Value investing vs growth investing

A new poll shows Americans are overwhelmingly against Environment, Social, and Governance (ESG) policies in corporations. American investors want corporations to prioritize profits over political and social agendas, the latest Echelon Insights poll produced for the Daily Wire reported . Investment companies use ESG scores to judge a company’s support for climate change, gender and sexual identity, treatment of workers, and a board of directors independent of its CEO. New poll between us at @EchelonInsights w/ @realDailyWire . Only 21% of investors (1,008) believe that ESG investing (environmental, social, and corporate governance) is a politically neutral endeavor. Guess which side its considered to service? @benshapiro @VivekGRamaswamy https://t.co/GMNU1zPeeB — Stephen Kent (@Stephen_Kent89) May 26, 2022 The poll found that 46% of American investors felt that companies should not take public political positions on current national topics. Fifty-six percent of … [Read more...] about POLL: Americans Overwhelmingly Reject Woke Investing Craze Sweeping Through Corporations

Share to Twitter Share to Linkedin Inflation is becoming a problem. Whether it becomes a long-term structural one or dissipates after the pandemic, no one knows. As the old saw goes, economic forecasts make tarot cards appear respectable. Jack Dorsey recently predicted hyperinflation , an exponential decrease in the value of paper money akin to what happened in the Weimar Republic in the 1920s—or Zimbabwe in 2007 . For that to occur, monetary policy would have to ignore the problem, failing to raise rates as the data required. A Fed that lacks political independence could make this mistake, but it’s a low-probability outcome. Even double-digit inflation—in a throwback to the seventies—is unlikely, but possible. After all, economic conditions, like bellbottoms, go in and out of fashion. The most likely scenario is some prolonged elevation to inflation (in the mid-single digits) as labor shortages and supply-chain problems continue to pressure prices. No … [Read more...] about The Best Inflation Hedge You Already Own

Share to Twitter Share to Linkedin 2022 has been a brutal year for investors. Presently, the S&P 500 is down over 16% Year-To-Date (YTD), the Dow is down 12% YTD, the NASDAQ is down an astounding 25% and the Russell 2000 small capitalization index is down 19%. The devastation has been widespread, with a high number of stocks down over 50%. Due to this, the Nasdaq Composite, S&P 500 Growth (SPYG) and Russell 2000 (All and Growth) segments of the market have confirmed their bear market status. The O’Neil methodology tends to use -25% from highs as the threshold for a bear market. Taking the commonly used -20% from highs, the S&P 500 and Russell 2000 Value have also reached the threshold. Only S&P 500 Value and Dow Industrials have not. In our January 28, 2022 Forbes article, we noted that after two consecutive failed Follow-Through Days (FTDs)*, triggered by an undercut of prior established lows, historically (using the S&P 500 since … [Read more...] about Bear Markets & Market Bottoms

New York (CNN Business) China's economy has slumped as Covid cases surged in the world's most populous country. But Chinese consumers stuck at home are still spending. E-commerce giant Alibaba reported better-than-expected earnings and sales for its most recent quarter Thursday. Shares of Alibaba ( BABA ) were up nearly 15% in late morning trading after the company reported that revenue rose 9% from a year ago, topping analysts' forecasts. Alibaba said the strength was due to solid online and mobile shopping demand as well as a 12% jump in sales from its massive Alibaba Cloud unit. Alibaba said that it now has more than 1 billion active customers in China, the first time the company has surpassed that milestone. Alibaba has more than 1.3 billion customers worldwide. Alibaba charman and CEO Daniel Zhang said in a press release that Alibaba was able to post solid results "despite macro challenges that impacted supply chains and consumer … [Read more...] about Chinese consumers are stuck at home but still spending a ton, Alibaba says

Share to Twitter Share to Linkedin What will deliver higher returns over the next 12 months, I bonds or bitcoin? A year ago such a question would have been silly. Today, not so much. Bitcoin BTC has struggled in 2022, down more than 10%. In contrast, I bonds are set to deliver an estimated 9.62% annualized return starting next month. Here’s what you need to know. I Bond Basics First introduced in 1998, I bonds are issued by the U.S. government. Investors purchase I bonds directly from the government via the TreasuryDirect.gov website . Unlike most other U.S. bonds, however, I bonds are designed to protect savers from the ravages of inflation. They accomplish this by adjusting the interest rate twice a year (May and November) based on changes in the CPI. Two factors determine the interest rate on an I bond: A Fixed Rate and an Inflation Rate. Combining these two rates gives us what is known as the Composite Rate. Today the Fixed Rate is … [Read more...] about I Bonds Set To Deliver Historic 9.62% Interest Rate

Major Moves Trading was aimless during today's session as economic and earnings data came in below expectations. While there was plenty of bad news, some of the media's hand-wringing was a great example of post-hoc rationalization. This was particularly true in the energy sector. Each Wednesday, the Energy Information Administration (EIA) releases a report of oil inventories held by commercial firms in the U.S. Like most weekly reports, the data can be very "noisy," with wide swings from week to week. In a bullish oil market, we would like to see inventories fall because purchases and shipping are picking up. The weekly oil inventory report swung back hard today to show an increase of 7.1 million barrels versus a decrease of 8.6 million barrels last week. When the two data points are added together, we see a small net decrease over the past two weeks that is more likely to be an accurate reflection of the market. Most traders expected today's news after inventories were … [Read more...] about Resistance Firms Ahead of Labor Report

Hindalco Industries Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hindalco Industries Limited (Hindalco), on May 26, reported a 100 percent rise in its consolidated net profit of Rs 3,851 crore for the fourth quarter ended March 2022 as against Rs 1,928 crore recorded a year ago. On a sequential basis, the profit increased 4.8 percent from Rs 3,675 crore earned during the October–December period. Consolidated revenue for one of the largest metals company in India rose 37.7 percent on-year to Rs 55,764 crore as compared to a revenue of Rs 40,507 crore registered in the year-ago quarter. On a sequential basis, the revenue rose 11 percent from the net revenue of Rs 50,272 crore recorded in the previous quarter. For the full-year period from April to March 2022, the consolidated net profit grew more than three-fold or 294.2 … [Read more...] about Hindalco Q4 Results | Consolidated profit doubles to Rs 3,851 crore, revenue rises 38% on soaring commodity prices

Key Takeaways Analysts estimate adjusted earnings per share (EPS) of -$0.01 vs. -$0.09 in the second quarter of fiscal year (Q2 FY) 2021. The number of average daily active users is expected to rise year over year (YOY). Revenue is expected to rise at the fastest pace in at least 14 quarters, continuing its strong momentum amid last year’s boom in online traffic during the COVID-19 pandemic. Snap Inc. ( SNAP ), parent company of the Snapchat app, has been feeding off of momentum set off by the increase in online traffic last year, as people sheltered at home amid the COVID-19 pandemic. While digital ad spending initially took a hit in the early stages of the pandemic, it bounced back in the latter half of 2020. Rising ad spending, Snap’s primary revenue source , helped it to finally post a small profit in recent quarters after years of losses. Investors will focus on whether Snap has been able to build on that performance when the company reports earnings after … [Read more...] about Snap Q2 FY 2021 Earnings Report Preview: What to Look For

- A + A (May 26): Alibaba Group Holding Ltd’s quarterly revenue rose a better-than-expected 9%, reassuring investors trying to come to grips with the economic cost of sweeping lockdowns intended to eradicate Covid-19. But China’s e-commerce leader also refrained from offering its usual outlook for the year, underscoring the unpredictable impact of a Covid Zero policy that’s already cast the country’s supply chains into disarray and hammered consumer sentiment. Alibaba — a barometer for Chinese consumer sentiment because of its dominance of Asia’s largest retail arena — is grappling with intensifying competition and mounting economic uncertainty at home. This week, Chinese Premier Li Keqiang warned of dire consequences if officials didn’t move decisively to safeguard the economy. Alibaba will play its part in helping shore up the economy, Chief Executive Officer Daniel Zhang told analysts on a post-earnings conference call. The company’s own revenues had slid by a … [Read more...] about Alibaba’s sales beat estimates, eases fears of Covid’s economic fallout

Major Moves The U.S. stock market has had a rough two weeks. Beginning on May 22, bearish pressure started to mount as crude oil prices started falling and stocks in the energy sector began to lose ground. By the next day (May 23), the bearishness had spread throughout the market, and the major indexes started pulling back. While many of the sectors in the S&P 500 have been moving in lock step with each other during these turbulent weeks, a few have stood out for either their out-performance or their under-performance. You can see how this has played out in the hourly sector-comparison chart below, which uses the following sector-based ETFs managed by State Street Global Advisors: Technology Select Sector SPDR Fund ( XLK ) Real Estate Select Sector SPDR Fund ( XLRE ) Consumer Staples Select Sector SPDR Fund ( XLP ) Consumer Discretionary Select Sector SPDR Fund ( XLY ) Health Care Select Sector SPDR Fund ( XLV ) Materials Select Sector SPDR Fund ( … [Read more...] about Can the FOMC Combat the Impact of Tariffs?