Stephen Harper’s Blueprint for Economic Growth and Middle-Class Prosperity
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Stephen Harper spoke at the North American Blockchain Summit on November 20, 2024, discussing blockchain's potential for economic growth; Harper emphasized the middle class's importance in elections, referencing his 2018 book 'Right Here, Right Now'; Canada was the only G7 country to fully recover from the 2008-2009 financial crisis; under Justin Trudeau, Canada's GDP-per-capita growth averaged 0.3%; U.S. national debt exceeds $36 trillion; Trump’s DOGE initiative aims to cut government spending; gold prices rose over 31% in 2024, with Goldman Sachs predicting $3,000 per ounce by 2025; Bitcoin nears $100,000; airline fares increased by 3.2% month-over-month; Bombardier stock rose 15%; crude palm oil dropped 8.13%; lithium production in Zimbabwe surged; MicroStrategy shares fell 30% amid bearish comments; gold futures closed at $2,733.80, up 5.41%; Newmont sold its Musselwhite gold mine for up to $850 million.
#StephenHarper #Blockchain #Economy #Gold #Bitcoin #Trudeau #UsDebt #Airlines #Lithium #MarketTrends
https://www.usfunds.com/resource/stephen-harpers-blueprint-for-economic-growth-and-middle-class-prosperity/
Betting Against America Has Never Been a Winning Strategy
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Warren Buffett stated in 2022 that betting against America has never made sense; U.S. economy projected to grow 2.8% in 2024, outperforming G7; Emerging Europe fund closed due to lack of competitiveness; U.S. tech sector leads globally with companies like Apple and Google; U.S. stock market expanded eightfold since 2008, while European market stagnated; 51.4% of investors expect stock market rally to continue; U.S. national debt at $35.8 trillion; inflation risks remain; political cycles do not deter U.S. growth; airlines report mixed results; crude palm oil up 7.32%, natural gas down 13.81%; BP Plc hints at slowing share buybacks; TerraPower invests in uranium enrichment in South Africa.
#Investment #Economy #WarrenBuffett #UsGrowth #StockMarket #Airlines #Commodities #Debt #Innovation #Regulation
https://www.usfunds.com/resource/betting-against-america-has-never-been-a-winning-strategy/
It’s Time to Reconsider Airline Stocks. Here Are Four Reasons Why.
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Frank Holmes discusses the potential resurgence of airline stocks as of September 13, 2024; Bank of America reports strong TSA throughput with over 2.5 million daily passengers; July 2024 saw a record of 3 million passengers screened in one day; U.S. airlines are reducing domestic capacity to improve pricing power; lower fuel prices are expected to boost earnings for airlines like United and Alaska Airlines; historically, airlines outperform in the fall, particularly in September, October, and November; U.S. airlines reduced debt from $168 billion in 2021 to $143 billion in 2023; American Airlines announced a purchase of 260 new aircraft in March 2024; Delta raised its earnings expectations to $5-$7 per share despite challenges; Alaska Airlines raised its earnings outlook due to strong demand; Southwest Airlines is set for board changes with six directors retiring in November 2024; the article suggests that now is an ideal time for value-conscious investors to consider airline stocks.
#AirlineStocks #Investment #BankOfAmerica #Earnings #MarketTrends #Tsa #Capacity #FuelPrices #FallPerformance #DebtReduction
https://www.usfunds.com/resource/its-time-to-reconsider-airline-stocks-here-are-four-reasons-why/
It’s Time to Reconsider Airline Stocks. Here Are Four Reasons Why.
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Frank Holmes discusses the potential resurgence of airline stocks as of September 13, 2024; Bank of America reports strong TSA throughput with over 2.5 million daily passengers; July 2024 saw a record of 3 million passengers screened in one day; U.S. airlines are reducing domestic capacity to improve pricing power; lower fuel prices are expected to boost earnings for airlines like United and Alaska Airlines; historically, airlines outperform in the fall, particularly in September, October, and November; U.S. airlines reduced debt from $168 billion in 2021 to $143 billion in 2023; American Airlines announced a purchase of 260 new aircraft in March 2024; Delta raised its earnings expectations to $5-$7 per share despite challenges; Alaska Airlines raised its earnings outlook due to strong demand; Southwest Airlines is set for board changes with six directors retiring in November 2024; the article suggests that now is an ideal time for value-conscious investors to consider airline stocks.
#AirlineStocks #Investment #BankOfAmerica #Earnings #MarketTrends #Tsa #Capacity #FuelPrices #FallPerformance #DebtReduction
https://www.usfunds.com/resource/its-time-to-reconsider-airline-stocks-here-are-four-reasons-why/
Manufacturing Weakness Could Signal Trouble for the Economy
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U.S. manufacturing shows significant weakening with S&P Global U.S. Manufacturing PMI at 47.9 in August 2024; Kamala Harris faces economic challenges if elected; JPMorgan Global Manufacturing PMI at 49.5, indicating global manufacturing decline; Sahm rule activated with July unemployment at 4.3%, predicting recession; yield curve inverted for 783 days, now positive; Peter Berezin predicts S&P 500 could drop 30% to 3,800; first Fed rate cut expected September 17-18, 2024; economic outlook uncertain, advising portfolio reevaluation.
#Economy #Manufacturing #Recession #Investing #KamalaHarris #FederalReserve #S&p500 #YieldCurve #LaborMarket #Inflation
https://www.usfunds.com/resource/manufacturing-weakness-could-signal-trouble-for-the-economy/
How Price Controls Could Harm the U.S. Economy Under a President Harris
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Kamala Harris supports Biden's 2025 tax proposals including a 44.6% capital gains tax and a 25% tax on unrealized gains; price controls, such as rent caps, are proposed as a solution to inflation, but economists warn they lead to shortages and stagnation; 21% average food price increase since Biden's inauguration; 75% of economists disagree that capping rent hikes at 5% annually would help long-term; Nixon's 1971 price freeze led to stagflation; taxing unrealized gains could drive capital out of the U.S.; 128,000 millionaires expected to relocate in 2024; U.S. power developers increased generation capacity by 20.2 gigawatts in H1 2024; gold surpassed $2,500 per ounce; significant declines in new gold discoveries; China approved 11 nuclear reactors to cut emissions.
#PriceControls #Economy #KamalaHarris #Taxation #Inflation #Nixon #CapitalGains #MarketForces #EconomicPolicy #WealthMigration
https://www.usfunds.com/resource/how-price-controls-could-harm-the-u-s-economy-under-a-president-harris/
Major Mining Firms Are Investing Billions in Zambia’s Copper Industry
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Zambia's mining sector accounted for 17.5% of the country's GDP and over 70% of foreign exchange earnings in 2021. Copper, the country's main export, plays a pivotal role in this regard. Major mining firms like Barrick Gold and First Quantum Minerals have announced significant investments in the country. Zambia's President Hakainde Hichilema has attracted attention from international investors with his pro-business and reform-oriented stance. The country aims to produce 3 million tonnes of copper annually by 2032. Zambia also has potential for surplus hydropower, which presents an investment opportunity for data centers. Hichilema's administration has been actively courting foreign investment and pushing back against Chinese influence. The country's mining boom and economic stability are contributing to its rising star status in Africa.
#Zambia #CopperIndustry #MiningFirms #Investment #HakaindeHichilema
https://www.usfunds.com/resource/major-mining-firms-are-investing-billions-in-zambias-copper-industry/
Notes by 86820c23 | export