Financial Services Industry Report -- What will happen in the next ten years?
Ten years can seem like a long time in the financial industry -- recall how what seems like eons ago, but really was only a few years in historical time, when "the dot-com boom brought home how trend-conscious investors can be," regarding stocks. Regardless, the shaky performance of today's current 'recovered' economy, because of the skyrocketing price of oil and an uncertain economic future means that new investment strategies and relations with financial institutions are necessary both in the short-term and with an eye upon ten years in the future. True, "it's been a recovery year, but not one that's been broad in industry specifics," notes FBR Financial Services' Dave Ellison in a recent interview with TheStreet.com's Ian McDonald. (McDonald, 2004)
Ellison believes that in ten years, or even in ten months the big "brokerages and investment banks," won't be "riding high." Smaller and more boutique-style financial services are coming to t he forefront, because customers want more personal relationships with their financial services providers.
Investment strategies are become more diverse and tailored...
Clearly, Republic holds very low inventory levels. Waste Management holds high inventory levels, with the industry average falling in between. This relatively inefficiency has certainly not hurt Waste Management, though, judging by the other aspects of its financial performance. Analysis of External Environment While nationwide there are 15,000 firms in the waste services industry, in any given market Waste Management will have only a small handful of competitors. Most of these
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