What is next for the Forestry Sector and Lumber Production - June 2023.pptxpaul young cpa, cga
Blog – Forestry Sector Analysis and Commentary – June 2023
Summary:
Lumber prices continue to see wild swings in terms of prices.
Housing starts for Canada continue to show slow growth.
Biodiversity policies by various levels of government continue to put pressure on the forestry sector tree inventory management.
Forestry sector continues to look at ways to embrace automation and AI as part of their overall forestry operations.
Profitability and asset optimization are key focus areas by the forestry sector.
Additional links and sources:
Mitigating forest fires - https://news.northeastern.edu/2023/06/02/forest-fire-risk-prediction/
Geospatial - https://www.gim-international.com/content/news/harnessing-geospatial-ai-for-forest-conservation
Reforestration - https://eos.com/blog/reforestation/
Investment Funds - https://www.globalaginvesting.com/folium-launches-regenerative-natural-resource-fund-folium-fund-iii/
Lumber Production - https://www.lesprom.com/en/news/Canadian_lumber_production_rises_in_March_107994/
Price of Lumber - https://www.rockethomes.com/blog/housing-market/lumber-prices
Biodiversity - https://www.business.hsbc.com/en-gb/insights/sustainability/the-evolution-of-corporate-behaviour-to-tackle-biodiversity-challenges
Automation - https://www.vancouverisawesome.com/resources-agriculture/robots-the-wave-of-a-digitized-forest-industry-future-7004653
Vegetation - https://www.euronews.com/green/2023/05/25/utrechts-new-vertical-forest-will-be-home-to-10000-plants-and-trees-how-will-residents-ben
Tree Planting - https://www.upworthy.com/this-is-really-cool-u-s-announces-they-are-quadrupling-the-number-of-new-trees-to-be-planted
Forestry and AI - https://www.globalwoodmarketsinfo.com/potential-of-ai-in-the-wood-processing-industry/
Housing Starts - https://globalrubbermarkets.com/2023/06/03/canadas-slowing-home-building-is-bad-news-for-buyers-and-trudeau-2/
Commodities - https://www.spglobal.com/marketintelligence/en/mi/research-analysis/weekly-pricing-pulse-commodity-selloff-data-disapoint.html
Durable Goods and Capital Spending - United States and the World - May 2023.pptxpaul young cpa, cga
Blog – Durable Goods and Capital Spending Analysis and Commentary – June 2023
Summary:
The monthly increase in durable goods orders was $4.9 billion and was largely driven by transportation equipment that was up for the third consecutive month, the U.S. Census Bureau said in the report.
The core durable goods section, which excludes the volatile transportation sector, was up 0.6% in May versus the expected drop of 0.1%. Excluding defense, new orders rose 3%.
The government’s durables report covers items with an expected life of at least three years, such as kitchen appliances, computers, furniture, autos, and airplanes. Economists carefully watch the data for signs of where the economy might be heading.
Despite the stronger-than-expected report, analysts still see weakness in investment to come.
“The wider evidence still suggests that business equipment investment has further to fall,” said Capital Economics deputy chief U.S. economist Andrew Hunter. “While the drag from higher rates on residential investment appears to be fading, we still think the hit to business investment has further to run.”
Source: https://www.kitco.com/news/2023-06-27/U-S-durable-goods-beat-expectations-in-May-gold-price-keeps-its-daily-gains.html
Additional sources and links:
Economic outlook - https://www.advisorperspectives.com/articles/2023/06/26/deduction-index-economic-and-market-swedroe?utm_source=articles_feed&utm_medium=rss&utm_campaign=item_link
Equity Market - https://www.blackrock.com/us/individual/insights/taking-stock-quarterly-outlook
Machine tools orders - https://www.amtonline.org/article/us-cutting-tool-orders-totaled-usd190-0-million-in-april-2023-bringing-year
Automation - https://techjury.net/blog/jobs-lost-to-automation-statistics/ or Blog – Top Six reasons to step up Business Automation - https://www.linkedin.com/posts/paul-young-055632b_six-reasons-not-to-let-economic-uncertainty-activity-7079137391667515392-MV7v?utm_source=share&utm_medium=member_desktop
Construction costs - https://www.on-sitemag.com/construction/construction-costs-remain-problematic/1003979723/
Infrastructure - https://www.contractornews.com/673/government-infrastructure-spending-bolsters-construction-industry
Sustainable Financing - https://about.bankofamerica.com/en/making-an-impact/sustainable-finance
Mitigation - https://www.reuters.com/world/europe/lack-funds-risks-europe-missing-climate-goals-auditors-say-2023-06-26/
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
Manufacturing Sector – Canada and the United States – July 2023.pptxpaul young cpa, cga
Global factory activity took a further turn for the worse in July, private surveys showed on Tuesday, a sign slowing growth and weakness in China were taking a toll on the world economy.
The downturn highlights the dilemma for policymakers who embarked on aggressive tightening cycles in a battle to keep inflation at bay and yet also need to try and forestall potential recessions.
Source - https://www.msn.com/en-ca/money/topstories/world-factory-activity-shrinks-as-china-slowing-growth-take-toll/ar-AA1eD03H
Additional sources and links:
Lithium - https://www.sharecafe.com.au/2023/08/04/lithium-commodity-market-report/
Oil Production - https://www.reuters.com/business/energy/oil-prices-set-sixth-weekly-gain-producers-pledge-output-cuts-2023-08-04/
Natural Gas Production - https://www.wsj.com/articles/natural-gas-edges-higher-staying-in-2-500-2-800-range-e348ab95
Food security and supply - https://www.chinadaily.com.cn/a/202308/04/WS64cc58f0a31035260b81a4bb.html
Lumber - https://biv.com/article/2023/08/lumber-prices-stabilize-demand-softwood-remains-strong
Steel - https://www.hellenicshippingnews.com/iron-ore-slump-widens-as-china-demand-concerns-mount/
Tech - https://www.indianretailer.com/article/technology/digital-trends/how-technology-will-transform-manufacturing-sector-by-2025.a7020
ESG and manufacturing - https://sustainablereview.com/demystifying-esg-what-it-means-and-why-you-should-care/
Australia and GDP - https://sustainablereview.com/demystifying-esg-what-it-means-and-why-you-should-care/
UK - https://www.thetimes.co.uk/article/uk-manufacturers-suffer-worst-month-since-may-2020-h60rfb3zz
What is up with the Stock Market for WE - May 12 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis and Commentary for the WE May 12, 2023
Summary:
U.S. stocks closed lower on Thursday dragged down by Disney as the company reported a sharp decline in subscribers, while concerns around regional banks once again grew, denting investors’ confidence. The S&P 500 and Dow ended in negative territory but the Nasdaq closed in the green.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) fell 0.7% or 221.82 points to finish at 33,309.51 points.
The S&P 500 declined 0.2% or 7.02 points to end at 4,130.82 points. Energy, utilities and materials stocks were the worst performers.
]The Energy Select Sector SPDR (XLE) and Utilities Select Sector SPDR (XLU) declined 1.2% and 1%, respectively. The Real Estate Select Sector SPDR (XLRE) and Materials Select Sector SPDR (XLB) also lost 1% each. Eight of the 11 sectors of the benchmark index ended in negative territory.
The tech-heavy Nasdaq rose 0.2% or 22.06 points to close at 12,328.50 points.
The fear-gauge CBOE Volatility Index (VIX) was down 0.06% to 16.93. Decliners outnumbered advancers on the NYSE by a 2.27-to-1 ratio. On Nasdaq, a 1.67-to-1 ratio favored declining issues. A total of 10.05 billion shares were traded on Thursday, lower than the last 20-session average of 10.69 billion.
Source: https://ca.finance.yahoo.com/news/stock-market-news-may-12-133001363.html
What is next for the Forestry Sector and Lumber Production - June 2023.pptxpaul young cpa, cga
Blog – Forestry Sector Analysis and Commentary – June 2023
Summary:
Lumber prices continue to see wild swings in terms of prices.
Housing starts for Canada continue to show slow growth.
Biodiversity policies by various levels of government continue to put pressure on the forestry sector tree inventory management.
Forestry sector continues to look at ways to embrace automation and AI as part of their overall forestry operations.
Profitability and asset optimization are key focus areas by the forestry sector.
Additional links and sources:
Mitigating forest fires - https://news.northeastern.edu/2023/06/02/forest-fire-risk-prediction/
Geospatial - https://www.gim-international.com/content/news/harnessing-geospatial-ai-for-forest-conservation
Reforestration - https://eos.com/blog/reforestation/
Investment Funds - https://www.globalaginvesting.com/folium-launches-regenerative-natural-resource-fund-folium-fund-iii/
Lumber Production - https://www.lesprom.com/en/news/Canadian_lumber_production_rises_in_March_107994/
Price of Lumber - https://www.rockethomes.com/blog/housing-market/lumber-prices
Biodiversity - https://www.business.hsbc.com/en-gb/insights/sustainability/the-evolution-of-corporate-behaviour-to-tackle-biodiversity-challenges
Automation - https://www.vancouverisawesome.com/resources-agriculture/robots-the-wave-of-a-digitized-forest-industry-future-7004653
Vegetation - https://www.euronews.com/green/2023/05/25/utrechts-new-vertical-forest-will-be-home-to-10000-plants-and-trees-how-will-residents-ben
Tree Planting - https://www.upworthy.com/this-is-really-cool-u-s-announces-they-are-quadrupling-the-number-of-new-trees-to-be-planted
Forestry and AI - https://www.globalwoodmarketsinfo.com/potential-of-ai-in-the-wood-processing-industry/
Housing Starts - https://globalrubbermarkets.com/2023/06/03/canadas-slowing-home-building-is-bad-news-for-buyers-and-trudeau-2/
Commodities - https://www.spglobal.com/marketintelligence/en/mi/research-analysis/weekly-pricing-pulse-commodity-selloff-data-disapoint.html
Durable Goods and Capital Spending - United States and the World - May 2023.pptxpaul young cpa, cga
Blog – Durable Goods and Capital Spending Analysis and Commentary – June 2023
Summary:
The monthly increase in durable goods orders was $4.9 billion and was largely driven by transportation equipment that was up for the third consecutive month, the U.S. Census Bureau said in the report.
The core durable goods section, which excludes the volatile transportation sector, was up 0.6% in May versus the expected drop of 0.1%. Excluding defense, new orders rose 3%.
The government’s durables report covers items with an expected life of at least three years, such as kitchen appliances, computers, furniture, autos, and airplanes. Economists carefully watch the data for signs of where the economy might be heading.
Despite the stronger-than-expected report, analysts still see weakness in investment to come.
“The wider evidence still suggests that business equipment investment has further to fall,” said Capital Economics deputy chief U.S. economist Andrew Hunter. “While the drag from higher rates on residential investment appears to be fading, we still think the hit to business investment has further to run.”
Source: https://www.kitco.com/news/2023-06-27/U-S-durable-goods-beat-expectations-in-May-gold-price-keeps-its-daily-gains.html
Additional sources and links:
Economic outlook - https://www.advisorperspectives.com/articles/2023/06/26/deduction-index-economic-and-market-swedroe?utm_source=articles_feed&utm_medium=rss&utm_campaign=item_link
Equity Market - https://www.blackrock.com/us/individual/insights/taking-stock-quarterly-outlook
Machine tools orders - https://www.amtonline.org/article/us-cutting-tool-orders-totaled-usd190-0-million-in-april-2023-bringing-year
Automation - https://techjury.net/blog/jobs-lost-to-automation-statistics/ or Blog – Top Six reasons to step up Business Automation - https://www.linkedin.com/posts/paul-young-055632b_six-reasons-not-to-let-economic-uncertainty-activity-7079137391667515392-MV7v?utm_source=share&utm_medium=member_desktop
Construction costs - https://www.on-sitemag.com/construction/construction-costs-remain-problematic/1003979723/
Infrastructure - https://www.contractornews.com/673/government-infrastructure-spending-bolsters-construction-industry
Sustainable Financing - https://about.bankofamerica.com/en/making-an-impact/sustainable-finance
Mitigation - https://www.reuters.com/world/europe/lack-funds-risks-europe-missing-climate-goals-auditors-say-2023-06-26/
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
Manufacturing Sector – Canada and the United States – July 2023.pptxpaul young cpa, cga
Global factory activity took a further turn for the worse in July, private surveys showed on Tuesday, a sign slowing growth and weakness in China were taking a toll on the world economy.
The downturn highlights the dilemma for policymakers who embarked on aggressive tightening cycles in a battle to keep inflation at bay and yet also need to try and forestall potential recessions.
Source - https://www.msn.com/en-ca/money/topstories/world-factory-activity-shrinks-as-china-slowing-growth-take-toll/ar-AA1eD03H
Additional sources and links:
Lithium - https://www.sharecafe.com.au/2023/08/04/lithium-commodity-market-report/
Oil Production - https://www.reuters.com/business/energy/oil-prices-set-sixth-weekly-gain-producers-pledge-output-cuts-2023-08-04/
Natural Gas Production - https://www.wsj.com/articles/natural-gas-edges-higher-staying-in-2-500-2-800-range-e348ab95
Food security and supply - https://www.chinadaily.com.cn/a/202308/04/WS64cc58f0a31035260b81a4bb.html
Lumber - https://biv.com/article/2023/08/lumber-prices-stabilize-demand-softwood-remains-strong
Steel - https://www.hellenicshippingnews.com/iron-ore-slump-widens-as-china-demand-concerns-mount/
Tech - https://www.indianretailer.com/article/technology/digital-trends/how-technology-will-transform-manufacturing-sector-by-2025.a7020
ESG and manufacturing - https://sustainablereview.com/demystifying-esg-what-it-means-and-why-you-should-care/
Australia and GDP - https://sustainablereview.com/demystifying-esg-what-it-means-and-why-you-should-care/
UK - https://www.thetimes.co.uk/article/uk-manufacturers-suffer-worst-month-since-may-2020-h60rfb3zz
What is up with the Stock Market for WE - May 12 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis and Commentary for the WE May 12, 2023
Summary:
U.S. stocks closed lower on Thursday dragged down by Disney as the company reported a sharp decline in subscribers, while concerns around regional banks once again grew, denting investors’ confidence. The S&P 500 and Dow ended in negative territory but the Nasdaq closed in the green.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) fell 0.7% or 221.82 points to finish at 33,309.51 points.
The S&P 500 declined 0.2% or 7.02 points to end at 4,130.82 points. Energy, utilities and materials stocks were the worst performers.
]The Energy Select Sector SPDR (XLE) and Utilities Select Sector SPDR (XLU) declined 1.2% and 1%, respectively. The Real Estate Select Sector SPDR (XLRE) and Materials Select Sector SPDR (XLB) also lost 1% each. Eight of the 11 sectors of the benchmark index ended in negative territory.
The tech-heavy Nasdaq rose 0.2% or 22.06 points to close at 12,328.50 points.
The fear-gauge CBOE Volatility Index (VIX) was down 0.06% to 16.93. Decliners outnumbered advancers on the NYSE by a 2.27-to-1 ratio. On Nasdaq, a 1.67-to-1 ratio favored declining issues. A total of 10.05 billion shares were traded on Thursday, lower than the last 20-session average of 10.69 billion.
Source: https://ca.finance.yahoo.com/news/stock-market-news-may-12-133001363.html
How to fix the Governance model for Government (Public Sector).pptxpaul young cpa, cga
Summary:
I have written many presentations and blogs over the years on transforming the public sector. The public sector needs to reform its model including stronger crisis and risk management planning and analysis, creating new a compliance group that ensures all oversight agencies are free from partisan policies, governments need to learn to live within its means, all program spending should undertake a program review, taxation focus should be on tax fairness, policies should address issues like wage reform or pension reform or other reforms.
Last week, natural gas prices rallied about 6.9% in what was the best 5-day period since the middle of June. Yet, despite this performance, you can barely notice a change in meaningful trend on the daily chart below. The heating commodity remains broadly range-bound ever since prices stabilized around November.
While natural gas eventually broke above the falling trendline from August, meaningful upside progress has been lacking. Broadly speaking, the heating commodity remains stuck in a broad range between 1.967 and 3.027. Until a breakout is seen in either direction, the technical outlook remains mostly neutral.
Source - https://www.dailyfx.com/analysis/natural-gas-price-technical-outlook-best-week-since-mid-june-where-to-20230723.html
Other links and sources:
LNG - https://www.reuters.com/sustainability/climate-energy/naturgys-profit-rises-lng-gains-soothing-shareholders-2023-07-24/
Hydrogen - https://www.spglobal.com/commodityinsights/en/market-insights/blogs/energy-transition/072423-renewable-natural-gas-and-hydrogen-fuels-of-the-future-for-transportation-decarbonization
Capital Spending - https://financialpost.com/globe-newswire/tc-energy-partners-with-global-infrastructure-partners-through-5-2-billion-sale-of-a-40-per-cent-equity-interest-in-columbia-gas-and-columbia-gulf
Natural Gas - https://www.thenationalnews.com/business/comment/2023/07/24/geopolitical-uncertainty-triggers-shift-in-global-gas-corridors/
LNG / Mexico - https://www.lngindustry.com/liquid-natural-gas/24072023/mexico-pacific-and-government-of-sonora-sign-collaboration-agreement/
Canada and Natural Gas - https://www.jwnenergy.com/article/2023/7/24/managing-in-volatile-commodity-markets/
ESG and Natural Gas - https://www.onegas.com/news/press-release-details/2023/ONE-Gas-2023-ESG-Report-Highlights-Progress-on-Emissions-Reduction-and-Industry-Leading-Safety/default.aspx
Grid - https://indianacapitalchronicle.com/2023/07/24/winter-is-coming-and-the-u-s-grid-remains-vulnerable-to-power-plant-failure/
Durable Goods and Capital Spending - United States and the World - April 2023...paul young cpa, cga
Blog – Durable Goods and Capital Spending – USA and the World – May 2023
Summary:
A report released by the Commerce Department on Friday unexpectedly showed a continued surge in new orders for U.S. manufactured durable goods in the month of April.
The Commerce Department said durable goods orders jumped by 1.1 percent in April after spiking by 3.3 percent in March. The continued increase surprised economists, who had expected durable goods orders to slump by 1.0 percent.
Orders for transportation equipment led the way higher once again, shooting up by 3.7 percent in April after soaring by 9.9 percent in March.
Excluding orders for transportation equipment, durable goods orders dipped by 0.2 percent in April after rising by 0.3 percent in March. Economists had expected ex-transportation orders to edge down by 0.1 percent.
Source - https://www.nasdaq.com/articles/u.s.-durable-goods-orders-unexpectedly-jump-1.1-in-april
Additional sources/links:
Capital spending outlook - https://ca.sports.yahoo.com/news/strong-corporate-earnings-helping-us-003840096.html
ESG - https://www.grantthornton.com/events-and-webcasts/esg/2023/06-06-impacts-to-us-entities-and-how-to-prepare
Drones and AI - https://ts2.space/en/autonomous-drones-how-ai-is-shaping-the-future-of-unmanned-flight/ or https://www.einnews.com/pr_news/635419313/global-drone-inspection-and-monitoring-market-to-grow-at-rate-of-15-8-through-2030
Infrastructure spending – https://www.bworldonline.com/top-stories/2023/05/26/524969/infrastructure-spending-declines-by-16-5-in-march/
Storm surge mitigation - https://www.ktbs.com/weather/hurricane-tracker/construction-to-begin-on-long-term-project-to-prevent-storm-surge-and-help-coastal-parishes/article_fbd541fe-fb9e-11ed-ad82-c32a504c8175.html
Power Grid - https://www.reuters.com/business/energy/siemens-energy-plans-us-power-grids-push-tap-into-ira-boost-2023-05-25/
IT spending - https://www.gartner.com/en/newsroom/press-releases/2023-05-24-gartner-forecasts-worldwide-government-it-spending-to-grow-8-percent-in-2023
Asset performance - https://tech.einnews.com/pr_news/635120886/asset-performance-management-market-driven-by-need-for-predictive-maintenance-solutions-reaching-usd-7-52-bn-by-2027
Optimization - https://quandarycg.com/how-to-cut-costs-while-increasing-efficiency-in-your-business/
Stock Market Analysis and Commentary for WE July 1 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis and Commentary for the week-ending June 30 2023
Stocks climbed Friday, ending a strong first half on a high note amid more signs of cooling from the Federal Reserve's preferred inflation gauge.
The S&P 500 (^GSPC) rose 1.2%, while the Dow Jones Industrial Average (^DJI) rose over 300 points, or just under 1%. The Nasdaq Composite (^IXIC) added 1.5%.
All three major stock benchmarks logged strong performances for both the year's second quarter and first half. The Nasdaq is up more than 30% since the start of the year, according to Yahoo Finance data. That represented its best first half of the year since 1983, according to data from Bespoke Investment.
The benchmark S&P 500 has gained around 16%, while the Dow has put up a more modest 4% gain.
On Friday, the Fed's preferred inflation index showed prices rose 3.8% in May on a year-over-year basis, down from a 4.4% year-over-year jump in April. And from April to May, prices ticked up just 0.1%.
The data comes after a surprise upward revision to first-quarter GDP showed the US economy is a lot stronger than Wall Street thought. Growing faith in that strength has helped drive this year's rally in stocks, even though that resilience likely means rates will stay higher for longer.
https://ca.news.yahoo.com/stock-market-news-live-updates-today-june-30-2023-104026486.html
Additional sources and links:
Lithium - https://www.kitco.com/news/2023-06-30/Why-direct-lithium-extraction-is-the-critical-mineral-sector-s-needed-technology.html
Metals - https://www.fastmarkets.com/insights/steel-decarbonization-economic-opportunity-not-government-regulation
Oil Production - https://www.reuters.com/business/energy/opec-oil-output-posts-small-drop-june-ahead-saudi-cut-reuters-survey-2023-06-30/
Natural gas - https://www.naturalgasworld.com/us-drillers-cut-oil-and-gas-rigs-for-ninth-week-in-a-row-baker-hughes-105911 or https://www.naturalgasintel.com/european-natural-gas-consumption-continues-to-plummet/
Food - https://www.foodbusinessnews.net/articles/7-progressing-harvest-pulls-wheat-futures-to-four-month-lows
Inflation - https://www.aljazeera.com/program/counting-the-cost/2023/7/1/inflation-is-slowing-but-why-is-the-fight-against-it-ramping-up
PMI - https://www.reuters.com/markets/asia/chinas-june-factory-activity-falls-third-straight-month-pmi-2023-06-30/
Housing - https://www.benzinga.com/trading-ideas/long-ideas/23/06/33082977/sofi-shows-wild-price-action-after-supreme-court-axes-student-loan-forgiveness-the-bull-
ESG - https://carboncredits.com/issb-first-global-climate-and-sustainability-esg-reporting-standards/
Geopolitical risks - https://worldview.stratfor.com/
Debt - https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/cracks-appear-in-us-economy-as-debt-delinquencies-creep-up-76020170?utm_medium=referral&utm_source=marketo&utm_campaign=MS-2306-PC-GL-CT-RASS-All-SYN-Debt-reckoning
Stock Market Analysis and Commentary for WE June 23 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the Week-Ending June 23 2023
Stocks fell on Friday, with all major averages ending the week lower as investors come to terms with the prospect of more interest-rate hikes ahead from the Federal Reserve.
The S&P 500 (^GSPC) dropped 0.76%, while the Dow Jones Industrial Average (^DJI) slipped 218 points, or 0.64%. The tech-heavy Nasdaq Composite (^IXIC) led the declines, falling 1.01%. The Nasdaq had its first weekly loss in the last eight, while the S&P 500 snapped a five-week win streak.
Fed Chair Jerome Powell doubled down on his view on Thursday that more rate increases are needed to temper inflation, joining a global chorus of hawkish central banks.
That's revived some worries about the potential hit to economies, though Treasury Secretary Janet Yellen said she now sees a lower risk of US recession. But a red-hot reading in a key gauge of Japanese inflation has underlined the pressures on policymakers.
Source - https://finance.yahoo.com/news/stock-market-news-live-updates-today-june-23-2023-094710905.html
Additional links and sources:
Lithium - https://foreignpolicy.com/2023/06/23/chile-boric-lithium-strategy-minerals-industry-green-energy-batteries/ or https://www.autonews.com/suppliers/lithium-suppliers-sound-alarm-about-meeting-future-ev-demand
Oil Production - https://oilprice.com/Energy/Energy-General/US-Oil-Drilling-Slow-Down-Continues.html
Natural Gas - https://www.bloomberg.com/news/articles/2023-06-24/oil-giants-from-shell-to-chevron-say-gas-here-to-stay-for-green-transition#xj4y7vzkg
Lumber - https://www.lesprom.com/en/news/Sawmill_industry_globally_faces_challenging_markets_in_coming_years_108349/
Cobalt vs nickel - https://www.theglobeandmail.com/investing/markets/indices/DOWI/pressreleases/17971142/forget-cobalt-this-metal-is-the-investment-for-the-ev-and-green-revolutions/
Critical metals - https://www.reuters.com/business/autos-transportation/ev-batteries-lithium-iron-phosphate-narrows-gap-with-nickel-cobalt-2023-06-22/
Water - https://www.dupont.com/water/
Food Production - https://www.fooddive.com/news/five-emerging-technologies-set-to-transform-the-global-food-system/653680/
Geopolitical risks and threats - https://www.geopoliticalmonitor.com/
Inflation - https://seekingalpha.com/article/4613395-with-the-global-economy-growing-at-a-moderate-pace-inflation-will-gradually-subside
Debt - https://euobserver.com/green-economy/157183
Supply chain - https://www.capgemini.com/ca-en/insights/research-library/how-greater-intelligence-could-supercharge-supply-chains/
PMI - https://seekingalpha.com/article/4613403-flash-pmi-data-june-signal-cooler-global-price-trends-amid-mounting-growth-risks
ESG - https://www.responsible-investor.com/in-the-loop-standards-shareholder-proposal-overload-and-cage-fights/
What is next for the Stock Market for the W/E January 7, 2022paul young cpa, cga
Stock Markets
Markets around the world remain jittery due to many factors like high inflation, increase case counts from omicron, global trade protectionism, and other geopolitical events.
The markets could see slower growth in 2022 in the range of 5-6%. Slower market growth will have an impact on pension funds and other assets holdings.
1. Stock Market - https://www.investors.com/news/economy/jobs-report-soft-hiring-but-unemployment-rate-dives-dow-jones-futures-fall/
2. Geopolitical risks - https://www.ausbiz.com.au/media/the-top-three-geopolitical-risks-for-2022?videoId=18420
3. USA build back better - https://www.economy.com/economicview/analysis/387186
4. Insurance - https://www.canadianunderwriter.ca/insurance/insurance-isnt-enough-governments-need-to-do-better-on-natural-disaster-resilience-1004216098/
5. ESG - https://www.mondaq.com/unitedstates/securities/1148324/paper-debunks-seven-myths-of-esg
6. GDP risk - https://www.bloomberg.com/news/articles/2022-01-07/india-on-track-to-post-world-beating-growth-amid-virus-risks
7. Inflation - https://www.bloomberg.com/news/newsletters/2022-01-07/what-s-happening-in-the-world-economy-the-inflation-shock-may-be-slowing
8. Climate change and viruses - https://blogs.timesofisrael.com/we-will-beat-neither-covid-nor-climate-change-on-our-own/
9. China - https://thehill.com/opinion/international/588783-the-china-tightrope-and-other-trade-developments-that-will-define-2022
10. Commodity Price Risk - https://thehill.com/opinion/international/588783-the-china-tightrope-and-other-trade-developments-that-will-define-2022
Blog – Public Sector – Fiscal Performance – Canada
Ontario Finances
Next week’s Ontario budget is a critical one for the Ford government. It will have to balance another six months of COVID costs with a plan to transition government finances back to pre-pandemic normality. Any difficult spending decisions should be included in this budget, because the 2022 one will be all about winning re-election.
Source - https://nationalpost.com/opinion/randall-denley-upcoming-ontario-budget-is-bound-to-agitate-both-pc-supporters-and-the-public-sector
Canada has one highest debt loads for a developed country –
That theory has its doubters, starting with the Bank of Canada, which has previously said it isn’t counting on the built-up savings to be unleashed quickly. Canadians may instead hang onto the money or use it to pay down their own sizable debts, the bank says. That wouldn’t be a trivial outcome, either.
Frances Donald, global chief economist and head of macro strategy at Manulife Investment Management, said it’s misleading to use short-term economic data to measure the effectiveness of fiscal stimulus.
https://www.bnnbloomberg.ca/trudeau-s-debt-binge-shows-limits-in-canada-s-sharp-contraction-1.1571174
@JustinTrudeau took $1B surpluses to a deficit within a few months of taking office. Trudeau's growth has been the worse of any PM since the great depression.
2016 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada
Oct/19 - https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
Dec/20 https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-canada-december-2020-and-november-2020
Fitch downgrade - https://www.bnnbloomberg.ca/economics/video/fitch-s-downgrade-a-blow-but-better-than-negative-outlook-former-pbo~1983621
Competitiveness - https://tradingeconomics.com/canada/competitiveness-rank
Provinces are asking more for healthcare - https://www.newswire.ca/news-releases/premiers-release-report-confirming-the-federal-government-s-financial-ability-to-increase-the-canada-health-transfer-805210659.html
Stock Market Analysis and Commentary for WE June 16 2023.pptxpaul young cpa, cga
Blog – Stock Market for the Week-Ending June 16 2023
US stocks lost steam on Friday as a recent rally took a pause amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon.
The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) finished down about 0.3% on Friday, while the technology-heavy Nasdaq Composite (^IXIC) was down 0.7%. The S&P 500 and Nasdaq still finished the week with their best gains since March.
In economic data, the University of Michigan Consumer Sentiment Index showed consumers are slightly more confident about the state of the economy, which could help tilt a "hawkish" Fed closer to a July rate hike.
The June preliminary number came in at 63.9, compared to expectations of 60.5, according to estimates from Bloomberg. The index had dipped to 59.2 last month in its first fall since February.
Global stocks got a lift from growing expectations that China will have to bump up stimulus as its recovery stutters.
Source - https://www.cnbc.com/2023/06/15/stock-market-today-live-updates.html or https://finance.yahoo.com/news/stock-market-news-today-live-updates-june-16-2023-200023853.html
Additional sources and links:
Lithium - https://oilprice.com/Energy/Energy-General/A-Deep-Dive-Into-The-Worlds-Leading-Lithium-Producers.html
Oil Production - https://www.reuters.com/markets/commodities/irans-oil-exports-output-hit-five-year-highs-us-holds-nuclear-talks-2023-06-16/
Natural Gas - https://www.fxempire.com/forecasts/article/natural-gas-forecast-prices-surge-to-3-week-high-amid-hot-weather-eia-decline-1355085
Household debt - https://ca.sports.yahoo.com/news/mortgage-rates-more-pain-come-100620608.html
Supply chain - https://www.beazley.com/en-us/articles/rising-challenges-supply-chain-issues?utm_source=slipcase&utm_medium=affiliate&utm_campaign=slipcase
Global Inflation - https://www.bnnbloomberg.ca/charting-the-global-economy-fed-holds-while-ecb-boosts-rates-1.1934377
Technologies - https://idesignstrategy.medium.com/decoding-the-future-top-10-technology-marketing-trends-for-2023-beyond-the-traditional-4ps-and-f79a637b6021
Retail Stats - https://www.investorsobserver.com/news/qm-news/8801472104674706
ESG - https://www.cooley.com/news/insight/2023/2023-06-16-eus-new-mandatory-esg-reporting-rules-dont-miss-your-chance-to-comment
How to improve the Governance Model for the Public Sector (All Levels of Gove...paul young cpa, cga
Blog – How to Improve the Public Sector Governance model for all levels of Government – March 2023
New budget - https://www.bnnbloomberg.ca/budget-2023-key-highlights-from-the-federal-liberals-spending-plan-1.1901609
There was 6B+ fiscal gap for the ten months ending January 31, 2023 - https://www.reuters.com/markets/canada-records-c644-bln-budget-deficit-first-10-months-2022-23-2023-03-28/
More needs to be done to address Canada competitiveness - https://climateinstitute.ca/news/budget-2023-is-a-strong-gameplan-to-keep-canada-competitive/
Federal government and all levels of government need to do more to support innovation - https://www.univcan.ca/media-room/media-releases/budget-2023-a-missed-opportunity/
Canada needs to do more to address productivity - https://shopmetaltech.com/shop-management/canadas-2023-budget-must-address-declining-productivity-occ/
Labor force in Canada continues to face many challenges - https://ca.sports.yahoo.com/news/ahead-game-falling-behind-canadas-180826403.html
GDP growth continues to be a challenge for natural resource rich country like Canada - https://www.forexlive.com/news/canadian-budget-forecasts-gdp-growth-of-03-this-year-15-in-2024-and-23-in-2025-20230328/
Addressing issues with food prices continues to be a challenge for all levels of government - https://ca.finance.yahoo.com/news/walmart-costco-canada-not-making-080000514.html or https://www.newswire.ca/news-releases/media-statement-retail-council-of-canada-s-response-to-federal-budget-850440994.html
More adoption of AI could lead to how both the private and public sector drive data as part of improving business outcomes - https://www.ctvnews.ca/business/300-million-jobs-could-be-affected-by-latest-wave-of-ai-says-goldman-sachs-1.6333637
Summary:
Stock markets continue to struggle over the past few weeks due to many factors like rise in COVID19 cases and geopolitical issues with countries like Russia and China.
Commodity Prices continue to rise, especially LNG and coal due to the demands for electricity.
China could see GDP growth of only 5.2% for 2022.
1. Inflation - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
2. Indicators - https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/
3. Business automation - https://medium.com/geekculture/2022-tech-predictions-5-automation-trends-worth-following-ba6038dc831f
4. Agriculture - https://economictimes.indiatimes.com/small-biz/sme-sector/how-technology-will-drive-the-new-age-agri-revolution-in-india-in-2022/articleshow/88628999.cms?from=mdr
5. Commodities - https://www.agriculture.com/markets/newswire/update-1-lng-coal-lead-2021-commodities-rally-as-markets-eye-covid-19-for-next-move
6. Housing - https://www.bnnbloomberg.ca/real-estate/video/we-are-expecting-a-10-decline-in-average-price-of-homes-in-2021-2022-chief-economist~2173206
7. Challenges - https://www.contactcenterpipeline.com/Article/2022-challenges-and-priorities-survey-a-triple-whammy-of-challenges
8. Geopolitical risks - https://theglobalherald.com/news/russia-and-china-rank-as-biggest-global-risks-to-watch-for-in-2022-says-atlantic-groups-kempe/
9. Food Prices - https://www.msn.com/en-us/money/other/food-prices-keep-rising-so-avoid-these-grocery-missteps/ss-AASjsjk
10. GDP - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
Blog – How to tame inflation in Canada – March 2023
Inflation targets of 2.1% continues to be the focus by the Government of Canada. The problem is there are many inflationary pressures that will be make getting to 2.1% incredibly challenging. Canada needs to make significant policy changes that will drive innovation, improve productivity, close the skill gaps, streamlining of regulations, building a resilient supply chain, and addressing the fiscal gap by all levels of government.
Protecting the Environment through proper policies relate to Green and Circul...paul young cpa, cga
Blog – How to build a Green and Circular Economy while Protecting the Environment and Growing the Economy in Sustainable Way
I have written many presentations and blogs on the circular and green economies. My biggest frustration is that policy focus has been to narrow in areas of carbon tax and more regulations. The main drivers of environment are land, water, forest management, air quality, and waste management. Technology can play a role with protecting the environment without taxing and overregulating the economy to death. We need to protect the environment while growing an inclusive economy.
I believe more focus should be on the tax act, R&D, strategic partnerships, standardization of ESG reporting, risk, and crisis management, reforming the WTO, and better urban and rural planning. Countries that are highest polluters should be forced to change their ways!
1. Green inflation - https://www.reuters.com/business/environment/canadas-shift-net-zero-emissions-likely-drive-higher-inflation-2022-01-13/
2. Recycling - https://ca.finance.yahoo.com/news/eastman-invest-1-billion-accelerate-070000687.html
3. Recycling - https://www.springwise.com/innovation/sustainability/next-generation-plastic-recycling?utm_source=rss&utm_medium=rss&utm_campaign=chemical-recycling-process-creates-local-income-streams-from-waste
4. Water treatment - https://tracxn.com/d/trending-themes/Startups-in-Water-Treatment-Technologies
5. Garbage - https://ec.europa.eu/research-and-innovation/en/horizon-magazine/how-robots-and-bubbles-could-soon-help-clean-underwater-litter
6. Net zero steel - https://kleanindustries.com/resources/environmental-industry-market-analysis-research/net-zero-steel-could-cost-industry-278-billion/
7. Mining - https://www.miningreview.com/battery-metals/how-the-metals-and-mining-sector-will-be-at-the-core-of-energy-transition/
8. ESG - https://www.worth.com/future-esg-investing-could-truly-deepen-impact/
9. Sustainable housing - https://www.newswire.ca/news-releases/building-better-sustainability-is-built-into-every-house-863615257.html
10. Emerging Markets - https://www.weforum.org/agenda/2022/01/clean-electrification-decarbonization-ukraine-emerging-economies/
11. Sustainable farming - https://www.nippon.com/en/news/yjj2022011500342/
12. Sustainable - https://www.greenbiz.com/article/new-forest-certification-standards-offer-nature-based-solutions-climate-crisis
13. Electricity - https://www.forbes.com/sites/energyinnovation/2022/01/10/2022-energy-predictions-coal-decline-accelerates-federal-funds-spur-clean-energy-millions-of-new-electric-vehicles-and-chargers/?sh=56ac3c8352b2
What is up with the Stock Market for WE - May 19 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary of Global Markets for the Week-Ending May 19, 2023
Summary:
The Dow industrials clocked their first gain in three weeks. The S&P 500 snapped short-term resistance and posted its strongest weekly close since August. Meanwhile, the Nasdaq shook off distribution days and rallied to its best week since March, and also its highest close since August. The stock market still has plenty of ailments that could trip things up in the wink of an eye: banks, debt ceiling negotiations, Fed rate decisions, commercial real estate defaults. But, for now, there are enough bullish signals for investors to boost levels of exposure.
Source: https://www.investors.com/research/investing-action-plan/stock-market-action-plan-nvidia-d-r-horton-and-a-wave-of-retail-earnings/
Summary:
Here are key issues and threats to the stock market:
1. Omicron supply chain issues (domestic and abroad)
2. QE winding down
3. Margin calls
4. Sector rotation
5. Meme stock reversion
6. Valuation
7. History makes its presence felt
Source - https://www.fool.com/investing/2021/12/25/7-reasons-the-stock-market-could-crash-in-january/
1. Stock market - https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-19000-upside-2029-fundstrat-millennials-2021-12
2. Stock Market - https://ca.finance.yahoo.com/news/toronto-futures-rise-easing-omicron-130408598.html
3. Global Inflation - https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/
4. Global inflation - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/
5. Geopolitical - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/ and https://www.geopoliticalmonitor.com/
6. Australia and New Zealand - https://www.reuters.com/markets/rates-bonds/australia-nz-dollars-extend-rally-hope-best-omicron-2021-12-23/
7. China - https://www.globaltimes.cn/page/202112/1243142.shtml and https://www.globaltimes.cn/page/202112/1243142.shtml
8. ESG - https://www.linkedin.com/posts/randallkurtz_cfos-fall-short-of-meeting-investors-esg-activity-6876924917388980224-6BFv/
9. Commodities - https://www.investing.com/analysis/commodities
10. Housing - https://betterdwelling.com/canadas-gap-between-real-estate-prices-and-incomes-looks-ridiculous-beside-us-data/ and https://www.bloomberg.com/news/articles/2021-12-21/home-price-surges-bidding-wars-are-roiling-world-s-riskiest-housing-market
Stock Market Analysis and Commentary for WE June 9 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the Week-Ending June 9, 2023
• The S&P 500 is up about 20% from its mid-October lows, a threshold that could indicate a new bull market.
• The economy has defied expectations for a slowdown in the face of higher interest rates. Central banks are taking notice, with the RBA and BoC surprising markets with more tightening.
• We think the foundation of a new bull market is formed, but an economic slowdown is still possibly ahead of us. Pandemic distortions have made this cycle unique by delaying, but likely not cancelling, the impact of higher rates.
• The upcoming CPI release and Fed meeting are likely to set the tone for the remainder of the summer.
• We would view any renewed phase of volatility as an opportunity to position for a more sustainable rebound that is likely to have broader shoulders than what we have currently seen.
• We recommend investors stay close to their strategic, long-term allocation for most asset classes that make up a well-diversified portfolio, including bonds which offer historically attractive yields.
Source - https://www.cnbc.com/2023/06/08/stock-market-today-live-updates.html or https://www.edwardjones.ca/ca-en/market-news-insights/stock-market-news/stock-market-weekly-update
Other sources and analysis
Lithium - https://www.fastmarkets.com/insights/chinese-lithium-prices-strengthen-on-stable-demand
Oil Production - https://www.offshore-energy.biz/what-impact-will-opec-cuts-have-on-global-and-u-s-oil-gas-production/
LNG - https://www.reuters.com/business/energy/us-burns-more-natgas-wind-power-drops-canadian-wildfires-cloud-solar-2023-06-09/
Manufacturing - https://www.manufacturingdive.com/news/NAM-q2-outlook-survey-manufacturers-anticipate-a-recession-economy-regulation/652564/
Inflation - https://www.bnnbloomberg.ca/fed-is-first-to-reach-crucial-junction-in-global-inflation-fight-1.1931316
Tech trends - https://aibusiness.com/verticals/ai-tops-the-list-of-most-impactful-emerging-technologies
ESG - https://www.aicpa-cima.com/professional-insights/article/attract-global-investments-by-promoting-esg-initiatives
Labor market - https://www.cbc.ca/news/business/canada-jobs-unemployment-1.6870263
GDP Growth - https://www.gfmag.com/global-data/economic-data/countries-highest-gdp-growth
Debt - https://www.hellenicshippingnews.com/imf-expects-continued-tangible-progress-from-global-sovereign-debt-roundtable/
How to fix the Governance model for Government (Public Sector).pptxpaul young cpa, cga
Summary:
I have written many presentations and blogs over the years on transforming the public sector. The public sector needs to reform its model including stronger crisis and risk management planning and analysis, creating new a compliance group that ensures all oversight agencies are free from partisan policies, governments need to learn to live within its means, all program spending should undertake a program review, taxation focus should be on tax fairness, policies should address issues like wage reform or pension reform or other reforms.
Last week, natural gas prices rallied about 6.9% in what was the best 5-day period since the middle of June. Yet, despite this performance, you can barely notice a change in meaningful trend on the daily chart below. The heating commodity remains broadly range-bound ever since prices stabilized around November.
While natural gas eventually broke above the falling trendline from August, meaningful upside progress has been lacking. Broadly speaking, the heating commodity remains stuck in a broad range between 1.967 and 3.027. Until a breakout is seen in either direction, the technical outlook remains mostly neutral.
Source - https://www.dailyfx.com/analysis/natural-gas-price-technical-outlook-best-week-since-mid-june-where-to-20230723.html
Other links and sources:
LNG - https://www.reuters.com/sustainability/climate-energy/naturgys-profit-rises-lng-gains-soothing-shareholders-2023-07-24/
Hydrogen - https://www.spglobal.com/commodityinsights/en/market-insights/blogs/energy-transition/072423-renewable-natural-gas-and-hydrogen-fuels-of-the-future-for-transportation-decarbonization
Capital Spending - https://financialpost.com/globe-newswire/tc-energy-partners-with-global-infrastructure-partners-through-5-2-billion-sale-of-a-40-per-cent-equity-interest-in-columbia-gas-and-columbia-gulf
Natural Gas - https://www.thenationalnews.com/business/comment/2023/07/24/geopolitical-uncertainty-triggers-shift-in-global-gas-corridors/
LNG / Mexico - https://www.lngindustry.com/liquid-natural-gas/24072023/mexico-pacific-and-government-of-sonora-sign-collaboration-agreement/
Canada and Natural Gas - https://www.jwnenergy.com/article/2023/7/24/managing-in-volatile-commodity-markets/
ESG and Natural Gas - https://www.onegas.com/news/press-release-details/2023/ONE-Gas-2023-ESG-Report-Highlights-Progress-on-Emissions-Reduction-and-Industry-Leading-Safety/default.aspx
Grid - https://indianacapitalchronicle.com/2023/07/24/winter-is-coming-and-the-u-s-grid-remains-vulnerable-to-power-plant-failure/
Durable Goods and Capital Spending - United States and the World - April 2023...paul young cpa, cga
Blog – Durable Goods and Capital Spending – USA and the World – May 2023
Summary:
A report released by the Commerce Department on Friday unexpectedly showed a continued surge in new orders for U.S. manufactured durable goods in the month of April.
The Commerce Department said durable goods orders jumped by 1.1 percent in April after spiking by 3.3 percent in March. The continued increase surprised economists, who had expected durable goods orders to slump by 1.0 percent.
Orders for transportation equipment led the way higher once again, shooting up by 3.7 percent in April after soaring by 9.9 percent in March.
Excluding orders for transportation equipment, durable goods orders dipped by 0.2 percent in April after rising by 0.3 percent in March. Economists had expected ex-transportation orders to edge down by 0.1 percent.
Source - https://www.nasdaq.com/articles/u.s.-durable-goods-orders-unexpectedly-jump-1.1-in-april
Additional sources/links:
Capital spending outlook - https://ca.sports.yahoo.com/news/strong-corporate-earnings-helping-us-003840096.html
ESG - https://www.grantthornton.com/events-and-webcasts/esg/2023/06-06-impacts-to-us-entities-and-how-to-prepare
Drones and AI - https://ts2.space/en/autonomous-drones-how-ai-is-shaping-the-future-of-unmanned-flight/ or https://www.einnews.com/pr_news/635419313/global-drone-inspection-and-monitoring-market-to-grow-at-rate-of-15-8-through-2030
Infrastructure spending – https://www.bworldonline.com/top-stories/2023/05/26/524969/infrastructure-spending-declines-by-16-5-in-march/
Storm surge mitigation - https://www.ktbs.com/weather/hurricane-tracker/construction-to-begin-on-long-term-project-to-prevent-storm-surge-and-help-coastal-parishes/article_fbd541fe-fb9e-11ed-ad82-c32a504c8175.html
Power Grid - https://www.reuters.com/business/energy/siemens-energy-plans-us-power-grids-push-tap-into-ira-boost-2023-05-25/
IT spending - https://www.gartner.com/en/newsroom/press-releases/2023-05-24-gartner-forecasts-worldwide-government-it-spending-to-grow-8-percent-in-2023
Asset performance - https://tech.einnews.com/pr_news/635120886/asset-performance-management-market-driven-by-need-for-predictive-maintenance-solutions-reaching-usd-7-52-bn-by-2027
Optimization - https://quandarycg.com/how-to-cut-costs-while-increasing-efficiency-in-your-business/
Stock Market Analysis and Commentary for WE July 1 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis and Commentary for the week-ending June 30 2023
Stocks climbed Friday, ending a strong first half on a high note amid more signs of cooling from the Federal Reserve's preferred inflation gauge.
The S&P 500 (^GSPC) rose 1.2%, while the Dow Jones Industrial Average (^DJI) rose over 300 points, or just under 1%. The Nasdaq Composite (^IXIC) added 1.5%.
All three major stock benchmarks logged strong performances for both the year's second quarter and first half. The Nasdaq is up more than 30% since the start of the year, according to Yahoo Finance data. That represented its best first half of the year since 1983, according to data from Bespoke Investment.
The benchmark S&P 500 has gained around 16%, while the Dow has put up a more modest 4% gain.
On Friday, the Fed's preferred inflation index showed prices rose 3.8% in May on a year-over-year basis, down from a 4.4% year-over-year jump in April. And from April to May, prices ticked up just 0.1%.
The data comes after a surprise upward revision to first-quarter GDP showed the US economy is a lot stronger than Wall Street thought. Growing faith in that strength has helped drive this year's rally in stocks, even though that resilience likely means rates will stay higher for longer.
https://ca.news.yahoo.com/stock-market-news-live-updates-today-june-30-2023-104026486.html
Additional sources and links:
Lithium - https://www.kitco.com/news/2023-06-30/Why-direct-lithium-extraction-is-the-critical-mineral-sector-s-needed-technology.html
Metals - https://www.fastmarkets.com/insights/steel-decarbonization-economic-opportunity-not-government-regulation
Oil Production - https://www.reuters.com/business/energy/opec-oil-output-posts-small-drop-june-ahead-saudi-cut-reuters-survey-2023-06-30/
Natural gas - https://www.naturalgasworld.com/us-drillers-cut-oil-and-gas-rigs-for-ninth-week-in-a-row-baker-hughes-105911 or https://www.naturalgasintel.com/european-natural-gas-consumption-continues-to-plummet/
Food - https://www.foodbusinessnews.net/articles/7-progressing-harvest-pulls-wheat-futures-to-four-month-lows
Inflation - https://www.aljazeera.com/program/counting-the-cost/2023/7/1/inflation-is-slowing-but-why-is-the-fight-against-it-ramping-up
PMI - https://www.reuters.com/markets/asia/chinas-june-factory-activity-falls-third-straight-month-pmi-2023-06-30/
Housing - https://www.benzinga.com/trading-ideas/long-ideas/23/06/33082977/sofi-shows-wild-price-action-after-supreme-court-axes-student-loan-forgiveness-the-bull-
ESG - https://carboncredits.com/issb-first-global-climate-and-sustainability-esg-reporting-standards/
Geopolitical risks - https://worldview.stratfor.com/
Debt - https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/cracks-appear-in-us-economy-as-debt-delinquencies-creep-up-76020170?utm_medium=referral&utm_source=marketo&utm_campaign=MS-2306-PC-GL-CT-RASS-All-SYN-Debt-reckoning
Stock Market Analysis and Commentary for WE June 23 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the Week-Ending June 23 2023
Stocks fell on Friday, with all major averages ending the week lower as investors come to terms with the prospect of more interest-rate hikes ahead from the Federal Reserve.
The S&P 500 (^GSPC) dropped 0.76%, while the Dow Jones Industrial Average (^DJI) slipped 218 points, or 0.64%. The tech-heavy Nasdaq Composite (^IXIC) led the declines, falling 1.01%. The Nasdaq had its first weekly loss in the last eight, while the S&P 500 snapped a five-week win streak.
Fed Chair Jerome Powell doubled down on his view on Thursday that more rate increases are needed to temper inflation, joining a global chorus of hawkish central banks.
That's revived some worries about the potential hit to economies, though Treasury Secretary Janet Yellen said she now sees a lower risk of US recession. But a red-hot reading in a key gauge of Japanese inflation has underlined the pressures on policymakers.
Source - https://finance.yahoo.com/news/stock-market-news-live-updates-today-june-23-2023-094710905.html
Additional links and sources:
Lithium - https://foreignpolicy.com/2023/06/23/chile-boric-lithium-strategy-minerals-industry-green-energy-batteries/ or https://www.autonews.com/suppliers/lithium-suppliers-sound-alarm-about-meeting-future-ev-demand
Oil Production - https://oilprice.com/Energy/Energy-General/US-Oil-Drilling-Slow-Down-Continues.html
Natural Gas - https://www.bloomberg.com/news/articles/2023-06-24/oil-giants-from-shell-to-chevron-say-gas-here-to-stay-for-green-transition#xj4y7vzkg
Lumber - https://www.lesprom.com/en/news/Sawmill_industry_globally_faces_challenging_markets_in_coming_years_108349/
Cobalt vs nickel - https://www.theglobeandmail.com/investing/markets/indices/DOWI/pressreleases/17971142/forget-cobalt-this-metal-is-the-investment-for-the-ev-and-green-revolutions/
Critical metals - https://www.reuters.com/business/autos-transportation/ev-batteries-lithium-iron-phosphate-narrows-gap-with-nickel-cobalt-2023-06-22/
Water - https://www.dupont.com/water/
Food Production - https://www.fooddive.com/news/five-emerging-technologies-set-to-transform-the-global-food-system/653680/
Geopolitical risks and threats - https://www.geopoliticalmonitor.com/
Inflation - https://seekingalpha.com/article/4613395-with-the-global-economy-growing-at-a-moderate-pace-inflation-will-gradually-subside
Debt - https://euobserver.com/green-economy/157183
Supply chain - https://www.capgemini.com/ca-en/insights/research-library/how-greater-intelligence-could-supercharge-supply-chains/
PMI - https://seekingalpha.com/article/4613403-flash-pmi-data-june-signal-cooler-global-price-trends-amid-mounting-growth-risks
ESG - https://www.responsible-investor.com/in-the-loop-standards-shareholder-proposal-overload-and-cage-fights/
What is next for the Stock Market for the W/E January 7, 2022paul young cpa, cga
Stock Markets
Markets around the world remain jittery due to many factors like high inflation, increase case counts from omicron, global trade protectionism, and other geopolitical events.
The markets could see slower growth in 2022 in the range of 5-6%. Slower market growth will have an impact on pension funds and other assets holdings.
1. Stock Market - https://www.investors.com/news/economy/jobs-report-soft-hiring-but-unemployment-rate-dives-dow-jones-futures-fall/
2. Geopolitical risks - https://www.ausbiz.com.au/media/the-top-three-geopolitical-risks-for-2022?videoId=18420
3. USA build back better - https://www.economy.com/economicview/analysis/387186
4. Insurance - https://www.canadianunderwriter.ca/insurance/insurance-isnt-enough-governments-need-to-do-better-on-natural-disaster-resilience-1004216098/
5. ESG - https://www.mondaq.com/unitedstates/securities/1148324/paper-debunks-seven-myths-of-esg
6. GDP risk - https://www.bloomberg.com/news/articles/2022-01-07/india-on-track-to-post-world-beating-growth-amid-virus-risks
7. Inflation - https://www.bloomberg.com/news/newsletters/2022-01-07/what-s-happening-in-the-world-economy-the-inflation-shock-may-be-slowing
8. Climate change and viruses - https://blogs.timesofisrael.com/we-will-beat-neither-covid-nor-climate-change-on-our-own/
9. China - https://thehill.com/opinion/international/588783-the-china-tightrope-and-other-trade-developments-that-will-define-2022
10. Commodity Price Risk - https://thehill.com/opinion/international/588783-the-china-tightrope-and-other-trade-developments-that-will-define-2022
Blog – Public Sector – Fiscal Performance – Canada
Ontario Finances
Next week’s Ontario budget is a critical one for the Ford government. It will have to balance another six months of COVID costs with a plan to transition government finances back to pre-pandemic normality. Any difficult spending decisions should be included in this budget, because the 2022 one will be all about winning re-election.
Source - https://nationalpost.com/opinion/randall-denley-upcoming-ontario-budget-is-bound-to-agitate-both-pc-supporters-and-the-public-sector
Canada has one highest debt loads for a developed country –
That theory has its doubters, starting with the Bank of Canada, which has previously said it isn’t counting on the built-up savings to be unleashed quickly. Canadians may instead hang onto the money or use it to pay down their own sizable debts, the bank says. That wouldn’t be a trivial outcome, either.
Frances Donald, global chief economist and head of macro strategy at Manulife Investment Management, said it’s misleading to use short-term economic data to measure the effectiveness of fiscal stimulus.
https://www.bnnbloomberg.ca/trudeau-s-debt-binge-shows-limits-in-canada-s-sharp-contraction-1.1571174
@JustinTrudeau took $1B surpluses to a deficit within a few months of taking office. Trudeau's growth has been the worse of any PM since the great depression.
2016 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada
Oct/19 - https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
Dec/20 https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-canada-december-2020-and-november-2020
Fitch downgrade - https://www.bnnbloomberg.ca/economics/video/fitch-s-downgrade-a-blow-but-better-than-negative-outlook-former-pbo~1983621
Competitiveness - https://tradingeconomics.com/canada/competitiveness-rank
Provinces are asking more for healthcare - https://www.newswire.ca/news-releases/premiers-release-report-confirming-the-federal-government-s-financial-ability-to-increase-the-canada-health-transfer-805210659.html
Stock Market Analysis and Commentary for WE June 16 2023.pptxpaul young cpa, cga
Blog – Stock Market for the Week-Ending June 16 2023
US stocks lost steam on Friday as a recent rally took a pause amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon.
The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) finished down about 0.3% on Friday, while the technology-heavy Nasdaq Composite (^IXIC) was down 0.7%. The S&P 500 and Nasdaq still finished the week with their best gains since March.
In economic data, the University of Michigan Consumer Sentiment Index showed consumers are slightly more confident about the state of the economy, which could help tilt a "hawkish" Fed closer to a July rate hike.
The June preliminary number came in at 63.9, compared to expectations of 60.5, according to estimates from Bloomberg. The index had dipped to 59.2 last month in its first fall since February.
Global stocks got a lift from growing expectations that China will have to bump up stimulus as its recovery stutters.
Source - https://www.cnbc.com/2023/06/15/stock-market-today-live-updates.html or https://finance.yahoo.com/news/stock-market-news-today-live-updates-june-16-2023-200023853.html
Additional sources and links:
Lithium - https://oilprice.com/Energy/Energy-General/A-Deep-Dive-Into-The-Worlds-Leading-Lithium-Producers.html
Oil Production - https://www.reuters.com/markets/commodities/irans-oil-exports-output-hit-five-year-highs-us-holds-nuclear-talks-2023-06-16/
Natural Gas - https://www.fxempire.com/forecasts/article/natural-gas-forecast-prices-surge-to-3-week-high-amid-hot-weather-eia-decline-1355085
Household debt - https://ca.sports.yahoo.com/news/mortgage-rates-more-pain-come-100620608.html
Supply chain - https://www.beazley.com/en-us/articles/rising-challenges-supply-chain-issues?utm_source=slipcase&utm_medium=affiliate&utm_campaign=slipcase
Global Inflation - https://www.bnnbloomberg.ca/charting-the-global-economy-fed-holds-while-ecb-boosts-rates-1.1934377
Technologies - https://idesignstrategy.medium.com/decoding-the-future-top-10-technology-marketing-trends-for-2023-beyond-the-traditional-4ps-and-f79a637b6021
Retail Stats - https://www.investorsobserver.com/news/qm-news/8801472104674706
ESG - https://www.cooley.com/news/insight/2023/2023-06-16-eus-new-mandatory-esg-reporting-rules-dont-miss-your-chance-to-comment
How to improve the Governance Model for the Public Sector (All Levels of Gove...paul young cpa, cga
Blog – How to Improve the Public Sector Governance model for all levels of Government – March 2023
New budget - https://www.bnnbloomberg.ca/budget-2023-key-highlights-from-the-federal-liberals-spending-plan-1.1901609
There was 6B+ fiscal gap for the ten months ending January 31, 2023 - https://www.reuters.com/markets/canada-records-c644-bln-budget-deficit-first-10-months-2022-23-2023-03-28/
More needs to be done to address Canada competitiveness - https://climateinstitute.ca/news/budget-2023-is-a-strong-gameplan-to-keep-canada-competitive/
Federal government and all levels of government need to do more to support innovation - https://www.univcan.ca/media-room/media-releases/budget-2023-a-missed-opportunity/
Canada needs to do more to address productivity - https://shopmetaltech.com/shop-management/canadas-2023-budget-must-address-declining-productivity-occ/
Labor force in Canada continues to face many challenges - https://ca.sports.yahoo.com/news/ahead-game-falling-behind-canadas-180826403.html
GDP growth continues to be a challenge for natural resource rich country like Canada - https://www.forexlive.com/news/canadian-budget-forecasts-gdp-growth-of-03-this-year-15-in-2024-and-23-in-2025-20230328/
Addressing issues with food prices continues to be a challenge for all levels of government - https://ca.finance.yahoo.com/news/walmart-costco-canada-not-making-080000514.html or https://www.newswire.ca/news-releases/media-statement-retail-council-of-canada-s-response-to-federal-budget-850440994.html
More adoption of AI could lead to how both the private and public sector drive data as part of improving business outcomes - https://www.ctvnews.ca/business/300-million-jobs-could-be-affected-by-latest-wave-of-ai-says-goldman-sachs-1.6333637
Summary:
Stock markets continue to struggle over the past few weeks due to many factors like rise in COVID19 cases and geopolitical issues with countries like Russia and China.
Commodity Prices continue to rise, especially LNG and coal due to the demands for electricity.
China could see GDP growth of only 5.2% for 2022.
1. Inflation - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
2. Indicators - https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/
3. Business automation - https://medium.com/geekculture/2022-tech-predictions-5-automation-trends-worth-following-ba6038dc831f
4. Agriculture - https://economictimes.indiatimes.com/small-biz/sme-sector/how-technology-will-drive-the-new-age-agri-revolution-in-india-in-2022/articleshow/88628999.cms?from=mdr
5. Commodities - https://www.agriculture.com/markets/newswire/update-1-lng-coal-lead-2021-commodities-rally-as-markets-eye-covid-19-for-next-move
6. Housing - https://www.bnnbloomberg.ca/real-estate/video/we-are-expecting-a-10-decline-in-average-price-of-homes-in-2021-2022-chief-economist~2173206
7. Challenges - https://www.contactcenterpipeline.com/Article/2022-challenges-and-priorities-survey-a-triple-whammy-of-challenges
8. Geopolitical risks - https://theglobalherald.com/news/russia-and-china-rank-as-biggest-global-risks-to-watch-for-in-2022-says-atlantic-groups-kempe/
9. Food Prices - https://www.msn.com/en-us/money/other/food-prices-keep-rising-so-avoid-these-grocery-missteps/ss-AASjsjk
10. GDP - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
Blog – How to tame inflation in Canada – March 2023
Inflation targets of 2.1% continues to be the focus by the Government of Canada. The problem is there are many inflationary pressures that will be make getting to 2.1% incredibly challenging. Canada needs to make significant policy changes that will drive innovation, improve productivity, close the skill gaps, streamlining of regulations, building a resilient supply chain, and addressing the fiscal gap by all levels of government.
Protecting the Environment through proper policies relate to Green and Circul...paul young cpa, cga
Blog – How to build a Green and Circular Economy while Protecting the Environment and Growing the Economy in Sustainable Way
I have written many presentations and blogs on the circular and green economies. My biggest frustration is that policy focus has been to narrow in areas of carbon tax and more regulations. The main drivers of environment are land, water, forest management, air quality, and waste management. Technology can play a role with protecting the environment without taxing and overregulating the economy to death. We need to protect the environment while growing an inclusive economy.
I believe more focus should be on the tax act, R&D, strategic partnerships, standardization of ESG reporting, risk, and crisis management, reforming the WTO, and better urban and rural planning. Countries that are highest polluters should be forced to change their ways!
1. Green inflation - https://www.reuters.com/business/environment/canadas-shift-net-zero-emissions-likely-drive-higher-inflation-2022-01-13/
2. Recycling - https://ca.finance.yahoo.com/news/eastman-invest-1-billion-accelerate-070000687.html
3. Recycling - https://www.springwise.com/innovation/sustainability/next-generation-plastic-recycling?utm_source=rss&utm_medium=rss&utm_campaign=chemical-recycling-process-creates-local-income-streams-from-waste
4. Water treatment - https://tracxn.com/d/trending-themes/Startups-in-Water-Treatment-Technologies
5. Garbage - https://ec.europa.eu/research-and-innovation/en/horizon-magazine/how-robots-and-bubbles-could-soon-help-clean-underwater-litter
6. Net zero steel - https://kleanindustries.com/resources/environmental-industry-market-analysis-research/net-zero-steel-could-cost-industry-278-billion/
7. Mining - https://www.miningreview.com/battery-metals/how-the-metals-and-mining-sector-will-be-at-the-core-of-energy-transition/
8. ESG - https://www.worth.com/future-esg-investing-could-truly-deepen-impact/
9. Sustainable housing - https://www.newswire.ca/news-releases/building-better-sustainability-is-built-into-every-house-863615257.html
10. Emerging Markets - https://www.weforum.org/agenda/2022/01/clean-electrification-decarbonization-ukraine-emerging-economies/
11. Sustainable farming - https://www.nippon.com/en/news/yjj2022011500342/
12. Sustainable - https://www.greenbiz.com/article/new-forest-certification-standards-offer-nature-based-solutions-climate-crisis
13. Electricity - https://www.forbes.com/sites/energyinnovation/2022/01/10/2022-energy-predictions-coal-decline-accelerates-federal-funds-spur-clean-energy-millions-of-new-electric-vehicles-and-chargers/?sh=56ac3c8352b2
What is up with the Stock Market for WE - May 19 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary of Global Markets for the Week-Ending May 19, 2023
Summary:
The Dow industrials clocked their first gain in three weeks. The S&P 500 snapped short-term resistance and posted its strongest weekly close since August. Meanwhile, the Nasdaq shook off distribution days and rallied to its best week since March, and also its highest close since August. The stock market still has plenty of ailments that could trip things up in the wink of an eye: banks, debt ceiling negotiations, Fed rate decisions, commercial real estate defaults. But, for now, there are enough bullish signals for investors to boost levels of exposure.
Source: https://www.investors.com/research/investing-action-plan/stock-market-action-plan-nvidia-d-r-horton-and-a-wave-of-retail-earnings/
Summary:
Here are key issues and threats to the stock market:
1. Omicron supply chain issues (domestic and abroad)
2. QE winding down
3. Margin calls
4. Sector rotation
5. Meme stock reversion
6. Valuation
7. History makes its presence felt
Source - https://www.fool.com/investing/2021/12/25/7-reasons-the-stock-market-could-crash-in-january/
1. Stock market - https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-19000-upside-2029-fundstrat-millennials-2021-12
2. Stock Market - https://ca.finance.yahoo.com/news/toronto-futures-rise-easing-omicron-130408598.html
3. Global Inflation - https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/
4. Global inflation - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/
5. Geopolitical - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/ and https://www.geopoliticalmonitor.com/
6. Australia and New Zealand - https://www.reuters.com/markets/rates-bonds/australia-nz-dollars-extend-rally-hope-best-omicron-2021-12-23/
7. China - https://www.globaltimes.cn/page/202112/1243142.shtml and https://www.globaltimes.cn/page/202112/1243142.shtml
8. ESG - https://www.linkedin.com/posts/randallkurtz_cfos-fall-short-of-meeting-investors-esg-activity-6876924917388980224-6BFv/
9. Commodities - https://www.investing.com/analysis/commodities
10. Housing - https://betterdwelling.com/canadas-gap-between-real-estate-prices-and-incomes-looks-ridiculous-beside-us-data/ and https://www.bloomberg.com/news/articles/2021-12-21/home-price-surges-bidding-wars-are-roiling-world-s-riskiest-housing-market
Stock Market Analysis and Commentary for WE June 9 2023.pptxpaul young cpa, cga
Blog – Stock Market Analysis for the Week-Ending June 9, 2023
• The S&P 500 is up about 20% from its mid-October lows, a threshold that could indicate a new bull market.
• The economy has defied expectations for a slowdown in the face of higher interest rates. Central banks are taking notice, with the RBA and BoC surprising markets with more tightening.
• We think the foundation of a new bull market is formed, but an economic slowdown is still possibly ahead of us. Pandemic distortions have made this cycle unique by delaying, but likely not cancelling, the impact of higher rates.
• The upcoming CPI release and Fed meeting are likely to set the tone for the remainder of the summer.
• We would view any renewed phase of volatility as an opportunity to position for a more sustainable rebound that is likely to have broader shoulders than what we have currently seen.
• We recommend investors stay close to their strategic, long-term allocation for most asset classes that make up a well-diversified portfolio, including bonds which offer historically attractive yields.
Source - https://www.cnbc.com/2023/06/08/stock-market-today-live-updates.html or https://www.edwardjones.ca/ca-en/market-news-insights/stock-market-news/stock-market-weekly-update
Other sources and analysis
Lithium - https://www.fastmarkets.com/insights/chinese-lithium-prices-strengthen-on-stable-demand
Oil Production - https://www.offshore-energy.biz/what-impact-will-opec-cuts-have-on-global-and-u-s-oil-gas-production/
LNG - https://www.reuters.com/business/energy/us-burns-more-natgas-wind-power-drops-canadian-wildfires-cloud-solar-2023-06-09/
Manufacturing - https://www.manufacturingdive.com/news/NAM-q2-outlook-survey-manufacturers-anticipate-a-recession-economy-regulation/652564/
Inflation - https://www.bnnbloomberg.ca/fed-is-first-to-reach-crucial-junction-in-global-inflation-fight-1.1931316
Tech trends - https://aibusiness.com/verticals/ai-tops-the-list-of-most-impactful-emerging-technologies
ESG - https://www.aicpa-cima.com/professional-insights/article/attract-global-investments-by-promoting-esg-initiatives
Labor market - https://www.cbc.ca/news/business/canada-jobs-unemployment-1.6870263
GDP Growth - https://www.gfmag.com/global-data/economic-data/countries-highest-gdp-growth
Debt - https://www.hellenicshippingnews.com/imf-expects-continued-tangible-progress-from-global-sovereign-debt-roundtable/
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
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.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
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.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
Using Data and AI to help mitigate Climate Change Disaster.pptx
1. USING DATA AND AI TO ASSIST WITH THE MITIGATION OF
CLIMATE RELATED EVENTS
PAUL YOUNG CPA CGA
SENIOR CUSTOMER SUCCESS MANAGER AND BUSINESS STRATEGIST
AUGUST 29, 2023
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – ESG and Sustainability Policies and
Reporting
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Senior Customer Success Manager Data and AI and
Business Strategist
3. AGENDA
Cost of Climate Change
Government policies – What needs to happen
What is Geospatial Technology
Weather Analytics
Geospatial and mobile devices
Scope 1, Scope 2, and Scope 3 (ESG)
Operational vs Regulatory Filings (ESG)
How to best to integrated ESG data with the Integrated Planning and Reporting cycle
What is next?
4. COST OF CLIMATE CHANGE
Source - https://greenerideal.com/news/climate/cost-of-climate-change-extreme-weather-events/
5. KEY GOVERNMENT POLICIES
Improving vegetation and forestry management practices - https://www.slideshare.net/paulyoungcga/what-is-next-
for-the-forestry-sector-and-lumber-production-august-2023pptx or https://www.bnnbloomberg.ca/drones-ai-and-
goats-the-new-playbook-to-curb-wildfires-1.1964116
Mandatory audited emergency, risk, and crisis management reports including annual testing of the policies and
procedures - https://www.slideshare.net/paulyoungcga/why-both-the-private-and-public-sectors-need-mandatory-
audits-of-crisis-and-risk-management-reports
Better urban and rural practices including changes to building codes - https://www.linkedin.com/pulse/how-address-
issues-housing-due-threats-flooding-fires-paul-young
Balance policies between economic development and protecting the environment - How to mitigate the impacts of
Climate Change.pptx (slideshare.net)
Public, Private Sector, indigenous and other groups need to work together as part approving projects as way to
ensure biodiversity is protected - https://www.linkedin.com/posts/paul-young-055632b_ebf-calls-on-issb-to-focus-on-
biodiversity-activity-7093982929214738432-NmGE?utm_source=share&utm_medium=member_desktop
6. GEOSPATIAL ESG and sustainability reporting will also have impact of
policy development as biodiversity will get more attention
as part of the ESG and Sustainability Reporting Cycle.
https://www.lexology.com/library/detail.aspx?g=801d7059-
82b4-418f-82fe-9ea88fbd0299
Geospatial technology can play a key role with how
resources are managed and deployed. More coordination
between private and public sector is important as part of
mitigating areas like sparks from trains, lightning strikes, and
other human errors.
(https://cloud.google.com/blog/topics/sustainability/harnes
sing-ai-to-translate-climate-knowledge-for-all)
Transforming both the private and public sectors into a data
driven culture can also help with the capturing of ESG and
Sustainability data for reporting.
https://www.slideshare.net/paulyoungcga/introductory-to-
esg-and-sustainability-reportingpptx-257524640
11. DATA QUALITY
ADD A FOOTER 11
– Data Management
– Data Governance
– Data Ingestion
12. INTEGRATED REPORTING
ADD A FOOTER 12
– Stakeholders
– Government (Regulatory)
– SEC (Pensions, Stocks, Bonds
– Private Investors
– Internal stakeholders (Lines of Business)
• Reporting Cycle
• Regulatory filings
• Budgeting and Forecasting Cycle
• Integration between reporting cycle and the
budgeting & forecasting Cycle
13. WHAT IS NEXT
Both private and public sector integrate weather and geospatial data as part of their risk management
programs including safeguarding assets.
Both the private and public sector work together on best practices related to biodiversity, forest, land, water,
and vegetation management practices.
Stronger urban planning practices to mitigate building, roads, bridges, and other assets against climate
change.
Adoption near-real-time reporting of assets as part of management and maintaining of assets.
Adopt stronger reporting for crisis, risk, and emergency management planning and reporting.
Adopting generative AI as part of risk mitigation through proper security, ethical, and privacy assessments.
Adopting a data architecture drive better business outcomes from data.