CHRISTOPHER PETER CRC

Welcome. My name is Christopher Peter and I am the political economist, investor, and podcaster behind the original content you will experience on The Christopher Peter Review.

THE BIG BET:

The 2024 MLB Season will formally kickoff this week with a full slate of games starting on Thursday, following the Seoul Series last week. An international display that contained international controversy. Not for the play on the field but the news that broke during the series. A $4.5 million wire, a fired interpreter, and conflicting narratives all from the Ohtani camp now cloud opening day. Its biggest star denies any gambling or knowledge, but he will undoubtedly continue to face scrutiny and questions as the situation is not resolved.

THE BRIDGE COLLAPSE:

Anyone who has driven south on I-695 in Maryland probably driven over the Francis Scott Key Bridge. That bridge was struck by a container ship, knocking the bridge down into the Chesapeake Bay, leading to a search and rescue response to address any people or vehicles that may have been on that bridge. Thoughts and prayers for the safe rescue mission. The container ship has a past incident, hitting a wall in the Port of Antwerp, a few years back.

BOEING HAS A JOB OPENING:

The global giant, whose markets include airplane production, defense, and others, will be searching for a new Chief Executive, following the resignation of David Calhoun. The company will need to find a solution to quality issues that have plagued the maker of the 787-Max and other planes that have faced problems and scrutiny from airlines, regulators, and others. In addition, there have been many production delays.

SWIPE FEE RELIEF:

An agreement between Visa, Mastercard, and card issuing banks will lower the fees for the next five years. A temporary relief to retailers, small business, and consumers who have complained about the cost of accepting credit. But, consumers prefer to use cards over cash. And many consumers view the fees as the cost of doing business, while some business view them as a transfer cost they will pass on.

FEATURED CONTENT:

In my featured content, I discuss the issues that occur when public policy affords parties the ability curb competition, implement barriers to entry, and change the dynamic of natural markets. Many people have an irrational sour view on capitalism, while still holding out personal hopes of leveraging capitalism to their advantage. Free market capitalism is not a problem. Issue with corporatism and policy imperfections have a greater impact on the harm than the system itself.

THE CHANNELS: