3 September 2020

1) Major American companies are extending their ‘work from home’ policy, such as Google, Uber and Airbnb, until the summer of next year. The companies Zillow, Twitter, Facebook and Square have announce that employees can work from home indefinitely. Some companies are also offering stipends to employees for home office equipment as well as a $500 quarterly credit to use specifically on Airbnbs. This at home work policy remains in effect even after offices start reopening. The work at home is even spreading across the international scene with electronic giant Hitachi having 70% of its employees work permanently from home. Nationwide Insurance plans to downsize from 20 physical offices to just four with the majority of its employees continuing to work permanently from home. It’s looking more and more like working at home is becoming the norm for the future in America.

2) In a bid to counter the competition of e-commerce, the traditional department store giant Macy’s has started opening new, smaller stores away from the malls, reflecting a growing trend in the retail industry. The retail giant will test small-format Macy’s and Bloomingdale’s stores outside of underperforming malls, joining a growing trend in retail. The test stores will begin operation the fourth quarter of 2021 in Dallas, Atlanta and Washington DC. Many other major retailers are turning away from the mall format of retailing, leaving many malls withering on the vine, with foot traffic on the decline even before the Convid-19 crisis. This is another indication of a shift in American culture and society.

3) Fashion retailer Old Navy has announced they will pay their employees to work at polling stations comes election day. Each employee will be paid a full days wages for their poll work. Furthermore, store employees will have up to three hours of paid time-off on election day to vote. Old Navy joins other retailers such as Patagonia, PayPal and Levi Strauss & Co. to help in the national elections.

4) Stock market closings for – 2 SEP 20:

Dow 29,100.50 up 454.84
Nasdaq 12,056.44 up 116.78
S&P 500 3,580.84 up 54.19

10 Year Yield: down at 0.65%

Oil: down at $41.78

3 June 2020

1) The economic activity for the second quarter is down, while more than half the GDP (Gross Domestic Product) is now showing a 52.8% drop. Consequently, the personal consumption expenditures is expected to fall 58.1%, which makes up 68% of the nation’s GDP. The current recession is unique in that it was lead by the services sector instead of the traditional manufacturing or construction sectors.

2) Because of the Convid-19 shutdown, the retail industry has a mountain of apparel stock piling up in stores, distribution centers, warehouses and shipping containers. Those retailers now face the difficult decisions of what is best to do with this overstock and choked supple chain. Their options are to keep it in storage, hold sales, offload to ‘off price’ retailers who then sell at deep discounts or move it to online resale sites. None of these options are ideal, but they do limit the damage to company’s bottom line. For apparel that isn’t so fashion sensitive, such as underwear, t-shirts and chinos, warehousing for a short time to wait for demand to return is a viable option. But storing inventory cost money. The opposite strategy is to hold sales and sell stock to the off-price retailers. The ‘in store’ sales is usually better because dumping in bulk to the discounters usually brings only pennies on the dollar for retailers. This amounts to huge losses for the retailer. The most lucrative option is moving merchandise to online re-sellers who take a commission on sales, however this is largely only open for high end brands. No matter what options a retailer takes, it all spells out large losses for them because of the pandemic.

3) Southwest Airlines is offering buyout packages and temporary paid leaves to employees in an attempt to ensure survival, in anticipation of a slow recovery. The airline company has not imposed any layoffs or furloughs in its 49 year history, and while overstaffing isn’t tied to 100% capacity levels, it has never faced the drastic drop in passenger service as now seen with the pandemic. Therefore, Southwest if seeking to voluntarily reduce workforce as softly as possible.

4) Stock market closings for – 2 JUN 20:

Dow 25,742.65 up 267.63
Nasdaq 9,608.38 up 56.33
S&P 500 3,080.82 up 25.09

10 Year Yield: up at 0.68%

Oil: up at $36.90

#THECASTPOD EP. #12 LOL FEAT. @COMEDIANJLAND @YOUTUBE

The Cast Podcast Ep. #12 LOL feat. Jonathan Land Youtube Ed.

#THECASTPODCAST EP. #11: END OF YR WRAP UP REVIEW 2019 (YOUTUBE ED)

#TheCastPod Ep. #11: End of the Year Wrap Up 2019

#TheCastPodcast last episode of the 2019 year. Your hosts Sammy BE @EcoFireTV, Luisa L @LuisaModels & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 very strong of course; 2020 will be way stronger.

The crew wrapped up the greatest moments in 2019, as well as accommodating outstanding guests, who dropped gems and jewels about their $$$$money moves$$$, in their respective businesses plus MORE FUN…. 2020 we R just getting started…. 2020 Let’s Go Get Em’……..

#TheCastPodcast#TheCastPod “WE ALL HAVE A VOICE & A OPINION, IT’S JUST HOW U USE URS” As always #BEBless #StayBless #GODBLESS #RealRecognizeDeal

Platforms:

1) www.instagram.com/EcoFireTV (Sammy BE) www.twitter.com/EcoFireTV

2)www.instagram.com/LuisaModels (Luisa L) www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) www.soundcloud.com/Economic-FinanceReport (Podcast)

5) www.youtube.com/Economic&FinanceReportEFRTV (Youtube)

6) www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

THE CAST POD EP #9 feat. Xiomara (Youtube Edition) GLAMOUR COME UP………….

We Are Back folks, but it’s cold outside, it’s a cold world ol’ girl…….. #TheCastPodcast, LIVE & DIRECT

Bizman Bass (Sammy BE) @Ecofire, Luisa L. @LuisaModels, & Jon Da Don Sterling @TheDramaBlock. We are #TheCast don’t get it F**ked up, course not…. This momentous episode; #TheCast had a chance to interview a lovely up and coming model. This young woman is definitely on her grind, in a never ending modeling industry, whether it’s entertainment, media, fashion, social media modeling; her work ethic and her work accumen is undeniable. We had the incredible pleasure in interviewing XIOMARA (aka Xiomara The Model aka Miss Random); and y’all know what it is when #TheCast comes on the set….

We most definitely shut the interviews down (as we should)…….Y’all Already Know……. Xiomara came on the show, to discuss her trials and tribulations working in modeling, and she came to explain the hussles & motivation needed, in trying to make it to the top of an industry, that is constantly changing. The fashion and modeling industries, two forces hard to reckon with; it is what it is….. This is an episode that you don’t want to miss (@ all costs)#TheCast

“WE ALL HAVE A VOICE & OPINION. IT’S JUST HOW U USE YOURS”….. As always, Be Bless, Stay Bless, God Bless

THE PLATFORMS BELOW:

1) www.instagram.com/EcoFireTV (Sammy BE) www.twitter.com/EcoFireTV

2) www.instagram.com/LuisaModels (Luisa L.) www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) www.soundcloud.com/Economic-FinanceReport (Podcast/Online Show)

5) www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube)

6) www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

#TheCastPodcast Ep. #9: GLAMOUR COME UP feat. Xiomara The Model

The Cast Podcast Ep. #9: Glamour Come Up feat. Xiomara

“WE ALL HAVE A VOICE & OPINION. IT’S JUST HOW U USE YOURS”…..

As always, Be Bless, Stay Bless, God Bless

THE PLATFORMS BELOW:

1) www.instagram.com/EcoFireTV (Sammy BE)
www.twitter.com/EcoFireTV

2) www.instagram.com/LuisaModels (Luisa L.)
www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) @Economic-FinanceReport (Podcast/Online Show)

5) www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube)

6) www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

THE CAST PODCAST EPISODE #4: MONEY, MEDIA & MANAGEMENT Feat. MELINDA SANTIAGO (SANTIAGO FIRM)

THE CAST PODCAST… Back at it again, with another banging episode for your ears. Sammy BE @EcoFireTV & Luisa L. @LuisaModels, along with Jon Don Sterling “On The Boards” @TheDramaBlock.

On this podcast episode, we had a special guest interviewee. Our guest happens to be a super manager in the music and entertainment game, her clientele ranges from Bobby V. (Bobby Valentino), Houston, Texas rap legend Scarface (Gheto Boys), R&B duo group Ruff Endz, as well as her other major accolades; we were able to interview Ms. Melinda Santiago from (The Santiago Firm).

Melinda was able to give THE CAST PODCAST, insight into the music biz and particularly on how she runs her business. She provided context of what young artists (Millennials, Gen Z) need to do to be heard and gain exposure to a global audience.

She also provided the ups and downs of the entertainment business, and the struggles women have in the music business; but also the strong backbone she has, to be able to survive and progress in this male dominated business and industry.

This is an episode you surely do not want to miss.

As always #BEBless #StayBless #GODBLESS #RealRecognizeDeal

Online Platforms To Check Out:

1) www.instagram.com/EcoFireTV (Sammy BE)
www.twitter.com/EcoFireTV

2) www.instagram.com/LuisaModels (Luisa L.)
www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) www.soundcloud.com/Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)