a picture was painted in court of a man with nothing to show for his glittering sporting career, a man with chaotic finances, with no future earning potential, whose reputation lies in tatters. unknown and unseeded, becker forged an instant bond with the british public in 1985 when he won wimbledon atjust 17, the youngest man to then do so. during his 14 year career, he won a total of 49 singles titles, six of them grand slams. it made him a rich man, with a successful stint as a pundit and novak djokovic s coach afterwards. but boom boom was soon bust. expensive lifestyle commitments, including a high profile divorce and payments for a child conceived from a night with a russian model at a london restaurant, saw him in financial trouble. career earnings of £38 million were gone, and a tax evasion and bankruptcy case followed. i think today, the tennis world is a little bit sad about what s happened. when you see somebody who was such a great talent and had so much to offerm
takara small, a business and technology reporter, gave me her analysis. well, you mentioned the dreaded r word, recession. there are a lot of investors who are looking at what s to come down the pipeline. and really, ithink, concerned about what is happening in ukraine, and what is happening in china which is limiting supplies and commodities, and of course we are seeing that there likely is a hike in interest rates around the corner. all of that together could spell trouble for the economy. let s touch on the nasdaq in particular, 13 points down, this is mostly tech companies what does this tell us about faith in some of these bigger, safer tech companies netflix, amazon, apple and so on? well, netflix saw a huge drop recently this week, as well as amazon which did not meet expectations, that has been a cash cow that has been a reliable stock for many people. i think a lot of companies, a lot of investors got really used to this boom we saw during the pandemic, where there was a l
in a very targeted area. but you have to remember these tech companies rely on certain materials and supplies that are often coming from china, or coming from ukraine. and again, russia has been completely cut out of the global commodities as well. so i think a lot of people are seeing that the tech companies themselves are seeing higher costs, and that spells trouble and will be passed on down the line to consumers. let s talk more about that. what impact will this have day to day on regular consumers in the us? i m glad you asked, i think consumers tend to be left out of this conversation. right now consumer spending seems to be somewhat stable, but that will change, especially with interest rates that are likely going to increase, the federal reserve has said quite blatantly that that is around the corner. you have inflation, and you have a troubling job market at the same time, it means people will be pulling back and not spending as much on things that are not essential. again, ne
well, you mentioned the dreaded r word, recession. there are a lot of investors who are looking at what s to come down the pipeline. and really, ithink, concerned about what is happening in ukraine, and what is happening in china which is limiting supplies and commodities, and of course we are seeing that there likely is a hike in interest rates around the corner. all of that together could spell trouble for the economy. let s touch on the nasdaq in particular, 13 points down, this is mostly tech companies what does this tell us about faith in some of these bigger, safer tech companies netflix, amazon, apple and so on? well, netflix saw a huge drop recently this week, as well as amazon which did not meet expectations, that has been a cash cow that has been a reliable stock for many people. i think a lot of companies, a lot of investors got really used to this boom we saw during the pandemic, where there was a lot of consumer spending in a very targeted area. but you have to remembe
takara small, a business and technology reporter, gave me her analysis. well, you mentioned the dreaded r word, recession. there are a lot of investors who are looking at what s to come down the pipeline. and really, ithink, concerned about what is happening in ukraine, and what is happening in china which is limiting supplies and commodities, and of course we are seeing that there likely is a hike in interest rates around the corner. all of that together could spell trouble for the economy. let s touch on the nasdaq in particular, 13 points down, this is mostly tech companies what does this tell us about faith in some of these bigger, safer tech companies netflix, amazon, apple and so on? well, netflix saw a huge drop recently this week, as well as amazon which did not meet expectations, that has been a cash cow that has been a reliable stock for many people. i think a lot of companies, a lot of investors got really used to this boom we saw during the pandemic, where there was a l