Description: The S&P 500 surged to a new all-time high on Monday, and Goldman Sachs says the bull market will keep on rolling into 2020 on the back of three big buyers: corporations, foreign investors and US households. Companies will spend $470 billion on stocks next year, with foreign investors and US households contributing $50 billion and… Read more »
Posts Categorized: Market Analysis
‘This is a tragedy for Canada’: Fear and dismay as Encana chooses U.S. as its new home
Description: CALGARY / EDMONTON – Described as a “tragedy” in a downtrodden industry, one of Canada’s oldest and largest energy companies Encana Corp. is dropping Canada from its name and moving to the United States to attract more investors. Source: FinancialPost.com – video report Date: Oct 31, 2019 Link: https://business.financialpost.com/commodities/energy/bitter-pill-to-swallow-fear-and-dismay-as-encana-chooses-u-s-as-new-home?video_autoplay=true Questions for discussion: Why is… Read more »
Foreigners are ditching Canadian stocks as flows dip to 7-year low
Description: Canada’s $2.2 trillion stock market has hit multiple records this year but that’s not impressing foreign investors. Source: BNNBloomberg.com – video report Date: Oct 24, 2019 Link: https://www.bnnbloomberg.ca/foreigners-are-so-over-canada-stocks-as-flows-dip-to-7-year-low-1.1336836 Questions for discussion: Explain what the report says is happening in Canada’s stock markets. Do you think this is a good time to be a contrarian?
The economy could shock all the bears in 2020
Description: Sometimes being contrarian in markets pays off handsomely. And that appears to be the line of thinking at the world’s largest asset manager BlackRock as the calendar gets ready to turn to 2020. Source: Yahoo.Finance.com – video report Date: Oct 17, 2019 Link: https://finance.yahoo.com/news/the-economy-could-shock-all-the-bears-in-2020-194835472.html Questions for discussion: What does Mike Pyle say is happening… Read more »
Jim Cramer Identifies the 7 Deadly Investing Sins in a Rotational Market
Description: The market is rotating out of higher-multiple stocks into lower-multiple stocks, and Jim Cramer is here for it. Source: TheStreet.com – video report Date: Oct 17, 2019 Link: https://www.thestreet.com/video/jim-cramer-identifies-the-7-deadly-investing-sins-in-a-rotational-market-15130726 Questions for discussion: What does Jim Cramer say is happening and what investors should do? Do agree with his assessment and advice?
Recession odds in Canada’s crude, condo and cannabis economy
Description: Canada’s economy has been a bright spot in the dimming global economy — but perhaps not for much longer, according to several bold calls at Bloomberg’s Canadian Fixed Income Conference Wednesday. Source: BNNBloomberg.com – video report Date: Oct 17, 2019 Link: https://www.bnnbloomberg.ca/recession-odds-in-canada-s-crude-condo-and-cannabis-economy-1.1332984 Questions for discussion: What does David Rosenberg say is happening in the… Read more »
The world economy’s strange new rules
Description: How economies work has changed radically. So must economic policy Source: Economist.com Date: Oct 10, 2019 Link: https://www.economist.com/leaders/2019/10/10/the-world-economys-strange-new-rules Questions for discussion: Summarize the highlights discussed in this article. How do you think the restructuring process will play out?
President Trump and Federal Reserve chief Powell may join forces to send stocks skyrocketing
Description: President Trump has consistently, vocally trashed the monetary policy work done by his handpicked Federal Reserve chief Jerome Powell. Powell has taken it in stride, at least out in public settings. Source: Yahoo.Finance.com – video report Date: Oct 11, 2019 Link: https://finance.yahoo.com/news/trump-and-federal-reserve-chair-jerome-powell-may-join-forces-to-send-stocks-skyrocketing-164032925.html Questions for discussion: What does the report say about the reasons for… Read more »
Trade War Is Bleeding Into Enterprise Software — NetApp, Cisco, HPQ Downgraded
Description: Here’s the significance of an enterprise software industry downgrade some may overlook Source: TheStreet.com – video report Date: Oct 10, 2019 Link: https://www.thestreet.com/video/trade-is-war-bleeding-into-enterprise-software-netapp-cisco-hpq-downgraded-15122738 Questions for discussion: What does the report say about the effect the trade war is having on enterprise software firms? How should investors respond?
Blackstone CEO Steve Schwarzman Says Recession Is ‘Unlikely Now’
Description: Stephen Schwarzman says he has lived through seven major market declines or recessions in his 50 years working on Wall Street. The CEO of Blackstone Group lists them in his new book What It Takes: 1973, 1975, 1982, 1987, 1990-1992, 2001, 2008-2010. Through all those experiences, he writes that there are “simple rules” for identifying them…. Read more »
