In one of the most surprising plot twists in e-commerce history, technology giant Amazon.com piloted a physical bookstore concept in late-2015. Dubbed Amazon Books, the retailer, which started as an online store to compete against the likes of Barnes & Noble and now-defunct Borders, entered the same brick-and-mortar space that many argue they are helping destroy.
This week’s EVA brings a special opportunity for Evergreen to sit down with Nordstrom’s Co-President, Erik Nordstrom, and ask ten questions on the future of retail.
Much has been written in this publication’s pages about “ETF-mania” and the rise of passive investing. In fact, devoted readers need not look farther than last week’s Pull It Together (Part II) EVA to read a quick synopsis of Evergreen’s belief that the passive fad is sure to end poorly.
The US has been a terrific place to invest since 2009. In fact, looking at one of the charts we presented in last week’s Infographic EVA, the S&P 500 has outperformed MSCI Asia Pacific by 101%, MSCI Europe by 107%, and MSCI Emerging Markets by 132% during that timeframe.
Much has been written in this publication’s pages about a forthcoming correction to the aging bull market. Last month, we wrote briefly about the first visible signs of chink in the armor when, on May 17th, the Dow Jones and S&P retracted -1.8% over reports that President Trump tampered with a federal investigation.