#according to MarketWatch.

[ggpiu]

[fatehbaz]

“India is overtaking China today as the world’s most populous country -- according to this projection.” MarketWatch. 14 April 2023.

“Most populous country? India (probably) as of April 2023.” EarthSky. 11 April 2023.

“When exactly will India surpass China as most populous?” The Associated Press. 10 April 2023.

China has been the most populous nation on the planet for over 70 years since at least 1950. Until now.

According to the United Nations and its demographers, as published in its report World Population Prospects, projections have generally predicted a date in April 2023 on which India will become the most populous nation-state on the planet. A mid-April 2023 date was also projected by Pew Research Center. By the end of 2023, India is “officially” projected to be the most populous nation on the planet. As of early 2023, both India and China are home to over 1.4 billion people each, totaling 2.8 billion together (accounting for over one-third of the planet’s entire human population of 8 billion).

[ausetkmt]

MarketWatch: Would reparations cause unwise spending? Studies on cash windfalls suggest not.

The perception that people often succumb to misfortune and bad decision-making after suddenly receiving large amounts of cash isn’t based in fact, researchers said in a report published Thursday by the Roosevelt Institute, a progressive think tank.

That means potential reparations payouts to Black Americans are unlikely to result in reckless spending, financial ruin and reduced labor productivity, the report’s authors wrote after undertaking a review of prior research concerning consumer behavior after lottery windfalls and inheritances, as well as more minor cash transfers through tax refunds and guaranteed-income programs. 

“There’s what we really describe as kind of an urban myth … that people who receive lottery winnings squander the money very quickly,” reparations scholar William “Sandy” Darity, a Duke University professor of public policy and economist who co-authored the report, said in an interview. “The best available evidence indicates that that’s not the case.”

Whether Black residents and descendants of enslaved people in the U.S. are owed reparative payments has been debated for centuries. But as the country has grown more economically unequal while a stubborn racial wealth gap persists, the reparations movement has picked up traction.

In California, a first-of-its-kind state task force on reparations approved a slate of recommendations for lawmakers this month that, if implemented through legislation, would potentially provide hundreds of billions of dollars in reparative monetary payments to Black Californians to address harms caused by factors including racial health disparities, housing discrimination and mass incarceration. San Francisco, which has its own reparations task force, is also considering one-time reparative payments of $5 million for eligible people.

Read more: California task force approves sweeping reparations potentially worth billions of dollars

Still, detractors say that granting reparations to Black Americans — as was done for Japanese Americans incarcerated in internment camps during World War II and, on a state level, for survivors who owned property in the town of Rosewood, Fla., before a race massacre destroyed it — is unwise.

Some argue that giving people reparative payments without requiring certain parameters or personal-finance courses could result in irresponsible spending behavior, or that reparations proposals are themselves racist in suggesting that Black people need “handouts.”

“‘One of the important things that lottery winners do with the money is that they frequently set up trust accounts or the equivalent for their children or their grandchildren.’”

— William ‘Sandy’ Darity, a leading reparations scholar

The authors of the Roosevelt Institute report, for their part, said the assumption that Black Americans would be unable to handle sudden windfalls is rooted in racism — noting the racial wealth gap wasn’t created through “defective” spending habits but through policies that pumped money into white households, including unequal land distribution and subsidies for homebuyers.

“Widely held, inaccurate, and racist beliefs about dysfunctional financial behavior of Black Americans as the foundation for racial economic inequality leads to a conclusion that monetary reparations will be ineffective in eliminating the gap,” they wrote. “According to this perspective, if eligible Black Americans do not change their financial mindset and behavior after receiving financial reparations, the act of restitution will be empty.”

How people spend lottery winnings and inheritances

Even so, there’s not really “any carefully drawn-out study of what has happened to folks who have received reparations payments,” Darity said. It’s “impossible to understand” the impacts of such programs, because there haven’t historically been “systems in place that give money directly to individuals” — allowing “anecdotal cynicism and urban mythology” to drive the narrative, the report’s authors wrote.

“The best that we could do is try to think about other types of instances in which people have received windfalls where there has been some follow-up on what the consequences have been,” Darity said.

To see how people really react when they’re granted new amounts of money, the authors examined outcomes both from people who had received “major” windfalls — ones that immediately and majorly change a person’s wealth status, like winning the lottery — and “minor” windfalls, or those that affect a person’s income but don’t meaningfully shift their wealth status, like the stimulus checks doled out earlier in the COVID-19 pandemic. 

Darity, who directs Duke University’s Samuel DuBois Cook Center on Social Equity, worked alongside the report’s lead author, Katherine Rodgers, a former research assistant at the Cook Center who currently works as a senior associate at the consulting firm Kroll, as well as Sydney A. Grissom, an analyst for BlackRock. Lucas Hubbard, an associate in research at the Cook Center, was also an author of the report. 

They found that while a person’s behavior can vary based on the windfall amount and how it’s framed to the recipient, as well as their previous economic status, their reactions tend to buck stereotypes. 

For example, only 11% of lottery winners quit their job in the findings of one 1987 study that examined 576 lottery winners across 12 states — and none of the people who got less than $50,000 left work, according to the Roosevelt Institute report. However, people were more likely to quit their jobs if they won a sum worth $1 million, had less education, were making under $100,000 a year, and hadn’t been in their job for more than four years.

Studies of lottery winners in other countries have found similarly muted labor responses, the report said. A separate U.S. study from 1993 of the labor effects on people who had received inheritances ranging from $25,000 to $150,000 or more also found that only a “small but statistically significant percentage of heirs left their jobs after receiving their inheritance,” with workers most likely to leave their jobs if they got a big payout. 

But it’s still “less than what the stereotype would say,” Hubbard said in an interview: 4.6% of individuals quit their jobs after receiving a small inheritance of less than $25,000, compared to 18.2% of workers who got an inheritance of more than $150,000, he noted.

Instead, studies have shown that people who get windfalls may be more likely to become self-employed, participate in financial markets, save, and spend money on necessary goods like housing and transportation, the report’s authors wrote. 

“One of the important things that lottery winners do with the money,” Darity said, “is that they frequently set up trust accounts or the equivalent for their children or their grandchildren.”

Small windfalls, including those offered through monthly checks from guaranteed-income pilot programs, have also been shown to be used for essentials like food and utilities without negative effects on employment. The framing of the money received can also have an effect on how it’s spent, the authors said: People who get a payout from bequests or life insurance tend to have more negative emotions about the money and will use it for more “utilitarian” purposes, according to one 2009 study. 

From the archives (March 2021): Employment rose among those in California universal-income experiment, study finds

Reparations wouldn’t unleash ‘flagrant spending,’ researchers say

Despite their findings, “windfalls are not magical panaceas for all financial woes,” the authors emphasized.

For example, a 2011 study cited in the report found that among people who were already in precarious financial positions, lottery winnings delayed, rather than prevented, an eventual bankruptcy filing. Another report from 2006 found that “large inheritances led to disproportionately less saving,” the researchers noted in the Roosevelt Institute report.

“Research over the past two decades has demonstrated that their bounties are not limitless, and, crucially, that informed stewardship of received assets is still necessary (albeit, not always sufficient) to achieve and maximize long-term financial success,” the authors wrote.

But they added that reparations, particularly if “framed not as handouts but rather as reparative payments” to Black Americans, would not unleash “flagrant spending on nonessential goods” based on studies on windfalls, and could instead improve recipients’ emotional well-being and financial stability. 

“Of course, the merits of making such payments should not be assessed solely on the basis of the anticipated economic effects,” the authors said. “Moreover, using the absence of evidence of this type as a justification for delaying reparative payments, such as those to Black descendants of American slavery, is inconsistent with the fact that other groups previously have received similar payments in the wake of atrocities and tragedies.”

From the archives (January 2023): How to pay for reparations in California? ‘Swollen’ wealth could replace ‘stolen’ wealth through taxes.

[delistedshares]

Sterlite Power and Transmission Share Price Surges: Is it a Good Time to Invest?

In recent weeks, the Sterlite Power and Transmission share price has witnessed a significant surge, capturing the attention of investors and market analysts alike. As one of India's leading power transmission companies, Sterlite Power's performance on the stock market raises an important question: is it a good time to invest in this rising star?

Overview of Sterlite Power and Transmission

Sterlite Power and Transmission, a part of the Vedanta Group, has been a key player in the power infrastructure sector. Known for its innovative approach and robust project execution capabilities, the company has successfully developed over 13,700 circuit kilometers of transmission lines across India and Brazil. With a focus on integrating renewable energy and enhancing grid reliability, Sterlite Power has established itself as a leader in the transmission space.

Factors Contributing to the Surge in Share Price

Several factors have contributed to the recent surge in the Sterlite Power and Transmission share price:

Strong Financial Performance: The company reported impressive quarterly results, showcasing significant growth in revenue and profit margins. This strong financial performance has boosted investor confidence, leading to a rise in the share price.

Strategic Expansion Plans: Sterlite Power's strategic expansion plans, including new projects and international ventures, have created positive market sentiment. The company's focus on renewable energy integration aligns with global trends, further enhancing its growth potential.

Favorable Government Policies: Supportive government policies promoting infrastructure development and renewable energy have provided a conducive environment for Sterlite Power's growth. This has played a crucial role in the recent increase in the Sterlite Power and Transmission share price.

Technological Innovation: The company's commitment to technological innovation, including the use of advanced materials and digital solutions, has improved operational efficiency and reduced project timelines. This has positively impacted the share price, as investors see long-term value in Sterlite Power's innovative approach.

Analyzing the Investment Potential

Given the recent surge in the Sterlite Power and Transmission share price, potential investors are keen to evaluate the investment potential. Here are some key considerations:

Market Position and Growth Prospects: Sterlite Power's strong market position and focus on growth prospects make it an attractive investment opportunity. The company's strategic projects and expansion plans are expected to drive revenue growth and enhance shareholder value.

Risk Factors: Like any investment, Sterlite Power and Transmission shares come with inherent risks. Regulatory changes, project delays, and fluctuations in raw material prices can impact the company's performance and, subsequently, the share price. Investors should carefully assess these risks before making investment decisions.

Valuation Metrics: Analyzing valuation metrics such as price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, and dividend yield can provide insights into the company's financial health and market positioning. Comparing these metrics with industry peers can help investors make informed decisions.

Expert Opinions and Market Sentiment

Market experts have varying opinions on the future trajectory of the Sterlite Power and Transmission share price. Some analysts believe that the company's strong fundamentals and growth prospects justify the current surge in share price, while others caution about potential market volatility.

According to a report by MarketWatch, several analysts have given a "buy" rating to Sterlite Power, citing its robust project pipeline and focus on sustainable energy solutions. However, they also emphasize the importance of monitoring market conditions and regulatory changes.

Conclusion: Is It a Good Time to Invest?

In conclusion, the recent surge in the Sterlite Power and Transmission share price presents an intriguing investment opportunity. The company's strong financial performance, strategic expansion plans, and alignment with global energy trends position it as a promising player in the power transmission sector.

However, potential investors should conduct thorough research, considering both the growth prospects and risk factors associated with Sterlite Power and Transmission shares. As with any investment, diversification and a long-term perspective are essential to mitigate risks and maximize returns.

Whether you're a seasoned investor or a newcomer to the stock market, staying informed and making well-reasoned decisions will be key to navigating the exciting opportunities presented by Sterlite Power and Transmission.

[kmrealtygroup]

Worried About Home Maintenance Costs? Consider This | KM Realty Group LLC, Chicago, Illinois

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a previous owner).

Newly Built Homes Need Less Upfront Maintenance

If you can afford it, you may find a newly built home could help ease your worries about maintenance costs. Think about it, if everything in the house is brand new, it won’t have the wear and tear you may see in an existing home — and that means it’s less likely to need repairs. As LendingTree says:

“since the systems, appliances, roof and foundation are new, you’re less likely to pay for major or minor repairs within the first few years of homeownership. that can make a big difference for first-time homebuyers who are adjusting to owning rather than renting.”

Plus, many builders also have warranties on their homes that would cover some of the more major expenses that could pop up. As First American explains:

“the new systems in your home, like plumbing, electrical, and hvac, are typically covered for one to two years by your builder’s warranty. when something happens to these systems, you contact the builder or their warranty company.”

Existing Homes Can Still Have Great Perks

But it’s worth mentioning that it’s not just newly built homes that can have warranties. It’s an option for existing homes too.

Your agent may be able to help you negotiate with the seller to add one as a concession on your contract. But you should know that not all sellers will be willing to do that. If they won’t, you could purchase one yourself if you’d like to. An article from Forbes explains:

“during a real estate transaction, a home warranty policy can be purchased by the buyer or the seller.”

And there are benefits for both parties regarding a home warranty. According to MarketWatch:

“a buyer’s home warranty benefits both buyers and sellers, as it helps the seller close the deal while providing the future homeowner with peace of mind that they’ll be covered if a system or appliance breaks down . . . sometimes, a seller will pay for the first year of the home buyer’s warranty to sweeten the deal, but it depends on the real estate market.”

If you want a home warranty for peace of mind, lean on your agent. They’ll negotiate on your behalf to see if a seller would cover one for you. Just remember, the likelihood of a seller throwing one in depends on conditions in your local market.

So, should I buy a new or existing one?

While the need for less upfront maintenance is a great perk for new construction, there are some things a newly built home can’t provide that an existing home can.

For example, existing homes have a lot of character and charm that’s difficult to reproduce. The quirks that come with an older home may make it feel more homey. Existing homes usually have more developed landscaping and a well-established sense of community. So, it can feel more inviting than a blank slate, like new construction often is. If you go with new construction, you may have to wait for the home to finish being built based on where it is in the process. It all depends on what’s most important to you.

Bottom Line

Whether you choose a newly built or an existing home, a home warranty may ease some of your concerns over maintenance. Talk to the real estate professionals to weigh your options and discuss your top priorities.

[enterprisewired]

Mortgage Rates Hit Lowest Level Since April, Easing Housing Market Pressures

Source – MarketWatch

Declining Mortgage Rates

Mortgage rates in the United States have dropped to their lowest level since early April, providing a slight reprieve for the country’s increasingly unaffordable housing market. According to Freddie Mac, the average rate for a standard 30-year fixed-rate mortgage was 6.87% in the week ending June 20, down from 6.95% the previous week. This marks the third consecutive weekly decline and follows a peak of 7.22% earlier this year.

Freddie Mac’s chief economist, Sam Khater, attributed the decrease to signs of cooling inflation and market expectations of potential Federal Reserve rate cuts. He expressed optimism about the impact of lower mortgage rates combined with improving housing supply dynamics.

Federal Reserve Influence and Market Impact

Despite recent declines, current mortgage rates remain notably higher than pre-2022 levels when the Federal Reserve began raising interest rates to combat inflation. While borrowing costs are expected to ease somewhat this year, economists caution that significant drops below 6% are unlikely. The Federal Reserve’s decisions indirectly influence mortgage rates through movements in the benchmark 10-year US Treasury yield, which adjusts in anticipation of Fed policy changes.

Challenges in the Housing Market

Although recent rate reductions offer a glimmer of hope, the overall US housing market continues to face challenges exacerbated by elevated interest rates. Recent government data revealed disappointing figures for new home construction in May, with housing starts falling to the lowest level since 2020. Building permits, a forward indicator of future construction activity, also fell short of economists’ expectations.

The National Association of Home Builders/Wells Fargo Housing Market Index, which measures builder sentiment, reported a decline to its lowest level since December. NAHB Chairman Carl Harris highlighted that high mortgage rates are deterring potential buyers, while builders contend with increased costs for construction loans, labor shortages, and limited available land.

Persistent Affordability Issues

Rising home prices further compound the affordability crisis across America. The S&P CoreLogic Case-Shiller US National Home Price Index indicated a 6.5% year-over-year increase in March, reaching record highs in urban centers like San Diego, Los Angeles, and New York. This marks the sixth time the index has hit a new peak in the past year, underscoring strong demand despite economic pressures.

According to the annual Demographia International Housing Affordability report, California hosts some of the most expensive housing markets in the US, alongside Honolulu, Hawaii. Affording a median-priced home typically requires a substantial down payment, often exceeding $127,000 — approximately double the median annual salary of a US worker, as analyzed by Zillow.

Chief Economist Skylar Olsen of Zillow noted that achieving such savings can be challenging without external financial support, prompting some buyers to explore options like relocating, pooling resources with others, or renting out extra space to manage affordability constraints.

As the housing market navigates fluctuating mortgage rates and soaring prices, stakeholders anticipate continued adjustments in policy and market conditions to address ongoing affordability challenges nationwide.

Curious to learn more? Explore our articles on Enterprise Wired

[petnews2day]

Geico Pet Insurance Review and Costs (June 2024)

New Post has been published on https://petn.ws/40Bex

Geico Pet Insurance Review and Costs (June 2024)

Our Thoughts on Geico Pet Insurance Geico earned 4.7 out of 5 stars when assessed using the MarketWatch Guides team’s pet insurance methodology. Named our pick for Geico members, Geico partners with both Embrace and Trupanion pet insurance to offer policies in all 50 U.S. states. However, Geico offers most policies through Embrace, according to […]

See full article at https://petn.ws/40Bex #PetInsuranceNews

[nsrealestate]

Worried about Home Maintenance Costs? Consider This

Worried about Home Maintenance Costs? Consider This

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes.

Existing Homes Can Still Have Great Perks

But it’s worth mentioning, that it’s not just newly built homes that can have warranties. It’s an option for existing homes too.

Your agent may be able to help you negotiate with the seller to add one as a concession on your contract. But you should know that not all sellers will be willing to do that. If they won’t, you could purchase one yourself, if you’d like to. An article from Forbes explains:

“During a real estate transaction, a home warranty policy can be purchased by the buyer or the seller.”

And there are benefits for both parties when it comes to a home warranty. According to MarketWatch:

“A buyer’s home warranty benefits both buyers and sellers, as it helps the seller close the deal while providing the future homeowner with peace of mind that they’ll be covered if a system or appliance breaks down . . . Sometimes, a seller will pay for the first year of the home buyer’s warranty to sweeten the deal, but it depends on the real estate market.”

If you’re interested in a home warranty for peace of mind, lean on your agent. They’ll negotiate on your behalf to see if a seller would be willing to cover one for you. Just remember, the likelihood of a seller throwing one in depends on conditions in your local market.

So, Should I Buy New or Existing?

While the need for less upfront maintenance is a great perk for new construction, there are some things a newly built home can’t provide that an existing home can.

For example, existing homes have a lot of character and charm that’s difficult to reproduce. The quirks that come with an older home may make it feel more homey. And, existing homes usually have more developed landscaping and a well-established sense of community. So, it can feel more inviting than something that’s a blank slate, like new construction often is. Not to mention, if you go with new construction, you may have to wait for the home to finish being built based on where it is in the process. It all depends on what’s most important to you.

Bottom Line

Whether you choose a newly built or an existing home, you may be able to ease some of your concerns over maintenance with a home warranty. To weigh your options and go over what’s the top priority for you, talk to the professionals.

[thelistingteammiami]

Worried About Home Maintenance Costs? Consider This

Worried About Home Maintenance Costs? Consider This

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a previous owner).

Newly Built Homes Need Less Upfront Maintenance

If you can afford it, you may find a newly built home could help ease your worries about maintenance costs. Think about it, if everything in the house is brand new, it won’t have the wear and tear you may see in an existing home – and that means it’s less likely to need repairs. As LendingTree says:

“Since the systems, appliances, roof and foundation are new, you’re less likely to pay for major or minor repairs within the first few years of homeownership. That can make a big difference for first-time homebuyers who are adjusting to owning rather than renting.”

Plus, many builders also have warranties on their homes that would cover some of the more major expenses that could pop up. As First American explains:

“The new systems in your home, like plumbing, electrical, and HVAC, are typically covered for one to two years by your builder’s warranty. When something happens to these systems, you contact the builder or their warranty company.”

Existing Homes Can Still Have Great Perks

But it’s worth mentioning, that it’s not just newly built homes that can have warranties. It’s an option for existing homes too.

Your agent may be able to help you negotiate with the seller to add one as a concession on your contract. But you should know that not all sellers will be willing to do that. If they won’t, you could purchase one yourself, if you’d like to. An article from Forbes explains:

“During a real estate transaction, a home warranty policy can be purchased by the buyer or the seller.”

And there are benefits for both parties when it comes to a home warranty. According to MarketWatch:

“A buyer’s home warranty benefits both buyers and sellers, as it helps the seller close the deal while providing the future homeowner with peace of mind that they’ll be covered if a system or appliance breaks down . . . Sometimes, a seller will pay for the first year of the home buyer’s warranty to sweeten the deal, but it depends on the real estate market.”

If you’re interested in a home warranty for peace of mind, lean on your agent. They’ll negotiate on your behalf to see if a seller would be willing to cover one for you. Just remember, the likelihood of a seller throwing one in depends on conditions in your local market.

So, Should I Buy New or Existing?

While the need for less upfront maintenance is a great perk for new construction, there are some things a newly built home can’t provide that an existing home can.

For example, existing homes have a lot of character and charm that’s difficult to reproduce. The quirks that come with an older home may make it feel more homey. And, existing homes usually have more developed landscaping and a well-established sense of community. So, it can feel more inviting than something that’s a blank slate, like new construction often is. Not to mention, if you go with new construction, you may have to wait for the home to finish being built based on where it is in the process. It all depends on what’s most important to you.

Bottom Line

Whether you choose a newly built or an existing home, you may be able to ease some of your concerns over maintenance with a home warranty. To weigh your options and go over what’s the top priority for you, talk to the professionals.

[the-northcap-university]

Leveraging the Power of Sports Sponsorship: Impact on Brand Equity in the IPL Era

In recent years, sports sponsorship has emerged as a potent marketing strategy for brands worldwide. The Indian Premier League (IPL), one of the most-watched cricket tournaments globally, has become a prime arena for brands to enhance their visibility and build brand equity. This blog explores the role of sponsoring sports events like the IPL in bolstering brand equity, supported by data and sources.

Increased Brand Exposure: Sponsoring the IPL offers brands unparalleled visibility to a vast and diverse audience. According to a report by Nielsen, the IPL 2020 garnered a cumulative reach of 405 million viewers, making it a lucrative platform for brand exposure (Source: Nielsen Sports). With matches broadcasted globally and extensive media coverage, sponsors gain widespread visibility, thereby increasing brand awareness among a broad demographic.

Enhanced Brand Recall and Recognition: Associating with a high-profile sporting event like the IPL helps brands to establish strong associations in consumers' minds. A study conducted by Kantar revealed that IPL sponsors experienced a 17% increase in brand recall compared to non-sponsors (Source: Kantar). Consistent brand presence throughout the tournament, including on player jerseys, stadiums, and advertisements, reinforces brand recognition and ensures that the brand stays top-of-mind among consumers.

Positive Brand Image and Perception: Sponsoring sports events like the IPL allows brands to align themselves with the passion and excitement of sports, fostering positive brand associations. Research indicates that consumers perceive brands sponsoring sports events as dynamic, youthful, and energetic (Source: Marketwatch). This positive brand image translates into increased consumer trust, loyalty, and preference, ultimately contributing to enhanced brand equity.

Opportunities for Consumer Engagement: Sports sponsorships offer brands unique opportunities for direct consumer engagement and interaction. Through various activation activities such as fan zones, contests, and social media campaigns, sponsors can create immersive brand experiences for fans. According to a study by Ipsos, 75% of fans feel more positively about sponsors who engage them beyond traditional advertising (Source: Ipsos). Such interactive initiatives not only strengthen brand-consumer relationships but also generate valuable user-generated content, amplifying brand reach and engagement.

Financial Performance and Market Share: Research suggests a positive correlation between sports sponsorship and financial performance. A study published in the Journal of Advertising Research found that companies investing in sports sponsorship experienced an increase in market share and stock prices (Source: Journal of Advertising Research). The heightened visibility and positive brand associations derived from sponsoring sports events like the IPL contribute to improved brand performance and competitiveness in the market.

Long-Term Brand Building and Loyalty: While the immediate impact of sports sponsorship is evident, its long-term benefits in brand building and loyalty are equally significant. According to a report by Repucom, 65% of sports fans are more likely to purchase products from brands actively involved in sponsoring sports events (Source: Repucom). By nurturing emotional connections with consumers through shared experiences and values, brands can cultivate enduring brand loyalty, driving sustained growth and profitability.

Here are some of the prominent team-brand associations in the IPL:

Mumbai Indians:

Principal Sponsor: Samsung

Official Partners: Marriott Bonvoy, Colors, Usha, Jio, Kingfisher, Dream11, Burger King, Kotak, William Lawson's, Boat, DNA Networks, Radio City, Performax, Astral Pipes

Chennai Super Kings:

Principal Sponsor: Muthoot Group

Official Partners: Equitas Small Finance Bank, Gulf Oil, Nippon Paint, EUME, FanCode, Dream11, Boat, SEVEN, Astral Pipes, Usha, Nippon India Mutual Fund

Kolkata Knight Riders:

Principal Sponsor: BYJU'S

Official Partners: Lux Cozi, Astral Pipes, Dream11, Jio, Kingfisher, Greenply, Royal Stag, Kotak, Nokia, Medimix, Colgate, Asian Paints, Royal Stag, TV9 Bangla, Kotak, and Fancode

Royal Challengers Bangalore:

Principal Sponsor: Muthoot Fincorp

Official Partners: Duroflex, Astral Pipes, Kotak, Jio, Max Life Insurance, Exide, Singha, Mai Dubai, Kingfisher, Dream11, and Nissin.

Delhi Capitals:

Principal Sponsor: JSW Group

Official Partners: APL Apollo, Dream11, Jio, FanCode, Boat, Kotak, Colgate, BKT Tires, Livinguard, Fever FM, Nerolac, and EbixCash.

Rajasthan Royals:

Principal Sponsor: TV9 Bharatvarsh

Official Partners: Kei Wires & Cables, Astral Pipes, Kingfisher, Jio, Red Bull, Dream11, DafaNews, Dream11, FanCode, Acko General Insurance, and Jai Raj Steel.

Sunrisers Hyderabad:

Principal Sponsor: JK Lakshmi Cement

Official Partners: Ralco Tyres, Astral Pipes, Dream11, Jio, TCL, Colgate, Kia Motors, Nerolac, BKT Tires, and Jai Raj Steel.

Punjab Kings:

Principal Sponsor: EbixCash

Official Partners: BKT Tires, Colgate, Astral Pipes, Dream11, Jio, Fancode, Tata Motors, and Jai Raj Steel.

These associations not only provide financial support to the teams but also help brands in gaining exposure and reaching out to a wide audience during the IPL season.

Sponsoring sports events like the IPL offers brands a powerful platform to enhance brand equity and achieve strategic marketing objectives. The extensive reach, heightened visibility, and positive brand associations derived from sports sponsorships contribute to increased brand awareness, recall, and preference among consumers. Moreover, the opportunities for consumer engagement and long-term brand building further solidify the value proposition of sports sponsorship for brands. As the global sports sponsorship landscape continues to evolve, brands leveraging the inherent synergy between sports and marketing stand to reap substantial rewards in terms of brand equity and financial performance.

Authored by Dr. Kanchan Yadav Assistant Professor, Department of Management & Commerce Studies, The NorthCap University

[southjerseyweb]

Who has the lowest car insurance rates in New Jersey? See new MarketWatch Guides list

In New Jersey, according to MarketWatch Guides, more than 20 companies raised car insurance rates by double-digits since January of 2023.

[cocoa-futures-prices-seleuss]

SELEUSS - COCOA FUTURES - CHOCOLATE PRICES

(04-26-2024)

Since we posted about the expected increase in cocoa/cacao/chocolate price in Q2 of 2024 back in February 2024, 2 months later, the prices have really gone up!!

from our (04-24-2024) post on Facebook:

"well... just FYI, cocoa prices have doubled and almost tripled since the beginning of the year.... ugh. and looks like the prices wont be going down until Q3/Q4 of 2025, but not to 2023 prices. Looks like around $7000/mt, which is x2 of 2023 averages. see link below from MarketWatch for futures contracts. / Was ordering more cocoa butter last night and the prices from my 2 main suppliers have doubled since March 2024, or more than tripled since November 2023."

https://www.marketwatch.com/investing/future/cc00

[blogmodule2]

6-2 Blog: Preliminary Findings and Limitations

How does the market research you have so far done support your chosen organization’s objectives?

In order for Apple to determine the viability of launching the iBook, the two-in-one, and which features consumers are most interested in, they need to evaluate the feasibility of launching the iBook. As part of the market research carried out so far, the focus has been on evaluating the current economic situation of the 2-in-1 PC industry, determining how saturated the market is currently, and identifying potential threats that should be taken into account during the iBook product development process. Based on extensive market research, it was concluded that the 2-in-1 PC market is viable, however, competition is fierce and there are many offerings. In a market with hundreds of variations of 2-in-1 PCs, it will be crucial to differentiate the product from its competitors and position it accordingly. (Market Research Future, 2018) estimates that the 2-in-1 PC market will reach 5.4 billion by 2022. In conclusion, the finalized product design and marketing strategies that will be implemented to market this new and exciting product have been influenced by the market research conducted. 

What industry trends (and possible future trends) have you identified regarding your product proposal, and what are some possible implications of these trends on your organization?

There are a few pertinent industry trends that have been identified and taken into account. According to the research conducted, the main industry trend that has been identified is that handheld devices and portable PCs are becoming more popular as each day passes. In MarketWatch's opinion, "the 2-in-1 laptops are getting more and more popular with the increase in technology, which provides many applications in personal use, corporate use, manufacturing, hotels and restaurants, education, and much more" (MarketWatch, 2019). According to this trend, the need for multi-form devices is going to become more and more important over time, as well as the productivity capabilities they need. In addition to the constant evolution of technology, it is also important to consider how it affects the offerings of competitors, for example, Microsoft, Google, Samsung, Dell, Lenovo, etc. Thus, it could be difficult to enter the marketplace and product positioning could be crucial.

How does your proposed marketing strategy align to legal, ethical, and industry standards? 

Legal, ethical, and industry standards are aligned with the proposed marketing strategy. The most important aspect of Apple's market strategy is that it will not rely on predatory pricing like most of its competitors. To align with its pricing strategy on other products, Apple will use a premium pricing strategy. In addition to being ethical, this pricing strategy helps differentiate the iBook as a premium device with high quality. In terms of consumers, Apple needs to ensure that it does not exclude specific groups based on race, ethnicity, gender, social class, and sexual preference. Apple currently serves many different segments of consumers with their iBook, even though it's a premium product. In addition to ethical and legal considerations, transparency is also important. Apple will attempt to collect as much information about users as possible since this is a first-of-its-kind product. It is often hard to distinguish between public and private behavior, according to author Barry Babins. Implied consent is being pushed to its limits by technology" (Babin, 2016). Consequently, consumers should be made aware of intentions and should be given explicit consent in order to remain ethical.

What limitations have you encountered in creating a market proposal for your product? Was this due to gaps in the market research you conducted?

As I have made the proposal for the iBook for the 2-in-1 PC market, I have encountered a number of limitations, including the fact that it would be one of many competing products. Two-in-one PCs are available in hundreds of variations, and the competition is intense. It was necessary to develop a product offering that met and exceeded consumer expectations due to this limitation. Generally, market research on 2-in-1 PCs is limited due to the fact that they are a relatively new market. As of today, there are few studies evaluating how these multi-form laptops are used by users, which could better enable Apple to improve current features and develop new ones that are relevant to their needs. 

References

Babin, B. Essentials of Marketing Research. [MBS Direct]. Retrieved from https://mbsdirect.vitalsource.com/#/books/9781305688094/

Market Research Future. (2018, January). 2 in 1 Laptops Market Research Report- Forecast to 2023: MRFR. Retrieved from https://www.marketresearchfuture.com/reports/2-in-1-laptops-market-3948

Market Watch. (2019, August 12). 2-in-1 Laptops Market Size, Share 2019: Global Industry Analysis by Trends, Growth, Factors, Business Outlook, Competitive Strategies, Forecast till 2023. Retrieved from https://www.marketwatch.com/press-release/2-in-1-laptops-market-size-share-2019-global-industry-analysis-by-trends-growth-factors-business-outlook-competitive-strategies-forecast-till-2023-2019-08-12

[ramtracking]

Some Apple Vision Pro users suffer black eyes, headaches and neck pain [ Black eye ]

Some Apple Vision Pro users suffer black eyes, headaches and neck pain [Highlights] Several early adopters of Apple’s mixed-reality headset tell MarketWatch that the fit has been a ‘pain point’ — but they still like the new… Some Apple Vision Pro owners have been dealing with health issues related to the wearing of the headset, according to a report from… Discomfort can be expected when dealing…

[bitcoincables]

New Bitcoin ETFs Boost Crypto Exchanges, Larry David Regrets Crypto Ad

Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch.

Investor interest in crypto assets has grown with the introduction of new bitcoin ETFs, leading to a 4.5% increase in the total spot trading volume on centralized crypto exchanges in January, reaching $1.4 trillion. This marks the fourth consecutive month of increase and the highest monthly spot trading volume since June 2022. According to Bobby Zagotta, the CEO of Bitstamp USA, the exchange has seen a significant rise in trading volume and new users, particularly in the fourth quarter of last year, as investors anticipated the launch of the new ETFs. While Bitstamp doesn't list any of the bitcoin ETFs, it serves as a liquidity provider for the products. Zagotta expects to see the full impact of bitcoin ETFs gradually unfold in the next six to 24 months, with increased institutional participation.📈

Comedian Larry David has expressed regret for his involvement in a crypto ad for the now bankrupt FTX exchange in 2022. During a red carpet event, David admitted being persuaded by friends to do the ad but now calls himself an "idiot" for doing so. FTX filed for bankruptcy in November 2022, and its co-founder Sam Bankman-Fried was found guilty of fraud and conspiracy charges in November 2023.🙄

Mark Newton, the head of technical strategy at Fundstrat, suggests that it is becoming more favorable for investors to overweight Ethereum compared to Bitcoin. He points out that the ether to bitcoin price ratio has reached multi-day highs twice in the last two weeks, indicating a potential rise in the coming weeks. Investors are eagerly awaiting the potential approval of ether ETFs in the coming months. Bitcoin has experienced a slight increase of 0.5% in the past seven days, while ether has gained 3.5% during the same period.💰

#crypto #bitcoin #ethereum #bitstamp

[violetsystems]

Sometimes you have to swallow your pride and make that disgustingly positive and cringeworthy comment in public about women’s health and the First Lady on the marketwatch thread on LinkedIn not only because you want a job but because you are man enough to show a perceived weakness in public. And because the neighbors are only concerned about listening in on you by sneaking up to your window at night to hear you snoring and not paying attention to the erosion of your civil liberties. Thank you gentrified communism. In Soviet Russia the block button reblogs you. But according to my mail in ballot this is still America funny man. Russian yacht rock collusion notwithstanding. For those of you who still think Josip Tito was a member of the Jackson five? Go write a power ballad or something. I’m done humoring you. 🇺🇸