📈 Why is Bed Bath & Beyond rocketing?

The UK's getting nothing from Russia | Big shops aren't confident about big spending | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for August 25th in 3:05 minutes. 👑 Maybe once the most traditional investment you could possibly buy, gold is now reaping the benefits that come with embracing tokenization. Join AgAu’s Thierry Arys Ruiz for [How To Invest In Gold On The Blockchain]( on Thursday, and find out how you could benefit from storing gold on the blockchain instead of at the bank. [Grab your free ticket]( Today's big stories - UK imports from Russia hit a record low in June - Here’s how a perfect combination of four factors sent Bed, Bath & Beyond’s shares rocketing – [Read Now]( - Macy’s and Nordstrom cut their full-year profit outlooks The UK To Russia: Thanks, But No Thanks [The UK To Russia: Thanks, But No Thanks] What’s Going On Here? Data out on Wednesday showed that UK imports from Russia [hit]( a record low in June. What Does This Mean? The UK has imposed restrictions on over 96% of goods imported from Russia since it invaded Ukraine in February, and most of the businesses whose products weren’t sanctioned have probably stopped dealing with the country anyway. That might be why Russian imports into the UK dropped to £33 million ($39 million) in June – 96% less than the same time last year. A big part of that was down to the fact that the UK didn’t buy a drop of fuel off the country, even though Russia was its biggest supplier of refined oil before the war. Instead, Britain’s been upping imports from other oil-producing countries – think Norway and Qatar – to make up the difference. Why Should I Care? The bigger picture: Discounts galore. The European Union hasn’t been quite so successful: the region’s imports were up 43% in June, given just how dependent it is on the country’s energy supplies. Russia, for its part, is well aware that Europe would drop it in a hot second if it could, which might be why it’s [reportedly]( in discussions to give several Asian countries up to 30% off long-term oil contracts. Zooming out: Russia dodges a bullet. Economists were expecting Russia to have a meltdown following all the sanctions, but its high-priced energy has kept that from happening. In fact, the country’s “current account surplus” – that is, the value of the goods it exports minus the value of the goods it imports – [hit]( a record high in the first seven months of the year. That’s only good news for the economy, which might be why the Russian government is expecting the economy to shrink just 4% this year, rather than the 12% it was forecasting a few months ago. You might also like: [No one’s ignoring energy prices, so why is everyone ignoring utilities stocks?]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=The UK To Russia: Thanks, But No Thanks&utm_campaign=daily-global-25-08-2022&utm_source=email) Analyst Take Bed, Bath, And A Stratospheric Squeeze [Bed, Bath, And A Stratospheric Squeeze]( [Photo of Stéphane Renevier] Stéphane Renevier, Analyst You might not have pegged Bed Bath & Beyond (BBBY), a struggling retailer with sliding profits and no real competitive advantage, as [one of the market’s top performers](. Nonetheless [its stock quadrupled]( in the span of a few days last week. To understand how a stock like BBBY – or GameStop (GME) before it – can gain so much in so little time, you need to understand [the four key ingredients to a gamma squeeze](. That’s today’s Insight: we’re looking at [Bed, Bath & Beyond’s stratospheric squeeze](, and [how you can spot the next one](. [Read or listen to the Insight here]( SPONSORED BY ARRIVED If it’s good enough for Bezos… Billionaires have always had access to the stable, lucrative investment that is real estate. Lucky them: [investing in real estate]( can help you bring in [extra income](, diversify your portfolio, and enjoy some [decent tax advantages](. Now you can reap those benefits with [Arrived](. You’ll find [real estate investments]( ranging from $100 to $20,000 on the platform, and its team will even handle the management side for you. The billionaires approve: [Arrived]( is backed by world-class investors including Jeff Bezos and Marc Benioff. Take a look at what won them over: [browse Arrived’s property investments today](. [Find Out More]( Macy’s And Nordstrom Can’t Win The Mall [Macy’s And Nordstrom Can’t Win The Mall] What’s Going On Here? US department stores Macy’s and Nordstrom both [cut]( their revenue and profit outlooks earlier this week. What Does This Mean? Macy’s and Nordstrom specialize in nice-to-haves like clothing and homeware, so they were always going to find it tricky to appeal to a belt-tightened shopper. But the shift in spending habits has happened faster than anyone expected, and the stock they built up since the pandemic has become nearly impossible to shift. Keep in mind too that both retailers said footfall in their stores had dropped off, which means they’ll probably have to offer heavy discounts to clear their shelves. And even though they’re tweaking the amount of stock they order in going forward, it seems like it’s too little, too late: both cut their full-year sales and profit outlook. Why Should I Care? Zooming in: Macy’s Plan B. Macy’s already has a couple ways it’s [planning]( to try to bring shoppers into the fold. For one thing, it’s been opening smaller stores in more populated areas to make it more convenient than a day trip to a mall. And for another, it’s struck a partnership with Toys R Us to bring toys and games to hundreds of Macy’s locations just in time for the holidays. The bigger picture: Malls are not a priority. Macy’s did say that spending at its Bloomingdale stores – where the average household income of its customers is over $250,000 – continued at a healthy pace, but that those with customers on a lower typical income saw a slowdown. After all, lower-income shoppers spend a bigger proportion of their salaries on food and energy, which are only becoming less affordable: new data has shown that a record one in six US households have fallen behind on their utility bills ([tweet this](). So if Macy’s and Nordstrom think those customers are going to splurge on a Nutribullet, they have another thing coming. You might also like: [How to work out if any of these retailers are worth investing in.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Macy’s And Nordstrom Can’t Win The Mall&utm_campaign=daily-global-25-08-2022&utm_source=email) 💬 Quote of the day “I didn’t want my obituary to read, ‘He died getting a quote on the yen at 2 a.m.’” – Julian Robertson (an American billionaire hedge fund manager and philanthropist who died on Tuesday) [Tweet this]( SPONSORED BY ARRIVED Help your portfolio through tricky times Investing in rental homes could help you protect your finances during economic downturns. For starters, you could [bring in some extra cash]( on a regular basis. After all, [real estate investment returns]( have proven themselves to be very stable over time. But you could also see your investments [gain value over time](, since the properties you’d invest in typically appreciate over the long term. Investing in rental homes can help [diversify your portfolio]( too, so you can hedge against stock market fluctuations without adding extra volatility. It won’t cost you an arm and a leg, either: you can [invest in real estate with Arrived for just $100](. [Check Out Arrived]( When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🎉 Coming Up In The Next Week… All events in UK time. 👑 [How To Invest In Gold On The Blockchain](: 5pm, August 25th 😎 [How To Spot The Next Ethereum Killer](: 1pm, August 30th 🧬 [How To Profit From The Genomics Revolution](: 5pm, August 30th 🥳 And After That… 🎉 [How To Build Wealth In Your 20s](: 5pm, September 1st 🤑 [Inflation Strategies For Savvy Investors](: 12pm, September 1st 🇬🇧 [In-Person Ladies Investing Meet Up](: 6.30pm, September 7th ⚡️ [What’s Driving The European Energy Crisis?](: 5pm, September 12th 💰 [Building Crypto Wealth In A Bear Market](: 12pm, September 20th 🎯 On Our Radar - Meta’s launched a new chatbot. Shame it’s an obsessive, evasive, [compulsive liar](. - Elon makes a lot of outrageous claims. Still, we [believe him every time](. - You can still find cheap rent somewhere. You’ll just need to [live among villains](. - Another day, another bad landlord. Getting your deposit back has [never been so hard](. - Remember your beauty sleep. Being tired could make you [ugly on the inside](. When you support our sponsors, you support us. Thanks for that. Sponsored • [Privacy Policy]( | [Advertiser Disclosure]( ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: Shutterstock | JamesWM.foto, Paul McKinnon Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](