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: Personal Finance
These ‘Secret’ Recession Signs May Provide Clues to When the Next Downturn Is Coming
Description: With stocks near all time highs, and the Fed signaling that after three rate cuts they’re ready to hit pause (indicating they don’t believe the economy is about to slide into recession) it may be tempting for investors to breathe easy, too. Source: Fortune.com – video report Date: Oct 31, 2019 Link: https://fortune.com/2019/10/31/secret-recession-signs-next-downturn-2019-2020/ Questions… Read more »
Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index
Description: The U.S. dollar index could fall to as low as 85 as the Federal Reserve grows its balance sheet again by purchasing more bond assets, a Citi strategist said Thursday. Source: CNBC.com – video report Date: Nov 01, 2019 Link: https://www.cnbc.com/2019/11/01/us-dollar-could-weaken-to-85-on-the-dollar-index-citi.html Questions for discussion: Summarize the predictions made in this report for the value of the U.S. dollar. How should… Read more »
‘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 »
Daily Forecast: Roku’s Ad Business Continues to Gain
Description: eMarketer senior forecasting analyst Cindy Liu discusses our recent forecast revisions for Roku’s ad business. Source: eMarketer.com – video report Date: Oct 24, 2019 Link: https://www.emarketer.com/content/daily-forecast-roku-s-ad-business-continues-to-gain?ecid=NL1001 Questions for discussion: What are the positive indicators that have led to revisions for Roku’s ad business? How would you suggest investors interpret and use this information?
Lawmakers pummel Zuckerberg but don’t have a clue how to regulate cryptocurrency
Description: The rapid pace of technological change provides a breathtaking opportunity to challenge and change the world. We are moving toward a technology space that is swift, connected and digitized. This will not only reshape industries but also the regulatory frameworks around them. Source: CNBC.com – video report Date: Oct 25, 2019 Link: https://www.cnbc.com/2019/10/24/digital-currency-helps-the-1point7b-underbanked-and-money-launderers-too.html Questions… Read more »
A star stock picker is closing his fund because investors told him that style doesn’t work anymore
Description: Star stock picker and longtime money manager Jeffrey Vinik explained Thursday that he’s shuttering his hedge fund because would-be investors balked at his investment strategy, a reluctance that ultimately capped how much his relaunched firm was able to raise. Source: CNBC.com – video report Date: Oct 24, 2019 Link: https://www.cnbc.com/2019/10/24/jeff-vinik-says-hes-ending-fund-because-investors-doubt-his-strategy.html Questions for discussion: Why… 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?
