Dave and Busters is Still a Thing?
Today I go over some of the most important news in January. Or, at least what I think the best news of January has been that might make a difference for your portfolio! Just a quick three story podcast here. First Taco Bell, then trade wars and Economic Forum, after that a short little ditty on Dave and Busters.
All in all this is was a fun episode because I got to tell a little bit of my view on things. It’s not unbiased media, but it also isn’t completely toxic. Hope you guys enjoy!
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What’s up Toasters! My name is Skye and I go over investing every week so that maybe I can help an average Joe, like me. Today marks the third week of the month which usually means it’s pretty much over because let’s face it…you don’t normally remember the middle of any month, it’s either the beginning or the end!
So in light of that I’d like to try something new for you guys listening to me! First of all thank you for your support and I hope you enjoy this podcast as much as I enjoy creating it! It’s a blast for me so why not try to help people out with it? Every third week I’m going to do a monthly news recap for the highlights in business news that you may need to be aware of; I’ll most likely keep gossip out of it…even though that seems to be what news is these days.
Welcome to The Toasty Podcast
Let’s get Toasty!
General managers of fast food franchises are on the rise…as far as salaries are concerned anyway Taco Bell is trying out a new plan to pay their GMs 100K. Great job T Bell, and keep it coming. Have you tried the double decker taco, tbh pretty damn good. Also…pretty damn bad for you but I’m not sure you care when tbell is the only thing open and cooking just sounds like cleaning your room
For reference in-n-out pays their GMs an average of 160K. That’s an average
NBC is bringing their own fuel to the streaming fire with what they’re calling PeaCock. I don’t know about you, but it’s been said there’s always an innovator, then there’s the imitator and the idiot. Which one is Peacock? Let me know what you think, I want to hear your opinions about the future of streaming. @ToastySkye on twitter or email me skyeday@skyefi.co
On my end though, I’m becoming increasingly skeptical of these streaming services due to the lack of content creation happening before opening up the streaming flood gates; taking Disney plus for example, they have “plans” to introduce a treasure trove of content, but when it was released they have there classics, tons of trailers and The Mandalorian. So basically what you’re saying is…if you don’t have kids…you get one show out of the deal for right now.
Streaming Has Me Screaming
Reminds me of Netflix back in the day when they began creating original content, although they already had titles from all makes and models lined up at their door step to be part of the creation station. We’ll see what happens within the next couple years, but for now, I think Netflix is safe in the #1 spot for streaming across the world. What’s more, America only accounts for 33 percent of total netflix subscriptions so I don’t think a Peacock is going to scare them.
Softbank began some employee layoffs in their investments including Uber, WeWork (of course). Some say this could finally be a turning point in the SanFran business model where you don’t have to be profitable…to be profitable. But we’ll see what’s next for softbank. I think SoftBank has it rough right now, that’s for sure. But I also think there’s another turning point people may not be thinking about as far as investing goes, Venture Capitalists, Private Equity Firms and Activist Investors are beginning to look a lot like The Adams Family…they’re very different from each other but they all seem to be under one roof.
Kids These Days Don’t Even Know…
What the heck is Dave and Busters?
And speaking of private equity, Dave N Busters is feeling the activist vibe from KKR. KKR announced they have a 10.7 percent stake in Dave and Busters and yes, that’s all it takes to start pushing your agenda on a company…crazy isn’t it? Actually some PE groups like KKR, Golden State Capital and Sycamore buy under 5 percent of the company so they can get into the faces of management. Now Trump and Geta Thenburg are ramping up to join approximately 119 billionaires in Sitzerland for the 50th annual World Economic Forum. (or that’s what I’m calling it anyway, it has a much fancier name though). The Government was partially shut down last year so this might make for some decent YouTube Parodies of the speakers…stay tuned.
Mid-January (actually exactly January 15th), the US and China put one in the history books by signing a trade deal..kind of. China agreed they would buy 200 billion in exports from the US over the next two years. Whether it actually happens or not is beyond me. Meanwhile Huaweai doesn’t know how long it has on the tech shelf and fears there may be some consequences for data breaching that I feel like most people still don’t even really know about. We might get some closure at this Forum in switzerland because Huawei CEO is speaking there. Most likely to plea for his company.
All in all the trade negotiations aren’t over and I don’t think they will be anytime soon so we may be in for 2019 2.0 when september 2020 hits.
Get your options trades ready!
