Wharton Professor Jeremy Siegel says stocks will soar 20% next year as inflation fades—but legendary investor Bill Ackman says not so fast

Posted by & filed under Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Market Analysis, Personal Finance.

Description: In boardrooms at Fortune 500 companies, at swanky Wall Street bars, and in the halls of business schools across the country, there’s been a consistent debate over “what’s next?” for U.S. inflation over the past year. Source: Yahoo.Finance.com Date: Nov 22, 2022 Link: https://finance.yahoo.com/news/wharton-professor-jeremy-siegel-says-204143788.html Questions for discussion: Why is inflation so important to understanding predictions about… Read more »

Disney board reached out to Iger on Friday following concerns over earnings

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Description: Disneys board reached out to Bob Iger on Friday, without any other serious candidates in mind to replace Bob Chapek as CEO, CNBC’s David Faber reported Monday, citing sources. Source: CNBC.com – video report Date: Nov 21, 2022 Link: https://www.cnbc.com/2022/11/21/disney-board-reached-out-to-iger-friday-after-concerns-over-earnings.html Questions for discussion: Why did the board of directors make this decision? Why do… Read more »

Tesla’s Sinking Shares Leave Wall Street Analyst Targets in Dust

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Description: The rapid selloff in Tesla Inc. shares has left most price targets from ever-bullish Wall Street analysts seemingly obsolete. Source: Bloomberg.com Date: Nov 22, 2022 Link: https://www.bloomberg.com/news/articles/2022-11-22/tesla-s-sinking-shares-leave-wall-street-analyst-targets-in-dust?srnd=premium-canada&leadSource=uverify%20wall Questions for discussion: What does the report say about Tesla’s current and future stock valuations? Do you agree with the analysis? What would you advise investors?

How BlackBerry moved from iconic cellphones to cybersecurity

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Description: BlackBerry was once at the top of the smartphone market in the U.S. In 2010, almost half of smartphone subscribers in the U.S. used BlackBerrys, according to Comscore. Source: CNBC.com – video report Date: Nov 19, 2022 Link: https://www.cnbc.com/2022/11/19/how-blackberry-moved-from-iconic-cellphones-to-cybersecurity.html Questions for discussion: Summarize the story of Blackberry and the direction taken by John Chen. Do… Read more »

Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter

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Description: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow… Read more »

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

Posted by & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob… Read more »

You need to understand the FTX debacle even if you have no investments in crypto

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Description: The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a lightly regulated firm. Source: MarketWatch.com Date: Nov 13, 2022 Link: https://www.marketwatch.com/story/you-need-to-understand-the-ftx-debacle-even-if-you-have-no-investments-in-crypto-11668184909 Questions for discussion: Summarize the key points made in the report… Read more »

Economist Nouriel Roubini slams crypto ‘carnival barkers’ and Binance CEO as ‘a walking time bomb’ after FTX disaster

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Description: Outspoken economist Nouriel Roubini described crypto and some of its major players as an “ecosystem that is totally corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, con men, carnival barkers,”… Read more »

Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.

Posted by & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Market Analysis, Personal Finance.

Description: Overreacting much? According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. Source: MarketWatch.com Date: Nov 14, 2022 Link: https://www.marketwatch.com/story/markets-are-getting-a-wake-up-call-in-2023-says-morgan-stanley-which-offers-a-plan-for-investors-to-get-ready-11668427567 Questions for discussion: What does the report say about market behavior today and the prospects longer term?… Read more »

Ontario Teachers writes off FTX stake, citing potential fraud

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Description: Ontario Teachers’ Pension Plan said it will write down its stake in FTX to zero, taking a US$95 million loss barely a year after making its first investment in Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange. Source: BNNBloomberg.ca – video report Date: Nov 19, 2022 Link: https://www.bnnbloomberg.ca/ontario-teachers-writes-off-ftx-stake-citing-potential-fraud-1.1848170 Questions for discussion: Summarize the analysis presented and evaluation… Read more »