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…. Read more »
Monthly Archives: October 2020
Raising Your Next Round? Here’s What You’ll Hear From Venture Capitalists Today
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?
Crisis Management: How to take over a sinking business
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… Read more »
‘A crazy time’: Toronto landlords dish out incentives as rental market cools
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,… Read more »
U.S. Accuses Google of Illegally Protecting Monopoly
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… Read more »
Chipotle burritos — not bowls — are all the rage during the pandemic: CFO
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… Read more »
‘Nightmare’ U.S. stock valuations driven by ‘young, dumb’ investors, fund manager says
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… Read more »
Goldman Warns of More Job Losses With Jumbo Mergers on the Rise
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?
A 90x return in five years? Former Goldman hedge-fund manager says an ‘enormous wall of money’ is coming
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… Read more »
Air Canada CEO Who Averted Bankruptcy Retires, Hands Off to CFO
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… Read more »
