Bloomberg Audio Studios, podcasts, radio news, Single Best Idea, and we welcome all of you here into the holidays shortened week. I'll be with you Monday and Tuesday and then off to take some time off for the holidays. One of our big great themes for next year is for Single Best Idea to be the bolt on podcast for you. You're listening to say the big take twenty minutes with David Gurra or others, and here it's just four minutes, five minutes, just two vignettes out of all the good conversations.
We have an economics, finance, investment, and international relations. A very strong Monday today, and then you get lucky and time Posner scheduled on the Red Sea. Of course, with that horrific US Navy accident of jet shot down by a friendly fire over the weekend. But no, the President elect mentioned Panama. Anton Posner is at tours of duty with the Maritime Academy in Panama. Really knowledgeable on the stereotypes we have back to Teddy Roosevelt and the canal.
Anton Posner of Mercury Resources on the drought in Panama.
Actually the drought is eased up. Ships are moving more along normal At this point, I think normal off top, Matt, I think forty ships a day moving through It is a huge, huge savings to go through the canal via going versus going around.
Is that a vital interest of America that forty ships go through or is it from a movie set from another time and place?
More? Absolutely critical? Vital to be able to send warships cargo ships to deal with national emergencies much faster than needing to go than having to go around southern tip of South America is vital and critical to American national security.
Of time, Posner, Mercury Resources, Paul Swanian and I really learned a lot there, taking us beyond that iconic David McCulloch book on panamav from over forty I can't believe I'm saying this over forty years ago. There are other people booked for the holiday season, and that must be Dana Telci at the Telsi Advisory Group. And then a headline is handed to me by Lisa Matteo that says
Nordstrom's of Seattle will finally go private. I'm not going to go into the details of the transactions, but the family finally throws in the towel on a publicly traded stock. I have no idea how they'll work it out. Is a private company, but an iconic moment. Dana Telsea of the Telsa Advisory Group on Families and Retail.
The privatization of a family run business that's been around for over one hundred years is definitely a spark of change.
I think the new environment today is different than it was in the past, and you have to give Nord credit for all that it's accomplished, but the go forward environment requires big changes, and whether it is a reduction in the number of full line stores they have, the acceleration of what may be for the rack, the continuous pursuit of new and curated brands and their assortment, and for all what we know about Norstrom, the service element and the loyal customers they have is something that needs
to be expanded and accelerated. Go forward.
Dania Chelsea, the Chelsea Advisory Group. She was also looking into twenty twenty five. I thought sort of plus plus on luxury as well. We touched on that briefly. Thank you for your attention here in this holiday, that week and into the end of the year. On your commute across the nation on Apple CarPlay and Android Atto. Of course, the quarter from ninety nine to one FM in Washington and up to Mount Catada in ninety two nine FM
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