Is a recession on the way?; Coachella & touring industry is back; "Invest in our plant"? theme for Earth Day; Making sense of online identity
Ryan Patel on CNN Newsroom with Rosemary Church on April 27, 2022

Is a recession on the way?; Coachella & touring industry is back; "Invest in our plant" theme for Earth Day; Making sense of online identity

Welcome to?"Ryan is Curious" Headlines,?your biweekly roundup of conversations that piqued my interest across all topics and industries. Don't forget to?subscribe?and?click the bell icon on my profile?to ensure you don't miss anything! Let's jump right into it:

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US economy shrinks; recession next?

Do you believe a recession is on the way? If so, do you believe it will be minor or major?

I was live on?CNN?Newsroom this past week with?Rosemary Church?as we discussed the recession, inflation, economic recovery, and the global supply chain with Shanghai on lockdown.

In a client report issued on Tuesday,?Deutsche Bank?economists predicted, "We will have a major recession."
They predict "a significant recession by late next year."
"We assume, conservatively, that a Fed funds rate in the 5% to 6% range will be sufficient to do the job this time."

What are some other institutions currently estimating:

Goldman Sachs?estimated the likelihood of a contraction over the next two years at around 35%. According to Bloomberg Economics' recession-probability model, there is a 44 percent chance of a recession occurring before January 2024. (Bloomberg News)

On top of that, the US economy "unexpectedly shrank 1.4% in the first quarter" with the trade deficit rising too.

Will the Fed become more aggressive in its approach to inflation?

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"Invest in our plant" theme for Earth Day

Collaboration is the word of the day.

April 22 was #EarthDay, and the theme for this year was "invest in our plant."

Not long ago, I published an article on?adidas?Gameplan A about the importance of collaboration across industries, and how collaboration will be the future of sustainable business.

Do you think governments, citizens, businesses, and others will work together more?

What tips would you suggest?

Full Post ----> Here

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Coachella is back; Touring industry is hoping for a comeback

"Ryan is Curious" Poll - Entertainment Business

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Coachella?Valley Music and Arts Festival was back in action this past weekend, after a two-year hiatus due to the pandemic. Some of the headliners included Billie Eilish, Swedish House Mafia, Harry Styles, and others...but there were also some brands creating interactive spaces, such as?HP,?PepsiCo?(Lay's),?HBO Max,?Meta,?The Absolut Company, and more...

I know the multibillion-dollar touring industry is looking to ramp up and try to make up for lost time!

Question of the day...what do you get when music and business collide???

You get me attending Coachella Valley Music and Arts Festival:

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Taking a true behind-the-scenes tour of?HP's Antarctic Dome and mission control with?HP?CEO?Enrique Lores at Coachella!

It was a "regeneration" audio/visual sensory journey in 360 degrees. HP commissioned nine digital artists to create REGEN, a new short VR film set to music from international electronic duo ODESZA's new album. Even had an Earth Day twist which I loved!

Yes, I was underdressed for this meeting, so much so that Enrique couldn't recognize me with my bandana and sunglasses...I was in full Coachella mode! I appreciate him welcoming me and including me in their festivities!

Thank you especially to the HP Team for their kindness to my wife and me! What a fantastic experience!?

Thank you especially to the HP Team for their kindness to my wife and me! What a fantastic experience!?Full post ----> Here

Other highlights/activations:

Lays

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Postmates powered by Erewhon

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Backstage - Japanese Breakfast Trailer

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Hanging out backstage in the YouTube Lounge

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At the Rose Gardens

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What is online identity?

I foreshadowed this in my newsletter a couple of weeks ago...My curiosity is leading me to "Making sense of online identity."???

In this four-part video series, I challenged?NuData Security, a Mastercard company?to connect me with experts who could provide real-world examples of how to deconstruct online identity rather than high-level answers.

It will both entertain and educate at the same time. ??

Sign up for free to gain full access to the series, which begins on May 3!

Free registration ----> Here

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Do you pause to reflect??

If so, what have you recently reflected on?

????I'd love to hear your suggestions and thoughts on your most recent reflection session in the comments section below!

?? In this photo, I'm staring at the fireflies...yep, my fireflies' socks at the fire pit while taking a break at my hotel in Palo Alto last week...and reflecting.?????(And yes my socks have meaning!)

It was the end of the trip, and I was thinking about how a positive experience can have such a large impact. Regardless of how big or small the action...

That experience can come from anywhere...With that said, a special thanks to?Edward (Eddie) Diano?and the team at?Hotel Citrine, Palo Alto, a Tribute Portfolio Hotel,?Marriott International! Having a limited amount of time for a break, they made my family feel at ease and comfortable while I was running around... which goes a long way with me! ????

I know the hospitality industry hears a lot of negative feedback when things go wrong and according to?American Hotel & Lodging Association?and?Kalibri Labs, "U.S. hotel business travel revenue is projected to be 23% below pre-pandemic levels in 2022, ending the year down more than $20 billion compared to 2019."

But with that said, trying to share good news/experiences and recognize those who go above and beyond! Wishing the industry a speedy recovery!

I'll be back in Palo Alto for work in May, and you already know who has my earned business for my next stay. Looking forward to seeing the team again! Now the expectations are even higher! ??

Full Post ----> Here

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Linkedin Community Shoutouts!

In each newsletter,?I will highlight one (or some) of the?comments made by?Linkedin community members?on my posts. So many great (and fun) comments, so hard to narrow down!

Shoutout to Ken, Eddie, Bonnie, Jade, Rhonda, Benita, Mokabbir, Manu, Josh, Julia, Vimal, Danielle, Stanley, Jeff, Thivanka, Megan, Marissa, Natalie and Enrique!
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What's your take on these headlines or others we should be discussing?

Join in by sharing your own thoughts on these topics in the comments below.

Thanks for reading!?

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Ryan Patel?is a global business executive, board member, and TV contributor.

Follow him on?Linkedin,?Twitter, and?Instagram.

Check out his?Linkedin Learning Course:?"Cultivate a Global Entrepreneurial Mindset in a Remote Working World"

Subscribe to his biweekly newsletter?-?"Ryan is Curious" Headline

DANIELLE GUZMAN

Coaching employees and brands to be unstoppable on social media | Employee Advocacy Futurist | Career Coach | Speaker

2 年

Great issue Ryan Patel, reading it now the section about reflection stands out. And how much we learn about ourselves when we take the time to slow down, connect and reflect. Do you make space for it or does it just happen? I tend to do the latter and think I need to pivot to the former. ??

Ryan Patel I wanna come fight cancer #coachella with you next year!! Looks fun and fab. Thanks for the pics.

Megan Shulby

Director-Level Product Leader | Digital Transformation | Customer-Obsessed | Driving B2B Growth at Scale

2 年

Great newsletter as always, Ryan! It’s a brilliant mix of news, stats, reflections and crowdsourced engagements. Can’t wait for the next one!

Benita Lee

Helping multinationals navigate the ever-changing international landscape of regulations & risk management in cross-border Trade.

2 年

Loved how I got to explore Coachella through your eyes, Ryan!

Ryan Patel

Global Business Executive | Board Director | CNN Contributor | Keynote Speaker | Webby Award Nominee | Host of "The Moment with Ryan Patel" Filmed at The HP Garage | Making Complex Topics Simple | LinkedIn Top Voice |

2 年

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