Source: PaxForex Premium Analytics Portal, Fundamental Insight Bob Iger's clock is ticking. The former CEO of the Walt Disney Company, who decided that in retirement he would happily write books and perhaps realize his political ambitions, has taken over the media giant again. The company has a lot to fix, and it's easy to wonder if he will be able to get everything done in the two years he set before retiring again. Let's get right to the point: likely, Iger will still be CEO in three years. you can even make an even bolder...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for December came in at -NZ$475M monthly and at -NZ$14,460M annualized. Forex traders can compare this to the New Zealand Trade Balance for November, reported at -NZ$2,180M monthly and -NZ$14,980M annualized. Exports for December came in at NZ$6.72B, and Imports at NZ$7.19B. Forex traders can compare this to Exports for November, reported at NZ$6.34B, and Imports at NZ$8.52B. The Preliminary Spanish CPI for January is predicted to increase by 4.9%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms, the social media giant formerly known as Facebook, became a trillion-dollar company in June 2021. Three months later, its market value peaked at $1.08 trillion. But Meta is currently worth only $370 billion. It has lost two-thirds of its value as a slowdown in its advertising business, continued losses in its virtual reality business and rising interest rates have scared away even the company's most ardent fans. These unfavorable factors aren't going...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand ANZ Activity Outlook for January collapsed by 15.8%, and ANZ Business Confidence came in at -52.0. Forex traders can compare this to the New Zealand ANZ Activity Outlook for December, which plunged by -25.6%, and to ANZ Business Confidence, reported at -70.2. US Personal Income for December is predicted to increase by 0.2% monthly, and Personal Spending to decrease by 0.1% monthly. Forex traders can compare this to Personal Income for November, which rose by 0.4...
Source: PaxForex Premium Analytics Portal, Fundamental Insight With the S&P 500 averaging a 14.3 percent annual return over the 10-year period from early 2012 through 2021, investors were in for a nasty surprise when the broad U.S. 500 index ended 2022 down 19.4 percent. To say that pessimism is very high now would probably be an accurate assessment, as things continue to get worse because of expectations of a recession. So, what's in store for the S&P 500 this year? Will it be able to recover? That's what the smartest...