NetWorth Radio Advance Report - October 15, 2018

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 October 15, 2018.

Advance Report

Radio Show

Powerful Interviews

This week’s technology stock selling came fast and furious. In fact, last week’s program was titled “Are You Playing a Dangerous Game of Chicken?” This week’s correction in blue chip U.S. equity totaled about 6%, 1600 Dow points, at the lows.
This week’s program will focus on possible outcomes and corresponding investment strategies. Risk control and a focus on long term bargains will be very important for 2019.
N.Y.S.E. FANG Index and Standard & Poor’s 500 Index (Approx. 10 Months)

-Courtesy of Bloomberg

Dow Jones Industrial Average Index (Approx. 10 Months)

-Courtesy of Bloomberg

Alerian M.L.P. Index and U.S. Crude {West Texas Intermediate} Spot (Approx. 5 Years)

-Courtesy of Bloomberg

JP Morgan Guide to the Markets 4Qtr. 2018 – Consumer Finances pg. 20

Consumer Finances JPM GTM 10.11.18

 

Dallas Business Leadership Headline Round Up!

6th Annual Commerce Street Investment Conference October 25, 2018

President & CEO
Dory A. Wiley is President & CEO of Commerce Street Holdings, LLC, the holding company for Commerce Street Capital, LLC (“CSC”), a FINRA member broker/dealer and Commerce Street Investment Management, LLC (“CSIM”), an SEC-registered investment advisor. Since co-founding the firm in 2007, his primary focus has been the creation and management of investment funds that specialize in financial institutions and related derivatives.
Mr. Wiley serves on the Boards and Investment Committees of CSIM’s investment funds. He formerly served as a member of the Board of Trustees of the Teacher Retirement System of Texas, an approximately $100 billion pension fund where he was Chairman of the Investment Committee.
Mr. Wiley has over 20 years of experience in commercial and investment banking and investment management. Prior to his current position with Commerce Street, Mr. Wiley was President of SAMCO Capital Markets, LLC, which he joined in August, 1996. Prior to SAMCO, he was Vice President and Manager of the Financial Institutions Group at Rauscher Pierce Refsnes, now RBC Capital Markets.
Mr. Wiley often lectures on bank-related topics for universities, seminars and conferences. He has testified as an expert witness on bank and securities valuations, has written articles for various banking periodicals and has been quoted extensively in the media. He is a member of the AICPA, Texas Society of CPAs, the Dallas Society of Financial Analysts, the National Association of Certified Valuation Analysts, and the CFA Institute. He also serves on several charitable boards.
Mr. Wiley received a BBA in Finance and Accounting from Texas Tech University, and an MBA from Southern Methodist University.

*Nearly $1 Trillion in Global Tech Value Lost Since Late August.
*Chinese Tech Giant High Flyer Tencent Holdings Limited Loses Over $250 Billion since the end of January. Largest Shareholder Gains in Value and Largest Loss Year to Date!
*Earnings Season Anxiety? Halloween!
*Retail Ice Age Freezes Sears?
*Bond Discounts Widen! Is Junk Cheap Enough?
*Did the Markets Overreact in a Misinterpretation of Fed Policy and Liquidity?
*Producer Inflation and Consumer Inflation: The Details Led to a Drop in Long Rates?
*Tariffs Lead to Import Code Gaming Shell Games?
*Bad Tariff Diplomacy, When Does it End?
*The Future of Smart Devices: Smart Visa embedded in Appliances? Is my Toaster Going to Charge my Card?
*Ethanol Lunacy? What About Deregulation?
*Shell is Moving Big into LNG. Potentially 1/3 of LNG
Controlled by Shell and Total. Growth and Pricing Intelligence Report.
*Jerry Jones Seeks Haynesville Shale Gas Deal!
*Q3 Profits Forecasted to Record $42.11 for S&P 500.
*Toker of the House! Former Speaker of the House John Boehner on the Board of a Cannabis Company.

 

Profit Report!

*JP Morgan Asset Management Q4 Report.

 

Research Round Up!


Investors are invited to improve decision making with a comprehensive tour of global economics, indicators, and actual results.
JP Morgan Guide to the Markets. MI-GTM_4Q18_Linked
Strategy: Capturing Balance Sheet Recovery!Recurrent MLPs - from Balance Sheet Recession to Recovery - July 2018

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