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☆ Deutsche Bank validates the Club case on holding Estee Lauder
  + stars: | 2022-12-06 | by ( Paulina Likos | ) www.cnbc.com   time to read: +3 min
Deutsche Bank Tuesday upgraded Club holding Estee Lauder (EL) on the back of an expected reopening of China's economy, in line with the Club strategy of buying up the cosmetics giant's stock as Beijing loosens harsh Covid-19 restrictions. Buy Estee Lauder," Jim Cramer said during the Investing Club's "Morning Meeting " on Tuesday. Analysts at Deutsche Bank predicted margins in makeup, which are a "key driver of outsized profit growth long term," will recover once revenues return to pre-pandemic levels. Estee Lauder is an iconic brand that's one of the best ways to play Asia's return to travel — and we believe we'll be rewarded for our patience. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
☆ Here’s how China’s COVID lockdown protests are sparking unrest across markets and rattling the global investing landscape.
  + stars: | 2022-11-29 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Today we're going over what the ongoing protests in China mean for markets and investors. While the protests in China have been largely peaceful, some protesters have been met with violence from the authorities. Anti-government protests have erupted from Shanghai to Beijing as citizens rise up in opposition of China's zero-COVID policies. "Markets don't like bad news, and protests are bad news," Laffer told me on a phone call yesterday. China protests over lockdown measures could mean inflation gets stuck at 4%, according to Mohamed El-Erian.
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