Motley Fool Money Brokerage Madness, Pepsi’s Pop, and Wrestling Smackdowns
Oct 4, 2019
Dan Kline, a Motley Fool contributor focused on technology and consumer goods, shares insights into the competitive world of professional wrestling, comparing the innovative AEW to the traditional WWE. He also discusses how Pepsi's diversified product line drives impressive growth, while McDonald's and Harley-Davidson navigate their own market challenges. With price cuts shaking up brokerage firms, Kline highlights the industry's evolution and the impact on consumer choices. Tune in for a blend of finance, food, and a hint of wrestling drama!
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Brokerage Shakeup
- Schwab's commission cuts benefit clients but hurt shareholders, especially E-Trade and TD Ameritrade.
- Schwab, with the lowest expense basis, can handle this change due to its scale, setting a precedent for others.
TD Ameritrade's Acquisition Strategy
- Harsh market reactions to commission cuts may be overreactions, with TD Ameritrade being a potential consideration.
- The Scottrade acquisition likely factored into TD Ameritrade's ability to adapt to this change.
Costco's Customer-Centric Model
- Costco demonstrates the power of customer-centric businesses, transcending leadership changes.
- Despite market saturation concerns, Costco's membership renewal rates and international expansion show growth potential.