian Iced Chocolate Coca-Cola

2 Oz unsweetened chocolate
1/4 cup sugar
1 cup double-strength hot coffee
2 1/2 cups milk
1 1/2 cups Coca-Cola® chilled

In the top of a double-boiler over hot water, melt the chocolate squares. Stir in the sugar. Gradually stir in hot coffee, mixing thoroughly. Add the milk and continue cooking until all particles of the chocolate are dissolved and the mixture is smooth, about 10 minutes. Pour into a jar. Cover and chill. When ready to serve, stir in the chilled Coca-Cola. Serve over ice cubes in tall glasses. For a beverage, top with whipped cream. For a dessert, add a scoop of vanilla ice cream. Makes 5 cups.

Like our drink today, click here for more.


Mar 10


Now Hiring

On Friday, the Department of Labor released its monthly jobs report. According to the report the overall economy added 313,000 jobs in February blowing away analyst expectations. The unemployment rate is at 4.1%.

We’re Growing

Nordstrom is growing. On Thursday, the company announced it has purchased two digital retail startups. BevvyUp is a platform that allows sales associates to communicate with each other and encourages shoppers to share information with each other as they browse items on online. The company plans to integrate the digital selling platform into its new mobile app for Nordstrom’s employees. MessageYes offers brands an outlet to text their customers, leverage artificial intelligent and integrated payments. The company hopes its two new acquisitions will help realign its store footprint and equate to more traffic to the big box retailer.


Asia: Asian markets closed higher on Friday following news President Trump has agreed to meet with North Korean.

Europe: European shares closed higher after the European Central Bank (ECB) kept its interest rates unchanged at a meeting on Thursday but dropped its easing bias.

U.S: U.S shares closed higher on Thursday after President Donald Trump implemented steel and aluminum import tariffs that excluded Canada and Mexico, two key U.S. trade partners. DJIA: +93.85 24,895.21 Nasdaq: +31.30 7,427.95 S&P: +12.17 2,738.97

Word of The Day:

Monetary Policy

The actions of a central bank, currency board, or other regulatory committees which determine what the size and growth rate of a countries money supply, in turn affecting that countries interest rates. Monetary policy is maintained by increasing or decreasing interest rates or changing the amount of money banks need to keep in their vaults (aka bank reserves).

Dinner or Drink:

Brazilian Iced Chocolate Coca-Cola

2 Oz unsweetened chocolate
1/4 cup sugar
1 cup double-strength hot coffee
2 1/2 cups milk
1 1/2 cups Coca-Cola® chilled


In the top of a double-boiler over hot water, melt the chocolate squares. Stir in the sugar. Gradually stir in hot coffee, mixing thoroughly. Add the milk and continue cooking until all particles of the chocolate are dissolved and the mixture is smooth, about 10 minutes. Pour into a jar. Cover and chill. When ready to serve, stir in the chilled Coca-Cola. Serve over ice cubes in tall glasses. For a beverage, top with whipped cream. For a dessert, add a scoop of vanilla ice cream. Makes 5 cups.

Like our drink today, click here for more.

Have a safe and wonderful weekend!




Mar 8


Now Hiring

On Wednesday, payroll giant ADP released their monthly jobs report. According to the report, the private sector added 235,000 jobs in February. On Friday, we will learn how many jobs the overall economy added in February when the Department of Labor releases its monthly NFP report.

I Want A New Drug

U.S health insurer Cigna announced it will buy pharmacy benefit manager Express Scripts for $67 billion cash and stock deal. Express Scripts shareholders will receive $48.75 in cash and 0.2434 shares of stock of the combined company, amounting to $96.03 per share owned. The deal follows the $69 billion acquisition of health insurer Aetna by drugstore chain CVS. Both deals reflect a move toward vertical consolidation where members of a supply chain combine.


Asia: Asian markets closed higher on news their maybe exceptions to President Trump’s new tariff plan.

Europe: European shares closed higher after the EU threatened to add tariffs to U.S. products.

U.S: U.S indexes fell on Wednesday as investor reacted to the departure of Trump’s economic advisor and the growing possibility of a trade war. DJIA: -82.76 24,801.36 NASDAQ: +24.64 7396.65 S&P: -1.32 2726.80

Word of The Day:

Credit Rating

An assessment of a corporation, state, or provincial authority, individual, or sovereign government creditworthiness in respect to a particular debt or financial obligation.

Dinner or Drink:

Apple Fizz

2 oz. apple brandy
4 oz. apple juice
1/2 tsp fresh lime juice
1 oz. soda water

Pour the apple brandy, apple juice and lime juice into a highball glass almost filled with ice cubes. Stir well. Top with soda water, garnish with a slice of lime, and serve.



Mar 7


Where’s the Beef…

McDonald’s is freshening up its Quarter Pounder.  By May, the fast food giant will make all quarter-pound hamburgers with fresh beef. The move comes as McDonalds, like its competitors, seek to please customers who want less processed food. At the same time McDonald’s is trying to position itself as the go to for inexpensive breakfasts and sandwiches. McDonald’s is facing steep competition from fast-casual chains such as Shake Shack that have gained popularity with customers who are willing to pay more for meals they see as higher quality.

Your Smart

Credit rating agency S&P Global is buying technology startup Kensho Technologies for around $550 million, in the latest sign Wall street is embracing Artificial Intelligence. Kensho, based in Cambridge MA, uses AI to provide data to financial institutions. The company was founded in 2013 by former employees of Alphabet Inc., Facebook, and Twitter. According to S&P Global Kensho’s capabilities are critical to the company’s desire to be at the forefront of the technology transformation taking place within the financial markets.


Asia: Asian stocks closed lower on Wednesday following news Trump’s top economic advisor had resigned.

Europe: European equities finished Tuesday slightly higher, as investors appeared to shrug off concerns over a potential trade war.

U.S: U.S. markets closed mostly flat as President Trump’s tariff plan faces major push back. DJIA: +9.36 24,884.12 NASDAQ: +41.30 7372.01 S&P: +7.18 2728.12

Word of The Day:

Asset Classes

A group of securities that have similar characteristics, behave similarly in the markets, and are subject to the same laws and regulations. The three main asset classes are equities (stocks), fixed-income (bonds), and cash equivalents (money market instruments).

Dinner or Drink:

Black Metal

1 oz. whiskey

1 oz. dark rum

2 oz. coffee liqueur

Pour over ice cubes in a whiskey sour glass. Stir, and serve.





Mar 5


We Like You

Europe’s second-largest insurer AXA has agreed to buy Bermuda-based XL group for $15.3 billion. The price is a 33 percent premium, to Friday’s closing price. The deal will be financed with debt, credit, cask and the proceeds of the IPO of its U.S business. Insurer are turning to takeovers to help strengthen their business as they continue to face tougher regulation and failing returns. The deal comes just a month after American International Group announced it would buy insurer Validus for around $5.6 billion.

New Kid…

Amazon is in talks to build a chucking account like product with big banks including JP Morgan Chase. The project is still in the early stages and may not come to fruition. The talks are focused around creating a product that would appeal to the younger customers and those without bank accounts. If the Amazon can design a new banking product it would further inject the company into the daily of lives of its customer’s. Offering an Amazon branded bank account could help reduce fees Amazon pays to firms and provide the company with valuable data on customer’s income and spending habits.


Asia: Asian indexes closed lower on Monday as Chinese leaders headed into its annual parliament meeting.

Europe: European shares closed lower on Friday after President Trump’s tariff announcement spooked markets.

U.S: U.S markets closed out the week mostly higher as investors react to news the U.S. will levy tariffs on steal and aluminum. DJIA: -70.92 24,538.06 NASDAQ: +77.31 7,257.87 S&P: +13.58 2,691.25

Word of The Day:

EAFE Index

An index created by Morgan Stanley Capital International made up of 21 major European indexes. The index serves as a benchmark of performance for major international equity markets. As the S&P 500 is used as the benchmark to gauge American stocks, EAFE is used to gauge International stocks.

Dinner or Drink:

Green Haze

  • 1/2 part  Aged Dark Rum
  • 1/2 part Blue Curacao Liqueur
  • 1/2 part  Coconut Rum
  • 1/2 part Melon Liqueur
  • 4 parts Pineapple Juice
  • Splash Sweet and Sour Mix


Build over ice in a cocktail shaker. Shake and strain into a shot glass.

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