The Pulse on the Economy and Capital Markets: Jan 17 – Jan 21, 2022

At a glance:

• The markets had another rough week as stocks declined 4% globally, and investors favor lower-risk assets.
• Investors continue to worry about inflation and how quickly the Fed will respond.
• The video game industry takes a giant leap towards the Metaverse as Take Two Interactive and Microsoft announce huge merger and acquisition deals.
• Inflation continues to wreak havoc, specifically on middle class consumers. The growing frustration is resulting in a decline of sales for restaurants and discount stores.
• As it relates to industry news, we’re reading about big deals taking place in the video game industry, Warren Buffet’s $3.9 billion renewable energy project in Iowa and Netflix quietly admits streaming competition is eating into growth.

Related resources:

• Microsoft Buys Scandal-Tainted Activision in Bet on Metaverse
• Mergers and acquisitions: Behind game industry deals during a pandemic
• Warren Buffett’s MidAmerican Energy plans $3.9 billion renewable project in Iowa
• Netflix quietly admits streaming competition is eating into growth

Disclosures

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