To Seattleites, the initials EMP stand for Experience Music Project, funded and founded by Microsoft co-founder and mega-billionaire Paul Allen. But to those of you who recall our May 19th EVA, it has a much more ominous meaning: Electromagnetic Pulse.
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.
Since the global financial crisis erupted nearly 10 years ago, central banks have drenched the financial system with more than $10 trillion. One of the many consequences of this gigantic money deluge has been the dampening of cyclicality for both the financial markets and the economy.
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.