The Business of Taylor Swift and The Impacts Of Inflation On Consumers

Reformed Millennials - Learn Earn and Invest

Listen in podcast app and follow below for the podcast topic arc.

* Opening riff on the NBA preseason drama

* Market update

* CREA Update (July) & Calgary market note

* Taylor Swift

* Sports items - ex-ESPN on air starting new fantasy media corp with big backers

* Recommendations and Predictions

Listen on Apple, Spotify, or Google Podcasts.

📈📊Market Update💵📉

Last week was another tough week for markets as investors were hit with more inflation data.

Some good reads to help you better understand where were at in this tightening cycle:

* The Rise (and Fall) of inflation in Canada - Trevor Tombe

* Liberal PM meets with Cabinet to discuss impacts of inflation on voters - Bloomberg

* Consumers betting on variable rates as mortgage rates skyrocket - BnnBloomberg

Chart of the week: REITs positioning.

Twitter links from this weeks podcast:

* Great thread on how Dahner compounded capital better than almost all roll up companies in history.

* Do carbon taxes affect food prices - Trevor Tombe

🎙Podcast & YouTube Recommendations🎙

* Macro Sunday with Michael Kao

* All In talks Media polarization and the Rich Men North of Richmond.

* Nick Colas on how to use the VIX to Invest Money more effectively.

🔮Best Links of The Week🔮

* Canada continues to inbound tens of thousands - globe and mail

* Global Sports investment can bring the world closer together - Sportico.com

* White House announces new China Tech Curbs: As expected, the administration moved forward to curb US VC and private equity investments in China across semiconductors, quantum computing and AI for now. Won’t be implemented until 2024 after a review process. There is an effort to balance the overall trade relationship vs containing China related to ‘national security issues.

* Nvidia’s new GPUs: Founder/CEO Jensen Huang officially kicked off Nvidia’s next generation GH200 GPU ‘Superchips’, while the current A100 and H100 chips are already in superhot demand and on global allocation. Nvidia also announced iterations of other Enterprise focused AI infrastructure services around its hardware and software compute architecture. Nvidia continues to be the biggest provider of GPU chips for the current global AI gold rush going into 2024 and beyond.

* Meta out-executes TikTok on monetizing short videos: A surprising thing that came out in Meta’s quarterly results call last week was Mark Zuckerberg outlining that Meta’s short video Reels monetization with advertisers is on a “revenue run rate that jumped to $10 billion, up from $3 billion last fall, and $1 billion last summer.” That means that Reels is about the size of TikTok’s business as of 2022 end, and poised to potentially surpass it this year. This despite the general industry reality that Reels as an AI algorithm drive video product is still not as good as TikTok. Watch the 13 to 16 minute marks in this YouTube video discussion by the tech reviewers at the Verge for more context. This underlines Meta’s unparalleled ability to focus, execute, and leverage its multi-billion global user base ahead of their competitors.

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