Description: The banking industry could be among the clearest losers from Canadian Prime Minister Justin Trudeau’s re-election to a third term. Source: Bloomberg.com Date: Sep 21, 2021 Link: https://www.bloomberg.com/news/articles/2021-09-21/trudeau-s-rifle-shot-tax-leaves-banks-among-election-s-losers?srnd=premium-canada Questions for discussion: How does the report assess the threat to Canadian banks? Do you agree with this analysis and recommendation to investors?
Posts Categorized: Personal Finance
JPMorgan Chase is buying college financial aid platform Frank to deepen ties with students
Description: JPMorgan Chase has acquired college planning platform Frank to deepen relationships with students and their parents, CNBC has learned exclusively. Source: CNBC.com – video report Date: Sep 21, 2021 Link: https://www.cnbc.com/2021/09/21/jpmorgan-chase-is-buying-college-financial-aid-platform-frank.html Questions for discussion: How does this strategy make sense from a business growth point of view? How should start-ups like Frank, look at this deal?
Chapter 1 Financial Planning Process
Description: 4 things you can do to improve your financial literacy. Source: thebalance.com Date: April 16, 2021 Link: https://www.thebalance.com/improve-financial-literacy-5179386 Questions for discussion: “Knowing how financial concepts work is one thing—confidently interacting with them is quite another”. As you embark on your financial journey, think of at least 3 financial concepts that you struggle with, and would want… Read more »
Two-thirds of wealthy business owners plan to sell or retire sooner due to pandemic, survey finds
Description: Two-thirds of wealthy business-owners accelerated their plans to retire or sell their business during the Covid pandemic, according to a new survey, reflecting the new psychological and financial landscape for business. Source: CNBC.com Date: Sep 15, 2021 Link: https://www.cnbc.com/2021/09/15/two-thirds-of-wealthy-business-owners-plan-to-sell-or-retire-due-to-pandemic.html Questions for discussion: What does the article suggest might be happening to entrepreneurial thinking and… 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 »
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 »
