December 20, 2019 | Daily JAM, Long Term |
Hengfeng Bank has announced that it will sell 100 billion shares in a private placement to raise cash. This is the third Chinese commercial lender to receive government assistance since May. Investors in the deal will include Central Huijin Investment (60 billion...
December 19, 2019 | Daily JAM, DHR, NVDA |
Looking at the history of intense scrutiny and strict conditions for winning approval, no U.S. technology company can take approval from European Union regulators on a big deal for granted. That's why the news from regulators on acquisitions planned by Danaher (DHR)...
December 19, 2019 | Daily JAM, Mid Term, Morning Briefing |
Of course, the Reserve Bank of India didn't mean to issue a warning to all global financial markets. The minutes of the central bank's December 3-5 meeting, released today, focus on the need to hold its benchmark interest rate at 5.15% after delivering 135 basis...
December 18, 2019 | Daily JAM, EUM, Stock Alerts, Volatility |
I don't know whether you've been able to hear it over all the other market noise--All the shouting on Brexit, for example--but there is a distinct and increasingly loud call from Wall Street that 2020 is the year to get back into emerging market assets. I don't happen...
December 18, 2019 | Daily JAM, Morning Briefing, Short Term |
The new head of the International Monetary Fund, Kristalina Georgieva, has told China's Caixin Global news service, that she expects the Part 1 agreement to boost China's GDP growth to 6% in 2020. That would be an increase from the IMF's previous projection of 5.8%...
December 17, 2019 | Daily JAM, GM, Stock Alerts |
Yesterday, December 16, I made General Motors (GM) Bargain Pick #7 in my Special Report: 12 Bargain Stocks Picks NOW. And I also added it to my Jubak Picks portfolio. On the bargain front, I think the argument is persuasive. I wrote: "Morningstar calculates that...
December 17, 2019 | Daily JAM, Morning Briefing |
The pound got pressed hard today, slumping by the most since January and hitting a new low for the day in afternoon trading in London. The pound was down 1.5% against the dollar (at $1.3132) and 1.4% against the euro. The FTSE 250 fell by as much as 1.7% as domestic...
December 16, 2019 | Daily JAM, SERV, Stock Alerts |
There I was minding my own business reading "Invasive termites in a changing climate: A global perspective" by Grzegorz Buczkowski and Cleo Bertelsmeier (of Purdue University and University of Lausanne, respectively) when I got to the maps and a stock picking bell...
December 16, 2019 | Daily JAM, Morning Briefing |
This morning it doesn't matter that the Part 1 U.S.-China trade agreement isn't signed and that we don't have more than the bare, vague outlines of the deal. This morning it doesn't matter that the smashing Conservative Party victory in the United Kingdom elections...
December 13, 2019 | Daily JAM, Morning Briefing, Short Term |
What if they announced a Part 1 agreement in the U.S.-China trade war but nobody could figure out what if meant if anything? Stocks would go nowhere. The Standard & Poor's 500 gained all of 0.1% today and the Dow Jone Industrial Average matched that big move with...
December 12, 2019 | Daily JAM |
In my set up to this Special Report: 12 Bargain Stocks NOW I laid out the reasons for adding some bargain stocks to a portfolio. (You can find that set up in my Special Report in the Special Reports pane on the home page of JubakAM.com. I'll add these picks to that...
December 12, 2019 | Daily JAM, Morning Briefing |
Today, Thursday December 12, just five minutes after stocks opened for trading in New York, President Donald Trump, tweeted that the U.S. and China are very close to signing a “big” trade deal. “They want it, and so do we!” he tweeted. Of course, last week President...