Description: Deloitte forecasts an uptick of from 7% to 9% in holiday retail sales, for a total of $128 trillion to $1.3 trillion in the November-January period. Source: MediaPost.com Date: Sep 10, 2021 Link: https://www.mediapost.com/publications/article/366920/online-holiday-sales-could-hit-up-to-218-billion.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=123656&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: How should investors respond to this prediction? Which stocks would be good buys or sells if the… Read more »
Monthly Archives: September 2021
Cineplex accuses Cineworld of bad faith in day one of hearings over abortive takeover
Description: TORONTO – Cineplex Inc. says a U.K. theatre giant acted in bad faith by delaying a takeover deal of the Canadian company and hoping it would default during the pandemic, a judge heard at the opening of its trial against Cineworld Group PLC. Source: BNNBloomberg.ca – video report Date: Sep 15, 2021 Link: https://www.bnnbloomberg.ca/cineplex-accuses-cineworld-of-bad-faith-in-day-one-of-hearings-over-abortive-takeover-1.1651175… Read more »
Here’s how inflation is hitting the online prices of everything from apparel to furniture
Description: Prices of goods online have now risen for an unprecedented 15 consecutive months, following what was a historical period of declines, according to a new report from Adobe Digital Insights. Source: CNBC.com – video report Date: Sep 15, 2021 Link: https://www.cnbc.com/2021/09/15/how-inflation-is-hitting-online-prices-of-apparel-to-furniture.html Questions for discussion: How would you explain the distribution of price changes by… Read more »
Broadway is back — are high ticket prices, too?
Description: Even after an 18-month pause, the show must go on. Several Broadway productions are reopening this month, a crucial step in New York City’s road to recovery from the COVID-19 pandemic. On Tuesday, the Great White Way welcomed back such fixtures as “Hamilton,” “The Lion King,” “Wicked” and “Chicago.” Source: MarketWatch.com Date: Sep 15,… Read more »
Bond Market Set for Fresh Take on Its Burning Inflation Question
Description: (Bloomberg) — Bond investors may be able to chip away at one of the Treasury market’s enduring mysteries in the coming week when they get a fresh update on U.S. consumer prices. Source: Yahoo.Finance.com/Bloomberg.com Date: Sep 11, 2021 Link: https://finance.yahoo.com/news/bond-market-set-fresh-burning-200000307.html Questions for discussion: What is the strategic thinking in the present environment? What do… Read more »
Crypto and Sports: A Marriage Made in … Well, We’ll See
Description: Sports teams, buffeted by the pandemic, need money. And, after a blockbuster year, cryptocurrency investors have a lot of it. For digital currencies to continue that upward trajectory, however, they need to “expand the investor base”—a euphemism for finding new and, almost by definition, less sophisticated investors willing to pump up the price of Bitcoin, Ethereum,… Read more »
Skilled Workers Are Scarce, Posing a Challenge for Biden’s Infrastructure Plan
Description: One estimate says the bill would add $1.4 trillion to the U.S. economy over eight years, but without enough workers, efforts to strengthen roads and public transit could be set back. Source: NYTimes.com Date: Sep 10, 2021 Link: https://www.nytimes.com/2021/09/09/us/politics/biden-infrastructure-plan.html Questions for discussion: What does the report say about the impact scare skilled workers is… Read more »
Opinion: Bank of Canada sending retirement savers to the wolves
Description: It’s up another rung on the risk ladder for retirement investors who need growth to get their portfolios to those sunset-sailboat retirements in the brochures. Source: BNNBloomberg.ca – video report Date: Sep 10, 2021 Link: https://www.bnnbloomberg.ca/opinion-bank-of-canada-sending-retirement-savers-to-the-wolves-1.1650426 Questions for discussion: Summarize the financial risks facing retirement aged investors? What is the advice presented in the… Read more »
Tech giants are rushing to develop their own chips – here’s why
Description: Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Source: CNBC.com – video report Date: Sep 06, 2021 Link: https://www.cnbc.com/2021/09/06/why-tesla-apple-google-and-facebook-are-designing-their-own-chips.html Questions for discussion: Why are tech companies interested in developing this area of the business? What are the advantages… Read more »
How Amazon’s cloud business generates billions in profit
Description: Every year since at least 2014, more than half of Amazon’s operating profit has come from the online retailer’s cloud division, Amazon Web Services, which provides online services and tools that software developers can stitch together to run websites and applications. Source: CNBC.com – video report Date: Sep 05, 2021 Link: https://www.cnbc.com/2021/09/05/how-amazon-web-services-makes-money-estimated-margins-by-service.html Questions for discussion: Are… Read more »
