Using Veritas to Construct the "Per…

29-04-2017 Hits:87246 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:81160 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:81006 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:85476 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:81976 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:84158 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:55222 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:83424 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:83162 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:83053 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:89312 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:87025 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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 A sign of the times. Keep my comments on GGP's s latest results in mind when reading this aricle from Boston.com:

NATICK - On a recent spring day, Neiman Marcus is a ghost town. Almost everything is on sale at Calvin Klein. Gucci has delayed its opening several times, and Italian designer Piazza Sempione has bailed on its lease entirely.

The highly anticipated Natick Collection, a suburban bastion of luxury shopping where some rents are higher than coveted Newbury Street, is off to a slow start, according to retail analysts, store owners, managers, and employees at more than a dozen stores.

Some merchants blame the weak traffic on a potential recession and anemic consumer spending. Indeed, across the country retailers are seeing fewer shoppers, shutting stores, or filing for bankruptcy as people pull back on discretionary spending and worry more about paying for basics like milk and gas.

Yet others say the problem may go even deeper, that high-end designers and top-notch fashion in the suburbs simply haven't caught on. Natick was supposed to be the next fashion frontier, debuting the state's first Nordstrom and first suburban Neiman Marcus as part of a multimillion-dollar 500,000-square-foot expansion that opened last fall.

But the hype has fallen short in this town 20 miles west of Boston. After a brisk holiday season, traffic has slowed, on some days, to a near standstill, merchants say. The older part of the mall, which features sta ples like Macy's and Gap, still sees a crush of shoppers on the weekends, they say. And while Nordstrom is popular, much of the vast new wing - with soaring skylights, concierge service, and fake birch trees - often remains empty.

"We had a rough winter," said Betty Riaz, owner of trendy boutique Stil, who pays upwards of $100 per square foot for the Natick store, which is more than her Newbury Street shop. "It's been quiet. Even if you have money, you may not have taste. We have to educate our customers on style. It's hard. I thought it would be easier in Natick."

General Growth Properties, which runs the mall, said it has not heard concerns about sluggish sales and that the slowdown in consumer spending and luxury shopping has not had an impact on the mall. Michael McNaughton, General Growth's vice president for asset management Northeast, said business at stores in the original part of the mall has "grown tremendously" since the expansion opened last fall, and that the new wing has exceeded expectations. But he declined to provide specific traffic or sales numbers.

McNaughton disputed the suggestion that Natick wasn't ready for high fashion, but added: "Not every retailer is for every customer."...

...

Retail analysts say General Growth may have misread the demographics and overestimated the reach of the shopping center. While there is ample wealth in this region - the average household income is about $110,000, nearly double the state average - there is still a culture of buttoned-up Yankees who aren't accustomed to indulgent spending on luxury goods, according to Madison Riley, a retail analyst at Kurt Salmon Associates in Boston. And the younger moms paying attention to fashion are more likely to buy a Burberry blanket for their baby carriage than $350 designer jeans for themselves.

"There has been a culture in the Boston area of that Yankee thriftiness, even when one had money," Riley said. "That's changed in the city of Boston but the mentality still resides in the suburbs, and that is impacting Natick."

Boston, with its influx of tourists, wealthy empty-nesters, and stylish yuppies, has had better success proving its fashion sense, keeping busy new stores like Jimmy Choo and Gucci. Fashionistas on the North and South shores are also more likely to hit the Boston Neiman Marcus and the shops on Newbury, rather than head out to the western suburbs, according to Mike Tesler, president of Retail Concepts, a consultant firm in Norwell who was not involved in the project.

The combination of Gucci's multiple delays, the pullout of Piazza Sempione, and other vacancies in the new wing has worried some retailers about the future of the mall. Gucci would not comment on the reasons behind its delays, and Piazza Sempione would only confirm that it had backed out of the lease in Natick.

Tesler, who recently visited Natick Collection for a business lunch, said only three other cars were parked in the new premium lot, which charges $5 and is closer to the luxury wing. Over the five times he's visited the mall in recent months, the number of cars in the lot has decreased with each trip.

Several Neiman Marcus employees, not authorized to speak publicly to the Globe, complained of very slow sales and Neiman bosses instructing employees to make calls to the same customers two to three times a week to seek more business.