Economic Outlook

Latin American Stocks Back In Fashion For 2019

With the crisis in Venezuela and more than a dozen major presidential elections in only two years, investor appetites for Latin American stocks riding a precarious wave of instability had dwindled—but the hunger is now re-emerging, with Brazil becoming all the rage.

So far this year has been the start of a Latin America comeback, now that 14 presidential votes are over and there’s room for investors to think optimistically about stability and reform, excluding Venezuela, of course. They’re eyeing a boost in economic growth that has attracted new emerging market investment money….CLICK for complete article

Morgan Stanley Upgrades Walmart, Says Premium Valuation Is Justified

Gutman said over the past five years, Walmart’s U.S. EBIT contracted on average by 52 basis points but management’s dedication towards cost control, expense leverage, stopping all store expansions, zero-based budgeting, and moderating e-commerce dilution will help U.S. EBIT margins expand by one basis points. EBIT can expand without the need for the company to give up its reputation of offering customers low prices and a high level of convenience….CLICK for complete article

Netflix Receives Its First Best Picture Oscar Nomination For ‘Roma’

Netflix is no stranger to Academy Award nominations, but the film — which follows the life of a live-in housekeeper to a middle-class family in Mexico — is the company’s first chance at bringing home the top prize. Netflix is up against a strong competitor in “Black Panther,” which was the highest grossing film in North America in 2018 with more than $700 million in ticket sales….CLICK for complete article

Private Firms Spent Record $93 Billion On Natural Resources

Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.

Fundraising by unlisted funds for investment in natural resources – oil and gas, timberland, farmland, water and mines – set a fresh record in 2018 and is likely to top $100 billion for the first time….CLICK for complete article

Full Show Jan 19th

Mike discusses how hard pipeline opponents have worked to ignore the strong support of First Nations for the proposed pipelines in order to alleviate poverty on reserves .  Vision Capital’s Jeff Olin, fresh off a major award for outstanding investment returns, talks some of the best real estate buys on the market. Ozzie drops by to talk reverse billing on the new speculation tax.