People love days like this; Thanksgiving, Black Friday and Cyber Monday. So far, Black Friday has been very chaotic, but this time it was much better. This is very important days for all the retailers, So, how is it going for them this time?
It`s no doubt; Trump`s booming economy is working. Thanksgiving broke records with $4,2 billion in online sales. Black Friday also hit a new high. Consumers spent $7,4 billion online last friday buying goods online via computers, tablets and smartphones.
Smart people buy products on days like this, and if you are one those who didn`t use your card last week, you have a few hours to do it today. On Cyber Monday. And if you do, you will not be alone to do it.
Last year, Cyber Monday sales hit $7,9 billion, but today it is estimated to hit $9,4 billion, according to Adobe Analytics. If this holds, it will be a jump of 18,9% from last year.
Shoppers do not go to the stores on days like this. It`s all about online sales. Not only that. Extreme weather will also force some people to shop online, and shoppers are expected to spend $11 million per minute during the peak hour of 11:00 p.m ET.
The reason why the lines were thiny on Black Friday is the retailers early sales start. Retailers began sales in early November, so people didn`t wait until Black Friday or Cyber Monday this time. This also means less chaos.
In fact, Black Friday was predicted to be the busiest shopping day of the year in the U.S for shoppers to head out to stores, but people made it online on their shopping carts. Online spending on Black Friday hit a record of $5,4 billion, and that is up 22,3% from last year.
The winners in this game so far is Target, Best Buy and Walmart, while the department stores are still a little bit slower. Both, Target and Walmart saw bigger jumps in online customer spending than Amazon during the first two weeks of November.
Nordstrom had the biggest jump in online sales. Up 60%. Second is Walmart with a 53% jump, while Amazon on the third place jumped 49%, and that`s huge for an already Giant in online sales if you ask me.
Buy online and pick up in stores as well as curbside pickup services since November 1 have seen a 43,2% growth since 2018, according to Adobe. Shoppers have so far spent a record $72,1 billion online between November 1 and December 1. Shoppers are also on track to hit $143,7 billion in online sales for the full holiday season.
One of the most popular products on days like this is a Smartphone. So, it`s headed for a new online spending record next year. Or…..
A new Mafia film is released on Netflix
today. The film is called «The Irishman» which is based on the 2004
book «I heard you paint houses» by Charles Brandt. It stars Robert
De Niro and Al Pacino to name a few.
The American epic crime film is directed and produced by Martin Scorsese and written by Steven Zaillian. The film follows Frank Sheeran (De Niro), a truck driver who becomes a hitman and gets involved with mobster Russel Bufalino (Pesci) and his crime family, including his time working for the powerful Teamster Jimmy Hoffa (Pacino).
Those who are interested in JFK need to
watch this film. After the 1960 election of John F Kennedy, Russel is
thrilled while Hoffa is livid. Kennedy`s brother Robert Kennedy, who
was named Attorney General, forms a «Get Hoffa» squad in an effort
to bring down Hoffa, who is eventually arrested in 1964 for jury
Hoffa is eventually released via a
Presidential pardon from Richard Nixon in 1971, although he is
forbidden from taking part in any Teamsters activities until 1980.
Hoffa discloses to Sheeran that he «knows things» that Bufalino and
the other dons don`t knows, and further claims that he is untouchable
because if anything ever happened to him, they would all end up in
Hoffa who had scheduled a meeting at a
local diner with Provenzano and Anthony Giacalone, is surprised to
see Sheeran arriving in a car with Hoffa`s foster son Chuckie O`Brian
and Sal Briguglio, who is another gangster.
They advise Hoffa that the meeting was
moved to a house where Provenzano and Bufalino are waiting for them.
Sheeran assures Hoffa that everything is fine and joins them in the
car. Upon entering the house, Hoffa is surprised to realize that no
one else is there and that he is being set up.
Hoffa turns to caution Sheeran, who then shoots him twice at point-blank range before leaving the gun and the body at the entrance. After Sheeran leaves, two younger gangsters arrive to take Hoffa`s body to a crematorium to eliminate all traces of him.
Sheeran, Russell, Provenzano and others
are eventually convicted on various charges unrelated to Hoffa`s
murder as promised by Hoffa, and one by one they begin to die in
prison. Sheeran is eventually released and placed in a retirement
He tries to make peace with his alienated daughters, but Peggy never forgives him for Hoffa`s disappearance. Sheeran prepares for his eventual death as a lonely man.
30 years ago, some people in Germany
were isolated from the rest of the world. They were trapped inside
the Berlin Wall that was a guarded concrete barrier that physically
and ideologically divided Berlin from 1961 to 1989.
Construction of the Wall was commenced by the German Democratic Republic (GDR, East Germany) on 13 August 1961. The Wall cut off West Berlin from surrounding East Germany, including East Berlin.
The Eastern Bloc portrayed the Wall as
protecting its population from fascist elements conspriring to
prevent the «will of the people» in building a socialist state in
East Germany. GDR authorities officially referred to the Berlin Wall
as the Anti-Fascist Protection Rampart.
The West Berlin city government
sometimes referred to it as the «Wall of Shame», a term coined by
mayor Willy Brandt in reference to the Wall`s restriction on freedom
of movement. The wall came to symbolize physically the «Iron
Curtain» that separated Western Europe and the Eastern Bloc during
the Cold War.
U.S Secretary of State Mike Pompeo
praised Reagan on Friday, saying he «courageously denounced the
greatest threat to that freedom, the Soviet Empire, the evil Empire.»
Reagan held a speech in 1987, but John F Kennedy said «Ich bin ein
Berliner» in a speech in West Berlin, on June 26, 1963.
That speech is widely regarded as the
best-known speech of the Cold War and the most famous anti-communist
Kennedy aimed to underline the support
of the United States for West Germany 22 months after Soviet-occupied
East Germany erected the Berliin Wall to prevent mass emigration to
the West. The message was aimed as much at the Soviets as it was at
Berliners and was a clear statement of U.S policy in the wake of the
construction of the Berlin Wall.
Another phrase in the speech was also
spoken in German, «Lasst sie nach Berlin kommen» (Let them come to
Berlin»), addressed at those who claimed «we can work with the
Communists», a remark at which Nikita Khrushchev scoffed only days
Chancellor Angela Merkel thanked the United States for its support in reunification in a speech on Friday. Kennedy`s speech «Ich bin ein Berliner», and Ronald Reagan`s memorable Berlin sentence from 1987, «Mr. Gorbachev tear down this wall,» as well as Barrack Obama`s speech at the Brandenburg Gate in 2016, are in all German`s memories.
Germany`s capital, Berlin was deep
within the area controlled after World War II by the Soviet Union.
Initially governed in four sectors controlled by the four Allied
powers (United States, United Kingdom, France and the Soviet Union).
Tensions of the Cold War escalated
until the Soviet forces implemented the Berlin Blockade, which the
Western allies relieved with the dramatic airlift. Afterward, the
sectors border between East and West was closed everywhere but in
Hundreds of thousands of East Germans
defected to the West via West Berlin, a labour drain that threatened
East Germany with economic collapse.
In 1961, the East German government
under Walter Ulbricht erected a barbed-wire barrier around West
Berlin, officially called the antifaschistischer Schutzwall
(anti-fascist protective barrier).
The East German authorities argued that
it was meant to prevent spies and agents of West Germany from
crossing into East. However, it was universally known as the Berliin
Wall and its real purpose was to keep East German citizens from
escaping to the West.
The Wall closed the biggest loophole in
the Iron Curtain, and Berlin went from being one of the easiest
places to cross from East Europe to West Europe to being one of the
The West, including the U.S., was
accused of failing to respond forcefully to the erection of the Wall.
Officially, Berlin was under joint occupation by the four allied
powers, each with primary responsibility for a certain zone.
Kennedy`s speech marked the first instance where the U.S acknowledged that East Berlin was part of the Soviet bloc along with the rest of East Germany. On July 25, 1961, Kennedy insisted in a presidential address that the U.S would defend West Berlin, asserting its Four-Power rights, while making it clear that challenging the Soviet presence in Germany was not possible.
30 years ago, in 1989, a series of
revolutions in nearby Eastern Bloc countries, Poland and Hungary in
particular, caused a chain reaction in East Germany that ultimately
resulted in the demise of the Wall.
After several weeks of unrest, the East
German government announced on 9 November 1989 that all GDR citizens
could visit West Germany and West Berlin. Crowds of East Germans
crossed and climbed onto the Wall, joined by West Germans on the
other side in a celebratory atmosphere.
The «fall of the Berlin Wall» paved
the way for German reunification, which formally took place on 3
Some people in Berlin say that they are
more divided today than 30 years ago. It actually started right after
World War II. East Germany differed from West Germany (Federal
Republic of Germany), which developed into a Western capitalist
country with a social market economy and a democratic parliamentary
Continual economic growth starting in
the 1950`s fueled a 20-year «economic miracle». As West Germany`s
eceonomy grew, and its standard of living steadily improved, many
East Germans wanted to move to West Germany.
Today, we can see that it all boil down
to one ting: The richest people in Germany live in the West.
Big companies and high income is
missing in the East were only 36 og Germany`s 500 biggest companies
have headquarters. In 1991, East Germany`s GDP per capita was
equivalent to just 43 percent of that in West Germany, but now it`s
75 percent (2018). According to a poll, most East Germans still feel
like «second class citizens.»
About 2 million people have left the East for the West after the fall of the wall, and two thirds of them were women. The Eastern population is older, poorer and more male. Only two soccer teams out of 18 are from the East. Interestigly, the far-right is doing it better in the East.
It all goes back to Stalin and the
Communists. The German Democratic Republic (GDP, East Germany) was
declared on 7 October 1949. By a secret treaty, the Soviet Ministry
of Foreign Affairs accorded the East German state administrative
authority, but not autonomy. The Soviet permeated East German
administrative, military and secret police structure and had full
The Organization for Economic
Cooperation and Development (OECD) said schools were «a justifiable
source of pride for the East Germans.» OECD said that while
education system in the former West focused on dividing children into
different ability groups early on, the Eastern system was more
But after the fall of the wall, the
East was eager to do everything in the Western way, even education.
The education system in the East become more unequal. Kids drops out
of school and are worce off in the East than in the West. In West
Germany, people look back at East Germany in a very negative sense.
The West are more conservative and
religious. Politically, Germany is still very divided. Voters in the
former Communist states are voting the far-right AfD.
You can see what the communists have
done to the mindset and the community. We know the story of one of
the founders of Google, Sergei Brin. His parents escaped from Moscow
to the United States. They separated the kids on the school. Brin
couldn`t participate with the other kids in gym and matematics.
Indoctrination of Marxism-Leninism
became a compulsory part of the school curricula, sending professors
and students fleeing to the West. The East Germans created an
elaborate political police apparatus that kept the population under
close surveillance, inluding Soviet SMERSH secret police.
Who wants to live in a hell like this?
The emigrants tended to be young and well-educated, leading to the
brain drain feared by officials in East Germany. They stated «the
flight of the intelligentsia has reached a particularly critical
The loss was disproportionately heavy
among professionals, engineers, technicians, physicians, teachers,
lawyers and skilled workers. The brain drain of professionals had
become so damaging to the political credibility and economic
viability of the East Germany that the re-securing of the German
communist frontier was imperative.
Following World War II, Soviet leader
Joseph Stalin headed a group of nations on his Western border, the
Eastern Bloc, that then included Poland, Hungary and Czechoslovakia,
which he wished to maintain alongside a weakened Soviet-controlled
As early as 1945, Stalin revealed to
German communist leaders that he expected to slowly undermine the
British position within the British occupation zone, that the United
States would withdraw within a year or two, and that nothing would
then stand in the way of a unified communist Germany within the bloc.
The major task of the ruling communist
party in the Soviet zone was to channel Soviet orders down to both
the administrative apparatus and the other bloc parties, which in
turn would be presented as internal measures.
Property and industry was nationalized
in the East German zone. If statements or decisions deviated from the
described line, reprimands and punishment would ensure, such as
imprisonment, torture and even death.
In 1949, following disagreements
regarding reconstruction and a new German currency, Stalin instituted
the Berlin Blockade, preventing food, materials and supplies from
arriving in West Berlin. The United States, the United Kingdom,
France, Canada, Australia, New Zealand and several other countries
began a massive «airlift», supplying West Berlin with food and
The Soviets mounted a public relations
campaign against the Western policy change. Communists attempted to
disrupt the elections of 1948, preceding large losses therein, while
300,000 Berliners demonstrated for the international airlift to
continue. In May 1949, Stalin lifted the blockade, permintting the
resumption of Western shipments to Berlin.
After the Soviet occupation of Eastern
Europe at the end of World War II, the majority of those living in
the newly acquried areas of the Eastern Bloc aspired to independence
and wanted the Soviets to leave.
Taking advantage of the zonal border
between accupied zones in Germany the number of GDR citizens moving
to West Germany totaled 187,000 in 1950. 165,000 in 1951. 182,000 in
1952, and 331,000 in 1953.
One reason for the sharp 1953 increase
was fear of potential further Sovietization, given the increasingly
paranoid actions of Joseph Stalin in late 1952 and early 1953.
The fall of the Berlin Wall is a symbol
of the Cold War in post-World War II Europe. The Wall separated East
and West Berlin for 28 years, and it illustrated the gap between two
political ideologies; Capitalism and Communism.
On Saturday 9 November, Berlin will celebrate the 30th anniversary of the peaceful revolution and the fall of the wall.
The freedom-fighters continue to
protest against the Communists in China, but it isn`t cheap. The Hong
Kong economy shrank 2,9 percent YoY in the third quarter of 2019.
They`re on the way down to recession for the first time since the
third quarter of 2009.
The economy is declining while the government spending are growing at a faster pace. What a toxic mix. Government spending increased 5,3 percent while fixed investment declined 16,3 percent. Private consumption shrank 3,5 percent and exports of goods fell 7 percent.
The freedom-fighters in Hong Kong have
used masks for months now, but today they celebrated Halloween. But
the Hong Kong police fired tear gas into the crowd of masked
People in Hong Kong need to know that the rest of the world is supporting them, and everybody in this world must ask themselves what the value of money is compared to freedom? Readers of Shinebull.com know that money is worthless. Freedom isn`t.
McDonald`s Corporations is expected to
report earnings on Tuesday 22 before market open, and the reported
EPS forecast for the fiscal Quarter ending September 2019 is $2,21
which is up from last years $2,1 for the same quarter.
So far this year, the stock is up 17% and that is 2% lower than the S&P 500. Nor is it as good as its restaurant peers. Earnings is expected to be $2,21 a share on revenue of $5,48 billion. Previous quarter, they had an earnings of $2,05 a share and revenue of $5,34 billion.
Analysts have praised McDonald`s use of
technology and their investments in AI, but also its experience of
the Future restaurant remodeling.
Earlier this summer, McDonald`s partnered with Doordash to expand new sales in the direct delivery market. A direct attack on Uber Technologies’ Uber Eats.
McDonald`s is the largest food
restaurant in the world and their move to adopt plant-based protein
patties for Beyond Meat can give McDonald`s a boost. This is a pilot
project and it doesn`t mean that fast food chains will stick to
keeping plant based products on the menu.
Beyond Meat is a huge success and
partnered with McDonald`s across 28 locations in Canada, but at the
same time the company`s burgers were pulled from locations in another
big regional Canadian fast food chain called Tim Hortons.
The demand for alternative proteins continues to skyrocket and analysts expect that the plant based products will take a huge bite of the traditional meat industry over the next decade. Barclays believe the market for alternative proteins could hit $140 billion by 2029.