Presidential Election and The Economy

In the first article, Forbes states that the stock market increases when an incumbent party won based on past statistics regardless of the political party. For example, the average Stock Market return when an incumbent party won increased 15.1% and decreased 4.4% when the incumbent party lost. Also, the average Stock Market return increased by 7.6% during the president election years overall. When a republican won, the average Stock Market returned increased 10.3%. When a democrat won, it increased 3.9%.  Based on these statistics, I have learned that the presidential election have impacted the financial markets in a negative way. During the presidential elections, the stock market usually decreases. I think the stock market increasing during the presidential elections is a good thing. It can also be a negative thing if it goes down. It will either help continue to provide growth in our economy or end up hurting our economy. In the second article, Tim Lucas states that the prediction for the housing market during the presidential election is uncertain. Since the stock market and economy are usually decreases, this can also affect the outcome of the housing market. There is a lot of uncertainty involved as both candidates running in the election are not a party of the incumbent party. Experts say that the value of homes rises more slowly in election years than in other years. In most cases, the presidential election is causing a negative effect on the financial status of the housing market. I think this is a negative thing and will affect our economy more and more as the years go on. If there is a large decrease in the stock market and housing market, it will cause a drastic effect on our nation’s financial status as a whole. This could lead to many future issues. 

http://www.forbes.com/sites/advisor/2016/08/02/how-will-this-election-affect-the-stock-market/#23207112334e

http://mymortgageinsider.com/how-will-the-2016-election-affect-the-housing-market-and-your-wallet/

Choice Post- 10/21

Fortune Article: Why Walmart’s CEO Is Taking His Billion Dollar Risks

                Walmart’s CEO, Doug McMillon is taking huge risks at in the world’s largest public company. Before it pays off, these changes will cost him millions of dollars.  One change is raising the pay of entry-workers and department managers.  He did this because Walmart was receiving bad reviews and low scores on surveys. Because of these reviews, shoppers were visiting Walmart less. To keep customers away from competition, McMillon is trying to improve the experience customers receive at the stores. Paying employees more will keep them happy, but also increase the Walmart’s yearly costs by over 1 billion dollars. Another change was to offer employees more training. Offering training would attract a different type of worker who are looking for a career, and not just short-term job. To train more employees, Walmart created 200 new training sites.  The final change that McMillon made was buying out Jet.com for 3.3 billion dollars.  He made this change to help Walmart compete with the second-level of online retailing. Because of the risks McMillon took, sales and customer satisfaction are rising.  McMillon is taking huge risks with these very high costing changes but he feels that is the only hope Walmart has left in the retail market.

http://fortune.com/2016/10/20/walmart-ceo-billion-dollar-doug-mcmillon-jetcom/

Fortune Articles

Verizon Won't Drop Yahoo but May Seek Lower Price

1. The Yahoo hacking scandal occurred when Reuters cited anonymous sources and said that Yahoo built secret software to scan email information from many users. 

2. The price tag on the original Yahoo-Verizon deal was 4.8 million dollars.

3. Verizon is investigating whether it caused "material" damage to the company to potentially renegotiate the 8 million dollar price tag.

4. Verizon stroke a deal with Yahoo in July of 2016.

5. Verizon plans to combine Yahoo with its AOL unit to capitalize on the growing online advertising market.

6. Alphabet is an American multinational conglomerate founded on October 2, 2015 which Google is now owned by. 

7. Google and Facebook dominate the online advertising market.

Samsung Discontinues the Galaxy Note 7 Over Fire Concerns

1. The tech debate describes the battery life issues and other problem involving phones getting caught on fire from Samsung's new Galaxy Note 7 cellphone.
2. Samsung discontinued the Galaxy Note 7 after many reports of phones catching on fire.
3. The Galaxy Note 7 had been on the market for less than two months.
4. Samsung is offering to exchange the Note 7's for other products or refund them.
5. Samsung could potentially lose up to 17 million dollars by pulling the Note 7's off the shelves.
6. Samsung's value of their stock went down 8% on Tuesday.
7. The Galaxy Note 7 was supposed to compete with Apple's new iPhone 7.
8. Verizon is not going to market the Note 7 for the holiday season.
9. Verizon is focusing on the new iPhone, the new Google Pixel, and other phones from Motorola.

TOMS Shoes

TOMS Shoes

           An entrepreneur is someone who owns, operates, and takes the risks of a business venture.  A social entrepreneur also owns, operates, and takes the risks of a business venture but seeks social value rather than profits.  One example, Blake Mycoskie, created TOMS to help give kids in need shoes. When he was visiting Argentina, he noticed the lack of shoes that the children were wearing. Blake came up with the concept as he realized that most children did not have shoes which limited their ability to go to school and increased their chances of developing foot diseases. He came up with the name, TOMS, from the word tomorrow. He wants to create a better future for impoverished children.

          TOMS mission statement is “For every pair of shoes that we sell, we will give a pair to someone who needs them. The company is more focused on helping children in need, than the money involved in doing so. TOMS main goal is to raise awareness and support for the kids who need it most.

All About Me

1. I play soccer for Birmingham United and Troy High.
2. I run cross country for Troy High.
3. I traveled to London and Paris this summer.
4. My favorite subjects in school are English and science.
5. I am a sophomore.
6. I have to brother who is a freshman, named John.
7. My favorite season is fall.
8. I enjoy hanging out with my friends in my free time.
9. My favorite food is salad.
10. I enjoy going to the Michigan State football games in the fall with my family.