What do we know about the unfolding cryptocurrency crisis and tragedy of crypto-exchange FTX?
What are some of the important lessons for investors?
Why did many financial advisors include cryptocurrency in client allocations?
How does in-depth knowledge of investments improve investors decision making?
How do investors value their investments based upon cash flows?
Why is the investment review process vital for improving portfolio decision making and reliability?
What are some of the considerations that go into a McGowanGroup Wealth Management Investment Plan Outline?
Why is Performance Tracking important for evolving investor’s decision processes?
Headline Round Up
*Cryptocurrency Lender Genesis Global Capital Suspends Withdrawals Over FTX Fallout.
*Crypto-exchange FTX’s Bankruptcy Receiver, Former Enron Liquidator John Ray, III, Issues Scathing Report.
*FTX Hacker Converted Stolen Funds Stolen From Crypto-Wallets to Token Ether.
*Permian Basin Natural Gas Flaring Resumes Due to Pipeline and Storage Shortages.
*Freeport Liquified Natural Gas (LNG) Export Facility Coming Back Online By January 2023.
*Morgan Stanley Says Not a 2023 Recession for U.S. Despite Projecting European Recession.
*Bank of America: Stocks Setting Up a Bull Run for 2023.
*Goldman Sachs Projects Inflation to Drop Under 3%.
*Producer Price Index Inflation in October Only .2%!
*Meta Says as Many as 1 Million Facebook Accounts Hacked By Malware Disguised as Apps!
*Italian Utility Enel Building New U.S. Solar Panel Factory.
*Job Market Inflation May Ease as Disney, FedEx, Amazon, and Others Trim Staff.
*What were Berkshire Hathaway’s Q3 Portfolio Moves?
*Rail Shipments Down from 2021 Providing Evidence Supply Chain Issue Solutions Are Easing Inflationary Pressure.
*Target Reports $400 Million Write Off Due to “Organized Retail Crime”.
Yearly U.S. Economic Forecasts With Probability of Recession (2015 – 2024)
– Courtesy of Bloomberg LP
U.S. Producer Price Index, Seasonally Adjusted – Month Over Month (10/31/2020 – 10/31/2022)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index (12/31/2021 – 11/18/2022)
– Courtesy of Bloomberg LP
U.S. Consumer Price Index, Urban Consumers Year Over Year – Non Seasonally Adjusted & Dow Jones Industrial Average (01/31/2021 – 10/31/2022)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index and U.S. Consumer Price Index, Urban Consumers Year Over Year, Non Seasonally Adjusted (10/13/1973 – 10/13/1976)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index and U.S. Consumer Price Index, Urban Consumers Year Over Year, Non Seasonally Adjusted (01/03/1978 – 12/31/1982)
– Courtesy of Bloomberg LP
Profit Report
Deceased Spousal Unused Exemption Updates.
