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FORECASTS & TRENDS E-LETTER

by Gary D. Halbert

February 14, 2023

IN THIS ISSUE:

1. Inflation Soared To A 40-Year High In 2022, Up Over 9%
2. Why Precious Metals Failed To Perform As Inflation Hedges

Following is the unofficial transcript of a CNBC exclusive interview with Bank of America Corp (NYSE:BAC) Chairman & CEO Brian Moynihan on CNBC’s “Squawk on the Street” (M-F, 9AM-11AM ET) today

What’s New In Activism – ValueAct Takes Stake In Spotify

ValueAct Capital Management took a stake in music streaming company Spotify Technology SA (NYSE:SPOT) in a move expected to push for a

Coca-Cola Co (NYSE:KO)’s organic revenues grew 15% to $10.1bn in the fourth quarter, driven upwards by higher average selling prices.

Underlying operating income rose 21% to $2.1bn. This reflects

Month-on-month inflation reports and the Federal Reserve’s responses won’t fixate investors, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech

Ever since the onslaught of the pandemic, workers across several industries have been quitting their jobs in record numbers in search of an improved work-life balance, better pay, and more

Companies with a strong earnings growth rate are usually on traders’ radars. Thus, it is important to keep track of stocks that are due to announce their earnings report card. The fourth quarter

The cost of childcare is a concern of many parents. To address this, a bipartisan group of North Dakota legislators has proposed a tax credit for parents. This proposed tax credit for parents in

Toronto, Canada, 15th February, 2023, Chainwire

Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be

• Regarding Medtronic patent infringement allegations, CA court ruled in favor of Colibri.
• The ruling dragged MDT shares, recovery is underway.
• Historically, MDT bounces back after a big decline

• Checkpoint Software had a better-than-expected quarter but gave light guidance.
• The company is still forecasting growth but earnings may take a hit.
• Analysts’ support is helping to drive the stock

• Under Armour had a solid fiscal Q3 2023 top and bottom lines beats.
• The Company raised fiscal full-year 2023 EPS guidance.
• The stock initially gapped but collapsed over (-10%) in the following

On February 14, 2023 at 15:33:52 (ET) an unusually large $37.50K block of Put contracts in indie Semiconductor, Inc. (INDI) was bought, with a strike price of $7.50 / share, expiring in 94 days (on

The Rule of 72 is a general mathematical guideline, in financial planning, that determines how long an investment portfolio will take to double. The Rule assumes a fixed rate of return (ROR), and

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

No Pivot

This is a big week for economic news. The Labor Department on Tuesday announced that the

• European equities start week on a positive note as EU expected to skirt recession
• FTSE skyrockets again and US trading steady ahead of key inflation data
• TUI boosts passenger numbers by one

How much money can you, as an individual investor, really expect to make from investing?

I’m not talking about in a single year… or even five years. I mean over the life of a typical investor—40

In his Daily Market Notes report to investors, Louis Navellier wrote:

Higher Than Expected CPI

CPI comes in above estimates, and the market opens down but was flat in the first half hour.

Market

Dear fellow investors, 

A 1930 movie made in the mania toward the end of the Roaring Twenties called Happy Days are Here Again started with this opening stanza:

So long sad times

Go long bad times

• Shell (LON:SHEL), Endava (NYSE:DAVA), and AstraZeneca (LON:AZN) are the first, second, and third most Googled UK stocks in Europe, respectively
• The oil and gas industry was the most searched

Fatal Shooting at MSU – Most Colleges Still Woefully Unprepared; International Study Provides Simple Inexpensive Precautions, But Largely Not Followed

Fatal Shooting At Michigan State University

In his Daily Market Notes report to investors, Louis Navellier wrote:

Risky FOMO

The S&P bounces back over 4,100 despite higher interest rates.

Stocks are motoring back towards last week’s highs in

Swanage, United Kingdom, 14th February, 2023, Chainwire

 UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon

Vertiv Holdings Co (NYSE:VRT): Cash Don’t Lie[1]

VRT Likely Insolvent in 2023

Rating UNDERPERFORM

Price (14 February-23): $15.22

Target price: $0.00

52-week price range: $7.76 – $27.97

Market

South Carolina approved the $800 tax rebate program in June of last year. The state started issuing the first round of payments in November to those who filed their 2021 return by October 17. If