My Investing Muse

Public Holidays Nil for China, Hong Kong, USA and Singapore Earnings Calendar FedEx's worrisome market outlook (about recession) has brought the market down. Apart from FedEx, the other one of interest is for Costco.  Costco's earning will be released on 22nd Sep 2022.  Being one of the big discount stores in the zector(s) of Consumer Defensive, they employ 288,000 full time employees. Yahoo Finance Costco overview For the last one year, the price fluctuation was between 406 and 612.  The price rose 9% from a year ago and is currently on a downtrend as per chart above. Analyts recommendations (Yahoo Finance) From the 29 analysts (above), Costco remains a buy rating (2.1 out of 5 as per above) with the following recommendations: 7 - strong buy 11 - buy 11 - hold Investing dot com - Forecast for earnings of Costco For the coming earnings, the market forecast is 4.15 and 71.64B for EPS and revenue accordingly.   On 26 Jul 2022, the nation's largest retailer Walmart...

Holidays Nil for Singapore, Hong Kong, China & USA  News Summary for the week ending 22 May 2022 Fish and chips are among the most common dishes in the UK, which is deeply dependent on imports from Ukraine and Russia. According to NFFF officials, around 40% of the industry's cod and haddock come from Russia, and 50% of its sunfloweroil is from Ukraine. The UN warns that 49 million people across 43 nations are facing emergency levels of hunger. The UN Secretary-General says the crisis in Ukraine will have lasting implications around the world. Inflation of global economies since 2020 From the charts above, most major economies are fighting inflation since 2020.  Only China is seeing a downward trend for inflation.   China continues to record a net inflow of cross-border capital in April 2022. Recession taunts the market as earnings disappoint.  It may not be a taunting as we could well be part of the recession.  Mr Powell signalled on Tuesday that the ce...