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Starbucks CEO Howard Schultz Orders a Double Shot of the Stock
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China Is Telegraphing Its Military Intent. Time to Listen.

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 * Inside Scoop


STARBUCKS CEO HOWARD SCHULTZ ORDERS A DOUBLE SHOT OF THE STOCK

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By
Connor Smith
May 20, 2022 4:00 am ET
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Howard Schultz isn’t done stocking up on Starbucks shares.

Back for his third stint leading Starbucks (ticker: SBUX), Schultz has been
aggressively buying the coffee retailer’s tumbling shares this month. Starbucks
stock has fallen 38% in 2022 and is off 43% from its 52-week highs. The S&P 500
index is down 18% this year.

Shares have been...

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 * Feature


CHINA IS TELEGRAPHING ITS MILITARY INTENT. TIME TO LISTEN.

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By
Seth Cropsey
May 21, 2022 7:30 am ET
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CHINA'S AIRCRAFT CARRIER, THE LIAONING, IN HONG KONG WATERS IN 2017.

Anthony Wallace/AFP via Getty Images

About the author: Seth Cropsey is founder and president of Yorktown Institute.
He served as a naval officer and as deputy Undersecretary of the Navy and is the
author of Mayday and Seablindness.

A military exercises in the manner it plans to fight. This was true for Russia
before the Feb. 24 invasion of Ukraine, true of the United States before the
2003 invasion of Iraq, and is true of China today. A missile test range the
People’s Liberation Army is using in western China demonstrates its combat
intentions toward Taiwan. The U.S. should reckon for this, and other information
on PLA force posture, in its military planning.

Russia’s yearlong force and equipment buildup, and its force structure, signaled
its intentions toward Ukraine. Its plan was irrational, but that it “abandoned”
its doctrinal principles is not clear. Russia’s ground campaign did not
coordinate axes of advance to stress Ukrainian defenses, but it did create
multiple pressure points aimed at overwhelming Ukrainian

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STARBUCKS CEO HOWARD SCHULTZ ORDERS A DOUBLE SHOT OF THE STOCK

Howard Schultz isn’t done stocking up on Starbucks shares.

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