Brace yourself for one wild week
https://youtu.be/-uKr8dRmTXY
Good morning! Now that you’ve survived the weekend we all get to deal with the fact that not only does the weather for much of the United States absolutely SUCK this week, we’re also less than two weeks from Christmas, Hannukah, and Kwanza. Those of you who still have shopping to do might want to consider doing it online because the weather outside is going to be beyond frightful in many places.
It’s still early as we’re looking at the news this morning so all the Monday horribleness has yet to hit. However, we have five things you need to know.
1. Prepare To Pay More At The Pump
We’re going to see some higher gas prices this morning because of an agreement between OPEC and non-OPEC countries to reduce oil output over the next several months1. Saudi Arabia, which has long been a hold out on reducing production, agreed over the weekend that they would pull their levels down below 10 billion barrels per day2. The reduction is not as much nor as long as some OPEC members would have liked, but it’s enough to create a significant jump in prices.
Goldman is saying that this cut is primarily to balance out excess inventory and doesn’t see the production lasting too long. February futures rose to just above $56 a barrel this morning which is a bit scary for those of us on a budget, but that doesn’t mean a return to $3- and $4-dollar a gallon prices. With the rising prices, US oil production could increase quickly, which would send prices back down.
No one is saying yet what effect the higher prices might have on holiday travel. Most people have already made their plans and we all know how upset grandma would be if we didn’t show up. Still, this could be a difficult budget hit for those who don’t have much wiggle room for extra spending.
1. Reuters: “Oil surges after output cuts, strong dollar weighs” By By Saikat Chatterjee Dec 12, 2016, 3:18am EST
2. Reuters: “Goldman says non-OPEC output cut deal aimed at inventory glut“ Dec 12, 2016, 3:15am EST
2. The Grinch Came To Venezuela Early
Actually, the Venezuelan government says it’s playing Santa Clause after seizing nearly four million toys from a warehouse near Caracas1. The government is accusing toymaker Kreisel of hoarding the toys in an effort to create scarcity, driving prices up. Stores throughout Venezuela have complained that the company hasn’t been fulfilling orders and when they did the prices were several times higher than normal.
The government’s official statement says that the toys will be sold at steep discounts. However, William Contreras, Venezuela’s national superintendent for the defense of socioeconomic rights, has promised that “every child will get a toy” for Christmas, so we’ll see exactly how that works out. No word yet from the toy company. All this story needs is a big dog and a bunch of meddling kids and we have a blockbuster movie for the holidays.
1. National Public Radio: “Venezuela Seizes Nearly 4 Million Toys, Saying They’re Overpriced” By Bill Chappell December 11, 20164:23 PM ET
3. Cars Without Drivers Are Coming
If you find yourself driving through Michigan, particularly the Detroit area, don’t be surprised if you look over in the lane next to you and find that no one is driving the car next to you. That reality just became possible last week as the Michigan legislature passed a group of bills allowing autonomous cars to drive on public roads1. The purpose, of course, is to allow Detroit automakers to compete with companies such as Google who have been testing driverless cars in California for some time now.
In fact, this new set of bills, which Michigan Governor Rick Snyder says he’ll sign, give Detroit automakers more freedom and less oversight with their testing than any other state with the possible exception of Florida. California, which has been the leader in autonomous car testing, still requires a human driver as backup, just in case something goes wrong. The Michigan bills don’t require any humans in the car at all. While this is exactly the type of laws automakers have been wanting, the safety issue is probably going to be a sticky one.
Michigan Transportation Director Kirk Steudle says they’re leaving it up to automakers to decide when a car is safe for the road. Uhm, he is aware that GM just recalled another 50,000 vehicles last week2, right? I’m not sure trusting automakers to determine when a car is safe is necessarily the smartest move in the book. This could make driving in Michigan very interesting.
1. Associated Press: “MICHIGAN LETS AUTONOMOUS CARS ON ROADS WITHOUT HUMAN DRIVER” By TOM KRISHER Dec 9, 11:10 AM EST
2. Associated Press: “GENERAL MOTORS TO RECALL NEARLY 50,000 POLICE SUVS” Dec 10, 11:52 AM EST
4. You’re Not Still Using That Samsung Phone, Are You?
We all know Samsung has had some problems with their Note 7 phones doing bad things like blowing up and catching fire. The company issued a recall of all the phones last month and one might think that would put the problem behind them. Apparently not. It would seem there are still a significant number of people who, for whatever reason, did not turn in their phones. That means there are still Note 7 phones out there ready to go boom when one least expects it.
So, Samsung has announced that it is disabling all Note 7 phones in the US with a software update.1 Samsung issued a statement last Friday saying that the mid-December software update will render the phones completely useless. They won’t even charge properly. Danger averted, right?
Not necessarily. Those who bought their phones through Verizon won’t be getting the update. Verizon claims that it doesn’t want to strand customers who don’t have a backup phone. Therefore, it will not be pushing the software update out to its customers.
1. Reuters: “Samsung to disable Note 7 phones in the U.S. via software update” Dec 9, 2016, 1:12pm EST
5. And Finally …
Here’s one for all my photography friends and colleagues out there. Flickr, the photo hosting service owned by Yahoo, has released data for the year showing that camera phones dominated its service once again. Are we surprised? No, not at all. Flickr is a pedestrian service, not one limited to professionals. Therefore, it makes sense that pedestrian cameras would dominate. What we do find surprising, however, is that only two DSLRs, both Canon EOS 5D models, made the top ten and mirrorless cameras account for only three percent of the photos on the site.
I’ll be honest, while the data is certainly interesting, it doesn’t concern me a great deal as a photographer. I don’t use Flickr and haven’t since it sold to Yahoo several years ago. The site was designed for and is dominated by amateurs. That’s not a bad thing, but there is a definite difference between the tools used by Mom and Pop on vacation versus the professional taking your family portrait.
If anything, the report shows how dramatic the divide is between equipment used by professional versus amateur photographers. As the price for professional equipment goes up and the quality of cell phone cameras increases, we’re going to see that divide become more noticeable. This especially applies when discussing mirrorless cameras which are almost totally a tool used by the pros.
1. Flickr blog: “Smartphones Dominate Flickr Uploads in 2016, Apple Leads Device Makers” December 6, 2016
That’s the five things we think you should know for this Monday. We’ll be keeping an eye on things as they develop today and be back with more news first thing in the morning. Now, get out there and make this Monday beg for mercy.
12/13/2016: 5 Things You Need To Know
Ready Or Not, Here Comes Winter
https://youtu.be/eGn8i6W1AYI
Hey there! I hope you’re ready for some white stuff falling from the sky today. The jet stream has dipped and not only are we going to see snow across most the Northern states, the temperatures over the next few days are going to get dangerously low. Those of you who have pets will want to be especially careful to limit the amount of time they spend outside. Be sure to check paws and get them nice and dry when they come in.
This is one of those days where we’re waiting to see how things develop before getting too involved in stories such as who might possibly be the next Secretary of State and just how serious the Russian hacking scandal is. We don’t want to get involved in speculation and end up delivering wrong information. We do have 5 things we’re sure about, though, so let’s take a look at those.
1. One Step Closer
This painfully long election cycle came one step closer to being over yesterday as the whole vote recount situation came to an end in all three states.1 While the numbers in Wisconsin shifted ever so slightly, the outcome remains unchanged. Efforts in Pennsylvania and Michigan were effectively blocked by federal court judges, clearing the way now for the final step of the electoral college vote next week.
Yes, there have been some rumors of rogue electors possibly changing their vote, but don’t expect much from that hullabaloo, either. First of all, it is illegal in most states for electors to change their vote. Secondly, it would require a massive defection of more than 70 electors to align the electoral college vote with the popular vote. That’s never happened in our country’s history and I’m not seeing anyone with any authority suggesting it can happen now.
The bottom line is we’re tired of this whole election process and whether we like the outcome or not we all want it to be over. The electoral college votes on Monday and that should end this election for good.
2. Death Comes Quickly
Republican members of Congress campaigned long and hard that they would overturn and replace the Affordable Care Act as quickly as they could under the new administration. That issue alone has had a number of low-income families worried about the status of their health care going into the new year. I tried making an appointment with my own doctor yesterday and was told they’re full until mid-March except for emergencies. Everyone is trying to get care in before they lose whatever coverage they may have.
Initially, Republican leadership said they would replace the ACA as they dismantle it. However, comments yesterday by Senate Majority Leader Mitch McConnell indicate that the replacement might not come as quickly as initially promised2. Robert Laszewski, president of Health Policy and Strategy Associates, is expressing some concern that the system could collapse if a replacement doesn’t accompany any repeal. He told NPR: “I don’t think the Republicans have come to grips yet that it’s going to be their responsibility to keep the wheels on Obamacare.”
America’s Health Insurance Plans — the trade group that represents health insurance companies— seems to agree. Last week they circulated a statement saying, “Making sudden, significant changes now, or mid-year, will jeopardize the coverage [those insured] depend on.”
Any move Congress makes could potentially leave upwards of 20 million Americans uninsured. Let’s hope they use the upcoming winter break to think through this matter a bit more.
3. Bickering In The Fashion World
We typically don’t get a lot of serious fashion news this time of year because everyone is focused on getting the most out of holiday sales as possible and ending the year on a high note. However, Women’s Wear Daily (WWD) reported yesterday that there seems to be a kerfluffle between Italian powerhouse Dolce & Gabbana and German designer Philipp Plein3. Plein posted a copy of a letter he received from Dolce & Gabbana’s attornies to his Instagram account on Sunday. In the letter, D&G accuses Plein of trying to “steal” at least ten Dolce & Gabbana sales associates from the label’s flagship store in Milan.
Timing is part of the issue here. Phillip Plein is opening his own new store in Milan before the end of the year. Understandably, he would want sales associates who are well connected with luxury buyers in the city. Plein already has two former D&G employees working for him and the accusation is that they have approached their former colleagues about jumping ship.
Plein said on his Instagram post: “This is a free country and everybody can choose by themselves who they want to work for!!” To a large extent, we expect he’s correct. Unless Plein’s employees are trying to solicit Dolce & Gabbana employees inside the D&G store, there’s not a lot D&G can do to stop the employees from leaving unless there is already a non-compete claus in their employment contracts.
Nothing like a little drama to end the year.
4. Golden Globe Nominations Are Out
Nominees for the diverse Golden Globe awards were announced in Beverly Hills yesterday4 and, unsurprisingly, Hollywood is all abuzz with talk about who’s in and who’s out. Best actor in a drama nods went to Casey Affleck, Joel Edgerton, Andrew Garfield, Viggo Mortensen, and Denzel Washington. Meanwhile, Amy Adams, Jessica Chastain, Isabelle Huppert, Ruth Negga, and Natalie Portman took the nominations on the women’s side.
Of course, with every list of nominations comes the talk about who didn’t make it5. This time, it’s Hollywood legends Clint Eastwood, Martin Scorsese and Warren Beatty who get to sit this one out. There was, apparently, expectations that all three would get nominations for their directing efforts this year, but they didn’t and that makes all their fans very sad.
What we need to remember is that the Golden Globes are “feel good” awards. Many of their categories are divided between drama and musical/comedy so that the two disparate forms don’t have to compete with each other. The list of awards and nominees is long and while some pundits like to claim these awards might be an indicator of who gets the Oscar nods early next year, there’s no real evidence to support that theory. The Oscars have their own idiosyncracies that no one actually understands.
Still, the nominations remind us that there were some really fantastic films released this year and I didn’t see most of them. Let’s hope they make it to Netflix quickly.
5. And Finally …
Speaking of largely useless lists, AdWeek has released their list of the top 10 ads for 20166. Again, this has been a good year for some very creative ad work. I’ve been very impressed with the social messages that many companies have put into their ads. Not only are the ads encouraging us to buy a product, but they’re also forcing us, in many cases, to stop and think about what we’re buying and why.
While there is plenty of reason to comment on all the ads in the list, it’s Under Amour’s ad featuring Michael Phelps that takes the top honors. The quality of the filmography plays a lot into the decision and it’s difficult to argue against such a powerful 90 seconds. The ad ran frequently throughout the Olympics and well represents the struggle, the pain, and the training athletes go through to be the best. Here’s a look at the winning ad [Note: due to player limitations, the video may not play well on some mobile devices]:
You can take a look at all ten of the winning ads on AdWeek’s website.
That’s all we’ve got for today. If you must go out, please bundle up and be extremely cautious. Don’t forget to subscribe to our posts and the videos on YouTube. Take care. We hope the rest of your day is enjoyable.
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