T Bill's Plain Market Talk artwork

11/27/21 – Friday’s Market Drop, Black Friday Sales Down 28%, Oil Down 13%, A Last Hurrah For Two Iconic Retailers, A Possible $1.6 Trillion Electric Vehicle Play, Enron’s 20th Anniversary

T Bill's Plain Market Talk

English - November 27, 2021 23:06 - 15 minutes - 13.9 MB - ★★★★★ - 10 ratings
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Previous Episode: 11/23/21 – Oil Prices Rising In Spite of Release of Strategic Reserve, Dollar Tree Now $1.25, Price Elasticity Explained, Zoom Taking a Hit, Jerome Powell Staying As Federal Reserve Chair

Next Episode: 11/29/21 – Market Recovers Friday’s Losses, Fed Chairman’s Comments on Omicron and the U.S. Economy, Twitter Founder Steps Down, Amazon About to Overtake UPS and FedEx, Spider-Man’s Big Ticket Sales

Hello everyone, it’s Bill Thompson – T Bill

Some of the things covered on today’s session include:

Friday’s market drop and the possible rection on Monday

Black Friday sales down 28% and why that may not be as bad as it seems

Oil was down another 13% on Friday

A possible $1.6 Trillion electric vehicle play

A possible last Black Friday for Sears and Kmart

The upcoming 20th anniversary of Enron’s Bankruptcy

Peloton is suing Lululemon

The big Labor Report and the upcoming week