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Friday, December 8, 2023

Investing -- Rambling -- December 8, 2023

Locator: 46257INV. 

Chart of the day: just think -- one can buy bonds paying 5% with zero risk -- and wait a whole year to book that full 5% ... or ... 

Early morning trading: Dow surging.

Groceries: same day delivery -- will be huge challenge for Target.

  • Walmart and Amazon will be in better shape.
  • news coming out regarding same-day grocery delivery suggests concern for the industry
  • bottom line:
    • for Target: manpower intensive; discussed previously
    • Amazon,Walmart might be able to make it work
  • Amazon tests subscription service for grocery delivery; subscription of $10 on top of existing Amazon Prime subscription; link here.

Target: I get a kick out of this -- on the one hand, folks complain about high cost of groceries, and then able-bodied folks who make those complaints, turn around and pay someone to pick up their groceries for them. By the way, there is some low-hanging fruit ... maybe a discussion for another time ...

EVs: Tesla. 

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