Welcome to Episode #170 of Stock Club as we dig deep into the impact of unions on public companies, the historic Hollywood strike, the dramatic downfall of Yellow Trucking, and more!We cover the case study of Costco, a company that chose to defy conventions by offering industry-leading wages and benefits to its employees without the need for a union.Ever heard of the Equity Risk Premium (ERP)? It's time to break down this financial phenomenon that plays a pivotal role in influencing markets. Join us as we dissect its impact on the S&P 500 and the yield of the 10-year treasury inflation.We also uncover how Italy and Spain are rewriting the rules with their windfall tax approach targeting banks that fail to serve their consumers. Stepping into the digital age, we shine a spotlight on Zoom and their ingenious use of user data to train AI and machine learning models. But our exploration doesn't end there—we dive headfirst into the pharmaceutical realm with a comprehensive analysis of Novo Nordisk's groundbreaking obesity drug. The implications for health systems and private insurers are nothing short of game-changing.Whether you're a seasoned investor, a curious learner, or simply intrigued by the forces shaping our economies, this podcast promises to be your ultimate guide.(00:00) Preview(01:02) Introduction(09:58) Unionization and Industry Strikes(15:50) Yellow Trucking Bankruptcy and Market Volatility(23:01) Equity Risk Premium and Its Impact(32:44) Interest Rates, Obesity Drug, Zoom's Data Issues(43:48) Vodafone Business? Build a high-growth portfolio based on tried and tested strategies and sign up to Horizon today ? https://www.clkmg.com/Voics/mywallsthorizon Make sure to like this video and subscribe to MyWallSt on YouTube for more investing content.Become a successful investor by checking out all the content MyWallSt has to offer:? Learn the fundamentals of investing by downloading our free Learn app:https://bit.ly/3DXPOz7? Keep updated on stock market news by visiting our blog:https://mywallst.com/blog ? Tune in to our podcast Stock Club to stay updated on weekly news:https://mywallst.com/stock-investment-podcast/? Our premium product, Horizon, allows you to build generational wealth by “copy and pasting” the moves of an expert stock investor:https://mywallst.com/stock-picking-subscription-service/? Follow MyWallSt on social:? Twitter: @MyWallSt ? TikTok: @MyWallSt ? Instagram: @MyWallSt?️ Facebook: @MyWallSt ? LinkedIn: MyWallSt Hosted on Acast. See acast.com/privacy for more information.