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MBJ FEATURE

BRIAN ESTES — Why high net-worth individuals should allocate to commercial real estate

High net-worth individual investors are currently faced with a dilemma on allocating their portfolio between stocks, bonds and alternative investments, including commercial real estate. The stock market has roared back over the past several years with double-digit returns for most investments based on several economic factors, including confidence that President Trump’s tax policies will be advantageous to investors. However, there ...

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‘Moveable feast’: food hall debut attracts throngs

By JACK WEATHERLY “It was the hardest soft opening ever. It was crazy,” said April Baucum, a mixologist at the Gold Coast Bar. She was not alone in that sentiment. She was helping to hold down one of the nine vendorships in the new Cultivation Food Hall. Friday and Saturday were supposed to be the “soft days,” leading up to ...

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Take the long view regarding stock market volatility

By BECKY GILLETTE In December 2018, U.S. stock markets had their worst performance since 1931. The Dow Jones had its worst Christmas Eve on record. While those facts are very concerning, Mississippi investment advisers are recommending clients stay the course and avoid the temptation to sell stocks when the market is down so much. “The best advice I give my ...

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TODD SMITH — Push alerts are driving mobile news strategy

News fans in today’s digital world are craving more push alerts, less breaking news – and, yes, less of the smiley/frowny/angry/kissy emoji speak. An analysis of some 30 publisher’s mobile notifications shows that the nature of news alerts has stayed the same but newsroom managers are thinking differently about how to use them. In a follow-up study to a 2017 ...

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PHIL HARDWICK — A Q & A with Airbnb

Led by Airbnb, the online lodging rental community has grown exponentially during the past 10 years. Estimates range from $100 billion to $170 billion in global sales. If you are wondering if Airbnb, Homeaway or one of the other online lodging providers might work for you as a traveler or as an owner, check out the information below. Most of ...

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Sanderson Championship scores a winner with a new date

By JACK WEATHERLY The Sanderson Farms Championship is on a roll. The championship played at the Country Club of Jackson will have a new date this year, Sept. 19-22, thus avoiding conflict with the World Golf Championships-HSBC Champions held in China. That means the Sanderson tourney will be able to recruit top players who otherwise could be committed to the ...

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BILL CRAWFORD: Is Mississippi in its best financial shape ever?

State revenue collections are running ahead of target. The state rainy day fund and other reserves are full of cash. Agency budget cuts appear to be behind us. Pointing to all this, Lt. Gov. Tate Reeves said “Mississippi is in our best financial and fiscal shape in our history.” Speaker of the House Philip Gunn chimed in saying, “This is ...

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Cultivation Food Hall offers variety of cuisines

By JACK WEATHERLY Cultivation Food Hall will open this weekend in The District at Eastover and feature nine artisanal vendors. It has been developed in consultation with St. Roch Market in New Orleans, one of the pioneers in the food hall movement. Cultivation Food Hall is on the ground floor of the BankPlus Building and encompasses 8,260 square feet, not ...

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MATTHEW McLAUGHLIN — A startup’s guide to Mississippi

I can confidently say that it has never been easier to start a business. Having worked with hundreds of startup and emerging companies over the past 15 years, I have developed a fairly robust professional network throughout Mississippi (and beyond). And while my firm provides technical legal services to these companies, we believe it is our responsibility, as a trusted adviser, ...

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