Every day ROB Insight delivers exclusive analysis on breaking business news and market-moving events. Streetwise offers news and analysis on Bay Street and the world of finance. Inside the Market delivers up-to-the-minute insights on market news as it develops.
Here are our editors' picks of some of the best reads available to Globe Unlimited subscribers this week.
Cable looks over its shoulder
In the beginning, there was network TV. Then, behold, cable was born, and viewers saw that it was good. Since then, the cable business has grown by leaps and bounds, challenged only in recent years by satellite services, which have carved out just a modest segment of the market. But the new big disrupter, Netflix, and other online streaming services of its ilk, have shaken cable to its core. With millions signing up, and many of them cutting the cord, cable is struggling to maintain its market share. And the latest news from Netflix this week, as Ian McGugan explains in ROB Insight, could be the new once-in-a-generation threat to the industry.
OSC hears from Ackman
U.S. investor activist Bill Ackman gave Canada a ringing endorsement this week. Attending the OSC's annual Dialogue conference in Toronto, he cited less powerful poison pills and a higher disclosure limit for ownership (which his firm fought to maintain) among the reasons he felt the Canadian regulatory system was superior than its U.S. counterpart. In Streetwise, Boyd Erman discusses the points he made to the panel which focused on shareholder rights, governance, and proxy advisers.
Is the end nigh for market pullback?
Friday's bounce-back on equity markets provided some welcome relief going into the weekend after a harrowing week of losses, writes Darcy Keith in Inside the Market. So is it time for the bargain hunters to feed, or is this just a breather before more carnage to come? Gluskin Sheff chief economist David Rosenberg weighs in on where he thinks we are in the correction, or what we can expect to see next.
The iron ore meltdown
It's not hard to understand why oil prices have been taking a beating, what with excess supply flooding the market and declining demand in the West. But iron ore is a different matter. The biggest consumer of the commodity is China, where demand for steel is up 5 per cent over the past year and iron ore imports are up 15 per cent. And yet iron ore prices have been falling even faster than those for oil. What gives? In ROB Insight, Eric Reguly explains what's going on.
Caffeine-fuelled commodity gain
A lot of commodity prices have taken a beating, prompting some observers that the long commodity "super-cycle" has come to an end. But one that has escaped the thrashing is likely found in your cup every morning – the humble (or maybe, not-so-humble now) coffee bean. Prices are at a 2 1/2-year peak, and from last November's lows, they've risen a whopping 118 per cent. In Inside the Market, David Berman takes a look at what's perking in the coffee world and the reasons java has been bucking the trend.