Published on: September 25, 2020

NetWorth Radio Advance Report - September 28, 2020

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 September 28, 2020.

Advance Report

Radio Show

Any hope of a new, and much needed, comprehensive Infrastructure plan to be drafted for discussion with the newly elected, re-elected Congress and President vanished over the weekend turning Washington into a cat fight with hundreds of angry felines. Any attempt to restore order would likely result in scratches, bites, and a rabies shot.
Dow Jones Industrial Average (Year to Date)  

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index Quarterly Earning Estimates (09/25/2017 – 09/24/2020) 

– Courtesy of Bloomberg LP

Exchange Trade Fund Flows (09/25/2020)

– Courtesy of Bloomberg LP

Yearly U.S. Economic Actual & Estimated Forecasts w/ Probability of Recession (2013 – 2022)

– Courtesy of Bloomberg LP

Quarterly U.S. Economic Actual & Estimated Forecasts w/ Probability of Recession (4th Qtr. 2019 – 1st Qtr. 2022)

– Courtesy of Bloomberg LP

NYSE FANG+ Index (Year to Date)

– Courtesy of Bloomberg LP

Health Care Select Sector SPDR Fund (Year to Date)

– Courtesy of Bloomberg LP

Health Care Select Sector SPDR Fund (Approx. 10 Years)

– Courtesy of Bloomberg LP

Nicola Corp. (Approx. 1 Year)

– Courtesy of Bloomberg LP


Headline Round Up!

*14 Year HIGH in New Home Sales!
*Existing Home Sales Spike to Decade HIGH!
*Shrinking Supply of Homes?
*New U.S. Household Net Worth Record Powered by Residential Real Estate Values.
*KB Home’s Revenue and Profits Boom.
*GDP and Earnings Updated Forecasts.
*Fed Lending Programs Winding Down as Recovery Takes Hold.
*UK and Europe in a Second COVID-19 Wave?
*Johnson and Johnson Vaccine Late Stage Testing!
*Liquefied Natural Gas (LNG) Tankers to Double by 2030!
*Natural Gas Demand 5% Below Year Ago Powered by LNG Exports.
*California Bans Sales Of New Gasoline Cars By 2035?
*Nikola Gobsmacked! Tesla’s Battery Breakthrough!
*Goldman Sachs’s $49 Oil Year End Projection, $65 Projection Mid 2021 and Bank of America’s $60 Mid 2021 Projection.
*Fracking Will Not Be Banned.


Profit Report!

*This Week’s Money Flow and Sector Performance Updates.
*Top Client Questions of the Week:
  1. September Market Correction?     
  2. Washington Cat Fight?   
  3. Election Results, Lack Thereof and Riots?    
  4. Implications for Investors?
  5. What Happens if Biden Elected?
  6.  What Happens if Trump Elected?
  7.  Is My Income Intact?
  8. What to Do For The Next 2 Months?
  9.  Should I Buy Gold for Chaos and Inflation?
  10. Best Question: “Where are we likely to be in mid- 2021?
*Best CPA’s and Estate Planning Attorneys 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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*BlackRock – Greater Inflation Risks Ahead.
*Doubleline: U.S. Infrastructure 2021 AFTER Elections.

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