Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries.
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The price of our furry friends has slumped as people adjust to inflation and go back to offices.
Looking for a home.
As investors look for signs of cooling inflation, there is one discretionary purchase that is firmly in deflation: pets.
Prices of our furry friends have slumped over the past year as demand has fallen with people returning to offices and rising costs pinching wallets. The pandemic pet boom is well and truly over.