Journal to portfolio afterlife

[portfolioafterlife]

The Witch of October Is Here: Remember Short-Term Pain = Long-Term Progress

The month of October strikes fear in the hearts of many Wall Street veterans — and for good reason.

blogs.cfainstitute.org

 

[portfolioafterlife]

As far as stocks are concerned, their trajectory likely depends on whether or not a recession occurs, Emanuel says. He advises that investors turn to value stocks with high free-cash yields and a solid record of payouts to shareholders via dividends and stock buybacks. A few companies that fit the bill are highlighted in the article: Bank of America, home-building company Lennar, Comcast, Meta, and Valero Energy. In addition, old-fashioned stocks in the industrials, materials, energy and banking sectors would be a good bet during this volatile stretch. As valuations for these companies go low, management tends to underinvest. “You’ll see old-economy businesses rerate upward, and new-economy businesses rerate downward,” Graeme Forster of Orbis told Barron’s, and pointed to Shell as one of his current favorite stocks as well as Glencore, a metals producer that is profiting mightily from the shift toward green energy and EVs.

As Stocks Sink & Rates Rise, We’re Painfully Heading For Normal – Validea's Guru Investor Blog

Though stocks and bonds continue to drop and the housing market has weakened, financial markets are moving toward normal, posits an article in Barron’s. Ordinary assets are on their way to levels that would suggest decent long-term returns, provided they don’t hit too many barriers along the...

blog.validea.com

 

[portfolioafterlife]

the rise in money losing companies is largely driven by two industries, Software and Biotechnology

Looking at the Rise of Money Losing Companies – Validea's Guru Investor Blog

By Jack Forehand, CFA, CFP® (@practicalquant) — Two weeks ago, I wrote an article where I looked at the valuation of the median stock and how it has changed over time. When I performed a simple median calculation and ordered all stocks in our universe by their PE ratios, the end result showed...

blog.validea.com

 

[portfolioafterlife]

A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next.

Low-income countries, like Ghana and Pakistan, were already struggling during the pandemic. The dollar’s strength is adding to their woes.

https://www.nytimes.com/2022/10/05/business/strong-dollar-emerging-market-debt-crisis.html

 

[portfolioafterlife]

Global foreign-currency reserves are falling at the fastest pace on record, as central banks from India to the Czech Republic intervene to support their currencies.
Reserves have declined by about $1 trillion, or 7.8%, this year to $12 trillion, the biggest drop since Bloomberg started to compile the data in 2003.

World Currency Reserves Shrink by $1 Trillion in Record Drawdown

www.bloomberg.com

 

[captain sparrow]

non so se sia vero. è sul canale telegram di patric lancaster

 

[portfolioafterlife]

The 10 Things I Got Right in Financial Planning
by Allan Roth, 9/19/22

https://www.advisorperspectives.com/articles/2022/09/19/the-10-things-i-got-right-in-financial-planning

 

[portfolioafterlife]

The Kerch bridge from Russia to Crimea, a hated symbol of the Kremlin’s occupation of the southern Ukrainian peninsular, has been hit by a massive explosion on the span that carries railway traffic.

Key bridge linking Crimea to Russia hit by huge explosion

Section of Kerch bridge collapses after blast, seen as major blow to Russian military prestige

www.theguardian.com

 

[portfolioafterlife]

Un tweet di Mykhailo Podolyak, consigliere del presidente ucraino Volodymyr Zelensky, sembrerebbe suggerire responsabilità da parte di Kiev: "Crimea, il ponte, l'inizio. Tutto ciò che è illegale deve essere distrutto, tutto ciò che è stato rubato deve essere restituito all'Ucraina, tutto ciò che appartiene all'occupazione russa deve essere espulso".

Ucraina: Nyt. i servizi di Kiev dietro l'attacco al ponte di Kerch - Europa - Ansa.it

Danneggiata la struttura, lunga 19 chilometri, nello stretto di Kerch. Almeno tre morti, crollate tre campate. Kiev: 'Distruggere tutto ciò che è illegale, camion bomba dei servizi segreti'. Mosca: 'Terroristi' (ANSA)

www.ansa.it

 

[portfolioafterlife]

"Lo shock energetico abbatte le prospettive di crescita", avverte il Centro studi di Confindustria che vede il Pil 2022 in crescita del 3,4% ma un 2023 a crescita zero: "L'Italia cade in stagnazione" e con "un'inflazione record".

"I costi energetici delle imprese italiane sono stimati aumentare di 110 miliardi di euro nella media del 2022, per il totale economia, rispetto ai valori pre-pandemia", stima il Centro studi di Confindustria. "L'incidenza dei costi energetici sul totale sale da 4,6% a 9,8%, livelli insostenibili, ai quali corrisponde, nonostante un rialzo dei prezzi di vendita eterogeneo per settori, una profonda riduzione dei margini delle imprese", avvertono gli economisti di via dell'Astronomia.

Le stime di Confindustria: 2023 a crescita zero. Gli industriali al nuovo governo: "E' emergenza nazionale" - Economia - Ansa.it

Pil +3,4% nel 2022. Poi una stagnazione con un'inflazione record. La stima è di un 2023 a crescita zero. Shock dall'energia (ANSA)

www.ansa.it