Description: We have officially entered the largest wealth transfer period in history. Here are three key ways to prepare yourself for the Great Wealth Transfer and improve our financial position. Source: Entrepreneur.com Date: Sep 27, 2022 Link: https://www.entrepreneur.com/money-finance/3-ways-to-prepare-yourself-for-the-great-wealth-transfer/434715?utm_source=newsletter&utm_medium=email Questions for discussion: What does the report say about “the great wealth transfer” and how to prepare… Read more »
Monthly Archives: October 2022
Pandemic savings erased amid ‘perfect storm’ of economic pressures: StatCan
Description: The financial cushion that Canadians were able to build up when pandemic-related restrictions were in place has largely evaporated, according to Statistics Canada, as household budgets feel the pinch from a number of economic strains. Source: Yahoo.Finance.com Date: Oct 03, 2022 Link: https://ca.finance.yahoo.com/news/pandemic-savings-erased-amid-perfect-storm-of-economic-pressures-stat-can-170021198.html Questions for discussion: What does the report say about the condition… Read more »
How YouTube Created the Attention Economy
Description: YouTube has consumed a good part of my days for more than a decade. As a teen-ager, I used the video-streaming platform to scrounge for crumbs of knowledge, watching free lectures on everything from algebra to literary modernism. Now I navigate to the YouTube app on my television most mornings to watch the news…. Read more »
Micron to spend up to $100 billion to build a computer chip factory in New York
Description: Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York, the state said on Tuesday. Source: CNBC.com – video report Date: Oct 04, 2022 Link: https://www.cnbc.com/2022/10/04/micron-to-spend-up-to-100-billion-to-build-new-york-chip-plant.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why is this announcement so significant? What are the implications of this development… Read more »
How to survive the worst bear market of all time
Description: In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favour of personal wealth. “They took their money and ran,” he wrote. In fact, there wasn’t much money to take. Source: Yahoo.Finance.com – video report Date: Sep 24, 2022 Link: https://finance.yahoo.com/news/how-to-survive-the-worst-bear-market-of-all-time-120034754.html Questions for… Read more »
How Banks Crowd Out Commercial Lending During Real Estate Booms
Description: Banks love housing booms because they offer attractive returns on investment. But they also get preoccupied with real estate during those boom times at the cost of lending to other parts of the economy, according to research by Wharton finance professor Itay Goldstein, Miami Business School finance professor Indraneel Chakraborty, and Virginia Tech professor Andrew MacKinlay. Source:… Read more »
ESG without returns is ‘simply not sustainable,’ says investor Lauren Taylor Wolfe
Description: ESG and sustainable investing generally have come under fire recently, with critics pointing to a lack of transparency and differing definitions sparking confusion around what investors are actually buying. Source: CNBC.com Date: Sep 28, 2022 Link: https://www.cnbc.com/2022/09/28/esg-without-returns-is-simply-not-sustainable-says-investor-lauren-taylor-wolfe.html Questions for discussion: What is ESG? Why is it a factor for some investors and not others,… Read more »
LNG Canada CEO says case for doubling export capacity ‘very strong’
Description: Massive export terminal under construction in Kitimat B.C. on track for first deliveries by middle of decade Source: FinancialPost.com Date: Sep 29, 2022 Link: https://financialpost.com/commodities/energy/oil-gas/lng-canada-kitimat-export-liquefied-natural-gas Questions for discussion: What does the article say about the future of the industry? Do you agree with this analysis and projection for the future? What would you advise… Read more »
McDonald’s will have adult Happy Meals this October
Description: For a limited time only, Happy Meals aren’t just for kids. McDonald’s teamed up with the fashion streetwear brand Cactus Plant Flea Market to release an adult meal box, complete with a classic character toy. Source: NPR.org Date: Sep 29, 2022 Link: https://www.npr.org/2022/09/29/1125809528/mcdonalds-adult-happy-meals-october Questions for discussion: What do you think about this promotional effort?… Read more »
How one of America’s last piano manufacturers stays alive
Description: Piano-building was once one of the country’s largest industries. Today, only two companies remain in business. Source: TheHustle.co Date: Sep 29, 2022 Link: https://link.thehustle.co/view/61200bfe5acd1b72de2e7829hcmwm.d74a/f28d4c31 Questions for discussion: Summarize the history of the industry. How has the customer changed over time? Who are the competitors today? Is there a way to rejuvenate the industry? What… Read more »
