Published on: June 10, 2022

NetWorth Radio Advance Report - June 13, 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 June 13, 2022.

Advance Report

Radio Show

Why do the last two weeks appear to be a tight Trading Range for equity markets?
What factors are contributing to the surge in gasoline prices?
How will the surge in gasoline prices potentially impact the economy?
Will there be a Soft Landing for the economy?
What areas in the financial markets are performing well so far this year?
How can NetWorth Radio help investors possibly prevent big mistakes?
How does a great plan help set the stage for effective decision making?

 

Headline Round Up

*Uptown Dallas Premium Gasoline $6.30?!
*Inflation Tops 10% on Key Household Categories.
*European Central Bank (ECB) Declares End of Negative Interest Rates.
*Goldman Sachs Says U.S. Economy on Narrow Path to “Soft Landing.”
*Global Growth Prediction Slows to 2.9%.
*Tech Sector’s Decade of Market Dominance Ends.
*$400 Million Paydays: CEOs of Money Losing Electric Vehicle Makers Lucid and Rivian.
*U.S. and European IPO Activity Down 90%. 80% of Tech IPOs Down Since March 2020.
*IRS Demands Reporting of Digital Profits Over $600.
*Citadel’s Flagship Up 13% for the Year.
*Here’s the Beef! South Dakota Rancher Building Largest U.S. Beef Plant.
*SEC Chairman Gary Gensler Wants Equity Trading Centralized by Mandate? Alex, what could possibly go wrong?
*Swan.com: Stop Fooling Yourself About Crypto!
*Gasoline Surges Again! How much does the ethanol mandate add at the pump?
*Oil Prices “Nowhere Near” Peak?
*Texas Power Use Ready to Hit Record Levels.
Annual U.S. Economic Forecast with Probability of Recession  (2015 – 2024)

– Courtesy of Bloomberg LP

Quarterly U.S. Economic Forecasts with Probability of Recession  (Q2 2021 – Q3 2023)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Quarterly Earnings Estimates (06/11/2019 – 06/10/2022)

– Courtesy of Bloomberg LP

Invesco QQQ Trust Series 1 (12/31/2021 – 06/10/2022)

– Courtesy of Bloomberg LP

Dow Jones Industrial Average (12/31/2021 – 06/10/2022)

– Courtesy of Bloomberg LP

Energy Select Sector SPDR Fund (12/31/2021 – 06/10/2022)

– Courtesy of Bloomberg LP

 

Profit Report

Great client questions and potential strategy insights.
Donor Advised Funds: How do they work?
Will the world bear the $130 Trillion cost for net zero emissions?

 

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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*Cohen and Steers: Investing in Infrastructure!
*AllianceBernstein: Want to De-Risk? Look to High Yield.
*AllianceBernstein: Inflation: Higher but Not Forever.

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