Bloomberg Businessweek
Whirlpool and Mattel CEOs Share Insights on the Consumer
Oct 26, 2023
Whirlpool and Mattel CEOs discuss earnings and consumer trends. Topics include soft discretionary purchases, strong replacement business, impact of Barbie movie on sales, and strong holiday season for Mattel. Also explores the importance of trust and transparent AI systems, risks and challenges of cryptocurrency investment, and regulatory outlook for Bitcoin.
40:21
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Quick takeaways
- In the podcast, Whirlpool CEO Marc Bitzer discusses soft discretionary purchases but a strong replacement business, highlighting the current trend in consumer spending.
- Mattel CEO Ynon Kreiz talks about the impact of the Barbie movie on sales, demonstrating the influence of media and entertainment on consumer behavior.
Deep dives
The Rise and Fall of FTX: A Cryptocurrency Frenzy
The documentary explores the rapid rise and fall of SPF and FTX, showcasing the head-spinning frenzy around cryptocurrency. It delves into the questionable practices and risks involved in the unregulated crypto market, where investors hand over their money to individuals without the same checks and balances found in traditional finance. The documentary highlights the fraudulent nature of FTX and the potential consequences for investors. Additionally, it examines the role of regulators and the challenges they face in trying to oversee the crypto industry.
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