📉 Bear Market Opportunities

Plus: Netflix stock surges 14%

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Markets

US Futures Gain With Earnings in Focus; Pound Dips (4 minute read)US equity futures advanced as investors weighed concerns about scorching inflation and a looming recession against a strong start to the earnings season. The pound fell after UK inflation rose faster than economists expected.

China Delays Release Of Economic Data During Key Political Meeting (3 minute read)China said Monday it will delay the release of economic growth figures, as the country's leadership gathers for a major meeting set to hand President Xi Jinping a historic third term in office. Many analysts expect the world's second-largest economy to struggle to reach its growth target this year of around 5.5 percent

Home Builders Warn Collapse Is ‘Unsustainable’—And Prices Could Tumble Another 20% (3 minute read)Home builder confidence plunged for a tenth straight month in October as rising interest rates continued to weaken housing demand—prompting economists to warn an unexpected rise in new home sales last month may be short-lived and prices may be on the brink of collapse, the National Association of Home Builders reported Tuesday.

Netflix stock surges 14% after its Q3 earnings beat targets and it returns to subscriber growth (4 minute read)Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago.

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Investing

1 Growth Stock Down 76% to Buy Hand Over Fist (4 minute read)Investing in technology stocks has not been easy in 2022. A company losing half of its value would've been a sign of severe fundamental issues about a year ago, but now, it's a reflection of a very difficult economic environment that has shattered investors' confidence. Whilst many businesses are experiencing slower growth. That's not true for all of them -- some companies make money by serving other businesses rather than consumers, and they've been a relative bright spot this year.

Bear Market Opportunities For Every Generation of Investors (6 minute read)Bear markets are never any fun to live through but every stock market correction in history has been an opportunity if you’re able to zoom out a little bit. But how you view the short-term risks involved in big market declines should be colored by where you reside in your investor lifecycle.

I Bond Yields Are Set to Drop Next Month (4 minute read)Yields on popular Series I savings bonds — intended to protect consumers against price increases — are likely heading down even as inflation continues to surge. The new yield for I bonds purchased after the end of October is now estimated to be 6.47%, down from a record 9.62%. The rate is linked to the change in inflation over the six-month period from March to September which, while elevated, slowed from the previous half-year stretch.

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Money

Why this 1992 personal finance book still has a cult following (6 minute read)Before the hustle economy and the “Great Resignation,” there was Robin and her partner, Joe Dominguez. Their book “Your Money or Your Life: 9 Steps to Transforming Your Relationship With Money and Achieving Financial Independence,” published 30 years ago this fall, asked us to take control of our financial and work lives by eschewing mindless spending and instead concentrating on what matters, such as family, friends and hobbies.

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Wisdom Of The Week

Markets are never wrong – opinions often are. 

Warren Buffet

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