Wiley Corporate Finance Updates

Posted November 20th, 2022 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Outspoken economist Nouriel Roubini described crypto and some of its major players as an “ecosystem that is totally corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, con men, carnival barkers,” and finally, Binance Chief Executive Changpeng Zhao, known as CZ, who spoke on a prior panel at the same conference.

Source: CNBC.com – video report

Date: Nov 16, 2022

Link: https://www.cnbc.com/2022/11/16/crypto-an-ecosystem-that-is-totally-corrupt-says-nouriel-roubini-.html?recirc=taboolainternal

Questions for discussion:

What does Nouriel Roubini say in this report about crypto?
Do you agree with his analysis and comments?
What would you advise investors?

Posted November 20th, 2022 by Brahm Canzer & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Market Analysis, Personal Finance.

Description: Overreacting much? According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone.

Source: MarketWatch.com

Date: Nov 14, 2022

Link: https://www.marketwatch.com/story/markets-are-getting-a-wake-up-call-in-2023-says-morgan-stanley-which-offers-a-plan-for-investors-to-get-ready-11668427567

Questions for discussion:

What does the report say about market behavior today and the prospects longer term?

Do you agree with the analysis?

What would you advise investors?

Posted November 20th, 2022 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Ontario Teachers’ Pension Plan said it will write down its stake in FTX to zero, taking a US$95 million loss barely a year after making its first investment in Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange.

Source: BNNBloomberg.ca – video report

Date: Nov 19, 2022

Link: https://www.bnnbloomberg.ca/ontario-teachers-writes-off-ftx-stake-citing-potential-fraud-1.1848170

Questions for discussion:

Summarize the analysis presented and evaluation of the decision to invest in FTX.
What do you think of the decision to invest in crypto by a pension plan?

Posted November 20th, 2022 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also seems likely that the industry couldn’t survive regulation.

Source: NYT.com

Date: Nov 17, 2022

Link: https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html?

Questions for discussion:

What does Paul Krugman say about cryptocurrency and the reasons for recent problems?
Do you agree with his analysis and commentary?
Can crypto be rejuvenated given recent publicity, in your opinion?

Posted November 20th, 2022 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Walmart’s stock surged this week. Target’s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen appliances. Both their CEOs − Walmart’s Doug McMillon and Target’s Brian Cornell − stepped into their roles in 2014.

Source: CNBC.com

Date: Nov 17, 2022

Link: https://www.cnbc.com/2022/11/17/walmart-and-targets-quarterly-results-lay-bare-retailers-differences.html

Questions for discussion:

How important is grocery shopping in explaining the variance between these retailers?
How can Target respond?
What does this all mean for investors looking ahead?

Posted November 13th, 2022 by Brahm Canzer & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Management Issues, Personal Finance.

Description: First, there was greenwashing — a term referring to deceptive marketing campaigns and other performative gestures by companies to make consumers and investors believe that they are environmentally responsible. Now, there is greenhushing. And it’s also a problem.

Source: knowledge.wharton.upenn.edu

Date: Nov 09, 2022

Link: https://knowledge.wharton.upenn.edu/article/greenhushing-why-some-firms-keep-quiet-about-esg/

Questions for discussion:

What are the basic issues facing companies when any “cause” is part of their decision-making?
What does the article advise company managers facing these sorts of challenges?
How should managers deal with the needs and opinions of its stakeholders, in your opinion?

Posted November 13th, 2022 by Brahm Canzer & filed under Economic Analysis, Financial Planning, Governments & Regulators, Market Analysis, Personal Finance.

Description: What a great country, right? Six days before a crucial midterm election, the head of the central bank was talking down the stock market.

Source: NYTimes.com

Date: Nov 07, 2022

Link: https://www.nytimes.com/2022/11/07/opinion/fed-stock-market-inflation.html

Questions for discussion:

What does the article say about the behavior of the Fed and the reasons?
Do you agree with this assessment?
What should investors do, in your opinion?

Posted November 13th, 2022 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Major League Pickleball has named its newest team owner, and it’s a major beer brand. The rapidly growing sports league announced on Tuesday that Anheuser-Busch will purchase a Major League Pickleball team. The team will begin playing in the 2023 season.

Source: CNBC.com

Date: Nov 08, 2022

Link: https://www.cnbc.com/2022/11/08/major-league-pickleballs-newest-team-owner-is-anheuser-busch-.html

Questions for discussion:

What are attributes that suggest this is the start of a new sport that will offer investment opportunities in a variety of products and services?
What would those opportunities likely be for large companies like Nike, Addidas, or Lululemon?
Do you think Anheuser-Busch is ahead of the pack or is making an investment error?

Posted November 13th, 2022 by Brahm Canzer & filed under Economic Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Market Analysis, Personal Finance.

Description: The Canadian stock market is set for a potential rally after the U.S. midterm elections, according Ken Fisher, founder, executive chairman and co-chief investment officer of Fisher Investments.

Source: BNNBloomberg.ca – video report

Date: Nov 08, 2022

Link: https://www.bnnbloomberg.ca/stock-markets-could-see-a-midterm-miracle-after-u-s-elections-fisher-1.1842919

Questions for discussion:

Summarize the analysis presented and suggestions for market movements over the next 9 months.
What do you think of these notions?
What would you advise investors?

Posted November 13th, 2022 by Brahm Canzer & filed under Company Analysis, Management Issues, Personal Finance.

Description: New York City has joined a handful of places, including Colorado, Washington State and Rhode Island, which require some form of salary transparency. In the case of New York City, companies are required to include a salary range when they post a job opening.

Source: NPR.org

Date: Nov 08, 2022

Link: https://www.npr.org/2022/11/05/1134193927/salary-transparency-range-new-york-pay-laws

Questions for discussion:

What are the pros and cons of salary transparency?
How do you think this affects employees attitude toward their work and fellow employees?
How do you think it affects recruitment and management?
Do you think this can affect profitability of firms?