Description: The Swiss National Bank on Monday reported a loss of 132 billion Swiss francs ($143 billion) for the 2022 financial year, citing preliminary figures. It represents the biggest loss in the central bank’s 116-year history and equates to roughly 18% of Switzerland’s projected gross domestic product of 744.5 billion Swiss francs. Its previous record loss was… Read more »
Posts By: Brahm Canzer
Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
Description: A mild stock market rally to kick off the new year will be put to the test.. Source: MarketWatch.com Date: Jan 11, 2023 Link: https://www.marketwatch.com/story/why-thursdays-u-s-cpi-report-might-kill-stock-markets-hope-of-inflation-melting-away-11673449025?mod=home-page Questions for discussion: What does the report say about the expectations for Fed action on interest rates? How do you expect the markets to behave if this proves to… Read more »
People are leaving Canada’s biggest cities amid a housing crunch
Description: Canada’s largest cities are getting bigger and more expensive, forcing hundreds of thousands of people to search for affordable housing elsewhere.Toronto, the country’s biggest urban center, saw nearly 100,000 people leave the area, with 78 per cent choosing to settle in other parts of the province over a one-year period to July 1, according… Read more »
2022 Executive of the Year: Marc Pritchard
Description: There were more than a handful of worthy candidates considered by MediaPost editors for this year’s Executive of the Year honors. Source: MediaPost.com Date: Jan 08, 2023 Link: https://www.mediapost.com/publications/article/380606/2022-executive-of-the-year-marc-pritchard.html?utm_source=newsletter&utm_medium=email&utm_content=comment&utm_campaign=128856 Questions for discussion: What are some marketing insights posed by Marc Pritchard? Do you agree that there is “no average consumer”? Can marketers always follow… Read more »
How health insurance may have made health care more expensive
Description: Widespread medical debt is a uniquely American problem. Roughly 40% of U.S. adults have at least $250 in medical debt, according to a survey conducted by Kaiser Family Foundation. Source: CNBC.com – video report Date: Jan 08, 2023 Link: https://www.cnbc.com/2023/01/08/how-health-insurance-may-have-made-health-care-more-expensive.html Questions for discussion: What is the explanation presented in this report for higher health care… Read more »
The Fed delivered a message to the stock market: Big rallies will prolong pain
Description: The proverbial Fed put is officially dead and gone: strategist Source: MarketWatch.com Date: Jan 06, 2023 Link: https://www.marketwatch.com/story/why-the-fed-doesnt-like-stock-market-rallies-11672945830 Questions for discussion: What does the article say is going on in the stock market and the role played by the Fed? Do you think the Fed is behaving wisely? Do you think there is a… Read more »
Amazon says it will cut over 18,000 jobs, more than initially planned
Description: Amazon said Wednesday it will cut more than 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. Source: CNBC.com – video report Date: Jan 04, 2023 Link: https://www.cnbc.com/2023/01/04/amazon-says-it-will-cut-over-18000-jobs-more-than-initially-planned.html?qsearchterm=amazon Questions for discussion: What does the report say about the job cuts and the reasons given? What do you believe… Read more »
What did Tesla’s stock plunge cost S&P 500 investors last year? Billions and billions
Description: A lot of retail investors are getting a good laugh from watching the impact that the huge decline in Tesla’s (TSLA) share price is having on CEO Elon Musk, who was the world’s richest person before Tesla started tanking. Source: Yahoo.Finance.com – video report Date: Jan 07, 2023 Link: https://finance.yahoo.com/news/what-did-teslas-stock-plunge-cost-sp-500-investors-last-year-billions-and-billions-135118666.html Questions for discussion: What does the… Read more »
CES: Made-in-Canada Project Arrow unveiled
Description: A made-in-Canada electric vehicle concept car was unveiled to the world on Thursday. Project Arrow was showcased at the Consumer Electronic Show (CES) tech conference in Las Vegas, after smaller-scale previews in Canada last year. Source: BNNBloomberg.ca – video report Date: Jan 07, 2023 Link: https://www.bnnbloomberg.ca/ces-made-in-canada-project-arrow-unveiled-1.1866140 Questions for discussion: Summarize the analysis of the… Read more »
SPOS #859 – Joshua Gans On The Economics Of Artificial Intelligence
Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #859. How does artificial intelligence affect the structure and dynamics of the global economy? What are the potential benefits and risks associated with artificial intelligence on the future of humanity? Joshua Gans is the co-author of the recently published book, Power and Prediction – The Disruptive… Read more »
