This is a list of the most profitable companies in 2024. This list can be a good start coming to shortlisting. How many of these companies are in your current portfolio or shortlist? $Microsoft(MSFT)$ $Apple(AAPL)$

The news is taken from CNEVPost. BYD's new plant in central Chinese city Zhengzhou goes into operation April 7, 2023 14:50 GMT+8 Currently in production is the first phase of BYD's Zhengzhou base, with a planned annual capacity of 400,000 vehicles. BYD chairman calls on China to extend NEV tax exemption until 2025 April 3, 2023 17:04 GMT+8 The world economy is currently in a difficult period of complexity and change, and dealing with risks and challenges requires firm confidence and stable expectations, Wang said. BYD Mar sales breakdown: Qin 40,850, Song 40,510 April 2, 2023 20:08 GMT+8 The Qin family of models sold a record 40,850 units in March, surpassing the Song family's 40,510 units to become the best-selling BYD model for the month. BYD starts warming up for mini car Seagull Marc

The US economy has reported a stellar Q4. Here are some of the highlights: Gross domestic product, a measure of all the goods and services produced, increased at a 3.3% annualized rate in the fourth quarter of 2023, according to data adjusted seasonally and for inflation.That compared with the Wall Street consensus estimate for a gain of 2% in the final three months of the year. The third quarter grew at a 4.9% pace. The US White House has an article about the economy. Here is an extract: Is the American economy represented by the S&P500 index? S&P500 - is it about the USA economy or more? Factset has released a good article dated 31 Oct 2023 (pertaining to Q3 2023 concerning S&P500). 02-s&p-500-revenue-growth-year-over-year-q3-2023 S&P500 companies have an average YoY

Public Holidays No public holidays for Hong Kong, Singapore, the US & China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing > The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim

Public Holidays No public holidays for Hong Kong, Singapore the US & China in the coming week. Economic Calendar (24Jul2023) Economic Calendar for the week starting 24 Jul 2023 Notable Highlights Fed interest rate decision should be the most watched macro news for the coming week. With the Fed predicting another 2 more interest rate hikes, it is speculated that the market is expecting a rate hike of 25bps. How will the market respond to this? The tone of the speech during the announcement may be a key reference. If the tone is largely hawkish, the market may not respond kindly to this. PCE - This is the Fed’s preferred indicator coming to inflation and the forecast (MoM) is a persistent 0.2% growth. This is an important data point as the Fed uses this as an important reference for the

My investing muse - oil, Apple & Huawei Oil and the OPEC+ impact From Y Chart: US Retail Gas Price is at a current level of 3.925, down from 3.931 last week and down from 3.938 one year ago. This is a change of -0.15% from last week and -0.33% from one year ago.The US Retail Gas Price is the average price that retail consumers pay per gallon, for all grades and formulations. Retail gas prices are important to view in regards to how the energy industry is performing. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. Since Jan 2023, US retail gas prices are on an uptrend. This sounds like “inflation inbound”. From the Crude oil price chart, we see a recent surge in oil prices as OPEC+ declared production cuts. In the

Public Holidays Nil Economic Calendar (17 Apr 2023) This was the update from the week ending 14 Apr 2023: The biggest good news is CPI dropped YoY from 6.0% previous month to 5.0% (much lesser than the 5.2% estimate) PPI came out to be -0.5% compared to 0.1%. This is the inflation that hits producers first (before being passed downstream to the consumers seen in CPI). This implies that there is a chance for some components of CPI to be lowered in the coming update. Crude Oil Inventories ended with an excess of 0.597M compared to an expected drawdown of 0.583M. This implies that the demand looks to be weaker than expected. Initial Jobless Claims came out higher (239K compared to the expected 232K). There is more unemployment than expected. Retail Sales came out to be more disappointing tha

Public Holidays This is a short week with Singapore, the USA, and Hong Kong celebrating Good Friday on 29 March 2024. Here is wishing all Christians a blessed Good Friday. The Significance of Good Friday and Easter in Christian Tradition Economic Calendar (25 Mar 2024) Notable Highlights Core PCE would be the most watched macro data for the coming week. This is the main indicator news by the Federal Reserve to understand inflation in the economy. Should the PCE index outcome be unexpected, this should lead to some volatility in the market. New home sales is a good reference pertaining to the real estate industry. CB Consumer Confidence and durable good orders will share insight into the sentiments of consumers in the US economy. Chicago PMI will be a good indicator of the manufacturing sec