Published on: February 10, 2023

NetWorth Radio Advance Report - February 13, 2023

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for February 13, 2023.

Advance Report

Radio Show

Did equity valuations go too low in 2022?
What caused the Dow Jones to spike 600 points this past Tuesday?
Should investors fear a potential Windfall Profits Tax?
Is the 2023 Tech Sector bounce sustainable?
What are some of the important changes in the Secure 2.0 act?
Will commodities rally in the equity markets in 2023?
What is the McGowanGroup’s Portfolio Logistics Planning Process?


Dow Jones Industrial Average (02/12/2018 – 02/10/2023)

– Courtesy of Bloomberg LP

Chicago Board Options Exchange Short Term Interest Rate Index (02/12/2018 – 02/10/2023)

– Courtesy of Bloomberg LP

Commodity Research Bureau Index (02/12/2018 – 02/09/2023)

– Courtesy of Bloomberg LP

Cullen Frost Bankers, Inc. (01/01/1990 – 02/10/2023)

– Courtesy of Bloomberg LP


Headline Round Up

*Disney Stock Spikes 6% On Announcement of $5.5 Billion in Cost Reductions. Will ESPN’s “The Ocho” survive?
*Power Rally: Hilton Worldwide Holdings, Inc. More Than Doubles Earnings Last Quarter.
*PepsiCo, Inc. Continues Stellar Earnings Record With Higher Than Expected Profit in Q4 2022!
*Chicken Little: 100 Million Killed by Bird Flu Since October.
*Credit Suisse’s Biggest Annual Loss Since 2008?
*Gamble Mania: Super Bowl Betting Expected to Hit $16 Billion.
*Zoom Video Communications, Inc. Slashing Workforce by 15%.
*Alphabet’s Google Artificial Intelligence (AI) Demonstration Makes a Big Mistake!
*OpenAI, Make of ChatGPT, Now Empowering Microsoft Search Engine Bing.
*Home Buying Companies Stuck with Hundreds of Houses as Demand Slows.
*Goldman Sachs’s Top Commodity Analyst, Jeffrey Currie, Predicts Spare Oil Production Capacity to Dwindle with Possible Shortages in 2024. Forecasts $100 Per Barrel Oil Before Then?
*Western Major Oil Companies Report Record $219B Profits! What are they doing with all that cash?
*India Predicts 500% Increase in Natural Gas Demand Due to Rapid Development.
*Solar to Provide Over Half of New Electricity Capacity in 2023.
*Who is UBS’s Top Nuclear Pick?
*Small Modular Nuclear Race.
*World’s Largest Carbon Capture Plant Restarts in Texas. Texas Becoming Renewable Capital of U.S. Due to The Inflation Reduction Act!
*New Exchange Traded Funds (ETFs) to Track U.S. Lawmaker Stock Trades!


Profit Report

The Secure 2.0 Act is Delaying Required Minimum Distributions (RMDs)!


Research Round Up!

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*PIMCO: Growing Demand, Tight Supply for Commodities in 2023.

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