Posted by & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Market Analysis, Personal Finance.

Description: The bond market appears to be waking up. After trading in a close range since June, Treasury yields are starting to break out of their range and look set to edge higher. The 10-year yield reached a high of 0.834% early Wednesday morning and was hovering just at the 0.80% level in afternoon trading.

Source:CNBC.com

Date: Oct 21, 2020

Link: https://www.cnbc.com/2020/10/21/the-bond-market-is-starting-to-wake-up-with-interest-rates-headed-higher.html

Questions for discussion:

  • What does the report say is happening in the bond market?
  • How should investors respond, in your opinion?

Posted by & filed under Financial Planning, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Amid the Covid-19 pandemic and virtual meetings, this is what’s top of mind for venture capitalists.

Source: INC.com

Date: Oct 21, 2020

Link: https://www.inc.com/matt-cooper/raising-your-next-round-heres-what-youll-hear-from-venture-capitalists-today.html

Questions for discussion:

  • What are the reasons for concern, as explained in the article?
  • What do think of this assessment?
  • What should investors do, given this information?

Posted by & filed under Financial analysis, Growth & Valuation, Management Issues, Personal Finance.

Description: Yahoo Finance Canada’s Alicja Siekierska and strategy expert Mark Satov discuss whether companies should buy a business that is struggling in the pandemic now, or wait until a recovery is well underway.

Source: Yahoo.Finance.com – video report

Date: Oct 16, 2020

Link: https://ca.finance.yahoo.com/video/crisis-management-over-sinking-business-183602594.html

Questions for discussion:

  • What is Mark Satov’s advice?
  • Can you give examples of other criteria that would influence the valuation of an acquisition?

Posted by & filed under Company Analysis, Economic Analysis, Growth & Valuation, Industry Analysis, Personal Finance.

Description: The Toronto rental housing market has pulled a 180.  Before the pandemic, Canada’s largest city was characterized by a rush of renters competing for places to call home. But the tables have turned as a result of a pandemic that’s upending conventional wisdom about the way we live.

Source: BNNBloomberg.ca – video report

Date: Oct 22, 2020

Link: https://www.bnnbloomberg.ca/a-crazy-time-toronto-landlords-dish-out-incentives-as-rental-market-cools-1.1511784

Questions for discussion:

  • What has happened to the real estate market in Toronto?
  • How is the situation likely to affect investor interest and development of new projects?

Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis.

Description: A victory for the government could remake one of America’s most recognizable companies and the internet economy that it has helped define.

Source: NYTimes.com

Date: Ocy 20, 2020

Link: https://www.nytimes.com/2020/10/20/technology/google-antitrust.html

Questions for discussion:

  • What is the basis for the case against Google?
  • Do you think it merits legal action?
  • What are the business consequences for the firm and consumers if the action is successful?

Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis, Management Issues.

Description: The mighty Chipotle burrito — delivered straight to your house — continues to power the restaurant giant’s profits during the COVID-19 pandemic.

Source: Yahoo.Finance.com – video report

Date: Oct 22, 2020

Link: https://ca.finance.yahoo.com/news/chipotle-burritos-not-bowls-are-all-the-rage-during-the-pandemic-cfo-172128826.html

Questions for discussion:

  • How well has Chipotle managed during the covid pandemic that has devastated many restaurants?
  • What marketing and management lessons should the firm carry forward with after the crisis passes?

Posted by & filed under Governments & Regulators, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: U.S. equity valuations have become a “total nightmare” fueled by “young and dumb” investors, according to Cole Smead, president and portfolio manager at Smead Capital Management.

Source: CNBC.com – video report

Date: Oct 15, 2020

Link: https://www.cnbc.com/2020/10/15/smead-nightmare-us-stock-valuations-driven-by-young-dumb-investors.html

Questions for discussion:

  • What are the reasons for concern, as explained in the article?
  • What do think of this assessment?
  • What should investors do, given this information?

Posted by & filed under Company Analysis, Economic Analysis, Financial Planning, Growth & Valuation, Market Analysis, Personal Finance.

Description: Wall Street’s top matchmaker for megadeals sees a wave of corporate takeovers coming with a worrying implication for the workforce: a jump in job losses.

Source: Bloomberg.com

Date: Oct 16, 2020

Link: https://www.bloomberg.com/news/articles/2020-10-16/goldman-warns-of-more-job-losses-with-jumbo-mergers-on-the-rise?srnd=premium-canada

Questions for discussion:

  • Summarize Goldman’s view of the near future.
  • What does this mean for investors?

Posted by & filed under Company Analysis, Economic Analysis, Governments & Regulators, Growth & Valuation, Personal Finance.

Description: Bitcoin has been on fire in 2020, having rallied almost 60% year-to-date to completely dwarf the 7% return on the S&P 500. According to Raoul Pal, a former Goldman Sachs GS, -1.14% hedge-fund manager, the world’s biggest cryptocurrency is just getting warmed up.

Source: MarketWatch.com

Date: Oct 17, 2020

Link: https://www.marketwatch.com/story/a-90x-return-in-just-five-years-former-goldman-sachs-hedge-fund-manager-says-an-enormous-wall-of-money-is-coming-11602781826

Questions for discussion:

  • What is the basis for the projected value of Bitcoin, according to the article?
  • Do you agree with the analysis?
  • What should investors do?

Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Calin Rovinescu will retire as Air Canada’s top executive in February and hand the reins to Chief Financial Officer Michael Rousseau, who takes over an airline with a strong balance sheet but a huge rebuilding task ahead of it.

Source: Bloomberg.com

Date: Oct 16, 2020

Link: https://www.bloomberg.com/news/articles/2020-10-16/air-canada-s-rovinescu-retires-hands-control-to-cfo-rousseau?srnd=premium-canada

Questions for discussion:

  • What sort of special challenges will the new CEO face in the coming years?
  • Do you think coming from a finance background, he will be better equipped to handle the firm’s problems?