Here are this week's investing and economic insights:
#MarketTrends
2024: The Busiest Election Year Ever!
2024 is set to be the busiest election year with half of the world’s population residing in countries holding elections.
Major elections include the U.S., India, and the European Union.
Notable elections have occurred in Taiwan and Pakistan, with controversial outcomes in Pakistan, Bangladesh, and Russia.
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The Insight: How To Find The Opportunities
The global political landscape in 2024 could impact various sectors.
Investors could look at industries influenced by election outcomes, such as defense, healthcare, and technology.
Country-specific ETFs or stocks could also be considered based on the anticipated policy changes post-elections.
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#QuoteOfTheWeek
“He who lives by the crystal ball soon learns to eat ground glass." - Ray Dalio
This quote by Ray Dalio emphasizes the unpredictability of stock markets.
Relying solely on predictions (‘crystal ball’) can lead to painful outcomes (‘eating ground glass’).
Instead, a balanced approach involving careful analysis, diversified portfolio, and risk management is crucial for successful stock investment.
Predicting exact election outcomes is impossible, prepare for different scenarios.
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#What is happening this week?
Australian Earnings Season Ends on a High Note!
The conclusion of the Australian earnings season was positive, dispelling earlier concerns.
Stronger-than-expected consumer spending and effective cost management resulted in pleasant surprises, elevating market sentiment.
Globally, stock markets achieved new highs, propelled by stable inflation and robust corporate performances.
The ASX 200 rose by 1.3% during the week, with tech stocks leading the way.
ASX 200 Ends Week Higher Despite Global Woes
Despite global uncertainty, the ASX 200 concluded the week on a good note, slightly higher and reflecting the market's general optimism. Australian firms appear to be adjusting and thriving despite hurdles.
Despite ongoing inflationary challenges, businesses are exhibiting a laudable emphasis on cost management and efficiency, aided by resilient customer behaviour.
Buffett’s Shocking Admission: ‘Astonishing’ Performance Over!
In his yearly message to shareholders, Buffett admitted that Berkshire’s ‘astonishing’ performance is over.
He said that because of its enormous size, Berkshire Hathaway cannot make the kind of deals that generated the profits that made it so large.
This shows one of the greatest benefits that individual investors have.
Big companies and funds cannot just invest in any business they like on a significant scale.
As individual investors, we have a much larger range of possibilities and almost no cost of affecting the market.
Apple’s EV Dream: Over Before It Began?
Apple abandons EV project. Some of the opinions suggest Apple has read the signs for the EV industry.
It could also be that Apple has understood that making vehicles (whether electric or ICE powered) is a very hard business, and could take away their focus.
An Apple EV would likely be amazing, but maybe it’s better that they stay concentrated.
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Best Regards,
James Lim, SFA Founder
Disclaimer:
Stewardship Finance Academy does not provide financial advisory services. The content in this email/website serves solely for general educational purposes and is crafted without taking into account your specific objectives, financial status, or requirements. It is advisable not to depend on any guidance or information from this website. Prior to making any investment choices, it is suggested that you assess its suitability for your circumstances and consult with relevant financial, tax, and legal professionals.
Top 3 discussed stocks : $Tesla Motors(TSLA)$ $Pinduoduo Inc.(PDD)$ $NVIDIA Corp(NVDA)$
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