Published on: December 16, 2022

NetWorth Radio Advance Report - December 19, 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 December 19, 2022.

Advance Report

Radio Show

What does slowing growth in the equity markets mean for investors in 2023?
Are there parallel scenarios for the financial markets’ reactions to anemic economic growth next year?
Who are some of the companies currently reporting strong profits and forecasting growth in the new year?
What did the Federal Reserve Chairman, Jerome Powell, fail to say this week after increasing interest rates that corresponded to a selloff in the equity markets?
What are the actual Federal Reserve’s interest rate projections for 2023?
What usually happens in January that could be important for investors in the financial markets?
What are some of the reasons investors would consolidate with McGowanGroup Wealth Management?


Headline Round Up

*Bullish United Airlines Buys 100 of Boeing’s 787 Boeing Dreamliners!
*Good News: Delta Airlines Reports Strong Profits and Raises 2023 Forecasts.
*Inflation Turns to Disinflation?
*Federal Reserve Raises Rates Again and Releases Forward 2023 Forecasts.
*Texas Teacher’s Pension Benefits from Hedge Funds, But Still Lost Money.
*Petrobras Valuation Down $41 Billion in Months!
*Bridgewater’s Ray Dalio Retires and Is Now Part Owner of Triton Submarines!
*Short Sellers Made $50 Billion On FAANG Stocks and Others.
*Citadel’s Ken Griffin Sues IRS for “Willfully and Intentionally” Failing to Establish Adequate Safeguards to Protect His Confidential Tax Return Information.
*Musk Sells $3.6B More Tesla Shares, Stock Cheapest Valuation Ever, Hints at Moving Twitter to Texas.
*Grinchy EY: Accounting Giant Says No Christmas Bonus This Year!
*Biggest Medical Merger of the Year: Amgen, Inc. Buying Horizon Therapeutics PLC for $28B.
*Goldman Sachs to Cut Hundreds More Jobs.
*Energy Information Administration: Energy Dividends and Buybacks Hitting a Record.
*Jamie Dimon: Prepare for Oil and Gas Crisis to Get Much Worse in Europe as Fallout From Russia’s War in Ukraine.
*Higher French Nuclear Output Helps Meet Rising French Demand and Avoids Strain on Grid.
*FTX Customer Money Went to Political Donations on Both Sides of the Aisle!
*Where is Caroline Ellison, Ex-CEO of Alameda, Now?


Standard & Poor’s 500 Index (12/31/2021 – 12/15/2022)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Quarterly Earning Estimates  (12/15/2019 – 12/15/2022)

– Courtesy of Bloomberg LP

C.B.O.E. Short Term Interest Rate Index, 10 Year Treasury Note Yield Index & 30 Year Treasury Bond Yield Index (12/31/2021 – 12/15/2022)

– Courtesy of Bloomberg LP

Quarterly U.S. Economic Forecasts with Probability of Recession. (Q1 2022 – Q2 2024)

– Courtesy of Bloomberg LP

Global X MLP ETF  (12/31/2021 – 12/15/2022)

– Courtesy of Bloomberg LP

Atlanta Federal Reserve’s Consumer Price Index 3 Month Annualized Rate & Excluding Shelter Annualized Rate (06/01/2021 – 11/30/2022)

– Courtesy of Bloomberg LP


Profit Report

The Grampa and Grandma 529!
The Federal Reserve’s 2023 Meeting Schedule
Logistics of consolidation with The McGowanGroup!


Research Round Up!

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