Weekend Update #023

Apr 3

Welcome to Blue Room's Weekend Update. Each week, we're sharing what companies we're researching and the what, the who and the how that we think makes the companies interesting and unique. This roundup is brought to you weekly by a group of interns, creative minds, artists and investors who believe that through best in class investing along with the democratization of financial education we can do great things together. Enjoy, Explore and Share.

ALL-TIME HIGH : S&P 4,000 +

The S&P 500 closed out the month of March with a 4.2% return, its best month since last November. The S&P also hit an all-time high on April 1st as it crossed the 4,000 mark, finishing at 4,019 on the day — representing over 60% growth since the COVID-19 pandemic began in the U.S. a little over a year ago. As the vaccine rollout accelerates and optimism for a return to normalcy increases, April looks to be an encouraging month for investors.On the other hand, bonds had the worst quarter on record, with a return of -15.66%, as interest rates started to increase, and the 10-Year Treasury yield reached a 14-month high of 1.78%. As the economy continues to rebound and grow coming out of the pandemic, the second quarter of 2021 may also exhibit a similarly poor performance.

In the spirit of Final Four weekend and our love of the game, we bring you some interesting and relevant snapshots as we look at the market.

Biden's $2.25 trillion infrastructure proposal appears to be generally well-received, despite his wanting to fund the plan by raising the corporate tax rate from 21% to 28%.

Encouraging trends for the unemployment rate.

Tesla is breaking out in terms of vehicles produced and sold. They expect to continue growth at a CAGR of 50% into the near future.

And, of course, there was the Suez Canal ordeal which started last week but was resolved earlier this week.

Laird’s first product The Original Superfood Creamer was launched in 2015 based on a morning coffee recipe crafted by Laird Hamilton himself to boost his surfing performance. Based on coconut milk powder and Aquamin, Superfood Creamer is a loved product.

LSF is building an emerging consumer products platform, on the strength of its Original Superfood Creamer.

2020 Q3 Earnings
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2020 Q4 Earnings Report

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Financial Modeling

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The spotlight turned to Board Member Alex Loucks. Over the past few years, Alex has devoted significant energy to supporting Economic Club. Need support? Alex is there, pretty much always, all the time and with such positive energy.Currently,Alex is the CEO —and— CFO of AspenRidge, Colorado's premier substance abuse and mental health center.

+ company website: https://lnkd.in/eKhewBb
+ phone number: +1 (855) 678—3144 Addiction specialists available 7 days a week
#substanceabuse #mentalhealth #drugrehabilitation #alcoholaddiction #mentalhealthawareness
"Recovery is possible and a fulfilling life starts here."Locations in Lakewood, Fort Collins, Colorado Springs and Lone Tree, Colorado plus Online.

This week, ECC featured Bob, whose personal and professional M+O is activ(at)e affiliation."Every Detail Counts" (TM)Forbes M+A Group, based in Denver, also serving in Salt Lake City and Nashville, specializes in managing the ownership transition of closely held companies.Over the years, Bob has been active in nonprofit work, volunteering time and money. His current philanthropic focus is Making and Granting Wishes for Make-A-Wish Colorado, where he serves as a Board Member.

As vaccines are on the rise, and our economy continues to open up, we wanted to take a retrospective moment to look at what we spent our last year focusing on at Dry Storage. We thought the best place to start is a conversation with the mill founder, Chef Kelly Whitaker.

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We were honored to be at Desert X in support of our fellow Blue Roomer, esteemed artist Eduardo Sarabia, and grateful to engage with his NYT’s featured piece “The Passenger” in person.