Friday 30/09/22

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In MACRO, MARKETS & BITCOIN NEWS, Germany announces a massive energy aid package, Truss faces more pressure, the FTSE250 hits a new low and a study quantifies bitcoin's hunger for energy. In UK REAL ESTATE NEWS, mortgage madness hits. In RETAIL, CONSUMER GOODS & LEISURE NEWS, Bed Bath & Beyond sees big losses, Peloton starts selling bikes at Dick's Sporting Goods, Nike's inventories jump, H&M and Next get downbeat, Mitchells & Butlers has energy worries and concerts get cancelled. In MISCELLANEOUS NEWS, the Porsche IPO goes OK considering, Arrival delivers its first van, Facebook freezes hiring, SoftBank cuts 20% of London staff and we see why diesel prices are so high. AND FINALLY, I bring you an amusing example of reverse-scamming...

 

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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

 

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