Headlines

; CNBC @CNBC ·

These are the top 5 most expensive states to buy a house in 2022. (via @CNBCMakeIt) https://cnb.cx/3LWf3HE

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; CNBC @CNBC ·

11m 1576394593838440450

Mark Cuban says this was his worst "Shark Tank" investment ever: "Next thing you know, all of the money’s gone." (via @CNBCMakeIt) https://cnb.cx/3CaIMcs

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; Bloomberg @business ·

11m 1576394566734954497

President Xi Jinping is set to extend his rule as Chinese delegates gather for the closely watched China Party Congress. Here's what you need to know and why it matters.

Follow this story as it develops ⬇️ https://trib.al/qBHbulG

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Editorial

; The Kobeissi Letter @KobeissiLetter ·

9h 1576255568397799424

Things the Fed said 1 year ago:

1. Inflation is transitory, will hit 2% in 2022

2. Recession is very unlikely

3. Interest rates won’t rise until 2024

4. Inflation is actually good for you

5. They literally supported buying bonds/ETFs

Now, we are paying for these failures.

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; Marc Chandler @marcmakingsense ·

11h 1576224786149433345

ICYMI

Marc Chandler @marcmakingsense

US 2-year breakeven is below 2% now for the first time since late 2020. The 10yr breakeven slipped below 2.10% for the first time since February 2021. Partly predicated on continued Fed tightening. Yld of Dec 23 Fed funds futures 12.5 bp below Sept 23, down 7 bp this week.

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; The Kobeissi Letter @KobeissiLetter ·

11h 1576224127765004288

People are debating the definition of a recession while we have:

1. GDP down 2 straight quarters

2. Fastest falling housing market since 2008

3. Inflation at a 40 year high

4. Credit card debt up 20% YoY

5. Rising rates into slowing economy

Reality is beginning to set in.

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Corporate

; Fobi @fobi_inc ·

30 Sep 1575887368057397249

As reported by @verge, @Square now lets merchants use @Apple's Tap to Pay to process transactions. In a press release, the company announced that sellers with a compatible #iPhone can use Square's Point of Sale (POS) app to accept contactless payments. 📲

https://bit.ly/3y5Pjms

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; Fobi @fobi_inc ·

30 Sep 1575842119016644609

Data Driven Marketing-> With #inflation concerns, shoppers are more particular than ever. Unlock automated responsive decision making to provide a personalized, customized experience for your customers! 📲

#coupons #promotions #retailtechnology https://bit.ly/3ntScHZ

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; Fobi @fobi_inc ·

29 Sep 1575529224013856769

Hybrid, or omnichannel, shoppers have become a key demographic for #food retailers over the past several years. These hybrid shoppers are becoming more typical in the #business & need to be accommodated!

@pgrocer #groceryindustry https://bit.ly/3BSl2Zr

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