Motley Fool Money Big Banks, Taco Czars, and Seeing Success
Jul 16, 2021
Emily Balcetis, an NYU psychology professor and author of "Clearer, Closer, Better," dives into the psychology of success and decision-making. She discusses her unique learnings about motivation, including how visual framing influences sales and goal-setting. Balcetis shares personal anecdotes, like juggling motherhood while picking up drumming. The conversation also touches on the importance of innovation in business strategies, underscoring the balance between emotional responses and long-term investing.
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Inflation and Employee Costs
- Focus on how companies manage employee costs amid inflation.
- Rising inflation can be a good time for stock investors due to companies' pricing flexibility and scalability.
Big Bank Earnings
- Big banks reported earnings with themes of low rates, good credit quality, and loan growth challenges.
- Wells Fargo shows signs of a turnaround, potentially becoming an investment opportunity.
Delta's Recovery
- Delta reported its first profitable quarter since 2019, with domestic travel recovering but international travel still lagging.
- Corporate travel is showing signs of life, but transatlantic and transpacific remain weak.
