đŞ âI just bought a baseball team nbdâ â Atlanta Bravesâ stock. Crocsâ collab economy. Chinaâs no-bad-news policy.
Aug 16, 2023
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Atlanta Braves becomes first publicly-traded baseball stock. Crocs collaborates with Pop-Tart. China cancels youth unemployment report in 2023. The hosts discuss fan ownership, brand collaborations, and China's economy.
The Atlanta Braves becoming the first publicly-traded baseball team allows fans to invest and potentially increase loyalty and engagement.
Brand collaborations, like the recent Crocs and Pop-Tarts partnership, aim to gain exposure and attention while minimizing costs.
Deep dives
The Atlanta Braves become the first publicly traded baseball team
The Atlanta Braves, now the Major League Baseball's first publicly traded team, have seen a rise in revenues but also increased operating costs due to player salaries. Despite having a successful season on the baseball diamond, the Braves swung from a profit to a loss. This move allows fans to invest in the team and become 'fanvestors', potentially leading to increased loyalty and engagement.
Brand collaborations are on the rise
Crocs and Pop-Tarts recently collaborated to create a unique package deal, combining shoes and food. This collaboration is part of a larger trend in brand collaborations, with a record number of mashups between completely unrelated brands this year. These collaborations aim to generate attention and social media impressions, rather than drive significant sales. They offer an affordable way for brands to gain exposure and maximize attention while minimizing costs.
China halts publishing its youth unemployment rate
China has stopped publishing its youth unemployment rate, which reached a record high of 21.3% in July. This decision follows a pattern of China suppressing negative economic data and attempting to present a positive spin on unfavorable news. Analysts have grown increasingly skeptical of China's data transparency, which raises concerns about the health of the Chinese economy. The current state of the Chinese economy mirrors that of Japan in 1993, with deflation and economic troubles on the horizon.
The Atlanta Braves just became the first publicly-traded baseball stock â So we jumped into their roster⌠which is their earnings report. Ever heard of a Croc-Tart? Itâs a Crocs and Pop-Tart collab â Because collabs are affordable noise. And China just canceled its Youth Unemployment Report â Because 2023 China is starting to look like 1993 Japan.
$CROX $K $BATRA
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