When the economy was at its trough, employees didn't mind giving up perks and working harder, because at least they still had jobs. But now things have changed: Corporations earned a record high $1.75 trillion in the third quarter of 2012, and compensation for top executives has climbed even as wages for rank and file have stagnated.
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"You don't know what was explained to him and you don't know what his choices were," said Christina Mason, a partner at Kelley Drye Warren. "Probably three quarters of people approach it in the most tax efficient way, but the others don't." From what's been revealed about his estate, Gandolfini seems to have been in the latter camp, she added. "On the face of it, it looks as though it's very tax inefficient."
1. Imitation. As is the case with other momentum stocks like Open Table (OPEN) and Netflix (NFLX), Lululemon doesn't have a sustainable competitive advantage, as it has no barriers to entry to keep the competition out. Already Gap (GPS), Nike (NKE), and Nordstrom have developed their own yoga athletic gear, and compete head to head with Lululemon. Nordstrom (JWN), for instance, is selling similar gear 30 percent below that of Lulumon, while "Nike and Gap offer also are following Lululemon's practice of tapping into yoga's spiritual ethos, an effort that makes customers feel that they're part
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We're keeping most of our powder dry, but licking our chops at some of the short opportunities that are setting up. If the rally fizzles and fear comes back into the market again, the reset caused by Friday's massive push higher could give us some great entry prices along with plenty of room for bearish trends to run.
There is a broader cultural shift under way. Americans' attitudes about marijuana are changing, a survey published last month by the Pew Research Center for the People and the Press found. For the first time, a majority of Americans support legalizing pot. Half of Baby Boomers and roughly two thirds of millennials say marijuana should be legalized, and just under half of Americans say they've tried it.
Markets Tuesday, wiping out their gains for the month. It looked bad from the start. Indexes began sliding from the opening bell, trailing markets in Asia and Europe, which were rattled when the Bank of Japan decided not to take any new steps to spur growth in the world's third largest economy.related articles:
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