Q: Is the recent profit growth rate enough to justify current equity market valuations?
Q: What could the October jobs numbers indicate about the U.S. economy?
Q: What were the highest & lowest investment performing areas of the financial markets in October?
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Headline Round Up
*Bullish on Texas: PwC Says North Texas Is The #1 Real Estate Market to Watch in 2025.
*North Texas Home Prices Rose at Just 1/3rd the National Average?
*Back to Work! Bosses Calling Workers Back to the Office. Alex, is this bad for Netflix, but good for Landlords?
*MetLife Says Commercial Real Estate Outlook Improving in 2025.
*Residential Real Estate Cooling? Homebuilding Bellwether D.R. Horton’s 2025 Forecast Fails to Meet Wall Street Expectations.
*2024 Q3 Economic Growth at 2.8%.
*Inflation at Just 2.1% for September. Does this lead to a potential Federal Reserve interest rate cut in November?
*Alphabet’s Google Cloud Computing Division Boosting Revenue Up 35% From Previous Year! Sells computing power in data centers taking advantage of the Artificial Intelligence (AI) boom.
*Microsoft Sells Off After Report Showing Over 30% Cloud Revenue Growth, But Slower Quarterly Cloud Revenue Growth? Does Wall Street have high expectations?
*Dallas Based Tenet Health Care Having a Stellar 2024 with Net Income in Q3 2024 at $472 Million vs. $101 Million in Q3 2023. Double Digit Growth!
*Russia Hits Google with Fine Larger Than the World’s Gross Domestic Product (GDP)?
*AbbVie Spikes Raising 2024 Forecast After Strong Sales on Top Selling Anti-Inflammatory Drugs.
*Private Equity Firms including Carlyle Group, Brookfield Asset Management, and Apollo Global Management Financing Nuclear on AI Ambitions?
*U.S. Geological Survey (USGS) & the State of Arkansas Discover Vast Untapped Lithium Reserve. Arkansas poised to dominate lithium?
* Cheniere Energy Predicts Chinese Demand for Natural Gas to Jump by More Than 50% by 2040 While Shell Predicts Global Demand to Surge by 50% by 2040.
* Natural Gas Crunch Likely? International Energy Agency (IEA) Warning of Potential Supply Shortages Due to Insufficient Investment in Production.
*The 50 Richest Women in America in 2024!
Dow Jones Industrial Average Index (12/29/2023 – 11/01/2024)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index Earnings Analysis by Sector (08/16/2024 – 11/15/2024)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Top 10 and Bottom 10 Performers (10/01/2024 – 11/01/2024)
– Courtesy of Bloomberg LP
Meta Platforms Inc (10/28/2024 – 11/01/2024)
– Courtesy of Bloomberg LP
Microsoft Corp (10/28/2024 – 11/01/2024)
– Courtesy of Bloomberg LP
United States Employees on Nonfarm Payrolls Total MoM Net Change Seasonally Adjusted (10/31/2022 – 10/31/2024)
– Courtesy of Bloomberg LP
Polymarket United States Election Odds (11/01/2024)
– Courtesy of Polymarket
Profit Report
Dallas’s own Milo Butterfingers & why investors need a great advisor to partner with!
The 2025 Tax Brackets Are Here.
Year End Tax Planning Ideas with McGowanGroup Wealth Management.
