CEO's Corner®-By K.L.P Entertainment™-"April 7th Edition"

CEO’S CORNER Twitter & NPR

Investors are in a Catch-22 The Job Market Over

Ahead of Friday's employment report, fears about inflation, the economy, and the labor market dominate the stock market. Even though the stock markets will be closed on Good Friday, investors will still be watching early for one of the year's most important jobs reports.

Approximately 240,000 new jobs were created by American employers in March, according to experts surveyed by Reuters. Investors are concerned that a positive jobs report,

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along with potentially negative inflation data that will be released the following week, could push the Fed to hike interest rates at their next meeting on May 3 in an effort to tame skyrocketing prices. Increasing the unease: The jobs statistic has above expert projections in each of the last four months. 11 most recent reports.

The labor market is still healthy despite the massive layoffs that have hit the banking and tech industries. According to the Bureau of Labor Statistics, employers added over 4.3 million jobs in the 12 months leading up to February, reducing the jobless rate to a 53-year low. The Fed's task of reducing inflation has grown more challenging due to the robust job market. Even while other areas of the economy have showed indications of faltering, a combination of strong hiring and increased pay has placed pressure on pricing. An inflection point in the job market seems to have been reached. This week's JOLTS report from the Labor Department showed that hiring was starting to slow down by employers. However, the rate of resignation increased, a sign that employees are confident. about quitting a job and getting a new one.

Presented By Kennedy Lucas Publishings LC

The stock market's volatility is being exacerbated by the contradictory signals. Interest rate-sensitive tech companies are on a three-day losing streak following an outstanding first-quarter surge as investors grow increasingly anxious that the Fed would be obliged to hike rates even though the economy may be heading toward recession. Jamie Dimon, chief executive officer of JPMorgan Chase, stated last week in

Kennedy Lucas & Associates

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in his annual letter to investors that "the stock market is down and the market's odds of a recession have increased." The significance of Friday's jobs figures is increased by the recession forecasts. Given the importance of the payroll report in relation to the recession argument, Quincy Krosby, chief global economist, believes that markets being closed on Friday for the release of the report may be a positive thing.

Wednesday's email to customers was written by a strategist for LPL Financial. If you're a father of school-age kids who enjoys ultimate fighting, Hershey's chocolate, hunting, or Johnny Cash, you may have lately seen a Facebook advertisement for Jeremy's Razors, which promotes itself as a "wokefree" razor for men. This is based on Facebook's ad library, which details the target markets for advertisers' adverts.

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-DIAM NOBIS

I understand why Jeremy's Razors is targeting guys with its hypermasculine ethos in order to spend its advertising expenditures. The question of whether these men are better off as a result of receiving a "anti-woke" razor, however, is less obvious

Kennedy Lucas & Associates

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In the world of traditional media, advertisements are sold in relation to the market for publications: Possibly Jeremy’s For instance, Razors could like to advertise in Deer & Deer Hunting magazine. However, a lot of internet advertisements are sold based on the extensive information that marketers have learned about your behavior and interests from your browsing history.

Nearly all of your online clicks are tracked by IT companies, who then create extensive profiles of your preferences and interests and make that information available to marketers. You see those ominous advertisements on websites that seem to understand what you just said or in your Instagram feed because of this. The capacity to follow people has proven to be an unassailable advantage for the online advertising sector, which has expanded to a $540 billion business globally, dwarfing all other types of advertising, including TV, radio, print, and outdoor. newspapers and the radio. It has fueled the rapid expansion of Google, Facebook, and hundreds of other so-called ad tech companies, which act as middlemen between the buyers and sellers of targeted data. However, the development of microtargeting has come at a frightening cost. A 274-page analysis released this year by the European Commission states, "There is limited evidence to suggest that the efficiency and efficacy gains to advertisers and publishers of this system outweigh the societal impact." It urges changing the surveillance industry's business paradigm.

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“Write quickly and you will never

newspapers and the radio. It has fueled the rapid expansion of Google, Facebook, and hundreds of other so-called ad tech companies, which act as middlemen between the buyers and sellers of targeted data. However, the development of microtargeting has come at a frightening cost. A 274-page analysis released this year by the European Commission states,

"There is limited evidence to suggest that the efficiency and efficacy gains to advertisers and publishers of this system outweigh the societal impact." It urges changing the surveillance industry's business paradigm.

We already know that publishers have been severely harmed by web monitoring. This has proven especially detrimental for established news organizations: According to GroupM, worldwide newspaper revenue fell precipitously from $107 billion in 2000 to over $32 billion in 2022. This is detrimental to democracy since studies show that in areas lacking reliable news sources, the number of voters declines and the level of corruption rises.

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“Write quickly and you will never

Additionally, advertisers are now able to discriminate in ways that are difficult for authorities to detect because to microtargeting. For instance, it is forbidden for advertisers to imply in their advertisements that particular racial, gender, age, or other protected groups are being provided jobs, housing, or credit prospects. Ad targeting, however, allows marketers to conceal their preferences from the algorithm. It has been consistently demonstrated that Facebook allowed discriminatory advertising. (The company has consistently argued in court that it is not liable for the choices advertisers make on its platform and has since agreed to change its ad delivery system.) Politicians can also use microtargeting to communicate contentious messages to specific specialized audiences. The campaign team for President Donald Trump inundated Facebook in 2019 with targeted advertisements that contained divisive messaging. A Senate investigation in 2016 discovered that Russian agents had run Facebook advertising targeting Black Americans in an effort to dissuade them from casting ballots. Additionally, it appears that tailored advertisements aren't benefiting customers at all. Researchers from Virginia Tech and Carnegie Mellon presented a study on the effects of tailored advertising on customer wellbeing last year. The findings were so unexpected that the researchers had to conduct the investigation again to confirm their conclusions.

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“Write quickly and you will never

Politicians can also use microtargeting to communicate contentious messages to specific specialized audiences. The campaign team for President Donald Trump inundated Facebook in 2019 with targeted advertisements that contained divisive messaging. A Senate investigation in 2016 discovered that Russian agents had run Facebook advertising targeting Black Americans in an effort to dissuade them from casting ballots. Additionally, it appears that tailored advertisements aren't benefiting customers at all. Researchers from Virginia Tech and Carnegie Mellon presented a study on the effects of tailored advertising on customer wellbeing last year. The findings were so unexpected that the researchers had to conduct the investigation again to confirm their conclusions. The latest study, which was released online this week, supported the findings: The almost 500 people who saw the tailored ads Participants were promoting more expensive goods from lower-quality suppliers than comparable goods that could be found with a quick web search.

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“Write quickly and you will never

The average price difference between the products displayed in targeted advertising and those customers could locate through online searches was about 10%. Additionally, based on the Better Business Bureau ratings of the vendors, the likelihood that the goods were offered by inferior suppliers was more than double.

The study' authors, Eduardo Abraham Schnadower Mustri, a Ph.D. candidate at Carnegie Mellon University, Idris Adjerid, a professor at Virginia Tech, and Alessandro Acquisti, a professor at Carnegie Mellon, wrote that both investigations "consistently highlighted a pervasive problem of low-quality vendors in targeted ads." They said that smaller merchants may use tailored marketing to attract consumers and that "a large Due to their poor quality, some of these sellers may really be unpleasant to customers.Jeremy's Razors, which spent over $800,000 on Facebook advertising during the 30 days ending March 26, appears to have a problem with quality. When I read Jeremy's Facebook evaluations, several consumers expressed a preference for the razor's political message over the actual product. One user wrote, "Jeremy's Razors are your razors if you like razors that feel like someone is pulling your facial hair out with a tweezer one at a time." 2.7 stars (out of 5) are assigned to the razor based on more than 280 reviews. Perhaps now is the time for the government to act to reduce commercial spying.

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“Write quickly and you will never

A broad privacy measure is being drafted, new privacy regulations are being written by the Federal Trade Commission, and just last week a bill to address conflicts of interest among ad tracking corporations was sponsored by a surprising coalition of senators that included Ted Cruz and Elizabeth Warren. The advertising sector is preparing for battle. At the industry's opulent annual conference on Marco Island, Florida, in January, David Cohen, the chief executive of the digital media and marketing trade association, stated that "extremists are winning the battle for hearts and minds in Washington, D.C., and beyond." "We cannot permit that to occur."

A group known as Privacy for America, a combination of businesses and trade associations, warned Congress in a letter in March that any harm to the "responsible data-driven” The cost to customers of the surveillance business model might be $30,000.The $30,000 figure, however, comes from a 2019 study in which participants were asked to explore going without access to internet services including email, digital maps, and search engines.

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“Write quickly and you will never

The argument for obscene ads cannot be made using search, maps, or email. Contextual advertisements — adverts that are relevant to the search that users conduct — are the main source of funding for search and mapping. either a search engine or a map, kind. The majority of email services, on the other hand, are free for basic usage but generate revenue by charging for extra features. Free email has some ads, but they don't make up a sizable portion of the advertising ecology. The $30,000 figure thus turns out to be a stronger justification for the benefit of contextual advertising than of surveillance advertising.

Your family structure, preferred sport, or favorite singer's name are irrelevant to Jeremy's Razors. Simply position Jeremy's anti-woke advertisements next to anti-woke content.

Isn't it time we thought about a world without businesses snooping on us?

Nulla nunc lectus porttitor vitae pulvinar magna. Sed et lacus quis enim mattis nonummy sodales.

“Write quickly and you will never