Posts Tagged ‘Media Navel Gaze’

MNGCoverage of the “flight” paths and playbooks of the Paris terrorists dominated the front pages all week following a raid on the “terror den” outside Paris, which killed the supposed mastermind, while another hostage situation place -- this time in the capital of Mali -- left 27 dead and many wounded  amid reports that jihadists tied to al-Qaeda were responsible for the attack in Africa; in Europe and the US a backlash against Syrian refugees appears to be growing, while the entire conflict is making friends of unnatural enemies, namely Russia and Iran.

Elsewhere:

  • Convicted US spy Jonathan Pollard was released from prison after a 30-year sentence;
  • Stocks posted a very positive performance with the Dow advancing some 3.4 percent for the week to end Friday at 17,823;
  • Square went public, priced low and then surged 45 percent in its first day of trading amid mixed signals about tech IPOs for the payments startup;
  • Gawker will change focus to political news with early focus no doubt on the US elections;
  • Conde Nast is shutting down Details, suggesting clearly that most men need little fashion advice; and
  • Adele’s “25” dropped and did a lot of tears.

LatAm Gaze

  • Argentina on Sunday elects a new President, with Daniel Scioli (backed by the current regime) and Mauricio Macri (backed by the opposition) competing to succeed the incumbent, Cristina Kirchner; and
  • Brazil reported 169,000 job closings during October, the worst print since 1992. End of Story
Share:
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print

MNG

“This is horror,” told French President Francois Hollande to his countrymen on TV Friday night as he declared a state of emergency in the nation and closed its borders.  The quote was repeated in coverage throughout the weekend but was one that seemed actually to underestimate the devastation, loss and threat from the attack in Paris, where 132 died and more than 300 injured. ISIS reportedly claimed responsibility for the seven terrorist attacks in Paris, which incidentally all occurred in places of fun, sport and entertainment and most of the victims young; News coverage understandably focused on little else, with stories ranging from the “message” to the losses, plan and security concerns, among others. Hard to gaze on other topics but elsewhere:

  • Jihadi John was reportedly killed in a drone strike;
  • Russian track and field athletes were suspended from international competition amid allegations of doping;
  • The General Counsel of Al Jazeera America was found to have no license to practice law, making the news agency potentially exposed in lawsuits;
  • The Dow suffered losses most of the week, along with other global markets, sliding 3.7 percent to close Friday at 17,245, ending its recent six-straight weeks of advances;
  • Macy’s reported a 5.2 percent drop in sales, spooking the market and retailers ahead of the holiday buying season; and
  • Cheers! Anheuser-Busch InBev completes its acquisition of SABMiller.

LatAm Gaze

  • México's Central Bank continues to debate how to react to the Fed's potential rate increase while the latest report of the country's GDP by Mexico's statistics agency reported 2.5% growth through the year;
  • Volatility in the Mexican peso continues as it appreciates to 16.7 pesos per dollar;
  • Rumors persist in Brazil that President Roussef has agreed to remove Finance Minister Levy from his position;
  • Chile's central bank held its key interest rate steady at 3.25% on Thursday, although a potential rate hike is likely in the next few months to tamp down high inflation. End of Story
Share:
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
No Comments » Written on November 16th, 2015 by
Categories: From the News, Media Navel Gaze
Tags: , , , ,

Media Navel GazeIn what seems to be a shift in strategy, President Obama is sending troops of the “special forces” kind to Syria in what seems to be the first US official military presence in the region in the fight against Islamic State. This after a US soldier was killed in Iraq. Nothing feels good about this at all.

Elsewhere:

  • The Republican debates continued last week in Boulder and the losers looked to be CNBC, whose commentators must not be feeling good about this at all and were called many things including “obnoxious” for their statements and tone (Peggy Noon in Weekend WSJ, “Declarations” column);
  • Also probably not feeling too good either is Bill Ackman, who saw red and much ink because of his $4 billion investment in Valeant;
  • China dumped its one-child policy as its population ages;
  • Pfizer and Allergan are considering a whopper of a merger;
  • Fed kept rates steady…for now;
  • Rep. Paul Ryan (R-Wisc.) became Speaker of the House;
  • ESPN shut down Grantland, whose homepage greets with “It was a nice run”; you will be missed;
  • The Dow ended the month strong, up some 8.5 percent, closing Friday little changed at 17,663;  for the year, the barometer is down 0.9 percent; and
  • Taylor Swift is sued allegedly for stealing the lyrics to “Shake It Off.”

LatAm Gaze:

  • Falling commodity prices and slowing economic growth in emerging markets have scared away investors, but Latin American IPO volumes have jumped 133% to $1.9 billion, compared with $800 million over the same period last year, with Mexico propelling LatAm to the top of the emerging markets IPO league table this year.
  • Latin American stocks and currencies rose this week as investors were optimistic that the US Fed would signal a delay in a rate hike until 2016.
  • On Friday, Colombia’s central bank raised its benchmark borrowing rate 50 basis points, the second straight month of tightening, on inflation concerns. The bank said it decided to increase the rate to 5.25% from 4.75% after taking into consideration an uptick in inflation and an easing of the deceleration of domestic demand. End of Story
Share:
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print

The Week UnpeeledMedia Navel Gaze

Presidential hopeful Hillary Clinton seemed to get buckets of positive ink from both sides of the political fence last week for her performance (and emphasis on performance – called “presidential”) in front of a Republican-led congressional panel over the 2012 attack in Benghazi, Libya, which all in all make the polls a bit more exciting where Clinton and Sanders are still pretty much neck and neck (CBS/YouGov with Clinton at +3) but Clinton’s neck is gaining momentum, it seems.

Elsewhere:

  • Vice President Joseph Biden announces he will not run for president;
  • Rep. Paul Ryan (R-Wisc.) announced he was ready to run for Speaker of the House;
  • Alphabet, formerly known as Google, announced strong quarterly gains and a $5.1 billion stock buyback, its first-ever share repurchase;
  • China cut rates, the sixth time this year, and paired the ease with a reduction in bank-reserve requirements, sparking a stock-market rally;
  • The Dow roared back and ended Friday at 17,646, its fourth advance in as many week and up some 8.4 percent for the month; and
  • Oprah invests big in Weight Watchers and stock watchers weigh in to buy;
  • Home sales posted big positive results, a welcome sight for the economy;
  • An unwelcome sight, however:  Hurricane Patricia hit Mexico in what was billed in bold cap everywhere as the strongest storm ever recorded in the Western Hemisphere;
  • Disney releases advance tickets to “Star Wars: The Force Awakens”; and
  • Daniel Murphy happened.

LatAm Gaze:

  • Argentina holds its presidential elections this Sunday, in a race that will carry huge implications for what becomes of the current turmoil-ridden government;
  • Following the release of September jobs data, Brazil’s YTD unemployment situation is now at its worst level since 2002; and
  • Guatemalans today will head to the polls for the second round of their presidential elections. End of Story
Share:
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print

Media Navel Gaze

The Week Unpeeled

Amid signs that the IPO and transaction markets may be cooling, two mergers in the works are keeping Wall Street busy with Dell deciding last week to buy EMC for $67 billion and AM InBev now acquiring SAM-Miller for some $14.2 billion after frothy bidding, making the combined cooler holding as many as 158 brews by some reports.

Elsewhere:

  • US banker James Staley to be UK Barclays’ chief;
  • The White House decides to keep troops in Afghanistan, reversing exit plans;
  • Fantasy sports sites take the heat amid government probe on whether this is betting;
  • Wal-Mart issues profit warning by as much as 12 percent, blamed on spending but retailer watchers a bit spooked;
  • Former Microsoft big Ballmer reveals that he is one of biggest investor in Twitter with 4 percent stake;
  • Stocks slowing gaining ground with the Dow up about 0.8 percent for the week to end at 17,215 as dollar shows strength in third straight week of advances for equity markets; and
  • Playboy faces the naked truth: The net is free so the once trailblazing magazine will now be nude free -- but real truth remains if people will really read the stories. End of Story
Share:
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print