March Madness

03/22/24 • 10 min

It's that time of year again: The NCAA tournament. The big dance in college basketball. Practice is over. Proper preparation is key. It's the time for performance. Anything can happen. Win or go home. Titans tend to reign. But Cinderella stories are also born. It's an event like no other. It's March Madness...

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All About AI

I was in Arizona this week for strategy sessions with Schwab. There were over 150 firms represented from across the country congregating together to discuss industry issues and opportunities. The focus was both on today and, even more so, tomorrow. The future is clearly now....

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TGI-Good Friday: Hot Chocolate

That sweet tooth is getting increasingly more expensive to satisfy. The culprit this time: Chocolate. Cocoa prices have tripled since last year due to a bean disease in West Africa. It's not looking like prices will come down anytime soon. Cocoa supplies are down drastically. There’s no quick nor easy fix. Production has been curbed by severe weather and the crop disease in both Ghana and the Ivory Coast. Together, these nations are responsible for roughly 70% of global Cocoa production. Nearly 5 million tons of Cocoa were produced around the world last year. Supply shortages sent Cocoa futures prices surging well past $10,000 per metric ton this week. The price has increased 50% this month alone. In fact, Cocoa beans are now more expensive than Copper. That’s some hot chocolate...