{"id":17801,"date":"2021-02-03T09:06:03","date_gmt":"2021-02-03T16:06:03","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17801"},"modified":"2021-02-03T09:09:39","modified_gmt":"2021-02-03T16:09:39","slug":"overnight-news-failing-up-amazons-new-grand-poohbah-is-the-jerk-who-just-cost-shareholders-billions","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17801\/overnight-news-failing-up-amazons-new-grand-poohbah-is-the-jerk-who-just-cost-shareholders-billions\/","title":{"rendered":"Overnight News: Failing up: Amazon\u2019s new Grand Poohbah is the jerk who just cost shareholders\u00a0billions."},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"Ya think it's easy?\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cA puppy bit my nose \u2013 and I liked\u00a0it.\u201d<\/p><\/div><a href=\"https:\/\/finance.yahoo.com\/news\/amazon-bezos-to-step-down-as-ceo-211421791.html\" rel=\"noopener noreferrer\" target=\"_blank\">Jeff Bezos resigns.<\/a> Big yawn. He has to make more time to take Soros lessons.<\/p>\n<p>What&#8217;s funnier about the swap is his replacement: Andy Jassy, the man who killed Parler and in so doing alienated thousands \u2013 perhaps millions \u2013 of Amazon&#8217;s retail customers, costing shareholders billions of dollars in the long run.<\/p>\n<p>So I&#8217;m left to wonder: Is he really so good that he can make up for a billion-dollar blunder? Or is Amazon less in the retail business and more in the Soros business?<\/p>\n<p>In other news:<\/p>\n<p><strong>Redfin:<\/strong> <a href=\"https:\/\/www.redfin.com\/news\/2021-housing-market-forecast\/\" target=\"_blank\" rel=\"noopener noreferrer\">2021 Housing Market Shaping Up to be Even Hotter than 2020.<\/a><\/p>\n<p><strong>CBNC:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2021\/02\/03\/mortgage-refinancing-surges-but-high-home-prices-stop-buyers.html\" target=\"_blank\" rel=\"noopener noreferrer\">Mortgage refinancing suddenly surges, but homebuyers stall due to sticker shock.<\/a><\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/white-homeownership-rate-hits-nine-year-high\/\" target=\"_blank\" rel=\"noopener noreferrer\">White homeownership rate hits nine-year high. Black homeownership, meanwhile, fell to 44.1% in the fourth quarter of 2020.<\/a><\/p>\n<p><strong>City Journal:<\/strong> <a href=\"https:\/\/www.city-journal.org\/unaffordable-housing-a-drag-on-nyc-growth\" target=\"_blank\" rel=\"noopener noreferrer\">New York\u2019s Housing Refugees: The affordability crisis is a burden for residents and a drag on growth.<\/a><\/p>\n<p><strong>FEE.org:<\/strong> <a href=\"https:\/\/fee.org\/articles\/local-kroger-stores-close-as-california-hero-pay-ordinance-backfires\/\" target=\"_blank\" rel=\"noopener noreferrer\">Local Kroger Stores Close as California \u2018Hero Pay\u2019 Ordinance Backfires.<\/a><\/p>\n<p><strong>Real Clear Politics:<\/strong> <a href=\"https:\/\/www.realclearpolitics.com\/articles\/2021\/02\/01\/enemies_of_the_state_vs_enemies_of_the_people_145145.html\" target=\"_blank\" rel=\"noopener noreferrer\">Enemies of the State vs. Enemies of the People.<\/a><\/p>\n<p><strong>City Journal:<\/strong> <a href=\"https:\/\/www.city-journal.org\/miguel-cardona-biden-secretary-of-education-pick\" target=\"_blank\" rel=\"noopener noreferrer\">Secretary of Ethnic Studies? President Biden\u2019s choice to lead the Education Department has a thin record\u2014except in one trailblazing area.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cA puppy bit my nose \u2013 and I liked\u00a0it.\u201dJeff Bezos resigns. Big yawn. He has to make more time to take Soros lessons. What&#8217;s funnier about the swap is his replacement: Andy Jassy, the man who killed Parler and in so doing alienated thousands \u2013 perhaps millions \u2013 of Amazon&#8217;s retail customers, costing shareholders billions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-17801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":781,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/781\/investors-version-of-grandpas-coffee-can-diversification\/","url_meta":{"origin":17801,"position":0},"title":"Investor&#8217;s Version Of Grandpa&#8217;s Coffee Can &#8212; Diversification","author":"Jeff Brown","date":"December 19, 2006","format":false,"excerpt":"For the first time I'd like to post, almost simultaneously, (simulpost?) on a subject which has facinated me for years. My purpose is merely to introduce the subject. A meatier post will follow. Investors have been told by Wall Street to diversify since the street signs were put up on\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3282,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3282\/casual-friday-caption-this-photo\/","url_meta":{"origin":17801,"position":1},"title":"Casual Friday: Caption this photo","author":"Greg Swann","date":"June 27, 2008","format":false,"excerpt":"My entry: \"Because I happen to like Argyle socks, that's why!\"","rel":"","context":"In &quot;Casual Friday&quot;","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3822,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3822\/caption-this-photo-president-bush-at-the-olympics\/","url_meta":{"origin":17801,"position":2},"title":"Caption this photo: President Bush at the Olympics","author":"Greg Swann","date":"August 9, 2008","format":false,"excerpt":"My entry: \"A gentleman always makes eye-contact.\"","rel":"","context":"In &quot;Casual Friday&quot;","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8385,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8385\/caption-me-this-magnum\/","url_meta":{"origin":17801,"position":3},"title":"Caption Me This Magnum","author":"Brian Brady","date":"May 13, 2009","format":false,"excerpt":"My vote?\u00a0 \"Who let Higgins in to your closet, Thomas? \" Sometimes, you just gotta have a sense of humor.","rel":"","context":"In &quot;Casual Friday&quot;","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3289,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3289\/shout-out-a-toast-to-life-abundant-and-caption-this-photo\/","url_meta":{"origin":17801,"position":4},"title":"Shout out a toast to life abundant &#8212; and caption this photo","author":"Greg Swann","date":"June 28, 2008","format":false,"excerpt":"Sez me: \"Bill Gates stole this facial expression from me and I want it back!\"","rel":"","context":"In &quot;Casual Friday&quot;","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14685,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14685\/caption-obama-before-his-face-freezes-like-that\/","url_meta":{"origin":17801,"position":5},"title":"Caption Obama &#8212; before his face freezes like that.","author":"Greg Swann","date":"June 15, 2011","format":false,"excerpt":"My vote: \"I don't get it. This stunt always used to work with my Gammy.\"","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17801"}],"version-history":[{"count":3,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17801\/revisions"}],"predecessor-version":[{"id":17804,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17801\/revisions\/17804"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}