Core Businesses Still Very Weak At Citi And B of A

I’m a big fan of used car retailer CarMax (KMX) – which reported earnings Tuesday morning. The company did a good job managing the brutal macro environment – and investors sent shares up 10% yesterday – but there’s only so…

Techno-utopianism underlies much of the tech industry here in the Silicon Valley where I grew up and currently reside; a belief that technological innovation can ultimately solve all human problems. In other words, whatever ails you: There’s an app for…