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☆ 'Remain fully invested:' Evercore's Emanuel names the stocks set to outperform
▼ + stars: | 2023-07-26 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Evercore ISI's Julian Emanuel says it's time to buy "sector neutral" stocks with earnings momentum but lagging price momentum. Names with earnings momentum Emanuel told CNBC on Tuesday that there's a group of stocks whose earnings momentum is "superior to peers." "We recommend remaining fully invested, shifting focus to a sector neutral quant screen of stocks whose EPS momentum is better than peers yet whose price momentum lags since the March inflection to Maximum Momentum," he wrote in a July 23 note. "Such 'Earnings Mo' to Price Mo'" stocks could be expected to outperform as price momentum leaders 'cool off,'" he wrote. But he said that the long-term story is "exceptionally robust," thanks to an expected "productivity boost" from China.

Persons: Evercore, Julian Emanuel, Emanuel, Price Mo, CNBC's Organizations: CNBC, Deere & Co Energy, Cheniere Energy, Alnylam Pharmaceuticals Communication, Pinterest, Eversource Locations: China

☆ This Is Ischia’s Moment in the Sun
▼ + stars: | 2023-06-09 | by ( Ondine Cohane | ) www.nytimes.com time to read: +1 min

I fell for Ischia well before I ever visited it in person. The couple’s beautiful, tanned physiques and relaxed smiles, the perfect sand and tranquil sea, were a cinematic ad to move to Italy, and to Ischia, immediately. Ischia is one of a trio of islands (known as the Phlegraeans) off Naples that also includes Capri and Procida. There are simple bars, beach clubs and harbors more likely to dock fishing boats than megayachts. Add in natural thermal spas, lush vineyards and deserted coves, and it’s easy to see why Ischia is quickly become one of Italy’s rising destinations.

Persons: Ripley, Tom, Marge, Dickie, Procida, Marie, Louise Sció Locations: Ischia, Italy, Naples, —

June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Analysts say slower hotel development will also limit profits of blue-chip manufacturers like Caterpillar Inc. , whose commercial real estate customers account for around 75% of construction sales. Overexposed regional banks are now offloading commercial real estate loans at a discount. Troubled regional lender PacWest Bancorp (PACW.O) announced in May it would sell $2.6 billion worth of real estate construction loans. Banks started to reduce their hotel loan portfolios in the first quarter of 2023, an analysis by S&P Global Market Intelligence found.

Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru

Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Western Alliance, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru

☆ Analysis: Overexposed US regional banks could sell commercial property loans
▼ + stars: | 2023-05-17 | by ( Matt Tracy | ) www.reuters.com time to read: +5 min

Still, previously unreported data from New York-based real estate data provider Trepp, shared with Reuters, show many regional banks' holdings exceed thresholds stipulated by regulators. While big banks have recently warned about CRE exposure, the new Trepp data underscores how acute and widespread the problem is across the banking sector. The regulatory guidance requires that banks exceeding these thresholds "should employ heightened risk management practices," including potential sales of specific loans. Meanwhile, New York Community Bancorp (NYCB.N) and Flagstar Bank [RIC:RIC:FBCANK.UL] were among the top five banks listed by Trepp that exceeded the CRE loan threshold. In Tuesday congressional testimony, FDIC chair Martin Gruenberg warned CRE loan portfolios "face challenges" should market conditions persist.

☆ Mike Dever has a 40-year track record of outperforming various markets by rejecting conventional wisdom. He told us 4 ways investors can mimic his approach today.
▼ + stars: | 2023-04-26 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Mike Dever is the founder and CEO of Brandywine Asset Management and author of "Jackass Investing." Over the course of four decades in investing, Michael Dever has learned that the bedrock of most people's beliefs about the stock market are faulty. Investing in stocks and bonds is adequate portfolio diversification? Dever says investors cost themselves a lot of money every year by falling for phony conventional wisdom, and that there's a better way to invest. Investors also accept limits on how much profit they'll make, but an investor who's concerned about a market downturn might see that as a worthwhile trade.

☆ 5 Fantastic Sancerres You Can Actually Afford
▼ + stars: | 2023-04-21 | by ( Lettie Teague | ) www.wsj.com time to read: 1 min

WHAT WINE is recession-proof, fad-proof and seemingly immune to any bad press it gets? Sancerre, the white wine made from Sauvignon Blanc in the Loire Valley of France, has also been called overexposed, overproduced and overpriced. When restaurateurs price wines higher because they are sure to sell, it’s often called “the Sancerre tax.”

☆ JPMorgan says commercial real estate decline is intensifying. Beware these exposed stocks
▼ + stars: | 2023-03-27 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

As commercial real estate comes under even greater pressure, investors should steer clear of these stocks that are overexposed to the sector, JPMorgan said. Commercial real estate is already facing more challenges this year than other parts of real estate, such as retail or lodging. Last year, office real estate dropped 37.6%, also on a total return basis. Given this, JPMorgan screened for a basket of stocks with direct and indirect exposure to U.S. commercial real estate. JPMorgan also identified pharmacy store chains Walgreens Boots Alliance and CVS Health as having direct exposure to any slowdown in commercial real estate.

☆ Credit Suisse reinforces Japan’s offshore anxiety
▼ + stars: | 2023-03-21 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +4 min

HONG KONG, March 21 (Reuters Breakingviews) - The crisis at Credit Suisse has traders wondering who’s next. Japanese lenders, with their staid depositor bases, look like unlikely targets for bank runs. Yet the rising cost of short-term dollar and euro credit, combined with extreme yen volatility, have made hedging much more expensive. Domestic commercial lenders alone held $600 billion of international debt securities at the end of 2022, and some look overexposed. Take Japan Post Bank (7182.T), a $32 billion institution whose parent is partly owned by the Ministry of Finance.

☆ Companies scramble to meet payroll, pay bills after SVB's swift failure
▼ + stars: | 2023-03-10 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

In this article SIVB Follow your favorite stocks CREATE FREE ACCOUNTEmployees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. They'll receive a dividend within a week covering an undetermined amount of their money and a "receivership certificate for the remaining amount of their uninsured funds." Clients with uninsured funds — anything over $250,000 — don't know what to do. Gilbert said he's advising portfolio companies individually, instead of sending out a mass email, because every situation is different. "I got emails saying saying don't send money to SVB, and if you have let us know," Gilbert said.

☆ Crypto's go-to bank collapsed. What now?
▼ + stars: | 2023-03-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Yesterday, the financial world witnessed a classic run on the bank when Silvergate Capital, the go-to US lender for crypto companies, said it would wind down its operations and voluntarily liquidate. ICYMI: Silvergate was, for most of its existence, a traditional Southern California regional bank. In the same period, the global crypto industry has lost two-thirds of its value, falling from a $3 trillion market cap to $1 trillion. I’ve heard the “don’t blame crypto” argument a thousand times. And it was the same story nearly a year ago, when the Terra/Luna crash last spring wiped out billions overnight — don’t blame crypto; those were toxic algorithmic stablecoins, you can’t trust those.

☆ How Wall Street firms lift the velvet rope on funding deals for buzzy startups like Stripe for their wealthiest clients
▼ + stars: | 2023-02-24 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Goldman Sachs has invited wealth management clients to invest in fintech unicorn Stripe, as reported by Bloomberg. The message was a rare peek into how the richest bank clients can access investments normally off-limits to individual investors. Insider redacted the wealth management vice president's name and email address to protect their privacy. Citi and JPMorgan, for instance, both have teams dedicated to direct private investments for private bank clients. Private wealth is a real power alley for us, and those continue to be good sources of funding," said Salisbury at a conference in September.

☆ Rise of 'zombie' VCs haunts tech investors as plunging valuations hammer the industry
▼ + stars: | 2023-02-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Startup investors are increasingly warning of an apocalyptic scenario in the VC world — namely, the emergence of "zombie" VC firms that are struggling to raise their next fund. Life becomes harder for zombie firms in a higher interest rate environment, as it increases their borrowing costs. Investors expect this gloomy economic backdrop to create a horde of zombie funds that, no longer producing returns, instead focus on managing their existing portfolios — while preparing to eventually wind down. "There are definitely zombie VC firms out there. "We're going to see a lot more zombie venture capital firms this year," Steve Saraccino, founder of VC firm Activant Capital, told CNBC.

☆ China's real estate crisis isn't over yet, IMF says
▼ + stars: | 2023-02-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

China's real estate market has slumped in the last two years after Beijing cracked down on developers' high reliance on debt for growth. Future Publishing | Future Publishing | Getty ImagesBEIJING — China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday. Chinese authorities started to ease restrictions on financing for the sector over the last several months. Still, residential floor space sold in China dropped by nearly 27% last year, while real estate investment fell by 10%, according to official numbers. The IMF report pointed out that a significant portion of investors in Chinese developers' bonds have been affected.

☆ Buyout barons will court the panicking masses
▼ + stars: | 2022-12-20 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

Since they’ve already scoured traditional funding sources like pension funds and insurers, they’ll make a priority of tapping wealthy individuals in 2023. Even those slower to embrace the trend, like Carlyle (CG.O), are getting about 10% of inflows from individuals. Pension plans and other stalwarts have seen their stocks and bonds slump in value, potentially leaving them overexposed to buyout funds, private credit, real estate and infrastructure. These investors don’t always have the resources or stomach to lock up their money for half a decade or longer. Third-party platforms like Moonfare are proliferating, pooling retail capital into vehicles that buy stakes in buyout funds.

☆ When China and Saudi Arabia meet, nothing matters more than oil
▼ + stars: | 2022-12-08 | by ( Laura He | ) edition.cnn.com time to read: +9 min

Saudi Arabia is China’s largest trading partner in the Middle East and the top global supplier of crude oil. Saudi Arabian Foreign Ministry/Anadolu Agency/Getty ImagesEnergy is coreLast year, bilateral trade between Saudi Arabia and China hit $87.3 billion, up 30% from 2020, according to Chinese customs figures. China’s crude imports from Saudi Arabia stood at $43.9 billion in 2021, accounting for 77% of its total goods imports from the kingdom. Beyond security of supply, Saudi Arabia could offer Beijing another prize with bigger geopolitical ramifications. Eurasia Group’s Kamal believes it’s “highly unlikely” that Saudi Arabia would take such a step, unless there is an implosion on the US-Saudi relationship.

☆ More holiday shoppers are using 'buy now, pay later' services like Affirm & Afterpay. Financial advisors warn that it's a useful tool that can quickly pile on debt.
▼ + stars: | 2022-12-06 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +4 min

Buy now, pay later usage surged 85% during Cyber Week, according to data from Adobe Analytics. According to recent data from Adobe analytics, "buy now, pay later" usage surged 85%, and revenue increased 88% during Cyber Week compared to the week before. Unlike credit cards, most BNPL services don't require a credit check and don't charge interest. Rules of the roadMany experts agree that using a buy now, pay later service can be helpful when shoppers exercise caution. Dickens said he advises his clients to "Make sure you don't have more than two buy now, pay later installment loans.

☆ Jennifer Lawrence says Adele warned her not to do misfire movie ‘Passengers’
▼ + stars: | 2022-11-02 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Rumor has it, Adele isn’t just a great singer – she’s also great at career advice. That is, at least, according to Jennifer Lawrence. Regarding her 2016 movie “Passengers,” which co-starred Chris Pratt and stands as one of the less acclaimed films of her decorated career, Lawrence said, “Adele told me not to do it! “I was like, ‘Oh no, you guys are here because I’m here, and I’m here because you’re here. Wait, who decided that this was a good movie?’” the actress told the Times.

The company's chief executive Patrick Pouyanne travelled to Doha to sign a deal with QatarEnergy chief Saad al-Kaabi for the North Field South (NFS) expansion, saying that the deal came at a "perfect time" when world leaders particularly in Europe were seeking new LNG supplies. Qatar's North Field expansion project will boost its position as the world's top LNG exporter and help guarantee long-term supplies of gas to Europe as the continent seeks alternatives to Russian flows. He said he could not disclose the total cost of the NFS project as some onshore contracts had not yet been finalised. Qatar's North Field expansion plan includes six LNG trains that will ramp up its liquefaction capacity from 77 million tonnes per annum (mtpa) to 126 mtpa by 2027. It awarded contracts for the first phase of the expansion project, North Field East (NFE), which includes four trains, earlier this year.

☆ Here's how we're positioned in four sectors and some of the stocks we like in each
▼ + stars: | 2022-09-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +4 min

Here's quick look at some economic downturn-resistant sectors in consumer staples and health care; our energy inflation hedge; and how to play out-of-favor tech. We're talking about Club names Apple (AAPL), Amazon (AMZN), Microsoft (MSFT) and Google-parent Alphabet (GOOGL) to name a handful. All four of those big tech stocks are rated as a 1 , meaning we view them as buys at these levels. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Biden may soon put a floor on sinking oil prices. That’s good for our energy stocks
▼ + stars: | 2022-09-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

When the government decides to start buying, oil prices could get some nice support, which would be good for our energy holdings. When a player like the U.S. government goes from supplier to buyer, its a pretty positive sign for those that benefit from higher oil prices. Remember, the variable part of the dividend payments that all three companies pay are tied directly to free cash flow generation. Coterra's free cash flow breakeven is about $40 per barrel as of its second quarter results. In July 2021, U.S. oil prices fell below $70 after OPEC said it would increase output as Covid fears weighed on global demand.

☆ Jim Cramer's Guide to Investing: Principles to help you manage your portfolio
▼ + stars: | 2022-09-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +40 min

At the CNBC Investing Club, we strive to help members manage their own portfolios by showing them how we do it. Principles 1-5 Principles 6-10 Principles 11-15 Principles 16-20 Principles 21-25 1. The reality is, you want to buy stocks that you believe will go higher, and sell those you believe will go lower. Don’t buy all at once; arrogance is a sin Accept that you will never be correct 100% of the time and use that knowledge to your advantage. Expect corrections; don’t be afraid of them When it comes to the stock market, eventually a correction will happen.

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