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Money

Los Angeles Port backlogged ahead of upcoming Christmas season

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With ports across Los Angeles currently experiencing backlogs, due to the amount of cargo ships waiting to dock, how will this affect the upcoming Christmas shopping period?

Wedbush Securities’ Brad Gastwirth gave his thoughts from a technology point-of-view:

If you look at things right now, there are semiconductor shortages,” Gastwirth proclaims. “But we have had this logistics problem because of COVID closures at different ports.

“There have been closures domestically (in the United States) and across several of the major ports around the world.

“This has just added to the end-product delay.”

Gastiwrth notes there could be another effect on items being delivered, and on shelves.

“China could be limiting some production because of power,” he adds. “This could see less items on shelves.

“This could be good for OEMs, as they will not need to discount as much as they do.”

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Money

Leading podcast cuts through finance commentary noise

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With so much financial commentary out there, how do you find clarity?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by host of ‘This Is Money’ Podcast, Glen James. #wyld money #trending

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Money

Will slashing immigration curb the housing crisis?

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The Australian Coalition has revealed its strategy to tackle the housing crisis by reducing migration numbers.

Opposition Leader Peter Dutton’s proposal to cut immigration by a quarter aims to tackle the housing crisis but has been met with skepticism for overlooking deeper structural issues.

Mark Wyld from MW Wealth joins to discuss. #trending #featured #wyld money

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Money

Apple Music’s controversial top 10 albums of all time

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Apple Music has released its highly anticipated “100 Best Albums of All Time” list, with the top 10 rankings causing a bittersweet symphony of destruction for some music lovers.

The list was curated by a panel of experts and based on various factors including cultural impact, critical acclaim, and commercial success, with the aim to celebrate the most influential and timeless albums across genres.

As reported by the official Apple Music Newsroom blog post, the top ten best albums of all time are the following:

10. Lemonade (2016), Beyoncé

9. Nevermind (1991), Nirvana 

8. Back to Black (2006), Amy Winehouse

7. good kid, m.A.A.d city (2012), Kendrick Lamar

6. Songs in the Key of Life (1976), Stevie Wonder

5. Blonde (2016), Frank Ocean

4. Purple Rain (1984), Prince & The Revolution

3. Abbey Road (1969), The Beatles

2. Thriller (1982), Michael Jackson

1. The Miseducation of Lauryn Hill (1998), Lauryn Hill

In other news, Apple recently became the first company to hit a $3 trillion stock market value, before falling just below that milestone, as reported by Reuters.

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