Deutsche Bank Replacing 18,000 with Robots

Submitted by Chris Ducret on Wed, 11/20/2019 - 13:34

 Deutsche Bank announces they are will reduce 18,000 with robots (Business Insider Article).  DB argues that in their test they 

machine learning tools helped to save "680,000 hours of manual work" and that it "so far used bots to process 5 million transactions in its corporate bank and perform 3.4 million checks within its investment bank."

Sticks and Stone for Today?

Submitted by Chris Ducret on Sun, 11/17/2019 - 15:56

The old nursery rhyme 

Sticks and stones may break my bones but names will never harm me.

Coming about sometime in the mid to late 1800s (Wikipedia) looks to be null in the 201X's now.

Does the rhyme need to be updated?  Suggestions?

How about?

Will use sticks and stones to break your bones because of the names you call me.

How about

I will break your bones as names harm me. 


YouTube Deleting Accounts 2019

Submitted by Chris Ducret on Sat, 11/16/2019 - 00:53

Things are changing for YouTube and content providers.  The part that is making headlines is the section titled "Notice for Termination or Suspension".  You can find the new December T&C here (YouTube T&C Link).

The specific language of this section:

YouTube may terminate your access, or your Google account’s access to all or part of the Service if YouTube believes, in its sole discretion, that provision of the Service to you is no longer commercially viable

Disney vs Netflix (Revenue)

Submitted by Chris Ducret on Thu, 11/14/2019 - 22:35

As Disney jumps into the streaming game. Subscriber growth is impressive with 10M+ people signing up in a day or two.  Its great to see successful launches.  

When looking at the revenue generated by these companies, Disney is outpacing Netflix by 3.5x what Netflix earns. 

What is strange is Netflix trades at 93x its earnings vs Disney's more reasonable 16x earning.  If Disney is just moderately inflated, though making 3.5x the revenue, Netflix PE ration of 93 is nuts.  

Netflix vs Disney (Outstanding Shares)

Submitted by Chris Ducret on Thu, 11/14/2019 - 02:33

The release of Disney+ adds to the streaming wars.  Yahoo Finance noted today that with Disney+, the parent (Disney) is now has a market cap of Netflix.  Does Netflix raise to the level of praise with the likes of Disney??

As Yahoo pointed out, Disney has a market value of $268B vs Netflix's $124B

As I start to peal this onion, the first question is what are the outstanding shares:

US Population and Monthly Job Growth

Submitted by Chris Ducret on Wed, 11/13/2019 - 08:11

US population grows at a rate that requires 150,000 jobs be created every month.  150K is the key number to remember every month when job numbers are released by the US government.

If less than 150k, economy contracted.  Greater than 150k, growth in the economy.  =150k then just growing as par. I will explore over the next several posts what the economy may be looking like based on the released number. 

If you don't know the 150k rule then you may be misled by the headlines.