Tag Archives: Starbucks

Airbnb in Lille, France – No Starbucks?

I just had my first Airbnb experience, I was a virgin Airbnb’er. No longer. I’m a fan. Their technology is excellent, their coverage in a skeptical Europe surprised me.

Uber impresses me, Airbnb impresses me. These companies aren’t just technology darlings, and they don’t seem to be just ‘fads’. They’re pushing aside decade old monopolies around the world. And profiting handsomely, how can you not like that?!

The growth here in Europe seems overnight. But where’s my Starbucks which after 10 (maybe 15) years in France, still isn’t in Lille – the 4th largest city. I was surprised not to stumble on a few, and so were these fans petitioning on Facebook… The old continent takes their sweet time, but I’m happy to see success of private companies like these. Airbnb is private and valued at around $10 billion. (They were founded in 2008…)

Lille has more restaurants than inhabitants, the best beer in France, no dog excrement on the sidewalk (Parisians leave shooshoo a la maison), an endless supply of impressive architecture, and rental bikes available for about $2 a day.

This was the view from our Airbnb, a property owned by a young couple, probably inherited.

Airbnb-View-LilleStumbled on this:

Porte-LilleThis gave me a chuckle:

Funny Garbage CanGood Trading.

Case Shiller and Consumer Confidence

As I try to refine a decent trading strategy, I look at these numbers. And they’re not reassuring but the markets are up about 1% across the board. The Euro is strong (really strong), though it couldn’t quite hit 1.44 this morning. We’re expecting the IMF, ECB, and the EU in general to firmly support Greece. Fair enough. I think today though we should expect the unexpected. I wouldn’t be surprised if this morning rally doesn’t hold up through the day.

So it’s a question of ‘time’, and my expectations that weak employment, housing, banks, and sentiment, should have a negative effect on the markets. The question is, then, when will these factors hit the markets? Or how do I play these distractions? What others can we find? Will IEA1 and Europe’s problems distract us long enough to see housing and/or employment rebound?

I have some decent mysteries in my portfolio. Starbucks ($SBUX) is one, Starbucks was stuck in a range and has broken out, Google ($GS) arguably is trending down but is showing strength. Linked-in ($LNKD) is equally perplexing to me.