WEEK 7 – Links to News concerning Markets, Economy, Industry and Commodities

Just when media and pretty much everybody else have last week been rabbiting about Trump being crazy – stocks reach new highs as steady advance continues. Barely a minute passes without a new article popping up on CNN about the latest scandals and undertakings of Trump. Media continues to be obsessed about Trump. It looks chronical.

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Quote of the week: ‘It’s not easy to break into or be successful… Success stories all revolve around extreme passion’ -Suzie Wokabi

Just when media and pretty much everybody else have last week been rabbiting about Trump being crazy – stocks reach new highs as steady advance continues. Barely a minute passes without a new article popping up on CNN about the latest scandals and undertakings of Trump. Media continues to be obsessed about Trump. It looks chronical.

With a false confidence that impressed even me, European Central bank (ECB) President Mario Draghi warned that Donald Trump’s current review of rules that could lead to deregulating the banking industry might sow the seeds of the next global financial crisis. Major European stock indexes ended the week higher, with earnings results from key companies helping to fuel gains.

Just when I thought things were starting to get interesting, The Wall Street Journal reported on Monday that the large-cap Standard & Poor’s 500 Index had gone 34 trading days without a daily swing of over 1%, the longest run of its kind in over two decades.

Here’s my picks for the week…Enjoy!

* The Most Powerful Brands In 2017

>Brand Finance’s most powerful brands ranking is calculated based on three criteria. The first is “equity”—through surveys, consumers answer questions like which brands they prefer and intend to purchase. The second dimension, “brand input,” measures how much money brands spend on marketing. The last piece, “output,” looks at a company’s profit margins and prices.

 

* Zuckerberg: My Facebook manifesto to re-boot globalisation – BBC News

>”People had been left behind by global growth, sparking demands to “withdraw” from the “connected world”.

In a call to action, Zuckerberg said people must not “sit around and be upset”, but act to build “social infrastructures”.

“When I started Facebook, the mission of connecting the world was not controversial,” he told.

 

* Samsung heir Lee Jae-yong arrested in South Korea

> Samsung’s heir Lee Jae-yong has been placed under arrest in South Korea, and is accused of bribery and other charges.

 

*  Jared Kushner Complained about CNN to Time Warner

> Kushner complained about CNN’s coverage of the US Administration during a meeting with a senior executive from the news network’s parent company.  The Journal reports that Kushner also brought up what he alleges to be CNN’s anti-Trump angle in its coverage with others in the Time Warner leadership, including Jeff Zucker, CNN Worldwide’s president.

 

* Asia shares ease after run of gains; oil lifted by OPEC cut extension hopes

> Optimism over possible renewed supply cuts by OPEC lifted oil prices …

 

* ‘I’m not ranting and raving.’ Trump on defensive in first solo news conference

> “The press is out of control,” he said. “The level of dishonesty is out of control”.

 

* Theranos, with no material revenue for 2 years, said to be down to its last $200 million

> Any large, unplanned expense could cripple the diagnostic firm, which once sought to profit from the medical lab business by offering cheap tests done on small samples of blood.

 

* For Winning Bets in Europe, Look to China

> Shares of European companies with the closest links to the Chinese economy have significantly outperformed their peers…

 

Link to all articles in one place

WEEK 6 – Links to News concerning Markets, Economy, Industry and Commodities

Markets fretting and tetchy as Trump gets busier, and more annoyed. Trump’s dealings (again) grabbing the headlines. High market volatility like we experienced last week. Can the market and the media be so obsessed about one single person? Looks like it can, and they haven’t had enough yet !

Markets fretting and tetchy as Trump gets busier, and more annoyed. Trump’s dealings (again) grabbing the headlines. High market volatility like we experienced last week. Can the market and the media be so obsessed about one single person? Looks like it can, and they haven’t had enough yet!

 

#Trump on Immigration Power: I Can Do Whatever I Want > President Donald Trump defended his power to put limits on who can enter the U.S., saying it shouldn’t be challenged. What Donald  said to the chiefs regarding Trump’s Refugee Ban “You can suspend, you can put restrictions, you can do whatever you want,” pretty much sums it up!

The sentiment reflects the uncertainty gripping markets amid Trump’s ascent, with traders of everything from currencies to metals and stocks trying to decipher the effects of measures by the leader of the world’s biggest economy. Dollar hits 12-week low on Trump.

However:  #Court upholds suspension of Trump’s travel ban

 

#Companies cut ties with the Trump family > Nordstrom “Each year we cut about 10% [of brands carried] and refresh our assortment with about the same amount”

Macy’s: “We made our decision about a year and a half ago and stand by our decision”

Neiman Marcus: did not immediately respond to multiple requests for comment on why Trump’s products were no longer available

Home Shopping Network: “While we don’t take a political position at HSN, we recognize that our employees, our partners and our customers will have wide-ranging views on politics and public policy”

Shoes.com: “We understand and your voices have been heard,” the company said in a tweet, which was later deleted. “We have removed the products from our website”

Belk: “We continually review our assortment and the performance of the brands we carry. And we make adjustments as part of our normal course of business operations” …

#Brexit: > A survey by the pro-European Open Britain has found that 51 percent of people would like May to return to the negotiating table if Parliament votes against the final deal.

We are also seeing a major trend in Fintech startups increasingly eyeing Portugal – having before flocked to London.

# Apple ‘optimistic’ about post-Brexit UK > Technology giant Apple said it is “very optimistic” about the UK’s future post-Brexit.

#German trade surplus record high > According to the figures, German exports did climb 1.2% to 1.2 trillion euros in 2016, while it witnessed imports rising 0.6% to 954.6bn euros.

#Many Countries Struggling to Support Their Retirees > As seniors increasingly are outnumbering people still in the workforce, pressures have risen on investment pools, medical systems and funds to build economies for future generations.

#EIA is now predicting less oil demand > U.S. Energy Information Administration (EIA) is predicting less oil demand for this year – cutting its global demand forecast by 10,000 barrels / day to 1.62 million barrels per day.

What does this mean for the oil price?

#Changing demographic trend: Asians expats are growing in demand > Asian companies are nowadays more likely to send staff overseas than Western companies. That’s a big change to the past.  Before expats were typically Western middle-aged married males. Today, expats are just as likely, if not more so, to be Asian. It’s a trend that’s linked to the global expansion of Asian companies, which picked up momentum after the 2008 financial crisis.

*Toilet valley > Thousands of people dependent on a single tap. ANC’s troubles in Port Elizabeth, South-Africa are getting out of hand.

WEEK 5 – Links to News concerning Markets, Economy, Industry and Commodities

Top Trader Vitol Sees Oil Rattled as Trump Makes Market Fret * These Countries Are Struggling the Most to Support Their Retirees * Five things you need to know to start your day * Chinese investment in US tripled in 2016, up 189% in North America: Survey * The Immigrant Entrepreneurs Behind Major American Companies (Infographic) * Renewable Energy & Energy Storage To Expand Hand-In-Hand In Emerging Markets, Concludes World Bank * Hedge funds are tracking your every move, and ‘it’s the future of investing’

Week 4 – Links to News concerning Markets, Economy, Industry and Commodities

Santander boss: London to remain Europe’s financial hub * Post-Brexit, the U.K.’s Future Is Creative * Europe Needs New Rules for the New Labor Market * Trump’s aide lambasts US media as ‘opposition party’ – BBC News * Alphabet posts strong revenue growth, higher taxes hit earnings * U.S. Edges Toward Trade War as Trump Clash With Mexico Escalates