"The perception isn't the reality," one Chicago barista told Business Insider. Starbucks is at a critical juncture. While the company has consistently increased same-store sales in the US and globally for years, traffic in the second quarter was flat after dropping 2% in the first quarter of 2017 — meaning fewer people are visiting stores.
Billionaire investor Paul Singer has a bleak outlook for Wall Street, and he has built a $5 billion rainy-day fund in preparation for what he describes as “all hell” to break out. On Friday, the S&P 500 index (^GSPC) and the Nasdaq Composite Index(^IXIC)registered records on the same day for the second consecutive session, while the Dow Jones Industrial Average (^DJI) closed out the week just 35 points short of its own all-time high.
Speeding toward financial independence is easier when you know which financial choices can slow you down. "At first blush, buying the latest and greatest version of the ultimate driving machine may seem like a value worthy of your hard-earned money," says California financial advisor Anthony M. Montenegro of Blackmont Advisors.