Howard Stern made it official today, another five years at Sirius XM. And why not? He works three days a week and is live M-W 7:00AM-10:00AM. I love what he has done for the company and he has been spot on during COVID. Good call Howard!
On the other hand, Governor Whitmer added more holiday misery to Michigan’s dining, entertainment and hospitality industries extending the order to December 20. We need these folks in business for their livelihoods. Restaurants, movie theaters and other venues have proven they have taken the right steps to prevent outbreaks. Tell me, when they took our names and phone numbers when we were seated at a restaurant, how many times did restaurants actually have to call customers about an outbreak? None that were reported.
My two new favorite products are Ginger Lily Farms Botanicals Red Kaolin Clay Mask and ForPro Professional Collection Peppermint Cooling Gel. I used both products for a pedicure and my feet feet never felt so good afterwards. The clay mask is also amazing for facials and hands. The cooling gel is also excellent for sports massage and sore muscles. Oh, the smell of it is so delicious you will want to eat it, smells just like a York peppermint.
After more than 60 years, IKEA decided to ditch its catalog. Not only makes sense, but they will no longer have to produce and print 200 million copies. Sucks to being the printer losing that business.
Wella formed its own division separate from Coty December 1. What was one of the first things they did? Give Sally Beauty a deal to sell OPI polish for $5 to consumers.
I haven’t played Texas Hold’em since February and not sure when the next time I will be able to play at a casino in Michigan. So what am I going to do instead? That’s right, after a very long hiatus, I am going to try golf once again.
Inflation is coming. With the dollar falling more than 12% recently and metals increasing due to COVID recovery, we are seeing tremendous price increases from our factories in China from foil sheets to diffusers. Also freight containers from China have gone from $4500 to $7500 and demand is at a near record so costs will continue to escalate. Watch for higher prices second half 2021.
Nitrile gloves continue to be in short supply and prices are going up again. The biggest maker of them, TopGlove, had to shut down most of its factories in Malaysia due to COVID. I would not be surprised to see prices at $30 a box and higher in 2021.
Tesla, Tesla, Tesla. Elon Musk will shortly be the richest person in the world. And just to think that just a few years ago, he was nearly broke. Shorts have lost billions in the stock and come December 21, TSLA will be added to the S&P 500. The stock is already up more than 800% and one analyst pegged it over $1000 (recently at $630) which would put the value of the company near $1 trillion. If Musk merged SpaceX with Tesla, certainly the value would go even higher. Musk is truly an American success story and I look forward to see how Tesla fares over the next decade.
The end of business desk phones? We are exploring options to eliminate them altogether and using desktops for voice calls. Then again, who needs desk phones unless you are a telemarketer?