The good news is, the wireless carriers’ losses have finally started slowing. But here’s the next problem: I do not expect the growth rate to accelerate as it has in the past, for one important reason: Wireless is no longer a growth industry.
Markets tend to be most volatile when unexpected events occur. In 2022, the surprises were bearish. In 2023, the odds favor bullish surprises.
Over the holidays, thousands of Americans lived out a real-life version of Planes, Trains and Automobiles, the 1987 comedy that saw Steve Martin and John Candy trying to combat flight delays and cancellations and make it home in time for Thanksgiving dinner. Unfortunately, many travelers didn’t experience the Hollywood ending they may have hoped for, […]