The Pulse on the Economy and Capital Markets: September 6–10, 2021|
Reading Time: 2 minutes
At a glance
- Last week US stocks underperformed International, and stocks globally underperformed bonds as investors question upcoming earnings. As supply chain constraints and lost sales spike input costs and prices, we look back on the 20th anniversary of 9/11.
- As US stocks trail International, and stocks globally underperform bonds, stock investors shift to predictable industries like utilities.
- Companies raise prices and reduce margins as supply chain constraints and lost sales increase the cost of goods. Disappointing profits could cause markets to pull back temporarily in the months to come.
- We’re reading about the Epic Games ruling’s impact on Apple, Starbucks Howard Schulz’s funding of a small business education website, and we look back on the Heroes of 9/11
- Epic Games Court Ruling Unlikely to Seriously Damage Apple’s Services Business
- Howard Schulz of Starbucks is funding a small business education website with hundreds of video lessons aimed at helping small businesses
- The Heroes of 9/11
- Saving Par: the 9/11 Story that Inspired Tom Brady
- The Amazing Heroism of Rick Rescorla
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