Pivot Covid’s ‘second wave’ and business, Europe brings antitrust suit to Amazon, and a prediction on fitness trackers
Nov 13, 2020
The impact of a potential second wave of COVID-19 on businesses and the stock market takes center stage. A deep dive into Europe's antitrust lawsuit against Amazon sparks discussion on competition and local retailers. Listener mail brings up the debate on free college education. Kara shares intriguing predictions about the future of fitness trackers amidst growing health tech trends. Humor, pop culture, and insights into consumer behavior complete this lively conversation.
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COVID-19's Impact on Business
- The COVID-19 pandemic is impacting businesses, with rising cases causing renewed lockdowns and shifts in consumer behavior.
- The pandemic has accelerated the adoption of at-home services and e-commerce, while traditional businesses face challenges.
Investing During the Pandemic
- Invest in pandemic-related stocks like Amazon, Peloton, Williams-Sonoma, and Restoration Hardware.
- These companies are well-positioned for a winter where people will be spending more time and money at home.
Europe vs. Amazon
- Europe's antitrust suit against Amazon focuses on its use of data to stifle competition.
- This strategy may be more effective in Europe, where local retail is stronger and consumer behavior differs from the US.