Published on: August 28, 2020

NetWorth Radio Advance Report - August 31, 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 August 31, 2020.

Advance Report

Radio Show

Economic Growth?
Our broadcasts during Q2 contained the phrase “The Fastest Recovery in History.”
Q3 announcements have been “Better Than Expected” for Corporate Earnings, Economic Recovery, and Financial Markets.
Advanced Applied Technology Upgrades.
Advanced Tax Planning for Q4 2020.
U.S. Durable Goods New Orders Industries Month Over Month (Approx. 1 Year) 

– Courtesy of Bloomberg LP

Exchange Trade Fund Flows (08/28/2020)

– Courtesy of Bloomberg LP

Quarterly U.S. Economic Actual & Estimated Forecasts w/ Probability of Recession (Q3 2019 – Q4 2021)

– Courtesy of Bloomberg LP

Quarterly Standard & Poor’s 500 Index Earnings Estimates (3 Years)

– Courtesy of Bloomberg LP

U.S. New One Family Houses Sold Annual Total Seasonally Adjust Annual Rate Index (Approx. 6 Years)

– Courtesy of Bloomberg LP

Delinquencies As a % of Total Loans SA Index (Approx. 21 Years)

– Courtesy of Bloomberg LP

Headline Round Up!

*Q3 Economic Growth Predictions Top 25%?
*Durable Goods Orders Up 11.2%. “Misunderestimated!” Economists Wrongly Pessimistic, More Than Double “Estimates.”
*New Home Sales Up 36% OVER July 2019???
*Home Price Index: 3.4% UP? How about North Texas?
*Mortgage Delinquencies More than DOUBLE? Beware 2021 and cash in now?
*Heeeeyyyy Abbott! FDA Clears 15 Minute, $5 Covid 19 Test! Shares Spike 7%!
*FDA on Hotseat Getting Trumped! Plasma Treatment Cleared. If your boss tweets about you, you might want to pay attention.
*Medical Breakthroughs Medical Breakout! 
*Dow Shake Up Monday! Salesforce.com, Inc. (CRM) spikes 20% on news.

Texas Energy Gold Rush

*U.S. Natural Gas Power Generation Hits Record?
*Where Does Electric Vehicle Energy Come From? Let’s ask Californians.

 

Profit Report!

*Money Markets Are Zero! What is the Resulting Money Flow Ahead?
*Client Planning Story and “Cap Rate” Lessons. An investor who owned 3 houses in 2009 and lived to tell the tale.
*The Real Story on Gold.

 

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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*RiverFront Investment Group’s Rod Smyth: The REAL Story on Gold, Inflation, and, Equity with Dividends.

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