Below is a map with an estimate of regional growth rates in the U.S. You may find a hover-and-click image by referencing the article titled Americas Next Decade at the Forbes' website.
Who doesn’t what to strive to be a bit more sustainable nowadays? Some of the most respectable companies that have growth and profitability as goals also factor in externalities (costs on society) and the quality of life (note, this is not synonymous with ‘standard of living’) for employees and stakeholders to achieve said growth and profits. Patagonia (an interview with the founder, Yvon Chouinard) and WL Gore (maker of Gore-Tex fabric) are just two companies that are role models for others.
On a more personal level, citizens can put in place legislators who will put forth progressive policies to help achieve better outcomes for their respective communities. I particularly like to reference the policies instituted in Copenhagen, Denmark regarding bicycling (virtually eliminated vehicle street parking; imposed meaningful taxes on purchase and ownership of cars; relatively expensive gasoline; bike tracks separated by physical barriers – not simply painted lines and sharrows; etc.). Also, individuals may choose to be the change they want to see; for examples, bike to work or to do local errands, plant a garden, eat more foods that require less resources to generate, and – well, as the infographic below illustrates – learn how to compost.
Update - Aug. 02, 2013: Read more about the source data and commentary at the ZeroHedge blog post titled "Ten Times More Waiter And Bartender Than Manufacturing Jobs Added In 2013."
According to Thomson Reuters and the DealBook, edited by Andrew Ross Sorkin of the New York Times, the pace of worldwide M&A during the first quarter of 2013 was relatively slow. The summary, highlighted below, reflects announced transactions and ranks them by value. Goldman Sachs is on top of Thomson’s League Tables in both number and value of announced deals in the quarter.
For those who want a free, interactive graphic regarding investment banking activity, then reference the Investment Banking Scorecard compiled by Dealogic and the Wall Street Journal.
And, lastly, for a comical perspective on League Tables, spend a few minutes to read The iBanker’s blog titled “Lies, Damned Lies and League Tables.” The art of presentation, however, is nothing new to bankers and the most discerning clients.
Yankees, Retired #8
As Yogi Berra once quipped, "a nickel ain't worth a dime anymore."
Below is a chart from the Wall Street Journal and Bloomberg News depicting the purchasing power of a dollar using a Starbucks Latte. It's probably easier to find the source link from a related post by ZeroHedge titled The Starbucks Index - Coffee Price Parity (27 Feb 2013).
Samuel L. Clemens stamp, 1940
November 30th is Mark Twain's birthday, which makes me think of some of his witty quotes such as this one:
“It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.”
Keeping that quote in mind, the webcomic xkcd has a fine infographic cheat sheet of the economic vortex appropriately titled “Money Chart.” It's available in a wall poster, which could make for a unique holiday gift for any finance geeks among you. Also, Chris Turner, a sustainability blogger and author wrote a short article referencing a few interesting sections of the diagram such as cost externalities of electricity (upper right corner; coal).
Land area used for GM crops by country ('96-'09)
Form your own opinion regarding the reasoning behind why some companies prefer transparency in food labeling and others do not.
Selected companies that support GMO labeling:
1) Chipotle Mexican Grill
2) Stonyfield Farm
3) Organic Valley
4) Amy’s Kitchen
5) Lundberg Family Farms
Selected companies that DO NOT support GMO labeling:
2) Mars (M&M’s, etc.)
3) ConAgra Foods (Orville Redenbacher’s, Egg Beaters, etc.)
4) The J.M. Smucker Company
5) Wm. Wrigley Jr. Company
Also, below is a chart from an article titled "These companies don’t want GMOs labeled in California" by Twilight Greenaway published by Grist.com:
Governing.com: Municipal Bankruptcies
Governing provides a dynamic map concerning municipal bankruptcies. It and ZeroHedge offer plenty of commentary, so we won’t regurgitate.
For perspective, however, keep in mind the size of the municipal market is $3.7 trillion.
Also, Warren Buffet has written $16 billion of municipal credit default swaps (CDS), which might imply that he believes the Federal government would step-in to assist certain issuers upon distress (this can happen indirectly - a backdoor bailout - as some are suggesting regarding California's high-speed train plans).
SecondMarket provides a timeline of trades in Facebook (FB)'s common stock since April 2008. If one applies a discount (let’s use 30% for example purposes) to account for a limited supply of shares available via SecondMarket versus a larger supply of shares otherwise available in a publicly traded market, then one could derive a "fair" value of FB in a public market (note 1).
Further, SecondMarket data from 2012 along with a January 2012 tiny venture capital round (only $9.6 million at about $31 per share) seem to have been used and publicized to anchor in a price and valuation to justify the targeted IPO price range. Accordingly, it would be reasonable to consider this data as less reliable and an outlier.
So, using data from the last half or last quarter of 2011 would provide a reasonable benchmark share price in which to apply a discount (or a discount range). A back-of-the-envelope calculation indicates a share price on SecondMarket that averaged about $32. Applying a conservative 30% discount indicates a “fair” share price of roughly $22 if supply were not as constrained as it was on SecondMarket. Given this assessment, the investment bankers apparently earned their commission since they priced the IPO at a 72% premium to the adjusted share price calculated using SecondMarket data.
Our opinion is even at $22 per share, which implies a market capitalization of $60 billion (note 2), FB is considerably “overvalued," especially in light of the most highly valued companies depicted in the chart below and highlighted on InvestmentNews by Mark Bruno.
Regardless, to incorporate a downside valuation range, one might want to further consider the picture highlighted in the upper left above from a ZeroHedge blog title "PeakBook?" that compares search volume between Facebook and Myspace. Or, read a post at Forbes by Mark Evans titled "Warning: Stay Away From The Facebook IPO."
(1) Securities and Exchange Commission. 424(b)(4) Prospectus filing dated 17 May 2012. . Total Class A and Class B shares being offered in the IPO is 421,233,615 or about 20% of actual common shares outstanding as of 31 March 2012 of 2,138,085,037 and 15% of adjusted common shares outstanding after the IPO of 2,741,527,754.
(2) Total Class A and Class B common stock to be outstanding after initial public offering: 2,741,527,754 multiplied by the calculated common stock price per share of $22.
Below is an infographic highlighted by Grist.com depicting the cost of eating healthily. This can also be explained from subsidies for junk food (high calorie, low nutrition) that aid and abet the perpetuation of a health care provider complex.