Wednesday, December 02, 2020
CHUM Pods: Grant Pearce - A 5th-Generation Arizonan - Finds A Way To Fulfill A Biblical Sermon: Teaching Others How-to-Fish
"Pods" mean different things to different things to different people that's for sure. But this streaming report from Arizona Family News ABC15 takes off with way too much information. . Prototypes made in his garage following a revelation in the laundry room!
WATCH THE VIDEO Supplied by Pearce to the local news outlet
Walmart picks up Mesa man's invention to sell nationwide
MESA, AZ — Grant Pearce is a 5th generation Arizonan who spends a lot of time by the water. "I've been fishing my whole life, probably caught my first fish at the age of three or four," Pearce said.
He turned that love for fish into a career, working full time as a fisheries biologist. He also enjoys teaching others how to fish, but says he noticed a common problem.
"There's nothing worse than trying to help a kid or an adult catch their first fish and they go to the lake and they don't have that experience where they get a bite and they get that experience of actually catching a fish," he said.
Pearce says while using a laundry pod to do his laundry, he came up with an idea. By putting bait inside of water-soluble pods, he created ChumPODS.
Video he provided shows how the pod dissolves in the water and the bait spills out, surrounding the hook, making fish more likely to notice it. Pearce says he started making prototypes in his garage.
"I would just start giving them away to fishermen, people I knew would come to the lake and use them," Pearce said.
He even landed a call with Walmart executives through their program called Walmart Open Call, where the company invites entrepreneurs to pitch their product in hopes of getting it on their shelves.
But that big meeting was almost interrupted when Pearce says his wife, who was expecting their first child, almost went into labor. . ."
LET'S STOP THERE
Only In Arizona, Kids! > Dr. Christ - The Great State's Department of Health Services Director
Arizona cites holiday reporting delays for record 10K cases
![In this June 25 photo Arizona Department of Health Service Director Dr. Cara Christ speaks about the latest Arizona coronavirus data at a news conference in Phoenix. Arizona on Tuesday reported over 10,000 new known coronavirus cases, but the Dr. Christ said the record number nearly three times the latest seven-day daily rolling average reflected not only the current surge but also delayed reporting by local health officials due to the Thanksgiving holiday weekend. [AP Photo/Ross D. Franklin]](https://www.yourvalley.net/uploads/original/20201201-120536-AP20238766177840.jpg)
PHOENIX (AP) — Arizona on Tuesday reported over 10,000 new known coronavirus cases, but the state said the record number nearly three times the latest seven-day daily rolling average reflected not only the current surge but also delayed reporting by local health officials due to the Thanksgiving holiday weekend.
“Today, the number of new cases reported is up significantly from what has been reported in the past. This large number of newly reported cases is a result of the extended four-day weekend," the state health director said. . . Christ wrote in a blog post that the long weekend meant “classification was delayed for a large portion of cases, resulting in much higher numbers than usual."
Economic Forecast 2021 > Erratic Recovery
Recovery to be erratic, Emerging stocks to rise in 2021: Invesco
(Reuters) - A recovery from the pandemic will be erratic but loose monetary policy around the world and vaccine optimism would keep risk assets supported, a global markets strategist at Invesco said on Wednesday.
Asia-Pacific equities, specifically markets in Greater China and North Asia, are expected to rise on COVID-19 containment measures, a rebound in economic activity and increased capital expenditure from the 5G rollout, David Chao, global markets strategist for Asia Pacific at Invesco, told the Reuters Global Markets Forum.
“I am very much overweight equities over fixed income... 2021 could be a great year for emerging market (EM) stocks,” Chao said at the Reuters Global Investment Outlook Summit, 2021.
Stock markets in the United States are expected to go through a period of correction, Chao said, adding that a broader rotation into value and cyclical stocks in the near-term was likely.
“From a fundamental standpoint, widespread inoculation will fuel a pickup in global demand, which should see cyclicals and value stocks rally relative to growth,” he said.
From a valuation perspective, Chao said, the disparity between value stocks, at 17 times price-to-earnings (P-E), and growth stocks, at 38 times P-E, was greater than the early-2000 record.
“For a continued rally of value stocks, there needs to be economic growth, higher inflation, rising bond yields and improved corporate earnings, which will hinge on a vaccine being approved and available to the public,” he added.
Chao expected the U.S. dollar to weaken in the first half of 2021 due to ample liquidity from the Federal Reserve’s ultra-loose monetary policies and additional fiscal stimulus measures.
For those same reasons and as a vaccine becomes available, Chao said inflation could “finally start to rear its head” in the second half of 2021.
“There will be a day of reckoning ... and the first sign will be inflation and then credit defaults. However, that day isn’t on the horizon just yet,” he said, while adding that those policies are needed globally to ensure the pandemic doesn’t cause permanent economic damage.
For other newsfrom Reuters Global Investment Outlook Summit 2021, click here
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(This interview was conducted in the Reuters Global Markets Forum, a chat room hosted on the Refinitiv Messenger platform. Sign up here to join GMF: refini.tv/33uoFoQ)
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