Description: If a prominent economist is right, the Federal Reserve’s reaction to skyrocketing inflation is “going to go down in history as one of the worst inflation calls.” Source: Yahoo.Finance.com Date: Nov 25, 2021 Link: https://finance.yahoo.com/news/mohamed-el-erian-says-feds-223000705.html Questions for discussion: What are the arguments over the Fed’s decisions? What do you think about the understanding and… Read more »
Posts Categorized: Market Analysis
Investors Hung Their Hats on Peloton and Zoom Last Year. What Now?
Description: Some “stay-at-home” stocks that were pandemic-era darlings have experienced brutal sell-offs. Source: NYTimes.com Date: Nov 17, 2021 Link: https://www.nytimes.com/2021/11/17/business/peloton-zoom-stock.html Questions for discussion: Summarize the price movements of these so-called stay-at-home stocks. What would you advise investors at this time – buy, sell or hold? Explain your reasoning.
Nvidia data center sales grew 55% on demand for artificial intelligence chips
Description: Nvidia stock rose more than 5% in extended trading after it reported earnings on Wednesday for its third fiscal quarter that beat expectations for both earnings and sales. Source: CNBC.com – video report Date: Nov 17, 2021 Link: https://www.cnbc.com/2021/11/17/nvidia-nvda-earnings-q3-2022.html Questions for discussion: Explain Nvidia’s financial success? How should investors evaluate the stock going forward? Is… Read more »
‘It’s like Gamestop’: Mortgage expert on risk of housing correction
Description: Prices in red-hot Canadian housing markets could be at risk of a “significant” correction amid extreme valuation and policy uncertainty heading into the new year, according to one of the country’s best known mortgage experts. Source: BNNBloomberg.ca – video report Date: Nov 25, 2021 Link: https://www.bnnbloomberg.ca/it-s-like-gamestop-mortgage-expert-on-risk-of-housing-correction-1.1687056 Questions for discussion: What is helping to inflate… Read more »
Bill Gates’ TerraPower aims to build its first advanced nuclear reactor in a coal town in Wyoming
Description: Bill Gates’ TerraPower aims to build its first advanced nuclear reactor in a coal town in Wyoming Source: CNBC.com – video report Date: Nov 17, 2021 Link: https://www.cnbc.com/2021/11/17/bill-gates-terrapower-builds-its-first-nuclear-reactor-in-a-coal-town.html Questions for discussion: What are the business implications for this new technology? What sort of headwinds can the industry expect and how should they deal with… Read more »
Peloton Turns From Lockdown Darling to ‘Mispriced’ Growth Stock
Description: Peloton Interactive Inc. is going from a lockdown darling to a startup struggling to make money as the world comes back to life, boosting the likes of Airbnb Inc Source: Bloomberg.com Date: Nov 05, 2021 Link: https://www.bloomberg.com/news/articles/2021-11-05/peloton-turns-from-lockdown-darling-to-mispriced-growth-stock?srnd=premium-canada Questions for discussion: What does the report say to investors about valuations of stocks? What should investors expect in… Read more »
Hyperinflation warnings are ‘totally ridiculous,’ economist and longtime bear David Rosenberg says
Description: Economist David Rosenberg suggests hyperinflation warnings are irrational. The longtime bear, known for his contrarian views, blames rising prices on Covid-19-induced supply side shocks. According to Rosenberg, it’s wrong to assume the impact will cripple the economy and feed into runaway inflation. Source: CNBC.com – video report Date: Oct 26, 2021 Link: https://www.cnbc.com/2021/10/26/hyperinflation-warnings-are-totally-ridiculous-david-rosenberg.html Questions for… Read more »
Shopify’s 6-year earnings streak shatters; shares drop 6%
Description: Shopify Inc. posted weaker-than-expected adjusted earnings in the third quarter, the first time it has disappointed analysts since its 2015 initial public offering, as merchants did less business across its platform than expected. Source: BNNBloomberg.ca – video report Date: Oct 28, 2021 Link: https://www.bnnbloomberg.ca/shopify-s-6-year-earnings-streak-shatters-shares-drop-6-1.1673324 Questions for discussion: Summarize the key points presented in this… Read more »
Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch
Description: Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund. The world’s largest cryptocurrency climbed about 3% to $66,390.75 by 11:20 a.m. ET, topping a previous record of $64,899 set in mid-April. Source: CNBC.com – video report Date: Oct 20, 2021 Link: https://www.cnbc.com/2021/10/20/bitcoin-jumps-to-new-record-high-above-65000-after-landmark-us-etf-launch.html Questions… Read more »
‘Not transitory at all’: Scotia economist sees eight BoC rate hikes
Description: Canada’s annual inflation rate came in hot once again in September, and Scotiabank economist Derek Holt sees the Bank of Canada responding with a series of rate hikes beginning next year. Source: BNNBloomberg.ca – video report Date: Oct 20, 2021 Link: https://www.bnnbloomberg.ca/not-transitory-at-all-scotia-economist-sees-eight-boc-rate-hikes-1.1669087 Questions for discussion: Summarize the arguments presented that rate increases are coming?… Read more »
