Published on: November 4, 2022

NetWorth Radio Advance Report - November 7, 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 November 7, 2022.

Advance Report

Radio Show

What is a Goldilocks Economy and when could it happen?
How much are the FAANG stocks down this year?
What sectors of the equity markets are likely to increase their dividends over the next year?
What is driving the impressive performance of some medical companies this year?
When does the artificial pressure of the Federal Reserve’s Magical Mystery Tour end?
Is Clean Technology overinvested at this point in the financial markets?

 

Headline Round Up

*What the Federal Reserve Did and Said!
*Current Job Market Updates!
*Overall Home Sales Plummet Near 25% YoY.
*Opendoor Technology, Inc. Lays Off 18% of Workers.
*U.S. Building Permits Down 15% Since March.
*Peloton Interactive, Inc.’s Race to the Bottom?
*AbbVie, Inc. Profits Up 29% in Q3.
*Unum Group Profits Up 37% over 3 years.
*China’s Foxconn Workers in China Flee COVID-19 Lockdown at Large iPhone factory.
*New Car Prices Cooling; Prices dropped in October from July highs!
*Car Loan Rates at 14 Year High! Highest since April 2019.
*Billionaire Investor Leon Cooperman Still Likes Energy Even with Potential Recession in 2023.
*CEO’s Cutting Back on Staff and Environmental, Social and Governance (ESG) Efforts Due to Recession Fears.
*SEC Staff Departures Escalate on Workload Concerns After Flurry of New Regulations.
*Shipping Container Demand Weakens Further on Recession Concerns.
*New Texas Liquified Natural Gas (LNG) Export Plant. Does that giant sucking sound go through pipelines?
*ExxonMobil, Corp. Cash Flows at Record $24 Billion Q3.
*Pioneer Natural Resources, Co. Repurchases $500 Million Worth of Shares at $218 a Share.
*Energy Transfer Earnings Up $371 Million Over Q3 2021 Earnings.
*Saudi Aramco Profit Surges $39% in Q3 Year over Year.
*E.U. Embargo of Russian Oil Could Send Brent Crude Prices “Well Above $100”, said Joseph McMonigle Secretary General of Riyadh-based International Energy Forum (IEF).
*Solar Tech Giant Enphase Energy, Inc. Doubles Profits Again in Q3!

 

Standard & Poor’s 500 Index (12/31/2021 – 11/04/2022)

– Courtesy of Bloomberg LP

Meta Platforms, Inc., Amazon.com, Inc., Apple, Inc., Netflix, Inc., & Alphabet, Inc. (12/31/2021 – 11/04/2022)

– Courtesy of Bloomberg LP

Merck & Co Inc., Bristol-Myers Squibb Co, AbbVie Inc., and Unum Group (12/31/2021 – 11/04/2022)

– Courtesy of Bloomberg LP

Global X MLP ETF (12/31/2021 – 11/04/2022)

– Courtesy of Bloomberg LP

Quarterly U.S. Economic Forecasts With Probability of Recession (Q4 2021 – Q1 2024)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Quarterly Earnings Estimates (08/16/2022 – 11/15/2022) 

– Courtesy of Bloomberg LP

Yearly U.S. Economic Forecasts With Probability of Recession (2015 – 2024)

– Courtesy of Bloomberg LP

 

Profit Report

Mid-term election impact? Top Ten Things to Know for Investors.

 

Research Round Up!

Investors are invited to improve decision making with a comprehensive tour of global economics, indicators, and actual results.
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*Tech Wreck: AllianceBernstein’s Tech Insights.
*Cohen and Steers: “Shallow Recession”.
*AllianceBernstein: Three Reasons It’s Time to Add High-Yield Bonds.
*Top Ten Things to Know About the Midterm Elections? Ten things to know about the midterm elections - Trending Conversations

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