Published on: January 26, 2024

NetWorth Radio Advance Report - January 29, 2024

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 January 29, 2024.

Advance Report

Radio Show

Q: Net Zero Carbon Emissions?
Q: Bitcoin Exchange Traded Funds (ETFs) = $1.5 Million Per Coin?
Q: Cannabis Stocks?
Q: Does Real Estate Always Goes Up?
Q: Are Investors Better Off Now Than 2019?
Q: Is There an “Artificial Intelligence (AI) Supercycle?”
Q: What Type of Performance Have McGowanGroup Clients Seen Over the Last 22 Years?

 

Headline Round Up

*U.S. Economic Boom Continues with 3.3% Growth Rate for Q4 and 3.1% for 2023!
*Netflix Spikes 15% After Adding 13 Million Subscribers in Fourth Quarter. Inked 10 Year Deal with WWE for Wrestling Shows like RAW for $5 Billion!
*Tesla Reduces Growth Forecast for 2024.
*Tech’s Magnificent 7 Back on Top so Far in 2024.
*Insurance Costs/Rates Along with Company Profits Soaring.
*Shiny Happy People: Consumer Sentiment Surged to Largest Two Month Gain Since 1991.
*Boston’s Pricey Zip code, 02115, Hits $2,663 Per Square Foot. $8 Million for 3000 Square Feet?
*Bearish Options on Archer-Daniels-Midland Co. (ADM) Made 1,000% in Two Weeks?
*China’s Government Bailing Out Its Own Stock Market? Existing Chinese Home Prices Fall Over 10% in December From The Previous Year.
*Toyota Chairman Doubts Electric Vehicle (EVs) will Reach 30% of Global Market Share.
*WeWork Bankrupt & Owes Approximately $23 Billion a Year in Rent for Long Term Leases. Seeks to reject or amend leases.
*Nuclear Power Generation on Track to Hit All Time High in 2025.
*Uranium Production Shortfall as World’s Largest Miner is Looking at Production Issues Over the Next Two Years.
*Ken Griffin’s Amazing Year: Citadel Made $8.1 Billion in 2023.
*Occidental’s CEO, Vicki Hollub, Sees Oil Supply Crunch in 2025 as Exploration for Longer-Producing Crude Reserves is Set to Lag Demand Growth.
*AllianceBernstein Forecasts March Rate Cut Says Get Out Ahead of Massive Potential Money Market Outflow Rush to Buy.
Mergers and Acquisitions
*Sunoco LP Buys NuStar Energy LP for $7.3 Billion in All Stock Deal.

 

Super Micro Computer, Inc., Microsoft Corp., International Business Machines Corp., & Dell Technologies, Inc. (12/29/2023 – 01/26/2024)

– Courtesy of Bloomberg LP

Standard & Poor’s CoreLogic Case-Shiller Dallas Home Price Non-Seasonally Adjusted Index (01/27/2019 – 10/31/2023)

– Courtesy of Bloomberg LP

Standard & Poor’s CoreLogic Case-Shiller U.S. National Home Price Non-Seasonally Adjusted Index (01/27/2019 – 10/31/2023)

– Courtesy of Bloomberg LP

University of Michigan Consumer Sentiment Index (01/27/2019 – 01/31/2024)

– Courtesy of Bloomberg LP

U.S. Real Average Hourly Earnings 1982 – 1984 U.S. Dollars, Seasonally Adjusted & U.S. Average Hourly Earnings All Employees Total Private, Sesasonally Adjusted (01/27/2019 – 12/31/2023)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index (01/27/2019 – 01/26/2024)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Quarterly Earnings Analysis By Sector (11/16/2023 – 02/15/2024)

– Courtesy of Bloomberg LP

 

Profit Report

Wall Street Journal: AI Explained Plus AI Movie and Music Selection.

 

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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*AllianceBernstein: Global Economic Outlook 2024
*BlackRock 2024 Outlook
*Recurrent Midstream White Paper: Record Cash Flow Surpluses

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