Economic Outlook

Trump And Biden: How The Stocks Divvy Up

Stocks are just as polarized as people these days. After all, the market is mostly run on sentiment, so it only stands to reason.

Whether you’re a Trump supporter or a Biden supporter, a die-hard Republican or no-questions-asked Democrat (because there’s no in-between anymore), stock picks tend to align with political “ideals”.

And for those who are true market players, the game is on to identify those stocks that could end up being big winners or losers coming out of the November 3rd presidential elections, assuming the market emerges unscathed as a whole.

Below are our Top 10 picks based on a Trump or Biden victory in November:

The Trumpite’s Stock Portfolio

In the event of a Trump victory (a real one, not a “refuse-to-step-down version), the stocks that could end up gaining nicely are likely to be found in the energy and financial sectors from a de-regulatory point of view, as well as among those companies who have already raked in coin from the Trump administration’s corporate tax breaks…CLICK for complete article

A Beginner’s Guide To Interpreting Drill Results

If you want to achieve a high success rate as a natural resource investor, then you must have the ability to accurately interpret drill results. This is something that few retail investors are capable of doing and therefore is a simple way of getting the upper hand over other speculators.

In this article we will use Unigold and their highly anticipated sulphide drilling results which are set to come out at the end of the week, as an example.

Resource Classification

Before we delve into the interpretation of drill results, we must first need to know the different classifications of resources and what they each mean.

There are three categories that resources can be classified into: measured, indicated, and inferred. The different classifications are assigned based on degrees of confidence with resources in the ‘measured’ category having the highest degree of confidence and ‘inferred’ having the lowest. The following table summarizes the degree of confidence assigned to each category of resources….CLICK for complete article

Copper price surges on booming Chinese factories

Copper leapfrogged the pivotal $3 a pound level on Wednesday after a key gauge of the Chinese manufacturing sector, the world’s top consumer of the metal, showed new orders jumping to a nine-year high.

Copper for delivery in December trading on the Comex market in New York changed hands for $3.0415 a pound ($6,705 a tonne) in early afternoon trade, up 1.7% from Tuesday’s settlement.

Wednesday’s move brings gains for 2020 to 9.1% and 57% since the covid-19 lows struck in March. A fortnight ago, the bellwether metal reached the highest price since June 2018.

Domestic and export orders booming

Capital Economics said China’s September PMI readings suggest that “the economy is now entering a period of above-trend growth, which is indisputably good news for the prices of commodities, particularly industrial metals.” CLICK for complete article

Biden Vs. Trump: 10 Best Prop Bets For The First 2020 Presidential Debate

Will Joe Biden or Donald Trump curse during the Sept. 29 debate? Who will take the first drink of water?

What are the odds Trump will walk to the podium wearing a mask?

On Tuesday, 2020 Democratic presidential nominee Biden and incumbent Republican Trump will go toe-to-toe in the first presidential debate.

Oddsmakers have a large menu of proposition bets in store to make the debate all the more interesting.

The Presidential Debate Details

The debate will take place at 9 p.m. ET Tuesday at Case Western Reserve University in Cleveland, Ohio.

Fox News will be broadcasting the debate and Chris Wallace, anchor of Fox News Sunday, is set to moderate.

The debate is being conducted with an audience, and attendees are required to get a COVID-19 test within 72 hours of the event.

2020 Debate Topics

This first debate will see six topics discussed, according to the Commission on Presidential Debates:

 

  • Supreme Court nominations
  • The COVID-19 pandemic
  • The U.S. economy
  • Integrity of the election
  • Race in America
  • Their records on miscellaneous issues

Each topic will receive 15 minutes of debate time. No commercial breaks will be held.

A discussion on Trump’s tax returns is likely to make it on air Tuesday.

On Sunday, the New York Times published a story revealing Trump paid $750 in U.S. income taxes in 2016 and 2017.

2020 Debate Prop Bets

The following are the most fascinating prop bets available for the Sept. 29 presidential debate….CLICK for complete article

“Enormous Uncertainty” Despite Fed Fueled Market Surge

“Enormous Uncerntainty.” That is how SimplyWise stated the situation in their latest “retirement confidence survey.” Such is despite a surging stock market from the March lows, trillions in liquidity support from the Fed, and a rebound in economic activity.

So, what’s the problem? Here is SimplyWise:

The current public heath, economic, and political reality in the United States has created enormous uncertainty for many Americans. A majority of citizens lack the savings to last them even three months. That savings gap is even more drastic when it comes to retirement. Indeed, the pandemic has wrought havoc on the retirement plans of many, driving some into early retirement and forcing others to postpone long-anticipated retirement plans. A majority of people today are more concerned than ever about retirement. According to the September 2020 SimplyWise Retirement Confidence Index, 58% of Americans are more concerned about retirement today compared to a year ago.” – SimplyWise September Index

Major Highlights

  • Given the current economic climate, only 19% of Americans plan to invest more in the stock market. However, only 34% of households with an income of more than $100k plan to invest more in stocks. 
  • 40% of respondents are planning to save more.
  • 51% of Americans think the stock market will decline by 20% over the next 6-months. Only 5% believe it’s improbable.
  • 36% believe the economy will worsen in the next 6-months, and 28% think it will get better.
  • 63% of Americans are confident in the future of Social Security if Biden is elected versus only 44% if Trump is elected.
  • 86% of Americans are concerned that the current payroll tax will hurt Social Security in the long term.  (90% of Dems and 83% of Republicans). 

There are several critical issues in the index which encapsulate the ongoing financial distress that existing before the pandemic, but have since markedly worsened…CLICK for complete article