We all know how Amazon is dominating the retail sales world. They can cause the stock valuations of an entire business sector to plummet just by sticking their toe in a new business category (see grocery and pharma). So who is going to challenge them? My bet is Walmart. Walmart has more cash flow and as much data on their customers as Amazon does. They are spending billions on technology and they know how to segment their business better than anyone. I also happen to know that they hired away some of the same marketing geniuses that helped reinvent Target from a dying brand to a modern enterprise. While Amazon may currently have the edge on technology, Walmart is ahead on actual engagement with one of the most influential U.S. consumer segments — the Latino demographic. Jeff Bezos is one of the smartest leaders in business today, but I wouldn’t count out the largest retailer in the world just yet.
The large majority of undocumented immigrants are decent, hard-working people desperate for a better life in America. However, there are also some bad apples, violent criminals that not only terrorize our communities but also damage the image of Latinos in America. Trump promised to prioritize criminals in his deportation plans. In the first few weeks in office, the data shows that...
When the government tries to tackle a specific issue with a policy, it often causes new variations of the problem to emerge in different areas. In other words, "any action has an equal and opposite reaction." When taxes and regulations are reduced, as is expected in 2025, two things tend to happen: those at the bottom economically have it tougher because there are fewer safety nets and protections. Those at the top make a killing.
Next week, I will be speaking at a Hispanic Leadership Summit at the United Nations. I was asked to speak on the topic of Unity. The following is a preview of my speech.