Description: Cash has been trash for a long time, but there are now new contenders for the investment garbage can,’ investor Bill Gross says. Source: TheStreet.com Date: Sep 02, 2021 Link: https://www.thestreet.com/investing/bonds-in-dumper-stocks-may-follow-says-investor-bill-gross Questions for discussion: What is the basis for this prediction? Do you agree with the analysis? What would your recommendations… Read more »
Posts Categorized: Personal Finance
Cathie Wood’s ARK Investment plans to launch a no-vice, bank or oil transparency ETF
Description: Cathie Wood’s ARK Investment Management is planning to roll out a new exchange traded fund focused on transparency, and which will shun oil and gas, alcohol, bank and gambling stocks. Source: MarketWatch.com Date: Sep 01, 2021 Link: https://www.marketwatch.com/story/cathie-woods-ark-investment-plans-to-launch-a-no-vice-bank-or-oil-transparency-etf-11630488812?cx_testId=22&cx_testVariant=cx_1&cx_artPos=7&mod=home-page-cx#cxrecs_s Questions for discussion: What is the strategic thinking behind the move to launch this ETF?… Read more »
The loonie was at par with the U.S. dollar last time Canada’s trade surplus was so robust. What’s so different now?
Description: An unexpected perk of the pandemic is Canada recording its first current account surpluses in about 13 years, but the milestone hasn’t been transformative for the Canadian dollar. Source: FinancialPost.com – video report Date: Sep 01, 2021 Link: https://financialpost.com/news/economy/the-loonie-was-at-par-with-the-u-s-dollar-the-last-time-canadas-trade-surplus-was-so-robust-whats-so-different-this-time Questions for discussion: Summarize the reasons given for the current value of… Read more »
American Eagle shares drop after revenue falls short, e-commerce sales slow from last year
Description: American Eagle shares tumbled Thursday after the company reported fiscal second-quarter revenue short of analysts’ estimates, as its e-commerce business decelerated compared with the prior year. Source: CNBC.com – video report Date: Sep 02, 2021 Link: https://www.cnbc.com/2021/09/02/american-eagle-aeo-q2-2021-earnings.html Questions for discussion: Explain the problems retailers like American Eagle are facing as they adapt to the ever… Read more »
What the enthusiasm for funding startups means for the VC world
Description: More money chasing scarce ideas means that the prices paid for startups rise Source: Economist.com Date: Apr 03, 2021 Link: https://www.economist.com/finance-and-economics/2021/03/31/what-the-enthusiasm-for-funding-startups-means-for-the-vc-world Questions for discussion: What does the article suggest might be happening in the VC world? Do you agree with this assessment? How should investors regard the message in this article?
Credit Suisse takes $4.7 billion hit from Archegos hedge fund scandal; execs step down
Description: Credit Suisse on Tuesday announced several high-level staff departures and proposed a cut to its dividend as it weighs heavy losses from the Archegos Capital saga. Source: CNBC.com – video report Date: Apr 06, 2021 Link: https://www.cnbc.com/2021/04/06/credit-suisse-cuts-dividend-on-hit-from-hedge-fund-scandal-investment-bank-head-and-chief-risk-officer-step-down.html Questions for discussion: Explain the fallout from this fiasco. Do you think management did enough to prevent this from… Read more »
Digital Boomerang: New Online Customers Drive Boost In Returns
Description: New customers spent 144% more last year than they did in 2019, and that may be because there were more of them, judging by a new report from Alliant. Source: MediaPost.com Date: Apr 06, 2021 Link: https://www.mediapost.com/publications/article/362041/digital-boomerang-new-online-customers-drive-boos.html Questions for discussion: What do these numbers suggest about the online businesses serving the industry? How would… Read more »
Lightspeed rolls out online payment processing service in virus-hit UK and Europe in boost for continent’s battered restaurants
Description: Lightspeed POS Inc. said Tuesday it’s rolling out its point-of-sales payment processing services in the U.K. and Europe, with the aim to help restaurants and retailers consolidate their online and brick-and-mortar sales systems. Source: FinancialPost.ca Date: Apr 06, 2021 Link: https://financialpost.com/technology/lightspeed-rolls-out-online-payment-processing-service-in-virus-hit-uk-and-europe-in-boost-for-continents-battered-restaurants Questions for discussion: How is the firm expanding? Do you think the firm… Read more »
Job Training That’s Free Until You’re Hired Is a Blueprint for Biden
Description: Social Finance, a nonprofit, is spreading a model in which training programs get paid if students get hired, not just if they enroll. Source: NYTimes.com Date: Apr 07, 2021 Link: https://www.nytimes.com/2021/04/07/business/job-training-thats-free-until-youre-hired-is-a-blueprint-for-biden.html Questions for discussion: What do you think of this nonprofit business model and Social Finance, in particular? Is this a replacement for traditional… Read more »
Meet the 7-year-old who asked Old Navy to put pockets in girls’ jeans
Description: Learning to write persuasive letters in first grade, 7-year-old Kamryn Gardner wrote to Old Navy, asking them to put real pockets in girls’ jeans – and the retailer responded by sending her jeans with pockets! Joining TODAY live with her parents, Kamryn says “I was very excited … I thought it was a birthday… Read more »
