Published on: August 19, 2022

NetWorth Radio Advance Report - August 22, 2022

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 August 22, 2022.

Advance Report

Radio Show

What are some of the updated forecasts for economic growth?
What about forecasts for profit growth?
How could investors keep pace with inflation?
What is really happening with the economy in China?
Who are some of the biggest winners and losers in the financial markets over the past 90 days?
Where can safety reserves go now in the equity markets?

 

Headline Round Up

*20 Year-Old Jake Freeman Makes $110 Million in 3 Weeks with 25 Million bet on Bed, Bath and Beyond stock!
*Housing Boom Over? Home Sales Down 25% From Peak This Summer And More Homebuyers Backing Out?
*Housing Starts Down 8% from July 2021.
*”Stupid is as Stupid Does” – Venture Capital Firm Andreessen Horowitz Backing WeWork Founder Adam Neumann’s New Residential Real Estate Company?
*China’s Economic Disaster?
*S.E.C. Forces Delisting of Chinese Stocks Failing to Meet Accounting Standards.
*Cisco Systems, Inc. Bullish! Supply Chain Getting Solved.
*What Were Some of Warren Buffett’s Latest Additions?
*Venture Capital Gets a 50% Haircut!
*Dan Sundheim’s D1 Capital Partners Loves Tesla and Ferrari.
*Affluent Shoppers Headed for Walmart?
*Bitcoin Mining Companies Lose Over $1 Billion in Q2 2022! North Korean Crypto Hacks Soar.
*Oil Drops as Low as $86 Per Barrel on Signs of Chinese Economic Slowdown.
*Texas Drought Devastates 2022 Cotton Harvest.
*Bill Gates TerraPower Raises $750 Million for Nuclear Energy.

 

Quarterly U.S. Economic Forecasts with Probability of Recession (Q3 2021 – Q4 2023)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index (12/31/2021 – 08/19/2022)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Quarterly Earnings Estimates (08/19/2019 – 08/19/2022)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Member Ranked Returns (05/19/2022 – 08/19/2022)

– Courtesy of Bloomberg LP

U.S. Existing Home Sales, Seasonally Adjusted Annual Rate (08/31/2012 – 07/31/2022)

– Courtesy of Bloomberg LP

U.S. New Privately Owned Housing Units Started by Structure Total, Seasonally Adjusted Annual Rate (08/21/2012 – 07/31/2022)

– Courtesy of Bloomberg LP

Generic Natural Gas Future Contract Spot Price (08/21/2012 – 08/19/2022)

– Courtesy of Bloomberg LP

 

Profit Report

1. What Are Some of the Best Client Questions We Received This Week?
2. Is a GATT Rate Increase Coming?
3. Some Potentially Less Risky Money Choices?

 

Research Round Up!

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*NXG Investment Management: Inflation Recovery Act. NXG Brief - Inflation Recovery Act (Clean Energy Bill) 2022.08.01 (1) (1)
*AllianceBernstein: Inflation Peak? Deflation Categories
*AllianceBernstein: Three Reasons It’s Time to Add High-Yield Bonds.

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