Equifax CEO Retires Despite the Issues That Remain

The CEO of Equifax has retired amid the turmoil that surrounds the company. From the different article and opinions, people are calling for criminal charges against individuals at the company. Certainly there is not much that can be done now, except to monitor the situation closely and try to contain the damage.

From an investing point of view, the CEO should have been removed but the fact he retired now could create more confusion in an already hectic environment. Leadership should have stayed and at the very least attempt to clean up the mess. Now, not only do this security issues have to be addressed, but the new leadership needs to be discussed now as well.

Published over a year ago
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Reviewed by Vlad Skutelnik

Equifax CEO Retires Despite the Issues That Remain

Demand for the iPhone X


With the new iPhone 8 being released, the demand was not as high as previous launches, but that is due in part to the iPhone X. The iPhone X is expected to be a highly sought after device and many are counting on that product to be a home run. Shares of Apple have been under pressure due to many thinking the company is past their prime. However, the word on the street seems to be this phone could save their momentum.

Another thing we?ll have to watch is if demand for Apples new home device takes away some of the demand for the new phone. Apple products are expensive compared and it may come down to affordability. For the two devices we could be looking at a price tag nearing $1,500. That is nothing to bat an eye at and with most of the revenue coming from iPhone sales, we will have to watch Q4 numbers.



Disney Is Upgrading

Disney announced they plan to upgrade their brick and mortar stores to make it feel like more of an adventure. With the pressures on brick and mortar retail spaces, Disney is going to attempt to lure more people into their stores with a memorable experience. This will happen by adding live feeds of parades that are occurring at the Disney parks and making the space more interactive.

Having an experience is half the battle and with this update, they are hoping to draw more people. Online sales must be a staple because of companies such as Amazon and Walmart, which are gaining ground in that market space. The store upgrades should bring a welcomed breath of fresh air, but the real question is will it be enough to push sales higher.

Investing

Right now, the markets continue to push on despite pressures from all sides. With that, there are plenty of places that still have value, you just have to know where to look. Value investing has been around for years and continues to be a staple in many peoples portfolios. When markets are where they are, it can be difficult to find value. Be sure to look at the spaces that have been pushed down such as retail, because a sound company may lose value in their stock, but it will likely rebound as they have a solid company. Patience is crucial and be sure to review your holdings at least once a year.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Editorial Staff

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