Monday, July 5, 2021

WSJ: Explaining ‘Bad News for the Economy Is Good News for the Stock Market’

 By SIMON CONSTABLE

With some frequency, Wall Street professionals use this phrase: “Bad news for the economy is good news for the stock market.” They also use it in reverse, with good news for the economy said to be bad for stocks.

At first glance, whichever way you read it, the line might seem to make little sense. Many people see the economy and the stock market as inextricably linked. In their minds, if the economy is weakening, then surely company profits will suffer, which will end up sending stock prices lower. But that’s not always the case. Read more here.



Friday, July 2, 2021

Briefings Magazine: A Roaring Twenties Redux?

By SIMON CONSTABLE

If you only listened to the Wall Street consensus, you’d believe that the United States is on the precipice of an economic boom not seen in nearly a century. Forget the go-go 1980s or even the surge in the 1990s—some finance professionals forecast a 1920s-esque takeoff. Maybe Art Deco architecture, flapper dresses, and the Charleston dance will also come back into style. Read more here.

Photo by Tristan Gassert on Unsplash

Barron's: Severe Drought Points to Higher Prices for Wheat Crops

 By SIMON CONSTABLE

A blistering drought across vital U.S. farmland looks set to destroy the crop of spring wheat this year if rain doesn’t arrive in the next few weeks. Without that much-needed moisture, prices for the grain could easily rally by more than 30%, experts say.

“We are going to have an extreme shortage of high-quality wheat,” Shawn Hackett, president of financial firm Hackett Financial Advisors, told Barron’s. “We are not seeing anything good in key growing areas.” Read more here.


Photo by Polina Rytova on Unsplash

Thursday, July 1, 2021

Forbes: Denmark Tops List Of Best Countries For Business

 By SIMON CONSTABLE

For running a business in Europe is rather like author Charles Dickens’ “Tale of Two Cities.” It can be the best of times or the worst of times.

It all depends where you set up shop. And that’s something investors need to consider when sinking money into ventures overseas. Read more here.

Photo by Markus Winkler on Unsplash

Darden: The Future of Investing (Looks Very Different)

By SIMON CONSTABLE

While unemployment ballooned and the global economy collapsed in the months following the onset of the COVID-19 pandemic, an odd thing happened: Wall Street surged. The stock market rose to record levels, relatively new asset classes such as cryptocurrencies headed to the moon, and individual investors had hedge fund managers reeling. Read more here.

 


Photo by Patrick Weissenberger on Unsplash

CBS Eye on the World with John Batchelor: Cryptocurrency Bandits. Simon Constable, WSJ, Forbes

 By SIMON CONSTABLE




Photo by Thought Catalog on Unsplash