What is 'The Cloud'? Who uses it? And how can businesses benefit from it? Cloud services are software or storage that is hired on a subscription basis with public or private infrastructure based on business requirements. Find out more at http://www.telappliant.com/resource
Summary:
The S&P 500 Index recorded its best weekly gain since February, as fears seemed to abate about the new omicron variant of the coronavirus. Most of the benchmarks moved near their record highs, and the S&P Midcap 400 Index reached a new peak on Friday. Information technology stocks drove much of the rally, as solid gains in Apple pushed the market capitalization of the world’s most highly valued public company near USD 3 trillion. Shares of financial firms and utilities lagged but still recorded gains.
Source - https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html
1. Global Outlook - https://www.advisor.ca/news/economic/global-gdp-call-trimmed-as-rate-hikes-loom-larger/
2. Geopolitical risks - https://www.ey.com/en_gl/geostrategy/when-political-disruption-surrounds-you-whats-your-next-strategic-move
3. Dollar - https://www.bloomberg.com/news/articles/2021-12-10/canadian-dollar-underperforms-following-u-s-inflation-print
4. Inflation - https://ca.finance.yahoo.com/news/price-shock-meat-counter-worsens-183234485.html
5. AI and Data Center - https://www.zdnet.com/article/artificial-intelligence-runs-more-data-centers-but-still-wont-relieve-technology-staffing-woes/
6. Consumer spending - https://www.businessinsider.com/inflation-will-cool-next-year-discounts-supply-crisis-economist-outlook-2021-12
7. Small business - https://www.nasdaq.com/articles/small-business-outlook%3A-6-predictions-for-2022?amp
8. TD - https://economics.td.com/ca-weekly-bottom-line
9. Supply chain - https://www.gobankingrates.com/money/economy/end-to-supply-chain-issues-in-sight-2021-winds-down-experts-optimistic/
10. Debt – https://www.reuters.com/markets/rates-bonds/canada-q3-household-debt-to-income-ratio-rises-1773-2021-12-10/
11. ESG – V https://www.bloomberg.com/news/audio/2021-12-10/the-esg-mirage-podcast
Future Skills, Future Work: Projecting the Future, Challenge Paper Six webinar
Thursday 16 April 2020
This webinar explores some of the key issues highlighted by the Challenge Paper, including: what are the changes taking place in the world of work? What are their implications for the skills needed for success, particularly in the project profession? And how should the profession respond to meet the needs of the future?
Projecting the Future is a big conversation about the future of the project profession - and the questions that we want to explore with you.
Download the challenge paper series: www.apm.org.uk/projecting-the-future
Get involved in the discussion
• Linkedin – Association for Project Management
• Twitter – @APMProjectMgmt
• Facebook – Association for Project Management
• Instagram – @apmprojectmgmt
Total learning keynote: The future of learning and workBrightwave Group
Total learning keynote: The future of learning and work by David Smith - Chief Executive, Global Futures and Foresight.
What does the future workplace look like? What will your people want? Who are they? How will they behave at work and at home? What are their behaviours? Do you know how to engage and retain them?
David shares his knowledge on the technological drivers of change and the emerging trends and conditions that will change learning in the future.
To view recording of this webinar use the following URL :
http://wso2.com/library/webinars/2015/02/connected-education-reference-architecture/
In this webinar, Chris Haddad, vice president - technology evangelism at WSO2, will discuss
Why connected education requirements demand a specialized reference architecture model
What reference architecture components create an effective learning environment
How you can rapidly realize a connected education reference architecture with WSO2 platform capabilities
Stock Market Analysis and Commentary for WE July 28 2023.pptxpaul young cpa, cga
Summary:
Stocks ended higher over a week notable for the Dow Jones Industrial Average’s notching its 13th consecutive daily gain on Wednesday, which marked its longest winning streak since 1987. However, T. Rowe Price traders noted that trading was relatively subdued, as the summer vacation season diverted some of the focus on a slew of important data releases, a Federal Reserve (Fed) policy meeting, and some high-profile corporate earnings reports. Growth stocks handily outpaced their value counterparts, and the gains were led by the technology-heavy Nasdaq Composite.
Sentiment appeared to get a boost from a series of generally positive economic readings, particularly on inflation. Stocks opened sharply higher on Friday, following news that the Fed’s preferred inflation gauge, the core (less food and energy) personal consumption expenditures (PCE) price index had risen 0.2% in June, down from 0.3% in May, making for a year-over-year increase of 4.1%, a tick lower than expectations and the slowest increase since September 2021. In addition, the employment cost index—closely watched because of policymakers’ continued concern about wage inflation—rose 1.0% in the second quarter, also below consensus and the smallest increase in two years.
Source - https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html
Other sources and links
Lithium - https://source.benchmarkminerals.com/article/chinese-lithium-prices-continue-to-fall-as-miners-dismiss-demand-concerns
Oil Production - https://www.energyportal.eu/news/who-were-the-biggest-oil-producers-and-consumers-in-2022/104193/
Natural Gas - https://www.nasdaq.com/articles/natural-gas-holding-above-important-near-term-support
Food and Grain - https://www.producer.com/opinion/russias-cancellation-of-grain-deal-sparks-food-security-fears/ or https://www.policycircle.org/ainews/food-security-fertilizer-prices/
Manufacturing - https://www.bnnbloomberg.ca/frustrated-biden-seeks-to-get-manufacturing-message-to-resonate-1.1951961
Forestry - https://www.globalwoodmarketsinfo.com/the-us-forecast-to-become-a-net-exporter-of-softwood-lumber-in-five-years/
Mining - https://www.bnnbloomberg.ca/vale-flags-higher-costs-and-lower-premiums-for-iron-ore-mining-1.1952011
Technology - https://www.geeks2u.com.au/geekspeak/5-top-tech-trends-impacting-australian-businesses-in-2023/
ESG - https://timesofindia.indiatimes.com/blogs/voices/how-can-entrepreneurs-incorporate-esg-into-their-business-strategy/
Geopolitical Risks - https://worldview.stratfor.com/
Power - https://ncnewsline.com/2023/07/28/federal-regulators-approve-new-rules-to-ease-power-connection-backlogs/
Supply Chain - https://lloydslist.maritimeintelligence.informa.com/LL1146063/The-Lloyds-List-Podcast-How-to-rebuild-resilience-into-container-supply-chains
What is 'The Cloud'? Who uses it? And how can businesses benefit from it? Cloud services are software or storage that is hired on a subscription basis with public or private infrastructure based on business requirements. Find out more at http://www.telappliant.com/resource
Summary:
The S&P 500 Index recorded its best weekly gain since February, as fears seemed to abate about the new omicron variant of the coronavirus. Most of the benchmarks moved near their record highs, and the S&P Midcap 400 Index reached a new peak on Friday. Information technology stocks drove much of the rally, as solid gains in Apple pushed the market capitalization of the world’s most highly valued public company near USD 3 trillion. Shares of financial firms and utilities lagged but still recorded gains.
Source - https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html
1. Global Outlook - https://www.advisor.ca/news/economic/global-gdp-call-trimmed-as-rate-hikes-loom-larger/
2. Geopolitical risks - https://www.ey.com/en_gl/geostrategy/when-political-disruption-surrounds-you-whats-your-next-strategic-move
3. Dollar - https://www.bloomberg.com/news/articles/2021-12-10/canadian-dollar-underperforms-following-u-s-inflation-print
4. Inflation - https://ca.finance.yahoo.com/news/price-shock-meat-counter-worsens-183234485.html
5. AI and Data Center - https://www.zdnet.com/article/artificial-intelligence-runs-more-data-centers-but-still-wont-relieve-technology-staffing-woes/
6. Consumer spending - https://www.businessinsider.com/inflation-will-cool-next-year-discounts-supply-crisis-economist-outlook-2021-12
7. Small business - https://www.nasdaq.com/articles/small-business-outlook%3A-6-predictions-for-2022?amp
8. TD - https://economics.td.com/ca-weekly-bottom-line
9. Supply chain - https://www.gobankingrates.com/money/economy/end-to-supply-chain-issues-in-sight-2021-winds-down-experts-optimistic/
10. Debt – https://www.reuters.com/markets/rates-bonds/canada-q3-household-debt-to-income-ratio-rises-1773-2021-12-10/
11. ESG – V https://www.bloomberg.com/news/audio/2021-12-10/the-esg-mirage-podcast
Future Skills, Future Work: Projecting the Future, Challenge Paper Six webinar
Thursday 16 April 2020
This webinar explores some of the key issues highlighted by the Challenge Paper, including: what are the changes taking place in the world of work? What are their implications for the skills needed for success, particularly in the project profession? And how should the profession respond to meet the needs of the future?
Projecting the Future is a big conversation about the future of the project profession - and the questions that we want to explore with you.
Download the challenge paper series: www.apm.org.uk/projecting-the-future
Get involved in the discussion
• Linkedin – Association for Project Management
• Twitter – @APMProjectMgmt
• Facebook – Association for Project Management
• Instagram – @apmprojectmgmt
Total learning keynote: The future of learning and workBrightwave Group
Total learning keynote: The future of learning and work by David Smith - Chief Executive, Global Futures and Foresight.
What does the future workplace look like? What will your people want? Who are they? How will they behave at work and at home? What are their behaviours? Do you know how to engage and retain them?
David shares his knowledge on the technological drivers of change and the emerging trends and conditions that will change learning in the future.
To view recording of this webinar use the following URL :
http://wso2.com/library/webinars/2015/02/connected-education-reference-architecture/
In this webinar, Chris Haddad, vice president - technology evangelism at WSO2, will discuss
Why connected education requirements demand a specialized reference architecture model
What reference architecture components create an effective learning environment
How you can rapidly realize a connected education reference architecture with WSO2 platform capabilities
Stock Market Analysis and Commentary for WE July 28 2023.pptxpaul young cpa, cga
Summary:
Stocks ended higher over a week notable for the Dow Jones Industrial Average’s notching its 13th consecutive daily gain on Wednesday, which marked its longest winning streak since 1987. However, T. Rowe Price traders noted that trading was relatively subdued, as the summer vacation season diverted some of the focus on a slew of important data releases, a Federal Reserve (Fed) policy meeting, and some high-profile corporate earnings reports. Growth stocks handily outpaced their value counterparts, and the gains were led by the technology-heavy Nasdaq Composite.
Sentiment appeared to get a boost from a series of generally positive economic readings, particularly on inflation. Stocks opened sharply higher on Friday, following news that the Fed’s preferred inflation gauge, the core (less food and energy) personal consumption expenditures (PCE) price index had risen 0.2% in June, down from 0.3% in May, making for a year-over-year increase of 4.1%, a tick lower than expectations and the slowest increase since September 2021. In addition, the employment cost index—closely watched because of policymakers’ continued concern about wage inflation—rose 1.0% in the second quarter, also below consensus and the smallest increase in two years.
Source - https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html
Other sources and links
Lithium - https://source.benchmarkminerals.com/article/chinese-lithium-prices-continue-to-fall-as-miners-dismiss-demand-concerns
Oil Production - https://www.energyportal.eu/news/who-were-the-biggest-oil-producers-and-consumers-in-2022/104193/
Natural Gas - https://www.nasdaq.com/articles/natural-gas-holding-above-important-near-term-support
Food and Grain - https://www.producer.com/opinion/russias-cancellation-of-grain-deal-sparks-food-security-fears/ or https://www.policycircle.org/ainews/food-security-fertilizer-prices/
Manufacturing - https://www.bnnbloomberg.ca/frustrated-biden-seeks-to-get-manufacturing-message-to-resonate-1.1951961
Forestry - https://www.globalwoodmarketsinfo.com/the-us-forecast-to-become-a-net-exporter-of-softwood-lumber-in-five-years/
Mining - https://www.bnnbloomberg.ca/vale-flags-higher-costs-and-lower-premiums-for-iron-ore-mining-1.1952011
Technology - https://www.geeks2u.com.au/geekspeak/5-top-tech-trends-impacting-australian-businesses-in-2023/
ESG - https://timesofindia.indiatimes.com/blogs/voices/how-can-entrepreneurs-incorporate-esg-into-their-business-strategy/
Geopolitical Risks - https://worldview.stratfor.com/
Power - https://ncnewsline.com/2023/07/28/federal-regulators-approve-new-rules-to-ease-power-connection-backlogs/
Supply Chain - https://lloydslist.maritimeintelligence.informa.com/LL1146063/The-Lloyds-List-Podcast-How-to-rebuild-resilience-into-container-supply-chains
Stock Market Analysis and Commentary for WE July 21 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the week-ending July 21, 2023
• US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak.
• It's the longest run of gains for the index since August 2017.
• Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting.
US stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017.
To close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data.
Meanwhile, investors will be watching to see what policymakers announce at next week's Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month's "skip."
A quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions."
Source - https://ca.finance.yahoo.com/news/us-stocks-trade-mixed-dow-040423917.html
Additional sources and links
Lithium - https://qz.com/bolivias-lithium-reserves-are-even-larger-than-it-previ-1850664027 or https://www.argusmedia.com/ja/news/2471480-chinas-li-carbonate-contracts-close-first-day-lower?amp=1
Global Inflation - https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
Global PMI - https://www.marketpulse.com/week-ahead/week-ahead-bracing-for-next-weeks-earnings-rate-decisions-and-major-economic-data/emoya
Oil Production - https://www.atalayar.com/en/articulo/economy-and-business/rising-us-shale-oil-production-defies-opec-s-oil-production-cutback-strategy/20230720154801188532.html
Natural Gas - https://www.investing.com/news/commodities-news/natural-gas-first-weekly-gain-for-july-amid-high-but-fluctuating-power-burns-3131449
Food Production - https://millermagazine.com/blog/igc-forecasts-record-grain-production-amid-challenges-5280
Ports and shipping - https://www.hellenicshippingnews.com/baltic-index-logs-10-weekly-drop-as-demand-for-larger-vessel-wilts-away/
Housing - https://www.nasdaq.com/articles/you-cant-control-the-housing-market-but-you-can-control-what-you-do-about-it
Geopolitical Risks - https://worldview.stratfor.com/
Technology - https://medium.com/@kalashbhadoriya7147/emerging-tech-trends-in-2023-unlocking-the-future-c910658bf0aa
ESG - https://www.esginvestor.net/what-cfos-need-to-know-about-future-esg-reporting-standards/
Manufacturing - https://www.nam.org/anheuser-busch-supports-partners-workers-27377/?stream=business-operations
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
This presentation is targeted to architecture professionals in the design industry. The presentation is divided into four parts. The first part describes the factors at play in the future of work in architecture. The second part outlines trends in the design process for architectural offices. The third, discusses the ways where human capital investment is needed based on both trend and factors in play for the industry in the future. Lastly, a positive outlook for the future of work in the sector is outlined.
Stock Market Analysis and Commentary for WE August 4 2023.pptxpaul young cpa, cga
Blog – Stock Market for the Week-Ending August 4, 2023
Summary:
Stocks flipped into the red Friday afternoon after looking set to rebound earlier in the session, putting the cap on a rough first few days in August as the jobs report's release took center stage and an earnings-heavy calendar continued.
The S&P 500 (^GSPC) finished down 0.5%, while the Dow Jones Industrial Average (^DJI) fell 0.4%. The tech-heavy Nasdaq Composite (^IXIC) slipped by 0.4% after gaining as much as 1% earlier in the session.
The S&P 500 and Nasdaq were both down more than 2% to end the first week of August trading.
The July jobs report showed continued cooling in the labor market, as nonfarm payrolls rose by 187,000 last month while the unemployment rate dipped slightly to 3.5%. The numbers will serve as a key indicator for the Fed as it determines whether to halt its interest rate hiking campaign next month.
Elsewhere, Amazon (AMZN) stock was buzzing Friday, finishing more than 8% after earnings beat all around, combined with rosy guidance for the near term. Apple (AAPL), by contrast, was down almost 5% after the iPhone maker reported sluggish sales of that flagship product and a third straight quarter of declining revenue overall.
Source - https://finance.yahoo.com/news/stocks-flip-to-losses-to-end-rough-week-amazon-surges-stock-market-news-today-200617333.html
Links and sources:
Lithium - https://source.benchmarkminerals.com/article/lithium-industry-needs-over-116-billion-to-meet-automaker-and-policy-targets-by-2030
USA – GDP - https://www.spglobal.com/marketintelligence/en/mi/research-analysis/us-monthly-gdp-index-for-june-2023.html
Supply chain - https://mba.ncsu.edu/2023/08/04/rob-handfield-discusses-how-governments-can-better-prepare-for-supply-chain-disruptions/
Global commodities - https://www.foodbusinessnews.net/articles/7-progressing-harvest-pulls-wheat-futures-to-four-month-lows
Oil Production - https://13wham.com/news/nation-world/gas-prices-jump-as-extreme-heat-and-oil-production-cuts-add-up-brent-crude-west-texas-intermediate-refineries-weather-opec-saudi-arabia-russia-war-in-ukraine-strategic-petroleum-reserve
Natural Gas - https://www.castanet.net/news/Business/440176/Construction-of-FortisBCs-Eagle-Mountain-Woodfibre-Gas-Pipeline-set-to-begin-in-Squamish
SEC - https://www.conference-board.org/press/press-release-ESG-backlash
Geopolitical risks and threats - https://worldview.stratfor.com/
Critical Metals - https://www.rechargenews.com/wind/global-offshore-wind-needs-reliable-resilient-affordable-critical-minerals-strategy/2-1-1496037
https://www.ipe.com/news/edhec-risk-concerned-about-availability-and-quality-of-esrs-disclosures/10068181.article
Manufacturing lags behind Digitalization - Canada - June 2017paul young cpa, cga
This presentation looks at digitalisation on manufacturing including how Canadian manufacturers are lagging behind the rest of world in adoption of digital strategy.
The presentation will look at all areas of digital manufacturing including IoT, robotics, 3-D printing and integratation of data analytics.
The Dow Jones Industrial Average (DJI) gained 1% or 344.23 points to close at 34,564.59. Twenty-seven components of the 30-stock index ended in the green, one remained unchanged, while two closed in the red.
The tech-heavy Nasdaq Composite lost 2% or 272.02 points to finish at 13,643.59, driven by a tech rally.
The S&P 500 climbed 1.1% or 49.14 points to end at 4,446.59. Nine of the 11 broad sectors of the benchmark index closed in the green.
Source - https://ca.movies.yahoo.com/stock-market-news-apr-14-125312682.html
Stock Market Analysis and Commentary for WE August 11 2023.pptxpaul young cpa, cga
Blog – Analysis of the Stock Market for WE August 11, 2023
Summary:
Stocks ended the session mixed on Friday as investors reacted to a report showing wholesale prices rose more than expected in July.
The Nasdaq fell 0.7% while the S&P 500 slipped 0.1%. The Dow Jones Industrial Average slid at the open but recovered to close up about 0.3%. The Dow was the only index to post gains for the week, rising 0.6%. The S&P 500 and Nasdaq both lost ground for the second week in a row, falling 0.3% and 1.9%, respectively.
The Producer Price Index (PPI) rose 0.3% last month after increasing 0.1% in June. Economists had expected wholesale inflation to rise, but only to 0.2%. Core PPI, which excludes volatile food and energy prices, also climbed 0.3%, up from 0.1% in June. The data comes a day after the Consumer Price Index rose 0.2% for the second straight month, a rate nearly consistent with the Fed's 2% inflation target
Source - https://www.investopedia.com/dow-jones-today-08112023-7642347
Links and sources:
Oil Production - https://foreignpolicy.com/2023/08/11/crude-oil-demand-opec-price-increase-china-saudi-arabia-russia/
Natural Gas - https://www.reuters.com/business/energy/us-drillers-cut-oil-gas-rigs-fifth-week-row-baker-hughes-2023-08-11/
Lithium - https://www.enverus.com/blog/direct-lithium-extraction-could-be-key-to-unlocking-domestic-supply/
Forestry - https://www.resourcewise.com/forest-products-blog/canadian-lumber-market-shrinking-could-europe-fill-gap
Mining - https://www.mining.com/mining-is-growing-rapidly-so-are-investor-state-disputes/
Inflation - https://www.bnnbloomberg.ca/charting-the-global-economy-us-stays-on-moderate-inflation-path-1.1958052
Housing - https://globalnews.ca/news/9890405/tiny-homes-pilot-late-2023-if-approved/
Technology - https://www.thedailystar.net/life-living/news/tech-trends-will-shape-our-future-3390151
Geopolitical - https://worldview.stratfor.com/
Economies - https://finance.yahoo.com/news/20-countries-highest-rate-economic-121800158.html or
Stock Market Analysis and Commentary for WE August 25 2023.pptxpaul young cpa, cga
Blog – Stock Market for the Week-Ending August 25 2023
Summary:
U.S. stocks rebounded from early losses Friday to finish in the green after Federal Reserve Chair Jerome Powell said the central bank is keeping its options open for more interest rate hikes this year.
The Nasdaq led stocks higher, gaining 0.9% to finish the week up 2.2%. The S&P 500 gained 0.7%, finishing 0.8% higher for the week. The Dow Jones Industrial Average also rose 0.7%, but fell 0.4% over the week.
Powell, speaking on day two of the Kansas City Fed's annual Jackson Hole symposium, said that while inflation had fallen from its peak, "it remains too high." He added, "We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective."
European stocks gave up gains in the afternoon but still finished slightly higher. Asian equities fell, with the Japanese Nikkei Index tumbling more than 2%.
Stocks sank yesterday despite another quarter of better-than-expected earnings from Nvidia (NVDA). The Nasdaq fell 1.9%, erasing Wednesday's big gains, while the S&P 500 lost 1.4% and the Dow Jones Industrial Average fell 1.1%.
Dow Rallies Following Powell Remarks
17 hr 18 min ago
After falling early in the session, the Dow Jones Industrial Average rallied to finish higher by 0.7%, or about 247 points, as investors shook off the remarks of Fed Chair Jerome Powell that indicated interest rates could remain high.
For the week, the index ended down about 0.4%, the Dow’s second straight weekly decline.
Boeing (BA) rose 2.8% to recover some of yesterday’s losses on reports it would need to delay deliveries of some 737 Max jets.
Salesforce (CRM) moved up 2% after filings showed it is one of several big tech companies, including Nvidia (NVDA) backing artificial intelligence startup Hugging Face. Other tech stocks helped fuel the index’s rally, including Intel (INTC), which also jumped 2%, and Apple (AAPL), up 1.3%.
Johnson & Johnson (JNJ) shares gained 1.4%, making up for some losses earlier in the week following its share swap with spin-off Kenvue.
Nike (NKE) shares gained 1.2%, breaking an 11-day losing streak—the longest in the company’s history.
Walgreens Boots Alliance (WBA) dipped 0.2%, making it the worst performer of the Dow 30 stocks during a session in which only five components fell. JPMorgan Chase (JPM) and Amgen (AMGN) both slipped 0.1%.
Source: https://www.investopedia.com/dow-jones-today-08252023-7852741
Links and sources:
Lithium - https://mexicobusiness.news/mining/news/lithium-consumers-need-stronger-lithium-supply-chain
Global GDP - https://fortune.com/2023/08/26/chinas-economy-deflation-growth-exporting-globally/
Commodities - https://www.barchart.com/story/news/19726406/drought-in-india-new-bull-market-in-ag-commodities-and-natural-gas-fundamentals
Manufacturing - https://www.business-standard.com/industry/news/opportunity-to-increas
What is up with the Stock Market for WE - April 14 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for Week-Ending April 14, 2023
Summary:
The Dow Jones Industrial Average fell Friday, but notched a positive week, as investors assessed a weak retail sales report that dented enthusiasm around a stronger-than-expected start to corporate earnings.
The 30-stock Dow
dropped 143.22 points, or about 0.42%, to 33,886.47. The S&P 500 fell 0.21% to 4,137.64. Meanwhile, the Nasdaq Composite
slid 0.35% to 12,123.47.
The Dow, however, notched its fourth-straight positive week, rising 1.2%. The S&P 500 and the Nasdaq, meanwhile, nabbed their fourth positive week in five. The broad-market index added 0.79% for the week, while the Nasdaq ticked higher by 0.29%.
Source - https://www.cnbc.com/2023/04/13/stock-market-today-live-updates.html
Additional Sources:
Lithium price and supply - https://www.investorsobserver.com/news/qm-news/4619971545111386
Oil Production - https://ca.finance.yahoo.com/news/us-import-prices-fall-more-130519523.html
LNG Production - https://www.investorsobserver.com/news/qm-pr/8458744909354243
GDP Growth - https://www.weforum.org/agenda/2023/04/imf-global-growth-weakest-in-30-years-top-economics-news-2023/
Sustainability and ESG - https://www.pionline.com/esg/sustainable-development-goals-are-slipping-our-grasp-un-official-warns
Food security and costs - https://www.vision.org/global-problems-global-solutions-part-3-what-shall-we-eat-and-drink-9418 or https://www.arabnews.com/node/2286996/business-economy
Housing - https://www.abc.net.au/news/2023-04-15/australia-economic-problems-inflation-housing-recession-solution/102225108
Technology trends - https://www.entrepreneur.com/leadership/the-top-5-challenges-for-tech-leaders-in-2023/449118 or https://markets.businessinsider.com/news/stocks/ai-labor-market-linkedin-economist-jobs-unemployment-chatgpt-fed-interest-2023-4
Global Debt - https://newsus.cgtn.com/news/2023-04-15/IMF-and-the-World-Bank-address-world-debt-issues--1j0EmFTZ4oU/index.html
Supply chain - https://www.scmr.com/article/dhl_supply_chain_facility_is_showcasing_how_automation_humans_can_coexist
Innovation - https://www.geekwire.com/2023/heres-how-startups-can-position-themselves-against-big-tech-in-the-generative-ai-race/
Stock Market Analysis and Commentary for WE August 18 2023.pptxpaul young cpa, cga
Summary:
US stocks recovered from steep early losses in Friday's session but ended the week with sharp drops as an August swoon continued for Wall Street.
The Dow Jones Industrial Average (^DJI) finished slightly above the flatline, while the S&P 500 (^GSPC) fell slightly on the other side of it. The tech-heavy Nasdaq Composite (^IXIC) was down a modest 0.2% lower after three consecutive days of sharp losses.
For the week, the S&P 500 and Nasdaq each saw losses of around 2%.
Meanwhile, the 10-year Treasury yield (^TNX) fell slightly Friday to around 4.25% but remained near recent highs.
The moves come as investors consider the prospect that interest rates could remain higher for longer after Federal Reserve minutes this week showed the central bank wouldn't rule out further hikes. The next clue on the Fed's next move will come from Chair Jay Powell, who is set to give a speech next Friday at the annual Jackson Hole Economic Policy Symposium.
Source: https://finance.yahoo.com/news/stocks-crawl-back-to-close-rough-week-on-mixed-note-stock-market-news-today-200046956.html
Additional links and sources:
Agriculture - https://www.agriculture.com/grain-markets-on-the-up-or-august-18-2023-7692855
Lithium - https://finance.yahoo.com/news/lithium-metal-market-reach-13-140500079.html
Oil Production - https://oilprice.com/Energy/Energy-General/Rig-Count-Decline-Accelerates-Amid-Rising-US-Crude-Oil-Production.html
Natural Gas - https://www.dw.com/en/lng-supplies-why-europe-is-spooked-by-australian-strike/a-66567877
Ports - https://www.hapag-lloyd.com/en/services-information/operational-updates/north-america.html
Steel - https://www.barchart.com/story/news/19378449/aisi-us-raw-steel-production-surged
Technology - https://www.crn.com/news/channel-news/6-key-takeaways-about-it-spending-in-2023-so-far-idc or https://siliconangle.com/2023/08/18/week-enterprise-gen-ai-hype-cybersecurity-leaders-laggards-cisco-tech-spending-boost/
ESG - https://www.nasdaq.com/articles/does-it-matter-what-investors-think-about-esg
Manufacturing - https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html
Housing - https://storeys.com/canada-home-prices-moderate-affordability/
Food - http://www.fnbnews.com/Top-News/addressing-three-key-contradictions-in-the-food-sector-farmers-food-surplus--climate-change-solutions-74156
Geopolitical - https://worldview.stratfor.com/
Commodities - https://www.northernminer.com/analysis/commodity-investing-the-antidote-to-the-age-of-scarcity/1003857836/
Stock Market Analysis and Commentary for WE July 14 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the Week-Ending July 14 2023
Summary:
Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the Healthcare, Consumer Goods and Technology sectors led shares higher while losses in the Oil & Gas, Telecoms and Basic Materials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average added 0.33% to hit a new 6-months high, while the S&P 500 index declined 0.10%, and the NASDAQ Composite index lost 0.18%.
The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 7.27% or 32.56 points to trade at 480.31 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 0.99% or 1.05 points to end at 107.37 and Coca-Cola Co (NYSE:KO) was up 0.94% or 0.57 points to 60.92 in late trade.
The worst performers of the session were Chevron Corp (NYSE:CVX), which fell 2.50% or 3.93 points to trade at 153.58 at the close. Dow Inc (NYSE:DOW) declined 2.38% or 1.29 points to end at 52.92 and Cisco Systems Inc (NASDAQ:CSCO) was down 2.25% or 1.16 points to 50.37.
Source - https://www.investing.com/news/stock-market-news/us-stocks-mixed-at-close-of-trade-dow-jones-industrial-average-up-033-3126281
Other sources and links:
Lithium - https://qz.com/1292202/china-now-effectively-controls-half-the-worlds-lithium-production
Inflation - https://ca.finance.yahoo.com/news/global-markets-wall-st-climbs-181412102.html
Mid year trends - https://www.jpmorgan.com/insights/outlook/economic-outlook/economic-trends
Technology - https://formtek.com/blog/technology-top-trends-for-2023/
ESG and Mining - https://www.mining.com/a-new-era-of-esg-reporting-what-miners-need-to-know-about-the-issb-standards/
Geopolitical issues and threats - https://worldview.stratfor.com/
Oil - https://www.yourbasin.com/news/local-news/increasing-u-s-oil-production-helps-keeps-crude-price-stable/
Natural Gas - https://www.fxempire.com/forecasts/article/natural-gas-forecast-stuggling-with-mixed-weather-outlook-lng-maintenance-1361232
Housing - https://www.village-life.ca/real-estate/these-are-the-most-affordable-cities-to-buy-real-estate-in-ontario-right-now-7277644 or https://www.nahb.org/news-and-economics/press-releases/2023/07/nahb-tells-congress-how-excessive-regulations-and-codes-harm-housing-affordability
Water crisis - https://www.newarab.com/opinion/why-us-blockade-blame-cubas-water-crisis
Critical metals - https://www.bnnbloomberg.ca/canada-to-speed-up-critical-minerals-permits-in-bid-to-erode-china-s-dominance-1.1945836
Inflation - https://www.socialistalternative.org/2023/07/14/a-new-economic-era-now-with-high-inflation/
Supply chain - https://consumergoods.com/how-ai-and-machine-learning-changing-way-we-manage-supply-chain or https://www.thetechoutlook.com/press-release/nexterus-discusses-how-shippers-can-keep-their-supply-chains-moving-when-carriers-go-out-of-business-ports-close-the-potential-ups-strike-and-other-issues/
The Emerging IT Landscape and the IT GRC and Security Professional Tokunbo Taiwo
A presentation made by Mr. Tokunbo Taiwo (Principal Consultant/CEO, Safe Sail Consulting Ltd.) at the ISACA Lagos 2016 National Conference on December 1 2016.
The theme of the conference was “Driving Economic Growth through Information Technology”
The presentation identifies opportunities, risks and controls around the emerging fields of Big Data, Cloud, Mobile and Cybersecurity.
It discusses existing skills gaps and how they can be filled.
Attention is given to the impact of these fields on job creation, national security and productivity.
It also provides reference to useful ISACA tools.
IT Governance, Risk Security and Compliance professionals would find this useful
What is up with the Stock Market for WE - April 22, 2023.pptxpaul young cpa, cga
Blog - Blog - Stock Market Analysis for the WE April 21 2023
Summary:
Stocks closed slightly higher on Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week.
The S&P 500 (^GSPC) rose 0.09%, while the Dow Jones Industrial Average (^DJI) rose 23.99 points, or 0.07%. The technology-heavy Nasdaq Composite (^IXIC) rose 0.11%.
All three major averages closed the week lower. The Dow had its worst week in six weeks, snapping a 4-week win streak
Source: https://www.cnbc.com/2023/04/20/stock-market-today-live-updates.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html
Fusion architecture higher education and research industry perspectiveTed Simpson
This session focuses on how the Higher Education User Group (HEUG) is working to educate its membership around the world about Fusion Architecture. The industry includes a diverse set of organizations using a variety of Oracle applications on a variety of technology platforms. This session will describe the industry, its challenges, and the steps HEUG is taking now to create coherence around Fusion Architecture. Attendees will learn what organizations in the higher education and research industry are doing now to innovate with Fusion Middleware and prepare for Fusion Applications, including user success stories; to create ROI strategies in advance of the release of Fusion Applications; and, to expand the impact and influence of the industry within Fusion Architecture development, including specific examples of how HEUG members are collaborating directly with Oracle.
Stock Market Analysis and Commentary for WE July 21 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the week-ending July 21, 2023
• US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak.
• It's the longest run of gains for the index since August 2017.
• Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting.
US stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017.
To close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data.
Meanwhile, investors will be watching to see what policymakers announce at next week's Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month's "skip."
A quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions."
Source - https://ca.finance.yahoo.com/news/us-stocks-trade-mixed-dow-040423917.html
Additional sources and links
Lithium - https://qz.com/bolivias-lithium-reserves-are-even-larger-than-it-previ-1850664027 or https://www.argusmedia.com/ja/news/2471480-chinas-li-carbonate-contracts-close-first-day-lower?amp=1
Global Inflation - https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
Global PMI - https://www.marketpulse.com/week-ahead/week-ahead-bracing-for-next-weeks-earnings-rate-decisions-and-major-economic-data/emoya
Oil Production - https://www.atalayar.com/en/articulo/economy-and-business/rising-us-shale-oil-production-defies-opec-s-oil-production-cutback-strategy/20230720154801188532.html
Natural Gas - https://www.investing.com/news/commodities-news/natural-gas-first-weekly-gain-for-july-amid-high-but-fluctuating-power-burns-3131449
Food Production - https://millermagazine.com/blog/igc-forecasts-record-grain-production-amid-challenges-5280
Ports and shipping - https://www.hellenicshippingnews.com/baltic-index-logs-10-weekly-drop-as-demand-for-larger-vessel-wilts-away/
Housing - https://www.nasdaq.com/articles/you-cant-control-the-housing-market-but-you-can-control-what-you-do-about-it
Geopolitical Risks - https://worldview.stratfor.com/
Technology - https://medium.com/@kalashbhadoriya7147/emerging-tech-trends-in-2023-unlocking-the-future-c910658bf0aa
ESG - https://www.esginvestor.net/what-cfos-need-to-know-about-future-esg-reporting-standards/
Manufacturing - https://www.nam.org/anheuser-busch-supports-partners-workers-27377/?stream=business-operations
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
This presentation is targeted to architecture professionals in the design industry. The presentation is divided into four parts. The first part describes the factors at play in the future of work in architecture. The second part outlines trends in the design process for architectural offices. The third, discusses the ways where human capital investment is needed based on both trend and factors in play for the industry in the future. Lastly, a positive outlook for the future of work in the sector is outlined.
Stock Market Analysis and Commentary for WE August 4 2023.pptxpaul young cpa, cga
Blog – Stock Market for the Week-Ending August 4, 2023
Summary:
Stocks flipped into the red Friday afternoon after looking set to rebound earlier in the session, putting the cap on a rough first few days in August as the jobs report's release took center stage and an earnings-heavy calendar continued.
The S&P 500 (^GSPC) finished down 0.5%, while the Dow Jones Industrial Average (^DJI) fell 0.4%. The tech-heavy Nasdaq Composite (^IXIC) slipped by 0.4% after gaining as much as 1% earlier in the session.
The S&P 500 and Nasdaq were both down more than 2% to end the first week of August trading.
The July jobs report showed continued cooling in the labor market, as nonfarm payrolls rose by 187,000 last month while the unemployment rate dipped slightly to 3.5%. The numbers will serve as a key indicator for the Fed as it determines whether to halt its interest rate hiking campaign next month.
Elsewhere, Amazon (AMZN) stock was buzzing Friday, finishing more than 8% after earnings beat all around, combined with rosy guidance for the near term. Apple (AAPL), by contrast, was down almost 5% after the iPhone maker reported sluggish sales of that flagship product and a third straight quarter of declining revenue overall.
Source - https://finance.yahoo.com/news/stocks-flip-to-losses-to-end-rough-week-amazon-surges-stock-market-news-today-200617333.html
Links and sources:
Lithium - https://source.benchmarkminerals.com/article/lithium-industry-needs-over-116-billion-to-meet-automaker-and-policy-targets-by-2030
USA – GDP - https://www.spglobal.com/marketintelligence/en/mi/research-analysis/us-monthly-gdp-index-for-june-2023.html
Supply chain - https://mba.ncsu.edu/2023/08/04/rob-handfield-discusses-how-governments-can-better-prepare-for-supply-chain-disruptions/
Global commodities - https://www.foodbusinessnews.net/articles/7-progressing-harvest-pulls-wheat-futures-to-four-month-lows
Oil Production - https://13wham.com/news/nation-world/gas-prices-jump-as-extreme-heat-and-oil-production-cuts-add-up-brent-crude-west-texas-intermediate-refineries-weather-opec-saudi-arabia-russia-war-in-ukraine-strategic-petroleum-reserve
Natural Gas - https://www.castanet.net/news/Business/440176/Construction-of-FortisBCs-Eagle-Mountain-Woodfibre-Gas-Pipeline-set-to-begin-in-Squamish
SEC - https://www.conference-board.org/press/press-release-ESG-backlash
Geopolitical risks and threats - https://worldview.stratfor.com/
Critical Metals - https://www.rechargenews.com/wind/global-offshore-wind-needs-reliable-resilient-affordable-critical-minerals-strategy/2-1-1496037
https://www.ipe.com/news/edhec-risk-concerned-about-availability-and-quality-of-esrs-disclosures/10068181.article
Manufacturing lags behind Digitalization - Canada - June 2017paul young cpa, cga
This presentation looks at digitalisation on manufacturing including how Canadian manufacturers are lagging behind the rest of world in adoption of digital strategy.
The presentation will look at all areas of digital manufacturing including IoT, robotics, 3-D printing and integratation of data analytics.
The Dow Jones Industrial Average (DJI) gained 1% or 344.23 points to close at 34,564.59. Twenty-seven components of the 30-stock index ended in the green, one remained unchanged, while two closed in the red.
The tech-heavy Nasdaq Composite lost 2% or 272.02 points to finish at 13,643.59, driven by a tech rally.
The S&P 500 climbed 1.1% or 49.14 points to end at 4,446.59. Nine of the 11 broad sectors of the benchmark index closed in the green.
Source - https://ca.movies.yahoo.com/stock-market-news-apr-14-125312682.html
Stock Market Analysis and Commentary for WE August 11 2023.pptxpaul young cpa, cga
Blog – Analysis of the Stock Market for WE August 11, 2023
Summary:
Stocks ended the session mixed on Friday as investors reacted to a report showing wholesale prices rose more than expected in July.
The Nasdaq fell 0.7% while the S&P 500 slipped 0.1%. The Dow Jones Industrial Average slid at the open but recovered to close up about 0.3%. The Dow was the only index to post gains for the week, rising 0.6%. The S&P 500 and Nasdaq both lost ground for the second week in a row, falling 0.3% and 1.9%, respectively.
The Producer Price Index (PPI) rose 0.3% last month after increasing 0.1% in June. Economists had expected wholesale inflation to rise, but only to 0.2%. Core PPI, which excludes volatile food and energy prices, also climbed 0.3%, up from 0.1% in June. The data comes a day after the Consumer Price Index rose 0.2% for the second straight month, a rate nearly consistent with the Fed's 2% inflation target
Source - https://www.investopedia.com/dow-jones-today-08112023-7642347
Links and sources:
Oil Production - https://foreignpolicy.com/2023/08/11/crude-oil-demand-opec-price-increase-china-saudi-arabia-russia/
Natural Gas - https://www.reuters.com/business/energy/us-drillers-cut-oil-gas-rigs-fifth-week-row-baker-hughes-2023-08-11/
Lithium - https://www.enverus.com/blog/direct-lithium-extraction-could-be-key-to-unlocking-domestic-supply/
Forestry - https://www.resourcewise.com/forest-products-blog/canadian-lumber-market-shrinking-could-europe-fill-gap
Mining - https://www.mining.com/mining-is-growing-rapidly-so-are-investor-state-disputes/
Inflation - https://www.bnnbloomberg.ca/charting-the-global-economy-us-stays-on-moderate-inflation-path-1.1958052
Housing - https://globalnews.ca/news/9890405/tiny-homes-pilot-late-2023-if-approved/
Technology - https://www.thedailystar.net/life-living/news/tech-trends-will-shape-our-future-3390151
Geopolitical - https://worldview.stratfor.com/
Economies - https://finance.yahoo.com/news/20-countries-highest-rate-economic-121800158.html or
Stock Market Analysis and Commentary for WE August 25 2023.pptxpaul young cpa, cga
Blog – Stock Market for the Week-Ending August 25 2023
Summary:
U.S. stocks rebounded from early losses Friday to finish in the green after Federal Reserve Chair Jerome Powell said the central bank is keeping its options open for more interest rate hikes this year.
The Nasdaq led stocks higher, gaining 0.9% to finish the week up 2.2%. The S&P 500 gained 0.7%, finishing 0.8% higher for the week. The Dow Jones Industrial Average also rose 0.7%, but fell 0.4% over the week.
Powell, speaking on day two of the Kansas City Fed's annual Jackson Hole symposium, said that while inflation had fallen from its peak, "it remains too high." He added, "We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective."
European stocks gave up gains in the afternoon but still finished slightly higher. Asian equities fell, with the Japanese Nikkei Index tumbling more than 2%.
Stocks sank yesterday despite another quarter of better-than-expected earnings from Nvidia (NVDA). The Nasdaq fell 1.9%, erasing Wednesday's big gains, while the S&P 500 lost 1.4% and the Dow Jones Industrial Average fell 1.1%.
Dow Rallies Following Powell Remarks
17 hr 18 min ago
After falling early in the session, the Dow Jones Industrial Average rallied to finish higher by 0.7%, or about 247 points, as investors shook off the remarks of Fed Chair Jerome Powell that indicated interest rates could remain high.
For the week, the index ended down about 0.4%, the Dow’s second straight weekly decline.
Boeing (BA) rose 2.8% to recover some of yesterday’s losses on reports it would need to delay deliveries of some 737 Max jets.
Salesforce (CRM) moved up 2% after filings showed it is one of several big tech companies, including Nvidia (NVDA) backing artificial intelligence startup Hugging Face. Other tech stocks helped fuel the index’s rally, including Intel (INTC), which also jumped 2%, and Apple (AAPL), up 1.3%.
Johnson & Johnson (JNJ) shares gained 1.4%, making up for some losses earlier in the week following its share swap with spin-off Kenvue.
Nike (NKE) shares gained 1.2%, breaking an 11-day losing streak—the longest in the company’s history.
Walgreens Boots Alliance (WBA) dipped 0.2%, making it the worst performer of the Dow 30 stocks during a session in which only five components fell. JPMorgan Chase (JPM) and Amgen (AMGN) both slipped 0.1%.
Source: https://www.investopedia.com/dow-jones-today-08252023-7852741
Links and sources:
Lithium - https://mexicobusiness.news/mining/news/lithium-consumers-need-stronger-lithium-supply-chain
Global GDP - https://fortune.com/2023/08/26/chinas-economy-deflation-growth-exporting-globally/
Commodities - https://www.barchart.com/story/news/19726406/drought-in-india-new-bull-market-in-ag-commodities-and-natural-gas-fundamentals
Manufacturing - https://www.business-standard.com/industry/news/opportunity-to-increas
What is up with the Stock Market for WE - April 14 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for Week-Ending April 14, 2023
Summary:
The Dow Jones Industrial Average fell Friday, but notched a positive week, as investors assessed a weak retail sales report that dented enthusiasm around a stronger-than-expected start to corporate earnings.
The 30-stock Dow
dropped 143.22 points, or about 0.42%, to 33,886.47. The S&P 500 fell 0.21% to 4,137.64. Meanwhile, the Nasdaq Composite
slid 0.35% to 12,123.47.
The Dow, however, notched its fourth-straight positive week, rising 1.2%. The S&P 500 and the Nasdaq, meanwhile, nabbed their fourth positive week in five. The broad-market index added 0.79% for the week, while the Nasdaq ticked higher by 0.29%.
Source - https://www.cnbc.com/2023/04/13/stock-market-today-live-updates.html
Additional Sources:
Lithium price and supply - https://www.investorsobserver.com/news/qm-news/4619971545111386
Oil Production - https://ca.finance.yahoo.com/news/us-import-prices-fall-more-130519523.html
LNG Production - https://www.investorsobserver.com/news/qm-pr/8458744909354243
GDP Growth - https://www.weforum.org/agenda/2023/04/imf-global-growth-weakest-in-30-years-top-economics-news-2023/
Sustainability and ESG - https://www.pionline.com/esg/sustainable-development-goals-are-slipping-our-grasp-un-official-warns
Food security and costs - https://www.vision.org/global-problems-global-solutions-part-3-what-shall-we-eat-and-drink-9418 or https://www.arabnews.com/node/2286996/business-economy
Housing - https://www.abc.net.au/news/2023-04-15/australia-economic-problems-inflation-housing-recession-solution/102225108
Technology trends - https://www.entrepreneur.com/leadership/the-top-5-challenges-for-tech-leaders-in-2023/449118 or https://markets.businessinsider.com/news/stocks/ai-labor-market-linkedin-economist-jobs-unemployment-chatgpt-fed-interest-2023-4
Global Debt - https://newsus.cgtn.com/news/2023-04-15/IMF-and-the-World-Bank-address-world-debt-issues--1j0EmFTZ4oU/index.html
Supply chain - https://www.scmr.com/article/dhl_supply_chain_facility_is_showcasing_how_automation_humans_can_coexist
Innovation - https://www.geekwire.com/2023/heres-how-startups-can-position-themselves-against-big-tech-in-the-generative-ai-race/
Stock Market Analysis and Commentary for WE August 18 2023.pptxpaul young cpa, cga
Summary:
US stocks recovered from steep early losses in Friday's session but ended the week with sharp drops as an August swoon continued for Wall Street.
The Dow Jones Industrial Average (^DJI) finished slightly above the flatline, while the S&P 500 (^GSPC) fell slightly on the other side of it. The tech-heavy Nasdaq Composite (^IXIC) was down a modest 0.2% lower after three consecutive days of sharp losses.
For the week, the S&P 500 and Nasdaq each saw losses of around 2%.
Meanwhile, the 10-year Treasury yield (^TNX) fell slightly Friday to around 4.25% but remained near recent highs.
The moves come as investors consider the prospect that interest rates could remain higher for longer after Federal Reserve minutes this week showed the central bank wouldn't rule out further hikes. The next clue on the Fed's next move will come from Chair Jay Powell, who is set to give a speech next Friday at the annual Jackson Hole Economic Policy Symposium.
Source: https://finance.yahoo.com/news/stocks-crawl-back-to-close-rough-week-on-mixed-note-stock-market-news-today-200046956.html
Additional links and sources:
Agriculture - https://www.agriculture.com/grain-markets-on-the-up-or-august-18-2023-7692855
Lithium - https://finance.yahoo.com/news/lithium-metal-market-reach-13-140500079.html
Oil Production - https://oilprice.com/Energy/Energy-General/Rig-Count-Decline-Accelerates-Amid-Rising-US-Crude-Oil-Production.html
Natural Gas - https://www.dw.com/en/lng-supplies-why-europe-is-spooked-by-australian-strike/a-66567877
Ports - https://www.hapag-lloyd.com/en/services-information/operational-updates/north-america.html
Steel - https://www.barchart.com/story/news/19378449/aisi-us-raw-steel-production-surged
Technology - https://www.crn.com/news/channel-news/6-key-takeaways-about-it-spending-in-2023-so-far-idc or https://siliconangle.com/2023/08/18/week-enterprise-gen-ai-hype-cybersecurity-leaders-laggards-cisco-tech-spending-boost/
ESG - https://www.nasdaq.com/articles/does-it-matter-what-investors-think-about-esg
Manufacturing - https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html
Housing - https://storeys.com/canada-home-prices-moderate-affordability/
Food - http://www.fnbnews.com/Top-News/addressing-three-key-contradictions-in-the-food-sector-farmers-food-surplus--climate-change-solutions-74156
Geopolitical - https://worldview.stratfor.com/
Commodities - https://www.northernminer.com/analysis/commodity-investing-the-antidote-to-the-age-of-scarcity/1003857836/
Stock Market Analysis and Commentary for WE July 14 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the Week-Ending July 14 2023
Summary:
Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the Healthcare, Consumer Goods and Technology sectors led shares higher while losses in the Oil & Gas, Telecoms and Basic Materials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average added 0.33% to hit a new 6-months high, while the S&P 500 index declined 0.10%, and the NASDAQ Composite index lost 0.18%.
The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 7.27% or 32.56 points to trade at 480.31 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 0.99% or 1.05 points to end at 107.37 and Coca-Cola Co (NYSE:KO) was up 0.94% or 0.57 points to 60.92 in late trade.
The worst performers of the session were Chevron Corp (NYSE:CVX), which fell 2.50% or 3.93 points to trade at 153.58 at the close. Dow Inc (NYSE:DOW) declined 2.38% or 1.29 points to end at 52.92 and Cisco Systems Inc (NASDAQ:CSCO) was down 2.25% or 1.16 points to 50.37.
Source - https://www.investing.com/news/stock-market-news/us-stocks-mixed-at-close-of-trade-dow-jones-industrial-average-up-033-3126281
Other sources and links:
Lithium - https://qz.com/1292202/china-now-effectively-controls-half-the-worlds-lithium-production
Inflation - https://ca.finance.yahoo.com/news/global-markets-wall-st-climbs-181412102.html
Mid year trends - https://www.jpmorgan.com/insights/outlook/economic-outlook/economic-trends
Technology - https://formtek.com/blog/technology-top-trends-for-2023/
ESG and Mining - https://www.mining.com/a-new-era-of-esg-reporting-what-miners-need-to-know-about-the-issb-standards/
Geopolitical issues and threats - https://worldview.stratfor.com/
Oil - https://www.yourbasin.com/news/local-news/increasing-u-s-oil-production-helps-keeps-crude-price-stable/
Natural Gas - https://www.fxempire.com/forecasts/article/natural-gas-forecast-stuggling-with-mixed-weather-outlook-lng-maintenance-1361232
Housing - https://www.village-life.ca/real-estate/these-are-the-most-affordable-cities-to-buy-real-estate-in-ontario-right-now-7277644 or https://www.nahb.org/news-and-economics/press-releases/2023/07/nahb-tells-congress-how-excessive-regulations-and-codes-harm-housing-affordability
Water crisis - https://www.newarab.com/opinion/why-us-blockade-blame-cubas-water-crisis
Critical metals - https://www.bnnbloomberg.ca/canada-to-speed-up-critical-minerals-permits-in-bid-to-erode-china-s-dominance-1.1945836
Inflation - https://www.socialistalternative.org/2023/07/14/a-new-economic-era-now-with-high-inflation/
Supply chain - https://consumergoods.com/how-ai-and-machine-learning-changing-way-we-manage-supply-chain or https://www.thetechoutlook.com/press-release/nexterus-discusses-how-shippers-can-keep-their-supply-chains-moving-when-carriers-go-out-of-business-ports-close-the-potential-ups-strike-and-other-issues/
The Emerging IT Landscape and the IT GRC and Security Professional Tokunbo Taiwo
A presentation made by Mr. Tokunbo Taiwo (Principal Consultant/CEO, Safe Sail Consulting Ltd.) at the ISACA Lagos 2016 National Conference on December 1 2016.
The theme of the conference was “Driving Economic Growth through Information Technology”
The presentation identifies opportunities, risks and controls around the emerging fields of Big Data, Cloud, Mobile and Cybersecurity.
It discusses existing skills gaps and how they can be filled.
Attention is given to the impact of these fields on job creation, national security and productivity.
It also provides reference to useful ISACA tools.
IT Governance, Risk Security and Compliance professionals would find this useful
What is up with the Stock Market for WE - April 22, 2023.pptxpaul young cpa, cga
Blog - Blog - Stock Market Analysis for the WE April 21 2023
Summary:
Stocks closed slightly higher on Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week.
The S&P 500 (^GSPC) rose 0.09%, while the Dow Jones Industrial Average (^DJI) rose 23.99 points, or 0.07%. The technology-heavy Nasdaq Composite (^IXIC) rose 0.11%.
All three major averages closed the week lower. The Dow had its worst week in six weeks, snapping a 4-week win streak
Source: https://www.cnbc.com/2023/04/20/stock-market-today-live-updates.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html
Fusion architecture higher education and research industry perspectiveTed Simpson
This session focuses on how the Higher Education User Group (HEUG) is working to educate its membership around the world about Fusion Architecture. The industry includes a diverse set of organizations using a variety of Oracle applications on a variety of technology platforms. This session will describe the industry, its challenges, and the steps HEUG is taking now to create coherence around Fusion Architecture. Attendees will learn what organizations in the higher education and research industry are doing now to innovate with Fusion Middleware and prepare for Fusion Applications, including user success stories; to create ROI strategies in advance of the release of Fusion Applications; and, to expand the impact and influence of the industry within Fusion Architecture development, including specific examples of how HEUG members are collaborating directly with Oracle.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
31. Victoria Polytechnic’s "Project 100"
was described by judges as,
"a benchmark model that sets the
highest standards for modern
blended learning. It achieves great
results in providing the highest
quality of education."