Description: How China’s economy bounced back one year after first Covid warning: CNBC After Hours Source: CNBC.com – video report Date: Dec 30, 2020 Link: https://www.cnbc.com/video/2020/12/30/how-chinas-economy-bounced-back-one-year-after-first-covid-warning-coronavirus-wuhan.html Questions for discussion: Summarize the highlights in this report. Which industries were hit worst of all by Covid-19? How do you think 2021 will play out around the world?
Posts Categorized: Personal Finance
Tesla’s Musk claims ‘during dark days of Model 3’ he sought an Apple buyout
Description: Elon Musk on Tuesday wasn’t about to let Apple Inc, suck up all the oxygen on Wall Street, on the back of reports that the iPhone maker was again considering rolling out an electric vehicle of its own by 2024. Source: MarketWatch.com Date: Dec 22, 2020 Link: https://www.marketwatch.com/story/teslas-musk-claims-during-dark-days-of-model-3-he-sought-an-apple-buyout-11608675875 Questions for discussion: Would a merger… Read more »
Airbnb stock more than doubles after IPO, making it worth more than larger rival Booking
Description: In the biggest IPO of the year so far, Airbnb Inc. shares more than doubled in their stock market debut Thursday morning, pushing the company’s valuation to nearly $90 billion. Source: MarketWatch.com Date: Dec 10, 2020 Link: https://www.marketwatch.com/story/airbnb-stock-more-than-doubles-after-ipo-making-it-worth-more-than-larger-rival-booking-11607626276?mod=home-page Questions for discussion: Do you believe the IPO valuation makes sense? What justifies investors’ jumping in… Read more »
Equity market bubble will ‘end in tears,’ Rosenberg warns
Description: Veteran Bay Street economist and strategist David Rosenberg is warning that a return to a more normalized interest rate environment could stop the record-breaking market rally in its tracks. Source: BNNBloomberg.com – video report Date: Dec 10, 2020 Link: https://www.bnnbloomberg.ca/equity-market-bubble-will-end-in-tears-rosenberg-warns-1.1533399 Questions for discussion: Summarize the scenario presented by David Rosenberg. Assuming this is likely,… Read more »
Opinion: Why the 2020s could favor market-timers over buy-and-hold U.S. stock investors
Description: International stocks, gold and bonds may be a better bet for the next decade Source: MarketWatch.com Date: Dec 01, 2020 Link: https://www.marketwatch.com/story/why-the-2020s-could-favor-market-timers-over-buy-and-hold-us-stock-investors-2020-12-01?mod=home-page Questions for discussion: Summarize the analysis presented and recommendations to investors. Do you agree?
Airbnb Aims for About $35 Billion Value in Long-Awaited IPO
Description: Airbnb Inc. and existing investors are seeking to raise as much as $2.6 billion in a long-awaited initial public offering expected to cap one of the busiest years ever for U.S. listings. Source: Bloomberg.com Date: Dec 01, 2020 Link: https://www.bloomberg.com/news/articles/2020-12-01/airbnb-sets-price-range-for-2-6-billion-initial-public-offering Questions for discussion: What does the article say about the value of the IPO and… Read more »
What Janet Yellen’s nomination as Treasury secretary means for U.S. policy on China and trade
Description: Former Federal Reserve Chair Janet Yellen has been nominated by President-elect Joe Biden as his Treasury secretary — a position that would make her, if confirmed by the Senate, a critical figure in U.S. trade negotiations with China Source: CNBC.com – video report Date: Dec 01, 2020 Link: https://www.cnbc.com/2020/12/02/what-yellens-nomination-as-treasury-secretary-means-for-china-trade.html Questions for discussion: What does the article suggest is… Read more »
RBC beats Q4 expectations as capital markets profit soars 44%
Description: Royal Bank of Canada surpassed profit expectations in the fourth quarter amid a surge in earnings from its trading and investment banking operations that helped mitigate the impact of COVID-19 on the lender’s other branches. Source: BNNBloomberg.com – video report Date: Dec 02, 2020 Link: https://www.bnnbloomberg.ca/rbc-beats-q4-expectations-as-capital-markets-profit-soars-44-1.1530562 Questions for discussion: Summarize the highlights presented in… Read more »
Zoom investors are looking to a post-pandemic 2021 even with current growth at over 300%
Description: Zoom is poised to show another monster quarter when it reports results on Monday, with sales growth expected to top 300% for a second straight period. Source: CNBC.com – video report Date: Nov 29, 2020 Link: https://www.cnbc.com/2020/11/29/zoom-investors-look-to-post-pandemic-2021-even-with-big-q3-expected.html Questions for discussion: Explain the relationship of Zoom stock price to news releases about Covid-19 vaccines. What does… Read more »
Airlines See Loss Reaching $157 Billion Before Virus Clears
Description: Record airline losses from the coronavirus outbreak will continue to mount next year as anticipated vaccination programs take time to revive travel demand, according to the industry’s main trade group. Source: Bloomberg.com – video report Date: Nov 24, 2020 Link: https://www.bloomberg.com/news/articles/2020-11-24/airlines-see-losses-swelling-to-157-billion-before-virus-clears Questions for discussion: How bad has the airline industry been hit by the… Read more »
