The Pulse on the Economy and Capital Markets: Jan 17 – Jan 21, 2022
January 25, 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.
- 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
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About the Author
Chief Investment Officer At Aprio Wealth Management At Aprio Simeon is the Chief Investment Officer of Aprio Wealth Management and the Director of Aprio Family Office. Simeon brings two decades of professional investing experience in publicly traded and privately held companies, as well as senior-level operating and strategy consulting experiences.