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6 Top Investment trends (2020): Finding safe havens in a pandemic-driven market
By New Academy of Finance  •  July 13, 2020
6 TOP INVESTMENT TRENDS (2020) Wall Street is looking to kick start its earnings season this week with several heavyweight companies reporting results in the week of 13 July. PepsiCo will be the first to announce on Monday followed by companies such as Delta Air Lines, JP Morgan, Wells Fargo on Tuesday, Goldman Sachs on Wednesday, Johnson & Johnson, Netflix on Thursday, and BlackRock on Friday. What is certain, is ironically the level of uncertainty that this quarter of results will bring forth, where the disparity between analyst consensus is the largest in the absence of companies’ earnings guidance due to COVID-19. While many expect the YoY earnings drawdown in 2Q20 to be one of the largest one in Wall Street history, that has not stop the appreciation rate of the market, which could well breach their all-time high levels witnessed in Feb 2020 (the Nasdaq has already crossed that level and is currently perch at All-Time high), post the 2Q20 result season....
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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