23 March 2021

1) Some analysts expect Tesla Inc. stock to hit $3,000 by 2025, up from its current price of $655. This would make the company worth almost $3 trillion dollars. This is based on expectation of a 50% chance of Tesla achieving fully autonomous driving systems within five years. This would allow the company to scale up its planned robotaxi service quickly. Additionally, Tesla’s insurance business adds value to the company, believing the offering could be rolled out to more states in the next few years with better than average margins, thanks to highly detailed driving data the company collects. Presently, their insurance is currently available only in California. Forecasts are for Tesla’s unit sales to be between 5 million and 10 million vehicles in 2025, assuming increased capital efficiency.

2) Intel made small waves by launching an ad campaign featuring none other than the “I’m a Mac guy” himself . . . Justin Long to explain why PCs are better than Macs. Intel’s five YouTube videos have racked up over a million views, but the ad campaign extends to a website extolling the benefits of PC over Mac. In the real world, a PC with an 11th Gen Intel Core mobile processor offers users more, with real research and test results to prove it. Many Apple M1 claims don’t translate to real world usage and appear questionable. When compared to a PC with the 11th Gen Intel Core mobile processor, the M1 MacBook features just don’t stack up.

3) After years of outcry about corruption and wasteful spending, Congress banned earmarks, the legislative maneuver of having special budget items that allow members to funnel money to projects in their districts. Earmark spending went away in 2011 after corruption scandals, but now it’s back on the table. Leaders in both parties are taking steps to allow limited earmarks on spending legislation, opening the door to the sort of ‘horse trading’ that Democrats hope could lead to GOP support for Biden initiatives on issues ranging from infrastructure to the annual federal agency funding bill. Republicans are leery of what type of taxes and revenue-raising devices the Democrats are considering to finance a legislative package that could top $1 trillion dollars. With $28 trillion dollars worth of debt, and on the way to a $30 trillion debt, the Congress ought to be focused on how to save money.

4) Stock market closings for – 22 MAR 21:

Dow 32,731.20 up by 103.23
Nasdaq 13,377.54 up by 162.31
S&P 500 3,940.59 up by 27.49

10 Year Yield: down at 1.69%

Oil: up at 61.47

#EFRPodcast Ep. #38 feat. Professor Helmut Norpoth: Model Gone Wrong!!!!

By: Economic & Finance Report

www.yotube.com/Economic&FinanceReportEFRTV

www.soundcloud.com/Economic-FinanceReport

#THECASTPODCAST EP. 16: LANSKY’S CORNER feat. LANSKY (YOUTUBE ED)

THE CAST PODCAST EP #16: LANSKY’S CORNER feat. LANKSY

23 October 2020

1) Police in all 50 states are using secret tools to break into locked smart phones, not for just major felony crimes, but for cases such as low-level shoplifting. Police are using phone-cracking technology far more often than was previously known, often without any warrants. The police can use this technology to extract all of a person’s information, including photos, text messages, contacts, web browsing history and even where a person has been including at what times. These software tools are sold by firms such at Grayshift, Cellebrite, and AccessData, with police spending from $9,000 to more than $20,000 to buy and license the tools.

2) The Muslim fundamentalist attacker, who beheaded a French school teacher, is reported to have paid students to identify the teacher before the beheading, says the French prosecutor. The Chechen teenager beheaded the French teacher for showing caricatures of the Prophet Mohammad in class. It has also been confirmed that contact has been established between the teenager and an angry parent at the school, who had called on social media for the teacher to be fired.

3) The internet app Quibi, mostly a mobile streaming service that struggled to keep up with its own hype, is shutting down, a move coming less than seven months after it launched. Although the company has enough money to keep operating for a significant period of time, it has decided to make a graceful exit. The company will shop around to see if anyone wants to buy its assets over the coming months, and then it will return cash to its shareholders. Quibi launched in the US and Canada this last April as a service for watching videos on the go, just when the lock-down for the COVID pandemic started. The timing was a misfortune, and flawed strategies kept the service from reaching its ambitious growth goals, plus they underestimated the number of viewers interest in watching on TVs. The service competed with YouTube, the short-video specialist that is already drawing in more than 2 billion viewers every month.

4) Stock market closings for – 22 OCT 20:

Dow 28,363.66 up 152.84
Nasdaq 11,506.01 up 21.31
S&P 500 3,453.49 up 17.93

10 Year Yield: up at 0.85%

Oil: up at $40.61

15 September 2020

1) The old, almost extinct vinyl record album technology for music has surpassed the newer high technology CD music media this year, by selling $129.9 million compared to $232.1 million dollars for vinyl records. This is the first time vinyl has outsold CDs since the 1980’s. About 8.8 million records were sold with 10.2 million CDs, so number wise CD’s are still ahead. Overall, the music industry now is center on digital downloads, digital subscription and streaming services such as Spotify, Apple Music and YouTube with revenues up 12% overall. The recorded music for the first six months of 2020 was $5.6 billion dollars so combined vinyl and CD’s are just a small fraction of the total business.

2) Amazon is hiring again expecting to fill 100,000 part time and full time openings across the U.S. and Canada. This is in addition to 33,000 technology and corporate jobs announced just a week ago, many paying six figure salaries. The 100,000 labor jobs pay at least $15 an hour with a $1,000 sign up bonuses in some cities. Amazon is opening 100 new buildings this month because of the pandemic fueled sales surge with increase home delivery, as shopping habits shift to e-commerce. Market value for Amazon is now at $1.6 trillion dollars and continues climbing.

3) Oil giant BP (British Petroleum) says the demand for oil may have peaked last year, that global market for crude oil might never recover from the coronavirus pandemic. The company considers there are three scenarios for energy demand, all of which forecast a decline in demand for oil over the next thirty years. 1) ‘Business as usual’ oil demand increases slightly after the pandemic crisis passes, then plateaus around 2025 finally it declines after 2030. 2) Governments take more aggressive steps to curb carbon emissions, 3) there are significant shifts in societal behavior, both leading to a decline in oil demand. All point to a shift in the world economic system with a significant decline in growth for many countries.

4) Stock market closings for – 14 SEP 20:

Dow 27,993.33 up 327.69
Nasdaq 11,056.65 up 203.11
S&P 500 3,383.54 up 42.57

10 Year Yield: unchanged at 0.67%

Oil: down at $37.38

#THECASTPOD EP. #10 feat. Nique @ Nite : Youtuber Nation (Youtube Edition)

EFR PODCAST EP. 34 Feat. DAMON BROWN YOUTUBE EDITION: FUTURE ENTREPRENEURS

STRICTLY BUSINESS, NOTHING PERSONAL: VLOG SERIES EP. #5: TALK SHOW BIZ

Strictly Business, Nothing Personal ep. #5: “Talk Show Biz

Sammy BE: @ecofiretv

Featured Actor: Logann Grace @loganngrayce

EFR PODCAST Ep. #29: SOCIAL ME PLATFORM Feat. Rodney Hassell

The EFR Podcast Ep. #29, James Lymon, Jon Don Sterling “On The Boards” and me Sammy BE ,brought you a great podcast. We interviewed a well known comedian and online sensation. This individual has captured hundreds of thousands of followers on the gram (IG) and his presence is known on the internet.

The EFR Podcast had a pleasure of interviewing Rodney Hassell, and his journey developing a comedic presence on social media platforms like IG and twitter, along with his development in attaining a growing audience.

Rodney discussed with us the business aspect and opportunities that can come with being popular on social media, and how it can assist an up and comer’s career or media profile forward. This was an interview you don’t want to miss listening to.

Website Platforms To Check Out:

1) www.instagram.com/EcoFireTV

2)www.twitter.com/EcoFireTV

3) www.Economic&FinanceReport.com (Economic & Finance Blog Site)

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

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

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

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