My Investing Muse (20Jan2025) Layoffs & Closure news Citigroup plans to cut 20,000 jobs by the end of 2026. - The Straits Times Angie’s Transportation and STL Equipment Leasing cite freight market challenges in bankruptcy filings - FreightWaves META IS PLANNING TO CUT 5% OF LOWEST PERFORMERS, MEMO SHOWS - X user Investing Walgreens will now close 12 more stores in San Francisco. How much more self-inflicted abuse will Californians absorb before they demand change? - X user Charlie Kirk The above are some snippets of news about layoffs, and closures in the past week. Supply Chain gains from disruptions Supply Chain benefits from the shipping disruptions "Cosco says shipping disruptions boosted 2024 net profit by 95%" - Yahoo Finance (FreightWaves) With peace coming to the Middle East, t

Public Holidays There will be no public holidays in China, Hong Kong, and Singapore next week. Martin Luther King Holiday - Monday, January 17, 2022 - No ... On 20 Jan 2025 (Monday), the USA celebrates Martin Luther King, Jr. Day. Economic Calendar (20Jan2025) Notable Highlights S&P Global Manufacturing PMI reveals the contraction or growth of global manufacturing - which reveals anticipated demand. S&P Global Services PMI will also be released. A figure above 50 reveals growth and a figure lesser than that reveals contraction. Existing home sales let us in about the home real estate market. With the LA fire, we are expecting some increase in demand for homes in the coming weeks. Initial jobless claims will be announced. The Federal Reserve uses this as one

Concerns and Reflections on the LA Fire of January 12, 2025 Private drones are interfering with aerial firefighting efforts in LA wildfires | Fox News Causes Arson appears to be a factor following reports of arrests and suspicious activities. Additionally, the Santa Ana winds have exacerbated the situation, complicating aerial firefighting efforts and spreading embers, thus intensifying the fire's spread. Concerns - Water and Air Quality The fire has compromised air and water quality, potentially leading to health issues, particularly for those with respiratory or chronic conditions. Restoration to normal levels could take time, necessitating resources like bottled water for affected residents. Crimes of Looting There have been reports of looting in the wake of the fires, adding to the dis

My Investing Muse (13Jan2025) Layoffs & Closure news Based on performance, Microsoft is cutting a small percentage of jobs across departments. “When people are not performing, we take the appropriate action,” a Microsoft spokesperson said in an email, confirming the job cuts. - CNBC Key Updates (from Google Gemini on 12Jan25): Decreasing Layoffs: Overall, the number of layoffs appears to be declining. Tech Industry Impact: The tech sector continues to be affected by layoffs, with several major companies announcing job cuts. Other Affected Sectors: Freight-related companies have also experienced recent job cuts. One more tool for evaluating a company Image One of the most important insights for fundamental investors According to McKinsey >80% of companies with a high R

Public Holidays There will be no public holidays in China, Hong Kong, Singapore, or America next week. Economic Calendar (13Jan2025) Notable Highlights The Consumer Price Index (CPI) should be the most watched data for the coming week. CPI is one of the economic data used as a reference for inflation. This should influence the Fed’s decision on interest rates, which is likely to bring some volatility to the market. The Producer Price Index (PPI) reveals the inflation that hits the producer first. If it goes up, this implies that producers have inflationary price pressure, which should be passed on to the consumers. Some view this as the prelude to inflation. Core Retail Sales and Retail Sales will usher in an understanding of consumer retail consumption.