Description: Walmart’s stock surged this week. Target’s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen appliances. Both their CEOs − Walmart’s Doug McMillon and Target’s Brian Cornell − stepped into their roles in 2014. Source: CNBC.com Date: Nov 17, 2022 Link: https://www.cnbc.com/2022/11/17/walmart-and-targets-quarterly-results-lay-bare-retailers-differences.html… Read more »
Posts Categorized: Economic Analysis
The Fed Won’t Say It, but It Doesn’t Want a Strong Stock Market
Description: What a great country, right? Six days before a crucial midterm election, the head of the central bank was talking down the stock market. Source: NYTimes.com Date: Nov 07, 2022 Link: https://www.nytimes.com/2022/11/07/opinion/fed-stock-market-inflation.html Questions for discussion: What does the article say about the behavior of the Fed and the reasons? Do you agree with this assessment? What… Read more »
Major League Pickleball’s newest team owner is Anheuser-Busch
Description: Major League Pickleball has named its newest team owner, and it’s a major beer brand. The rapidly growing sports league announced on Tuesday that Anheuser-Busch will purchase a Major League Pickleball team. The team will begin playing in the 2023 season. Source: CNBC.com Date: Nov 08, 2022 Link: https://www.cnbc.com/2022/11/08/major-league-pickleballs-newest-team-owner-is-anheuser-busch-.html Questions for discussion: What are attributes that… Read more »
Stock markets could see a ‘midterm miracle’ after U.S. elections: Fisher
Description: The Canadian stock market is set for a potential rally after the U.S. midterm elections, according Ken Fisher, founder, executive chairman and co-chief investment officer of Fisher Investments. Source: BNNBloomberg.ca – video report Date: Nov 08, 2022 Link: https://www.bnnbloomberg.ca/stock-markets-could-see-a-midterm-miracle-after-u-s-elections-fisher-1.1842919 Questions for discussion: Summarize the analysis presented and suggestions for market movements over the next… Read more »
Carvana stock tanks in continued sell-off
Description: Shares of Carvana were briefly halted Monday morning due to volatility, down by as much as 24% at one point to below $7 per share — its lowest point on record. Source: CNBC.com Date: Nov 07, 2022 Link: https://www.cnbc.com/2022/11/07/carvana-stock-tanks-in-continued-sell-off.html Questions for discussion: Explain the company’s rapid decline in stock value, from a marketing point of view?… Read more »
Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)
Description: Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent. Source: NYTimes.com Date: Nov 03, 2022 Link: https://www.nytimes.com/2022/11/03/business/mortgage-rates-fed-wall-street.html Questions for discussion: Explain the calculus of mortgage rates. Why do you suppose the Fed is not participating in the market… Read more »
Jeremy Siegel: Why Stocks Will Remain Strong in the Long Run
Description: Wharton’s Jeremy Siegel shared insights from the sixth edition of his seminal book ‘Stocks for the Long Run’ at the Jacobs Levy Center’s Frontiers in Quantitative Finance Conference in September. Source: knowledge.wharton.upenn.edu Date: Oct 25, 2022 Link: https://knowledge.wharton.upenn.edu/article/jeremy-siegel-why-stocks-are-still-durable-in-the-long-run/ Questions for discussion: Summarize the key points made in this interview about interest rates, inflation, markets… Read more »
Feds place spotlight on clean tech, youth jobs in Fall Economic Update
Description: The federal government put a spotlight on its plans to improve investment in sustainable energy in its Fall Economic Statement on Thursday. Finance officials said with the United States recently introducing the Inflation Reduction Act, “the need for a competitive clean technology tax credit in Canada is more important than ever.” Source: BNNBloomberg.ca –… Read more »
Recession ahead? This bond-market indicator is flashing a ‘code-orange’ warning
Description: Signs of an impending U.S. recession keep piling up and now another widely followed bond-market measure is starting to intermittently flash its own warning. Source: MarketWatch.com Date: Oct 26, 2022 Link: https://www.marketwatch.com/story/recession-ahead-this-bond-market-indicator-is-flashing-a-code-orange-warning-11666803770?mod=home-page Questions for discussion: Explain the relationship between the rates and the reason for the suggested interpretation. What do the numbers suggest to… Read more »
Microsoft drops 6% after revealing weak guidance on its earnings call
Description: Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave weak quarterly guidance. Source: CNBC.com – video report Date: Oct 25, 2022 Link: https://www.cnbc.com/2022/10/25/microsoft-msft-earnings-q1-2023.html Questions for discussion: Explain why the announced results would cause the stock price to drop… Read more »
