In The Headlines The Gig Economy Keeps Growing On-demand work helps Americans offset losses or boost pay according to a new study by the JPMorgan Chase Institute. An estimated 10.3 million Americans earned income through web-based platforms like Uber and Airbnb between 2012 and 2015, demonstrating that there is a job [...]
In The Headlines Under One Roof: Multigenerational Homes Grow in Popularity Miami-based builder Lennar is offering a new type of house these days called a “NextGen” home. The brand is doing very well for Lennar, which has made a heavy push into the multigenerational housing segment. Year-over-year, sales of NextGen grew [...]
In The Headlines Payday Lenders Race to Make Changes Ahead of New Regulations Getting cash-strapped people into very expensive debt has been a good business for Matt Martorello. His company, Bellicose Capital, helps an American Indian tribe in Michigan run websites that offer small loans to the public at annualized interest [...]
In The Headlines Unlocking the Box: The FCC Proposes to Open Up the Future of TV The cable TV industry is being disrupted in a variety of ways, thanks to the rise of “cord cutting” and the popularity of streaming services like Netflix. But there is one area where the cable [...]
In The Headlines Does the Melting of the Arctic Represent a $1 Trillion Opportunity? The melting of the Arctic ice cap, and the unveiling of resources below it, presents mind-boggling opportunities for energy, shipping, fishing, science, and military exploitation. Energy and shipping have been first up. Norway made its national fortune [...]
In The Headlines Large Department Store Chains Rethink their Focus on Apparel Consumers are spending more on experiences, from travel to a meal out, which is chipping away at sales of tangible things, like clothing. And when shoppers do buy apparel, they are gravitating to off-price retailers such as T.J. Maxx [...]
The Rich Are Different Back in the Gilded Age, an ambitious social climber and noted toady named Ward McAllister coined the phrase "the Four Hundred," named for the number of people that Manhattan heiress Caroline Astor could fit in her Fifth Avenue ballroom. In 1982, Forbes magazine borrowed that same number [...]
In The Headlines High Yield Debt Market Woes: Echoes of 2008? A day after a prominent Wall Street firm shocked investors by freezing withdrawals from a credit mutual fund, things only got nastier in the junk-bond market. Prices on the high-risk securities sank to levels not seen in six years and, [...]
In The Headlines Amazon’s Prime Threatens Walmart and Target According to a new survey, there are now nearly 41 million members of Amazon.com’s Prime. The program keeps attracting more and more members, and new data from Wall Street firm Cowen & Co suggests the subscription service is getting stickier, posing a [...]
Uncle Sam, Knowing When to Hold'em Last month, millions of fans across America sat down in front of their televisions to watch the Kansas City Royals beat the New York Mets, 4 games to 1 in baseball's World Series. But few of those fans would ever dream they could suit up [...]
Securities and Registered Investment Advisory Services offered through Silver Oak Securities, Inc. Member FINRA/SIPC. Black Oak Asset Management and Silver Oak Securities, Inc. are not affiliated.
Check the background of this firm on FINRA’s BrokerCheck
© Copyright Black Oak Asset Management. All Rights Reserved
