Wintrust Business Lunch 10/18/24: Market rally expands, Magnifico Coffee, Spearhead Hospitality

Wintrust Business Lunch

Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about the market continuing to rise, what the limit is for the bull market, the strong economic data coming out, what might cause this bull run to end, if he believes any sectors are overvalued, and if there will be any economic impact after the presidential election.

Segment 2: Angelica Acebedo, Owner, Magnifico Coffee Roasters, join John to talk about their coffee business in the Avondale neighborhood of Chicago, how long they have been up and running, how many family members are involved with the business, what you can get when you visit the shop, their wholesale business that they are starting to grow, where they get their coffee beans from, how they compete against other chains, the culture they instill with their staff, and how committed they are to the community.

Segment 3: Santiago Leon, Managing Partner in charge of Operations, Spearhead Hospitality, talks to John about their portfolio of businesses in Chicago, how they expanded during COVID, the challenge of staffing the properties that they manage, and the properties he is especially proud of.

https://serve.castfire.com/audio/6996390/6996390_2024-10-18-184530.128.mp3

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