A: Another sell off in the financial markets ahead of the Federal Reserve raising Interest Rates combined with business preparing for slowing growth.
Q: If I cannot rely on a rally in the equity markets, what should I be doing?
A: Increase forward cash flow in assets that are undervalued.
Q: How are successful investors different from those that make big mistakes?
A: One major difference, The McGowanGroup sees, is an investor’s steadfast commitment to own great assets when attractively priced.
Q: Where could investors find some of the most attractive cash flowing investments right now?
A: Potentially Treasury Bills or Better.
Dow Jones Industrial Average (12/30/2022 – 02/24/2023)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index (12/30/2022 – 02/24/2023)
– Courtesy of Bloomberg LP
U.S. Personal Consumption Expenditure Core Price Index – Month Over Month, Seasonally Adjusted (01/31/2021 – 01/31/2023)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Quarterly Earnings Analysis By Sector (11/16/2022 – 02/15/2023)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Quarterly Earnings Estimates (02/24/2021 – 02/24/2023)
– Courtesy of Bloomberg LP
Quarterly U.S. Economic Forecasts With Probability of Recession (Q1 2022 – Q2 2024)
– Courtesy of Bloomberg LP
Evolution of Atlanta Fed GDPNow Real GDP Estimate for 2023 (02/16/2023)
– Courtesy of The Atlanta Federal Reserve
Headline Round Up
*Oil and Gas Companies Continue to Book Record Cash Flow and Profit, Again!
*Morgan Stanley Starts of the Week Declaring a “Death Zone?”
*Leuthold’s Chief Investment Strategist, Jim Paulsen, Says S&P 500 Will Hit 5000 in the Coming Year & This is the Start of a New Bull Market! Who will win the Sir John Templeton Award and who will win the Bozo Award?
*Nurse’s Side Hustle Banks $2 Million Net Profit Last Year!
*Vanguard “Not in the Game of Politics” and Refuses to Rule Out New Fossil Fuel Investments.
*Existing Home Sales Lowest Since October 2010.
*AI Writes A Great Article on Business Valuation!
*Global Oil Demand Record Hit in December 2022.
*Morgan Stanley Forecasts for Global Oil Demand Raised By 36% or an Increase to 1.9 Million Barrels Per Day by 2024.
*Natural Gas U.S. Glut Due to Weak Winter Heating Demand & Freak Industrial Outage.
*Kitchin Cycle Predicts Higher Oil and Gas Prices Potentially by Year End.
*Home Depot No Growth in Sales for First Time in 2023.
*Walmart Lowers Guidance After Good Results in Q4 2022. Weaker than expected outlook for 2023.
*Global High Yield Bond Spreads Highest Since 2009?
*Business Activity Stronger Than Expected in the U.S., Eurozone & U.K.!
*Germany Extends Nuclear Plants Poised to Close in 2022 Until April 2023.
Profit Report
Globally, How Far Have We Really Gotten With Alternative Energy?
