2021 Questions:
• If Cash Rates are zero, where does the money flow?
• If COVID-19 is contained in 2021, what happens to different investment choices?
• Biden administration policies?
• Trump administration policies?
• What happens after the U.S. Government’s debt reaches $30 Trillion and the Federal Reserve’s balance sheet reaches $10 Trillion?
Insightful answers delivered in this week’s fast paced tour of the Global Financial Markets and do not miss PappaDean’s Corner of Financial Wisdom based upon over 50 years as an investor advisor!
Dow Jones Industrial Average (Year to Date)
– Courtesy of Bloomberg LP
Exchange Trade Fund Flows (10/15/2020)
– Courtesy of Bloomberg LP
Quarterly U.S. Economic Actual & Estimated Forecasts w/ Probability of Recession (4th Qtr. 2019 – 1st Qtr. 2022)
– Courtesy of Bloomberg LP
Yearly U.S. Economic Actual & Estimated Forecasts w/ Probability of Recession (2013 – 2022)
– Courtesy of Bloomberg LP
iShares iBoxx High Yield Corporate Bond ETF (Year to Date)
– Courtesy of Bloomberg LP
Global X MLP ETF (Year to Date)
– Courtesy of Bloomberg LP
Natural Gas Nov. 2020 Futures (Year to Date)
– Courtesy of Bloomberg LP
West Texas Intermediate Crude Nov. 2020 Futures (Year to Date)
– Courtesy of Bloomberg LP
N.Y.S.E. FANG Index (Year to Date)
– Courtesy of Bloomberg LP
Health Care Select Sector SPDR Fund (Year to Date)
– Courtesy of Bloomberg LP
Headline Round Up!
*Equity Markets Shift to Value Bargains?
*Mid-Week Swampy Trading Day. Pipelines Climbing Out of the Mud? Amazon -3% Energy Transfer +4%.
*Liquefied Natural Gas (LNG) Demand Recovers!
*Natural Gas Futures Explode Again!
*Devon Energy and WPX in Talks to Merge? Investors may recall 2009-2015 Devon Crosstex success.
*Other Mergers? Report from “Top Tick” Kerry! Alex, what does that mean?
*Goldman Sachs: Biden Win Is BULLISH For OIL?
*Goldman and UBS All But Endorse Biden With Reports Clearly Designed to Boost His Campaign.
*Amazon Hiring Another 1,500 in West Oak Cliff Fulfillment Center!
*Kraft Macaroni Cheesy!
*Green Hydrogen? Nuclear?
*This Week’s Inflation Updates.
*The IRS Still Has a Pile of 5.3 Million Pieces of Mail Including 2.5 Million Hardcopy Tax Returns! Just say yes to government run healthcare?
*Apple iPhone 12 Released. Stock Wilting?
*Senate Passes $484 Billion Coronavirus Relief Package.
*New York Times? Experts Confident Pandemic To Be Over “Far Sooner” Than Expected?
Profit Report!
*Operation Warp Speed!!!! Captain of the Vaccine Effort, Moncef Slaoui Weighs In! What does it mean for investors in 2021?
*This Week’s Money Flow and Sector Performance Updates.