Description: Investors of all kinds have always been lured by the king of metals, and even the most hardnosed of them know it holds extra value for those who adorn themselves with it. Wharton finance and economics professor Urban Jermannhas devised a new approach to capture that extra value in gold jewelry, allowing investors a better… Read more »
Posts Categorized: Governments & Regulators
Buy stocks like Whirlpool — not NFTs, asset manager says
Description: Investors should be looking to pick up stocks like Whirlpool and avoid assets like CryptoPunks NFTs, according to Jeff Henriksen, CEO and founder of Thorpe Abbotts Capital. Source: CNBC.com – video report Date: Feb 07, 2022 Link: https://www.cnbc.com/2022/02/07/buy-stocks-like-whirlpool-not-nfts-asset-manager-says.html Questions for discussion: What is wrong with valuations, according to this report? What advice is presented to investors?… Read more »
Investors have subsidized our Uber rides, Spotify tunes and Netflix binging — but maybe not for much longer
Description: Is the era of capital market subsidies nearing an end? I’m not referring to governments bending over to investment firms (which happens too often), but investors subsidizing customers. Source: FinancialPost.com Date: Feb 04, 2022 Link: https://financialpost.com/investing/investing-pro/investors-have-subsidized-our-uber-rides-spotify-tunes-and-netflix-bingeing-but-maybe-not-for-much-longer Questions for discussion: Summarize the key points made about how investors “subsidized” customers while the firm was scaling… Read more »
Analyst cuts five of Big Six banks to sell on rate-hike fallout
Description: A Bay Street analyst who hasn’t shied away from going bearish on the banks is doing it again. Source: BNNBloomberg.ca – video report Date: Feb 09, 2022 Link: https://www.bnnbloomberg.ca/analyst-cuts-five-of-big-six-banks-to-sell-on-rate-hike-fallout-1.1721005 Questions for discussion: What is the current status of bank stocks, according to the reports? Why is D’Souza suggesting a fall-back in stock prices? Do you agree… Read more »
Is This What Winning Looks Like?
Description: Modern Monetary Theory, the buzziest economic idea in decades, got a pandemic tryout of sorts. Now inflation is testing its limits. Source: NYTimes.com Date: Feb 07, 2022 Link: https://www.nytimes.com/2022/02/06/business/economy/modern-monetary-theory-stephanie-kelton.html Questions for discussion: What is MMT as you understand it? How would you answer the questions posed in the article, “Did Congress ‘experiment’ with MMT,… Read more »
Payrolls show surprisingly powerful gain of 467,000 in January despite omicron surge
Description: Job growth rose far more than expected in January despite surging omicron cases that seemingly sent millions of workers to the sidelines, the Labor Department reported Friday. Source: CNBC.com – video report Date: Feb 04, 2022 Link: https://www.cnbc.com/2022/02/04/jobs-report-january-2020-.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What does this data suggest is happening – economically speaking? What does this… Read more »
Inflation and Deficits Don’t Dim the Appeal of U.S. Bonds
Description: Treasury rates remain strikingly low, partly because of the safety government debt offers corporations and retirees. Whether that endures is crucial to federal spending. Source: NYTimes.com Date: Jan 30, 2022 Link: https://www.nytimes.com/2022/01/30/business/economy/inflation-bonds-treasury-yields.html? Questions for discussion: Summarize the key points made about the direction of bond prices, interest rates and inflation. Do you agree with… Read more »
Trans Mountain expansion is running over budget by billions of dollars and months behind schedule
Description: Work to expand the oil pipeline is now forecast to cost more than $17 billion and likely won’t be done until sometime in 2023, sources say Source: FinancialPost.com Date: Feb 03, 2022 Link: https://financialpost.com/commodities/energy/oil-gas/trans-mountain-expansion-running-over-budget-by-billions-of-dollars-and-months-behind-schedule Questions for discussion: Why are projected costs rising? How does government ownership influence the factors affecting this project, in your… Read more »
It’s Jerome Powell time — and one Wall Street bank warns the S&P 500 could fall another 20%. Goldman Sachs says the bull market will continue.
Description: Markets have reeled since the Federal Reserve announced, through the release of the December minutes, that the central bank would like to take a big whack at its $9 trillion balance sheet rather than keep it at that lofty level. In just the last month, the S&P 500 SPX, has dropped 9%, while the ARK Innovation… Read more »
Canada’s housing market is betting interest rates will never rise
Description: The low interest rate loans that are helping propel one of the world’s frothiest property markets could also be what make it burst. Source: BNNBloomberg.ca – video report Date: Jan 26, 2022 Link: https://www.bnnbloomberg.ca/canada-s-housing-market-is-betting-interest-rates-will-never-rise-1.1712555 Questions for discussion: Summarize what the report says about interest rates and the housing industry? What does this suggest to… Read more »
