Finimize - 🚀 Emerging markets might take off

Chevron couldn’t impress investors | H&M’s profit took a plunge |
Finimize

Hi Reader, here's what you need to know for January 30th in 3:15 minutes.

😳 The last few years proved that searching for certainty is a fool’s errand these days. So join Cobblestone Capital Advisors’ Jesse Cramer for Healthy Investing Habits for Uncertain Times on February 14th, and find out how to tailor your portfolio for the uber-unpredictable 2020s. Get your free ticket

Today's big stories

  1. Chevron reported mammoth takings, but investors still weren’t satisfied
  2. Here’s where you could find the stock stars of the next decade – Read Now
  3. H&M’s profit went into free fall last quarter

Weak And Oily

Weak And Oily

What’s Going On Here?

Oil giant Chevron reported some lackluster quarterly results on Friday.

What Does This Mean?

For an energy source that’s apparently past its best, there sure is a lot of money left in fossil fuels, especially since the war in Europe drove prices near all-time highs last year. And that climate’s got analysts all excited: they’ve been betting that Western oil giants – including ExxonMobil, Shell, and BP – will report a record-breaking combined profit of around $200 billion for 2022. Chevron was first up, announcing a nearly $37 billion annual profit – double 2021’s figure and a stone-cold $10 billion higher than its previous record. But that didn’t wow hard-hearted investors, who were more interested in last quarter’s slowdown: after all, Chevron made a paltry $6.4 billion profit, a far cry from the $8.2 billion that wide-eyed analysts had dreamed of.

Why Should I Care?

Zooming in: Making it pour.
Chevron’s shareholders shouldn’t get too stroppy: late last week the firm announced its biggest ever share buyback scheme, to the tune of $75 billion – enough money for Chevron to buy almost any of its US-based competitors (tweet this). But while flexing that hard is cool and all, there was one person who wasn’t impressed: Uncle Sam. See, the US government thinks Chevron’s cash would be better spent topping up oil supplies to bring prices down for consumers. And although Chevron said it can do that and reward shareholders, it’s barely expecting to up production this year – so, not entirely convincing…

The bigger picture: Counting on China.
The price of Brent crude – a key oil benchmark – has fallen about a third since June, as folk fret that the global slowdown’s poised to hit demand. But Chevron’s betting that the reopening of China, the world’s biggest oil importer, will ramp up demand while supply remains tight. Some analysts agree, predicting that prices could surge past $100 a barrel again this year.

Copy to share story: https://go.finimize.com/wp/news/weak-and-oily/

🙋 Ask a question

Analyst Take

Get Ready For The Emerging Markets Era In Stocks

Get Ready For The Emerging Markets Era In Stocks

By Russell Burns, Analyst

Emerging markets are going to produce the stock stars of the next decade, Morgan Stanley Investment Management says. 

It’s why the fund giant, with its $1.3 trillion under management, has been moving money out of expensive US stocks and putting it in ones from developing economies, particularly India

And according to new data, it’s not the only one.

That’s today’s Insight: where the stock stars of the next decade could come from.

Read or listen to the Insight here

Finimize x Revolut

They say you can’t put a price on knowledge, so we didn’t.

Now you can get six free months of Finimize Premium, meaning you can sink your teeth into our expert analysts’ Insights without paying a penny.

And when you’re ready to put that knowledge to use, you can enjoy three months of free Revolut Premium too.

We’ll even send you £10 or equivalent as a thank you for reading this far.

Our community wants to know your name

Building a good brand is hard work.

So if you’re proud of the work you do, you best make sure everyone knows about it.

You could start by introducing yourself to our one-million-strong community: they’re a global bunch of switched-on, savvy retail investors who want to take their investing skills up a notch.

And if your tips, tools, or platform – plus whatever else you have up your sleeve – could help them do that, then this might be just the right spot for you to show off what you have to offer.

Make sure everyone knows your name: introduce yourself to over one million retail investors.

Get In Touch

Folding Clothes

Folding Clothes

What’s Going On Here?

H&M reported on Friday that its profit took a nosedive last quarter.

What Does This Mean?

H&M is the world’s second-biggest clothing retailer, but that reputation probably wasn’t much consolation during last quarter’s hammering. For a start, getting goods in the door got more expensive, which wasn’t helped by the strong US dollar upping the cost of sourcing clothes. And good old H&M didn’t just offload those costs on customers: it swallowed some itself – which might have helped sales a little, but certainly hurt profit a lot. That’s not to mention the so-called “cost-cutting program” that’s actually increased costs in the short term. It all proved too much for H&M, still reeling after the war in Ukraine closed its profitable Russian business: the firm announced its operating profit fell a disastrous 87% from the same time the year before.

Why Should I Care?

For markets: Dress to unimpress.
H&M’s share price has dropped so far that it’s underperforming arch-rival Inditex by over 30% in the last year. And that’s no surprise: by one key profitability measure, H&M’s achieved about half of what Inditex has these past four years. One reason for that is that the Swedish retailer lacks Inditex’s manufacturing flexibility, winding up with piles of unwanted clothes it’s having to discount heavily to get out the door. So sure, H&M has some valiant self-improvement plans – like sourcing stock closer to home in order to cut shipping costs – but it could be a while before those measures bear fruit.

Zooming out: Lap of luxury.
Luxury giant LVMH doesn’t have to bother with plebeian tactics like “cutting costs”: just last week the super-luxe conglomerate – owner of big-name, big-price-tag brands like Louis Vuitton and Dior – announced that 2022 was a record success. And the company’s gearing up for more of the same in 2023: a fairly safe bet given that China, the world’s second-biggest luxury market, is about to regain its appetite.

Copy to share story: https://go.finimize.com/wp/news/folding-clothes/

🙋 Ask a question

💬 Quote of the day

“Ability will never catch up with the demand for it.”

– Michael Forbes (an American art collector, author, and publisher)
Tweet this

🌍 Finimize Live

🥳 Coming Up Soon…

All events in UK time.

📈 How To Hedge Against Volatility With Crypto: 5pm, February 2nd
💰 How To Build A Smart Portfolio: 1pm, February 14th
💸 Healthy Investing Habits For Uncertain Times: 6pm, February 14th
👩‍💻 Opportunities For Women In Blockchain 2023: 12.30pm, February 16th
🗞 The Relationship Between News And The Markets: 5pm, February 21st
✍️ What Are Investment DAOs And How Do They Work?: 6pm, February 22nd

🎯 On Our Radar

  1. Out-growing grownups. The whole era of “adulting” is over.
  2. Born to blush unseen. Discover the world’s furthest away flower.
  3. Wellness is getting ridiculous. Folks are fed up with TikTok’s anti-aging tips.
  4. Singular sickness. When it comes to health, being unique isn’t a blessing.
  5.  Meet Detective Podcast. This show helped to solve a murder.
❤️ Share with a friendYour Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend.

Share your unique link:

https://finimize.com/invite/?kid=177ZWC

You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: MITstudio - Shutterstock | tomas garcia - Shutterstock

Preferences:

Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails

😴

Crafted by Finimize Ltd. | 280 Bishopsgate, London, EC2M 4AG

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021

View Online

Key phrases

Older messages

🚛 The US kept on trucking

Thursday, January 26, 2023

The US economy slowed less than expected | Diageo's sales jumped | TOGETHER WITH Hi Reader, here's what you need to know for January 27th in 3:10 minutes. 👣 Good balance helps you stay on your

🧧 China partied hard

Wednesday, January 25, 2023

China's celebrations bode well for the economy | ASML hit it out of the park | TOGETHER WITH Hi Reader, here's what you need to know for January 26th in 3:08 minutes. ❤️ This Valentine's

😊 Here’s why Europe’s smiling

Tuesday, January 24, 2023

Microsoft reported some stellar results | The eurozone's off to a running start | TOGETHER WITH Hi Reader, here's what you need to know for January 25th in 3:10 minutes. 🌙 Taking a leap in the

💰 Move over, Ray Dalio

Monday, January 23, 2023

Elliott Management got ready to shake Salesforce | Citadel made a record-breaking profit | TOGETHER WITH Hi Reader, here's what you need to know for January 24th in 3:07 minutes. 🐻 The crypto bear

⬇️ Sales slipped

Sunday, January 22, 2023

Alphabet announced thousands of layoffs | Retail sales dropped in December | Finimize Hi Reader, here's what you need to know for January 23rd in 3:11 minutes. 🎙 Your commute is never going to be

You Might Also Like

This woman made investing history

Thursday, March 28, 2024

And so can you. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Simple Solution Worth Billions to Walmart and Amazon

Thursday, March 28, 2024

The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. Dear Investor, In warfighting, there's a saying: "Amateurs

Markup matters: monetary policy works through aspirations

Thursday, March 28, 2024

Tim Willems and Rick van der Ploeg Since the post-Covid rise in inflation has been accompanied by strong wage growth, interactions between wage and price-setters, each wishing to attain a certain

🇯🇵 Japan's latest low

Wednesday, March 27, 2024

Visa and Mastercard cut merchants some slack | Japan's yen hit a 30-year low against the US dollar | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 28th in 3:14

‘Out of the blue’ correction

Wednesday, March 27, 2024

Bloomberg Evening Briefing View in browser Bloomberg With a number of market watchers warning of a bubble, traders are increasingly on the lookout for signs of the cliff's edge. But if you ask

🗺️ Your guide to a finance mega-trend

Wednesday, March 27, 2024

Plus, “money dysmorphia” and how to choose between a 401(k) and IRA. ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌ 

How to keep your crypto gains more secured

Wednesday, March 27, 2024

Don't risk losing your savings to hackers. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Issue #231: Why some people don’t have bank accounts

Wednesday, March 27, 2024

plus speed puzzling + the quad God ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Harry's Take 3-27-24 Expecting a Deeper Recession

Wednesday, March 27, 2024

image Harry's Take March 27, 2024 Each Recession Since 1990 Has Been Deeper The 1990 recession was small and shallow. The great Baby Boom economic explosion began in 1983, anticipated by the 1982

Another reason to care about investment taxes

Wednesday, March 27, 2024

Alex Kontoghiorghes Do lower taxes lead to higher stock prices? Do companies consider tax rates when deciding on their dividend pay-outs and whether to issue new capital? If you're thinking '