Happy Friday CEO!

These 5 things happened while you were growing your empire…

1. 🤷🏻‍♀️ Markets Confused Over Recession

According to hedge fund manager David Neuhauser, “Somebody has it wrong … It’s hard to describe who has it [wrong though] yet.” With falling oil prices & rising gold prices many experts are spreading more recessionary fears for 2024. Yet other signs point to a very soft landing. Read more here.

2. 🇨🇳 China Is Struggling To Curb Deflation

Despite many countries struggling to curb inflation, prices for many goods in China are falling. A recent change in their Consuemr Price Index sent urgent acution requests from Beijing to boost demand and prevent a downward spiral of prices. Read more here.

3. 🚢 Panama Canal Delay Pushed Into 2024

Bulk grain shippers sailing goods from US to Asia are taking longer routes and paying higher freight costs to avoid delays and record-high transit fees amid the drought that’s hitting the Panama Canal. Read more here.

4. 🎰 Tim Cook Is Making A Risky Bet

An op-ed titled “Tim Cook is Risking His Legacy on a Pricey Product in an Unproven Market” turned some heads today. CNN reporter Samantha Murphy Kelly argued Apple’s new Vision Pro headset, Cook’s first new major hardware product in 7 years, is facing a crazy uphill battle. Read it here.

5. 🪧 UAW Filed Labor Practice Charges

United Auto Workers have filed unfair labor practice charges against Honda, Hyundai, and Volkswagen claiming they have all been “union busting” just two weeks after the UAW said it was launching an unprecedented campaign to organize 13 nonunion US automakers. Read more here.

Produced by: @MarketingMax​

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