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 »
Posts Categorized: Personal Finance
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 »
A Meta-morphosis of sentiment that may turn again: Morning Brief
Description: Despite a Meta-drubbing, all might not be lost . Unleash the Meta-phors. The big fourth quarter earnings miss by Facebook’s re-christened parent company (FB) Meta-stasized on Wall Street (sorry, I just couldn’t resist) — dragging all the major indexes lower in an unmitigated bloodbath. Source: Yahoo.Finance.com – video report Date: Feb 04, 2022 Link: https://finance.yahoo.com/news/a-meta-morphosis-in-market-sentiment-morning-brief-100754611.html Questions… 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 »
What to know about the Apple privacy changes that crushed Facebook parent Meta
Description: Shares of Facebook parent Meta were hammered Thursday, falling 26% after the company revealed that privacy changes Apple made to its iOS platform last year have begun to sink their teeth into the social networking giant’s bottom line. Source: Yahoo.Finance.com – video report Date: Feb 03, 2022 Link: https://finance.yahoo.com/news/how-apple-app-tracking-transparency-works-162225922-220141435.html Questions for discussion: Why did… 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 »
Wood, Buffett Post Similar 2-Year Gain With Divergent Strategies
Description: (Bloomberg) — The investment approaches of Cathie Wood and Warren Buffett couldn’t be more different. But over the past two years, their investors have ended up with almost exactly the same results. Source: Yahoo.Finance.com/Bloomberg.com Date: Jan 25, 2022 Link: https://news.yahoo.com/wood-buffett-post-similar-2-112314999.html Questions for discussion: What is being suggested by this comparison? What influence, if any,… Read more »
Microsoft shares up on strong cloud guidance
Description: Microsoft shares were up about 4% Wednesday, a day after the company provided strong guidance for the next quarter in its latest earnings report. Source: CNBC.com Date: Jan 26, 2022 Link: https://www.cnbc.com/2022/01/26/microsoft-stock-up-on-strong-cloud-guidance.html Questions for discussion: Summarize the story on Microsoft. Why did Microsoft stock behave as it did, in your opinion? Would you be a buyer today?
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 »
