Description: Fred Franzia, the man behind the famous “Two Buck Chuck,” died on Tuesday at age 79. Source: NPR.org Date: Sep 15, 2022 Link: https://www.npr.org/2022/09/15/1123070279/fred-franzia-two-buck-chuck-wine-bronco-dies Questions for discussion: What does the article say about the marketing of wine and consumer perception of price, in particular? Do you think $2 wine could sell as well in… Read more »
Monthly Archives: September 2022
Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup
Description: Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Source: CNBC.com – video report Date: Sep 13, 2022 Link: https://www.cnbc.com/2022/09/12/peloton-co-founders-john-foley-hisao-kushi-are-leaving-company.html Questions for discussion: What has happened at the firm… Read more »
Bed Bath & Beyond: Pump and dump allegations ‘are without merit’
Description: Bed Bath & Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in a pump and dump scheme.”The company is in the early stages of evaluating the complaint but based on current knowledge the company believes the claims are without merit,” Bed Bath & Beyond spokesperson Julie Strider told… Read more »
Hits and Misses of the Fed’s Inflation Strategy
Description: The Federal Reserve deserves credit for saving the U.S. economy from a financial crisis with its initial response to the pandemic, but it continued injecting liquidity well beyond the point that markets exhibited any signs of illiquidity, said Wharton professor of international banking and finance Richard J. Herring on Wharton Business Daily on SiriusXM. (Listen to the… Read more »
How to boost your portfolio ‘without doing anything,’ from a chief investment strategist: You can ‘improve your performance by a third’
Description: It’s been a volatile and difficult year for investors in the broad stock market, and tech-stock investors have had it even worse. If you invest in dividend stocks, however, you’re probably doing somewhat better. Source: CNBC.com Date: Sep 09, 2022 Link: https://www.cnbc.com/2022/09/09/how-dividends-work-add-to-stock-returns-chief-investment-strategist.html Questions for discussion: What does the article say is the easy way… Read more »
TSX stocks: Energy sector to shield Canada’s main index from Euro, U.K. weakness
Description: Oil, natural gas and renewable power producers will boost Canada’s energy-heavy benchmark stock index, as economic weakness in Europe and the U.K. weighs on this country’s technology and industrial shares. Source: YahooFinance.com – video report Date: Sep 08, 2022 Link: https://ca.finance.yahoo.com/news/tsx-stocks-economic-pain-in-uk-europe-likely-to-be-slightly-positive-153007136.html Questions for discussion: What does the report say about the performance of the… Read more »
Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising
Description: Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales. Source: CNBC.com Date: Sep 09, 2022 Link: https://www.cnbc.com/2022/09/09/burger-king-400-million-plan-to-revive-us-sales-with-remodels-advertising.html Questions for discussion: Summarize the highlights for the future. What do you think… Read more »
Why the Housing Market Is Not in Recession
Description: Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Source: https://knowledge.wharton.upenn.edu Date: Sep 06, 2022 Link: https://knowledge.wharton.upenn.edu/article/why-the-housing-market-is-not-in-recession/ Questions for discussion: What does the article say is happening in the real estate industry? Why is this industry so important to understanding the economy? How are business decisions affected by changes… Read more »
If you need one more reason why stocks will likely lose money in September, here it is.
Description: Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Source: MarketWatch.com – video report Date: Sep 03, 2022 Link: https://www.marketwatch.com/story/if-you-need-one-more-reason-why-stocks-will-likely-lose-money-in-september-here-it-is-11662108548?mod=home-page Questions for discussion: What does the report say are the reasons for the prediction of a poor September stock… Read more »
How to Confront the Anti-ESG Campaign
Description: In the following opinion piece, Witold Henisz, vice dean and faculty director of Wharton’s Environmental, Social and Governance (ESG) Initiative, explains why the anti-ESG investing movement is gaining ground, and what can be done to mitigate its impact. Source: https://knowledge.wharton.upenn.edu – podcast Date: August 30, 2022 Link: https://knowledge.wharton.upenn.edu/article/how-to-confront-the-anti-esg-campaign/ Questions for discussion: What are the issues… Read more »
