What the Big Mac index tells you about currency wars
Body of Knowledge Thought Food

What the Big Mac index tells you about currency wars

Despite a recent bout of weakness, the dollar still looks strong. Consider the Big Mac index, our lighthearted measure of currency valuation. Of the currencies of the 20 trading partners studied by America’s Treasury, our measure suggests that all have gained relative to the greenback since July, but that all apart from the Swiss franc…

Know what?  So what…
Body of Knowledge

Know what? So what…

There was a recent post in the Operational Excellence Group that I own on LinkedIn.  The post was about the National Aeronautics and Space Administration’s (NASA) Lean Six Sigma program and the benefits that were realized.  The person who created the post was rather excited that the program had saved NASA $1.3 million. Reading this…

State of Readiness; Tyrone Muse, Visions Federal Credit Union
Podcasts

State of Readiness; Tyrone Muse, Visions Federal Credit Union

I welcome Tyrone “Ty” Muse to this episode of State of Readiness.  Ty is the CEO and President of Visions Federal Credit Union, a not-for-profit financial institution with $4.2 in assets and he will share the journey of his career from working with Jack Welch at GE Asset Management, to PriceWaterhouseCoopers, and Goldman Sachs.  But…

Blockchain for Business, Or: Things to know before you try
Body of Knowledge

Blockchain for Business, Or: Things to know before you try

Before I built a wall I’d ask to know What I was walling in or walling out, And to whom I was like to give offence…. Good fences make good neighbors — Robert Frost, 1914 In this article, I explore possible uses of blockchain technology in non-financial businesses. Possible uses because the technology and supporting…

Recharging economies: The EV-battery manufacturing outlook for Europe
Thought Food Body of Knowledge

Recharging economies: The EV-battery manufacturing outlook for Europe

McKinsey & Co means that as the uptake of electric vehicles (EVs) increases, the EV-battery market represents an opportunity for European players. This thoroughly revealing article assesses the potential and looks at factors guiding the location of production capacity and might be ever-relevant insofar as it is so far untapped, and a potential great opportunity…

Should the world worry about America’s corporate debt mountain?
Thought Food Body of Knowledge

Should the world worry about America’s corporate debt mountain?

Should the rest of the world look again at America regarding Household debt? Seeing that it has been shrinking relative to the economy ever since it scuppered the financial system… However, since 2012, corporate debt has been doing the opposite. According to the Federal Reserve, the ratio of non-financial business debt to GDP has grown…