“The Next Big Storm to Hit the Markets” is the headline for an essay by John Robson & Andrew Selsby of Full Circle Asset Management, who write, “Above all others, the outlook for corporate earnings is the big issue”, and they expect that earnings will “also catch ‘fall off a cliff syndrome’.”
Shares for Under Armour (NYSE:UA) jumped 26% yesterday. The retail company’s third quarter results exceeded expectations on the same day as the market posted a major rally. But Andrew Snyder says this is down to marketing hype.
If you are like me, you are suddenly realizing that your income did not go up by 0.2%, or any percent, because if it did, it seems like you would have remembered it. And anyway, if my income DID go up, then where in the hell is all of this money?
‘Chimerica’ stocks and how to profit from companies that do their business in China has been creating a huge amount of buzz on the internet since investment guru Tom Dyson at Daily Wealth started to write about the subject.
“Chimerica stocks are Chinese companies,” says Tom. “They do business in China, with Chinese management, Chinese employees, and Chinese currency. They make products for Chinese consumers.
The key is that these Chinese companies list on US stock exchanges.