4. How To Identify Stock Market Direction (Trends) Part 1


Hi I’m Prateek Singh from MarketScientist
TV and welcome to another episode
Today we are going to learn about market direction, now it’s very interesting because everyone
keeps coming with this question “will the markets rise?” or “will the markets fall?”
well, using just a few technical tools and I’m not talking about indicators, just pure
price action we can actually determine market direction, now market direction is actually
referred to in the technical world as “trends” So a stock moving upwards, is in an uptrend
And a stock moving downwards is in a downtrend sometimes stocks reach in a no trade zone
or a sideways and this happens because as soon as markets go up it forces a situation
of supply and when markets fall down it forces a situation of demand coming in.
This was seen in the earlier half of December 2012 on the nifty hourly charts.
Lets move on, when we use concepts of supply and demand over long periods of time you must
realise that psychology exists on all timeframes, Except of course in tick-charts; wherever
you have good volume, markets will always behave in the same way if your concept is
technically sound. So let’s see how you can become your own amateur
financial analyst, determining whether your stock that you are stuck in or making a profit,
might continue to move up or might continue to move down.
Si the first thing we are going to learn is about a rally and a decline
A rally and decline are seen on a per bar basis, meaning we look at one bar and then
the next. Simply put a rally is an upmove
A Decline is simply a down move They together form something more important,
which we will discuss later lets look at a rally first,
So this is one bar this isn’t enough information, the next bar breaks the previous bars high
and this continues to happen Now you will notice that every bar is breaking
the previous bars high and its also having a higher low.
This means the market is in rally mode. Also remember in a real market situation this
may not happen consecutively but a general move up is still considered a rally.
A decline is just the opposite, and I’m sure intuitively u have understood what I’m about
to draw here. So the market falling down each consecutive bar breaking the previous bars
low and making a lower low every bar So that’s very simple, here is another rally,
which makes a new high and here is another decline. so now that we have that, you can see that
we have formed a wave structure, markets will always move in waves, markets will never plunge
down or move up unless it’s an erratic day or days. Over general long periods of time,
markets will always move in waves and this is very healthy.
So now that we have understood a rally and decline let’s move on to swing highs and a
swing low. Simply put the meeting point of a rally an
upmove and the immediate decline; this tent, mountain or this peak is called a swing high.
the opposite of this is a swing low, meaning the meeting point of a decline and the immediate
rally is a swing low. Now trends are made up of swing highs and
lows, people call these by different names but all technicals follow this because a swing
high is a naturally place of resistance, it basically means that the markets rallied hit
a supply point, either buying diminished of too much selling happened and we fell, now
the longer time frame between a swing high is untouched the more important it becomes.
At MarketScientist we follow trend following methods/systems, so awhat we discuss in this
video and the next is extremely important, if you don’t understand please rewind or you
can ask questions by emailing us or writing it in the comments below.
Here is a real example of a chart, this chart belongs to nifty and it is basically in downtrend,
but what we have to look now is the swing highs and swing lows.
I want you to take am moment and try to find the latest swing highs u can see here
I’m helping you a bit and marking all of the swing highs on this chart. I’ve marked them
with green circles. Next step is to indentify swing lows, now
before we proceed I want you to pause and take your time and look at the swing highs
and know that you have understood this. We are basically looking for peaks (swing highs)
and crests (swing lows). I’m marking the first the swing lows for you
and I want you to mark the resting your head or write it down somewhere. Pause this video
and find out all the swing lows, we will meet in the next video with the answers…. I’ll
be waiting for you then.

2019 Stock Market Outlook: Stocks to Watch, Trends, & Upcoming IPOs


Chris Hill: It’s the Motley Fool Money radio
show! I’m Chris Hill. Joining me in studio this week, senior analysts Matt Argersinger
and Aaron Bush. Happy new year, gentlemen! It’s our 2019 preview. We’ve got stocks to
watch, stocks to avoid, CEOs on the hot seat, and more. And, of course,
a few reckless predictions, as always. Before we get to the 2019 preview,
though, I think we have to talk about Apple. Shares of Apple falling 10% on Thursday after CEO
Tim Cook warned investors first quarter revenue was going to be about $5-$8 billion lower
than previously expected. Several reasons for that, Matty. The trade war in China, the economic
slowdown in China, the battery replacement program that they had last fall. This was
still pretty shocking development. Matt Argersinger: Lots of moving parts,
but you’re right. This was pretty bad. If you look back to their guidance in early November,
looking for between $89-$93 billion in revenue. To come in, then, at $84 billion, $5 billion
below the low end of your guided range, that’s a problem. CEO Tim Cook said that really 100%
of the miss was due to China and a contraction in the smartphone market there.
That’s a good excuse. It’s probably the right excuse. Investors have been questioning whether or not the
iPhone, especially the latest versions of the iPhones with the high price tags, could really penetrate
the highly competitive smartphone market in China. I think we’re starting to see the fact
that no, that’s not really the case. Aaron Bush: I don’t think it’s that surprising,
actually, that Apple has China issues. I was just thinking back, four years ago, when Matt
and I were talking about China in the context of our Supernova portfolio, talking about
opportunities and concerns, China was a big thing we were talking about. At the time,
we realized that China is a big opportunity simply because how many people are in that
country, but we didn’t necessarily expect it to play out the same way as it did in the
U.S. Since then, the stock is about roughly flat with the market, which is interesting. 
I think we started to see the cracks in the foundation about two years ago. About that
time is when I started studying Tencent, which owns WeChat. It made me realize that iOS is
far less important in China because WeChat is an in-app operating system that people
do everything in. So, the same type of competitive advantage that Apple would have in the U.S.
with iMessage, Notes, various services, that doesn’t exist in China. It showed in the data.
At the time, the retention rate, people who would have an iPhone that would buy another
iPhone, outside of China it was over 80%. In China, it was 50%,
which is essentially a coin flip. I think now, because of the economic turbulence
that’s starting to happen, trade wars, slowdown, we’re starting to see that play out at an
accelerated rate. People who would be the Apple buyers either already own them or did
own them. Upgrade cycles are longer, and retention is still sub-optimal. Apple just has mediocre
market share, and I think that’s not necessarily going to change.
Argersinger: I agree. As long as the iPhone is such a large part of Apple’s core business,
they can talk about Services all they want, but this is still a product that’s about 70%
of revenue and the majority of operating profits. Now, I will say this, because we’re positive
people here at The Fool. Coming into this report, Apple was already down about 40% from
its high. Granted, it had a horrible day this week that took it down even further. But even
at the reduced earnings estimates now, you’re looking at a stock that’s only trading about
11X-12X earnings. Certainly below the average market multiple. Now, if earnings come down
further, the stock could certainly follow suit. But it’s hard not to call
it cheap right now. Hill: That’s the thing. Tim Cook talked
about how he hadn’t seen the December numbers, therefore there’s no way he’s seen the
January numbers, because they’re not in yet. Their first quarter report comes out in early February.
If you’re looking at this stock, and you’re thinking, “Boy, it looks cheap,” do you buy here?
Or you want to see what the actual numbers are before you put down a little
money to buy some stock? Bush: Oh, I don’t know. It sounds like another
coin flip to me. We don’t really know. I do think that the valuation is somewhat compelling.
You’re betting that iPhone sales stabilize, and you’re betting that the Services segment
can become much more than 15% of revenue, which it is now. I think that most people
think that is the case. Or, at least around here, that’s the bullish stance. Personally,
I have some more questions. When you have a monopoly taking 30% of
every single transaction that goes on your ecosystem, regulatory issues will one day be a concern. The same
thing that we’ve seen with Alphabet, the same thing we see with Facebook. One day,
those same headlines are going to be going on with Apple, too. And then the Services narrative
will slowly not seem so amazing anymore. Hill: Alright, let’s get to our 2019 preview.
Aaron, I’m going to start with you. What is one industry you’re
going to be watching this year? Bush: I’m really interested to be watching
the ride sharing industry. With Uber and Lyft, and maybe even DiDi, which is in China,
IPO-ing in 2019, it’s really exciting that public market investors will finally have access
to this new, massive, quickly growing industry. I’m excited to see what the numbers
look like. They probably won’t be great from a profitability perspective. But thinking about
transportation as a service, and what that means beyond just ride sharing, what it means
for logistics with food, and are they going to buy more bike and scooter companies?
That type of thing. I’m really interested to hear more about that longer-term game plan.
We’ll learn a lot about that in 2019. Hill: Matty, what about you?
Argersinger: It’s always interesting, but I think especially so this year,
I’m going to be watching the social network, social media space. We’re already seeing for the
first time ever a real, legitimate slowdown in user growth and usage rates,
especially if you look at the core Facebook platform. My questions are, how does Facebook,
how does Twitter, how do these companies solve for all the privacy risks that people seem to
be somehow aware of these days that they weren’t aware of years before? How do they prevent
all the vile and deceptive behavior without damaging free speech and freedom of expression
on the platforms? These are big challenges. Throwing money and bodies as we’ve seen
Facebook do, I’m not sure that’s going to solve it. It’s going to take a lot of innovation.
I don’t doubt Facebook and Twitter can do it, but I think there’s a real chance we actually
see a tipping point in 2019 where the powerful network effect that has sucked in so many
users over the years to these platforms starts to weaken, and we start to see meaningful
declines in time spent on the platforms. I think it’ll cause a reset of the businesses.
Hill: In terms of trends, Aaron, what’s got you excited in 2019?
Bush: Augmented reality. I think it’s been a long time since we’ve had a big new
consumer-facing technology to invest in. I have a hunch that AR, and probably VR associated with it,
is going to be one of the next big waves, even though some of the hype around it seems to
have fizzled out. I might be off by one year, but 2019 could be the year in which good AR
products are revealed by at least one major tech company, probably Apple. For Apple,
it makes sense. They’ve been acquiring companies with AR tech since 2013. They released their
AR kit, their developer toolkit in late 2017. They have all the pieces in place, controlling
the hardware and the software, plus the developer community to make it happen. They probably
recognize that winning over the AR market might be as big of a deal one
day as winning the smartphone wars was. I’m a bit iffy on timing, but I’m really
excited to see the pieces start to come together. You never know, Apple might have a big AR
glasses or something announcement and late 2019. Argersinger: So, you’re saying Apple has a chance?
Bush: I’m saying that they need to do this. Technology is going to shift past smartphones.
Services won’t be enough. Fingers crossed. Hill: The cash that Apple has on the balance sheet,
that probably also helps them sleep at night. Argersinger: It helps a little bit.
Hill: In terms of trends, Matty, what about you? Argersinger: Big trend this year, the past
year already but even bigger now this year, sports betting taking off. I’ve been known
to place a bet or two in my time. I think there are broader implications for the economy.
The world is far more efficient, far more innovative when it becomes gamified. A competitive
marketplace of ideas and dollars that are wagered, inefficiencies tend to get streamlined out. It’s interesting. If you go back to this fall,
you could place real money on which party was going to lead the House of Representatives
after the November election. You could have placed money on where Amazon was going to
open its second headquarters. We talked about that on the show. Imagine betting on things
like what the weather is going to be like tomorrow, who’s going to succeed Warren Buffett
as CEO of Berkshire Hathaway, what’s the over and under on the minutes it’s going to take
for Domino’s to deliver my pizza. These might seem like silly things to bet on,
but when you’re wagering real dollars at scale, it tends to be incredibly informative to the
marketplace. It makes the economy more efficient. I’m excited about all the innovations that
I think are going to come out of sports betting, especially when it becomes
so much more of a mobile application. Hill: One of the ripple effects that we saw
in 2018 in terms of sports betting and the legalization played out in media. In the subsequent
months, pretty much every major network, both on the regional level and on the national
level, started to roll out programming aimed specifically at betting.
Argersinger: Absolutely. You see it all the time now. Hill: Aaron Bush, what is a stock — or an industry; you can go broad if you want —
in terms of upside for investors? Let’s face it, it’s been a volatile couple of months
here. We’re looking for some upside. What do you have?
Bush: I’m going to go big and then narrow down. Software-as-a-service. The past two years have
been huge for emerging software companies. But I do think this is an instance
in which winners will keep on winning, and a lot of these stocks have
been beaten down in the recent turmoil, too. Unlike the consumer-facing innovation, which is occurring mainly in startups
and the massive tech companies, there are tons of great options to invest in small
and mid-cap software companies with lots of room to multiply. Some of these will turn into
the next Oracle or Salesforce. A basket of three stocks that I have super high conviction
in that I think will do well in 2019, definitely beyond: Twilio, which is a leading communications
platform; Alteryx, which is a leading data blending and analytics platform; and MongoDB,
which is a next-gen database services company. All of these companies are growing super-fast, are
dominant in what they do, have very little competition. At scale, they’re going to be
producing ridiculous amounts of cash flow. I’m super excited to see what these companies do,
even though they’ve already been hyped in the past years.
Hill: Also, a fun basket of names. It’s fun to say Twilio. What about you, Matt?
Argersinger: I’m going to jump way out and talk about an entire sector. Real estate
has really underperformed recently thanks to, as you’d expect, higher interest rates.
Homebuilders especially have been really hit hard. But the sector itself is what you want
to have some exposure to over the next few years. Despite what the conventional thinking
might be, real estate actually does quite well in periods of higher interest rates,
higher inflation. One safe, cheap way to play it is to buy the Vanguard Real Estate ETF,
ticker VNQ. It pays a nice 4% dividend yield, gives you a broad exposure to a bunch of publicly
traded real estate companies and REITs. I think it has a real chance of
outperforming the S&P over the next few years. Hill: On the other side of the spectrum,
it can be a stock to avoid, or maybe just one to have on a really short leash. In terms
of that category, Aaron, where are you? Bush: I think the marijuana industry is
super interesting, but it was so hyped in 2018, I think 2019 is going to bring disaster to
investors investing for the most part in that industry, but especially in the companies
that were the most hyped, like Canopy Growth, Tilray, Aurora Cannabis. If you’re investing
in those, watch out, 2019 is almost definitely going to be a rough year.
Argersinger: It was funny, Aaron and I talked back in the fall. We both said, watch out.
As soon as cannabis gets legalized in Canada, which was mid-October, you could almost draw
a straight line from that point on. That was the peak of a lot of these stocks.
They’re down huge since then, even more so than the market we’ve seen. It’s funny, it was one
of the easiest calls I think you could have made. And it still has more to go.
Hill: It was interesting in part because it wasn’t just individual investors who were
excited about this. We saw major companies, consumer brands that everybody knows,
investing hundreds of millions, and in some cases billions of dollars.
Argersinger: Coke, Philip Morris. Amazing. Hill: What do you have on a short leash?
Argersinger: You can probably guess. I’m going to say Facebook needs to be kept on
a short leash, if not avoided altogether. All the problems I mentioned regarding the social
networking space… the stock price looks cheap. You can call it that. If you assume
that they’re going to continue to grow their advertising revenue at a similar pace,
or even slightly slower pace, yes, the stock looks very, very compelling. I just think
there’s going to be a big reset in expectations across the space. I have big questions about
whether Facebook can effectively monetize Instagram and WhatsApp without damaging
user experience. And I’m not even getting into the leadership questions you have to have right now
around Mark Zuckerberg and Sheryl Sandberg. I just think you can do better elsewhere.
Don’t try to catch Facebook, even though it’s a snazzy name with now a cheap valuation.
Hill: This happens at this time every year: investors and particularly the business media
start to look ahead in terms of private companies going public. Despite the volatility that
we’ve seen recently, you’ve got executives on Wall Street saying, “Actually, that might
accelerate plans for private companies to go public.” In 2019, some of the best-known
names, Aaron — Uber, Slack, Airbnb, Lyft. Is there one that you’re either really hoping
goes public, or you’re just eager to get your hands on the S-1 filing?
Bush: I hope Stripe goes public sooner or later. It might not IPO this year.
They’re a payment platform that makes it super easy for companies to sell things online.
Their developer tools are known to be excellent. They continue to roll out new solutions.
The founder and CEO, Patrick Collison, seems to be a super thoughtful. It wouldn’t surprise
me if one day, because this market is so big, buying things online, that Stripe becomes
a larger payments company than PayPal. I think that’s super fascinating. Right now,
they have a market cap of about $20 billion, so I would love for them to go public sooner
than later, [laughs] before they start hitting the upper tens of billions in their valuation. 
Hill: Do you think they’re at the point now where they’re way past the acquisition standpoint?
Bush: It would be a big acquisition. I doubt it would happen, at least from another
payments company. I bet they’ll go solo public. Hill: Matty, what are you eager
to get your hands on? Argersinger: You mentioned it, Airbnb.
My wife and I have actually been Airbnb hosts for over a decade now. What you have is essentially the
world’s largest, most expansive hotel company that really doesn’t own any of its rooms.
It’s fascinating to me. It has somewhere on the order of five million listings,
150 million users in close to 200 countries. It has a profound network effect, maybe
actually the strongest in the world. I think we’re going to realize that. I don’t know what the
market cap is going to be when it becomes public, but just in terms of room count and
customer count, it’s bigger than all the major publicly traded hotel companies combined.
Hill: OK, I really wasn’t expecting that at the end. I’m assuming the answer is yes. Do you
have a good rating? What kind of rating do you have. Argersinger: We have
almost a five-star rating across our listings.
Hill: Nice! I’m not surprised, but I’m very pleased for you. Alright, we’ve got just
a couple of minutes left before we wrap up. We do this every year, reckless predictions.
Make them reckless. They don’t have to be about business, although they can be about
business. You can go off the board to sports, pop culture, whatever.
Aaron, what do you have? Bush: Even though the Chinese trade wars and economic
slowdowns will continue to generate headlines, I predict that in 2019, we’ll see the
largest technology acquisition in which a Chinese company buys a U.S. company.
I don’t know if that’s Tencent buying one of the big three video game companies, maybe Alibaba
acquires eBay as a way to get into U.S. e-commerce. Maybe DiDi, which is larger than Uber at their
last valuation, acquires Lyft as a way to get to the U.S. markets and get a partnership with
Waymo. I don’t know. There are interesting possibilities. Hill: That would be fascinating! Matty, what about you?
Argersinger: I think Warren Buffett’s going to buy an airline.
Hill: [laughs] Really? Argersinger: Berkshire Hathaway already
owns major stakes in all the major U.S. airlines. The industry has changed. Consolidation has
made this much more a value creator than a value destroyer. You have a strong airline
like Delta that’s actually been assigned an investment grade credit rating. It’s buying
back shares and paying a dividend, and the valuation is very cheap. This is a different
industry now. Much like how Buffett viewed the railroads 10 or 15 years ago, I think
he views the same with airlines today. Hill: That would be maybe the greatest example
of someone taking emotion out of investing, when you think back on how much Buffett used
to openly hate the airlines as an industry. Argersinger: Oh, absolutely!
Hill: Alright, Matt Argersinger, Aaron Bush, guys, thanks for being here! Happy New Year!
Coming up: our 2019 preview rolls on with Ron Gross and Jason Moser.
Thanks for being here, gents! Ron Gross: How are you doing, Chris?
Hill: I’m doing well! The 2019 preview rolls on. Real quick, though. We talked about Apple
at the top of the show. Jason, any thoughts in terms of one of the largest companies
in America and where it is right now? Jason Moser: As Aaron was saying, I’m really
surprised that people are surprised by this. It’s not something that I’m all that taken
back by. In November, we were talking about Apple’s chip suppliers ratcheting back
their guidance, which was more or less implying that there may be some weakness in iPhone
performance like we’re seeing. Granted, they seem to be holding China accountable for
most of this. But it all makes total sense. As iPhones get better, they last longer,
you don’t have to upgrade as much. They can only raise prices so far until consumers become
a little bit more sensitive. Everybody wants to just get on Apple’s case here and predict
that this may be the beginning of the end. But let’s be clear, it’s still Apple.
They’re still selling millions upon millions of devices. They lost control of the conversation a little
bit because they’re not going to be announcing those unit sales anymore. But there are a
number of different ways they can win. It’s not going to be just Services. Services will
have to be part of it. But when you look at Services, other devices, the portfolio of
wearables, you can’t discount the potential big acquisition at some point or another,
either, with that balance sheet. iT’s all like just take a step back here…
Gross: I’m all for the take-a-step-back approach. I think that makes good sense.
I’m going to be really curious to see if Warren Buffett and Berkshire Hathaway are buying
stock during this period of weakness. I would be one of those analysts that would recommend
that investors take a position at these levels. 11X-12X forward earnings, there’s not a lot
of growth built into the stock at this price, and they’ve got a lot of ways they can win.
Moser: And let’s remember, too, we have a whole generation of smartphone users that
haven’t bought smartphones yet. There are going to be plenty of opportunities to get
new smartphones in new consumers’ hands, and there’s a brand loyalty
there that’s quite impressive. Hill: Ron, let’s get to the preview.
When you think about 2019, what’s your biggest question as an investor?
Gross: My biggest question is, will value investing rise from the dead? As most of us
are aware, growth has nicely outperformed value over the last, let’s call it a decade.
Not just a few months here and there, but quite a few years. FAANG stocks are perhaps
the most obvious examples of growth stocks that have led the way. Obviously, we’ve had
an extended bull market. That tends to favor growth stocks. So, my big question is,
do we see a resurgence of interest in stocks that are considered value? Growth often does
underperform in bear markets. If, perhaps, we are entering a bear market, are we going
to see a sustained bear market, then one would expect value to come back into vogue.
But, you know what? We haven’t seen it anytime in recent past.
Hill: What about you, Jason? Moser: We’ve talked a lot about Disney and
their move to over-the-top distribution. They own part of Hulu, which I think they’ve done
a good job building out, especially with that live Hulu offering. ESPN+ seems like it’s
gaining some traction. And now, Disney+ is going to be their service that launches sometime
in 2019. We talked before on the shows, they really need to make sure they execute there.
I do think that’s a compelling product. It’s going to take a lot of content away from other
streaming partners, namely Netflix. I find it interesting to see that the shows on Netflix
that garner the most views as a percentage are all shows that are not Netflix shows.
I think that’s telling. Netflix is still having to put up a lot of money to get content that
people want to see, and Netflix is not the one producing that content. They still, have
a little ways to go in succeeding on that original content front to justify all of that
money that they’re spending. I think that Disney+ is going to re-emphasize the
competitive advantage that they have there in that intellectual property. I’m excited to see how that product
arrives. I’m certain that we will at least be testing it in our house, if not becoming
full-fledged subscribers, unless they really drop the ball.
Hill: Wasn’t there a minor freak-out in the Netflix universe when they said they weren’t
going to renew the show Friends? Moser: Yeah.
Gross: In my household, for sure. Moser: That is something that they need to
pay attention to. As a percentage of views, Friends is No. 2 on the list just behind
The Office. When you look at that list of the shows that are garnering the most views
on Netflix, it takes you back, not a lot of their original content is on that list. It just
tells you they still have a little ways to go. Hill: What’s a trend you’re excited about this year, Ron?
Gross: It piggybacks off of what Jason was just discussing. 5G technology, fifth generation
wireless cellular technology, is coming, and it’s coming pretty quickly. It’s going to
be pretty exciting. It’s going to make devices more capable of accessing the internet,
it’s going to deliver much faster speed than 4G, some say 20X-100X faster than 4G.
Lots of companies are going to benefit here. The most common names would be AT&T, Verizon,
T-Mobile. But I think Nokia, even Apple will benefit as people upgrade to 5G-enabled phones.
It’s going to be a really exciting trend to watch from an investment perspective, but also from
a consumer perspective, because I think we’ll all benefit. Moser: I’m glad you mentioned Apple there. That’s another point with 5G. I think they’re
going to be a little bit behind others in getting their devices up to speed. But once
that does happen, that’s going to be another catalyst there in the upgrading.
For me, I’m excited about podcasts and where podcasts are heading.
Gross: Shameless plug! Moser: I’m not going to just pat ourselves
on the back here too much, but it’s worth noting that you and Mac and our partners here,
you had the senses to make some early bets in this market back in 2010 and 2011.
And lo and behold, now, in 2019, we’ve got a full-fledged family of podcasts. They’re doing
very well. We’ve seen Sirius XM acquire Pandora, noting in their call that, to their dismay,
they passed on podcasts for a while. They admitted that mistake, and they’re going to
start putting some resources into podcasts and building out that environment.
I think we’re in a day and age now where Netflix really changed the game for content for people
being able to watch what they want, when they want, and where they want. Now, we’re seeing
the same thing play out on the audio side. We’re able to give people what they want,
where they want it, when they want it. It’s nice to be a part of it.
Hill: Let’s talk stocks. Ron, whether it’s an industry or a specific stock,
what do you think is poised for upside this year? Gross: An industry I’m looking at,
it’s a sector/ industry. I’m not ready to call the big r-word yet, recession.
I’m not freaking people out yet. Hill: You are a little bit, by saying that.
Gross: I think it’s important to have some allocation to some defensive stocks in the
environment that we may be approaching. So, when I think of companies in those sectors,
I would say some utilities might be a good bet right here. Some of the discounters,
in fact, discount retailers. Costco, Dollar Tree, Walmart would be some nice stocks, defensive
stocks to have as we enter an economy that might not be as robust as it has been.
Hill: What about you, Jason? Moser: I don’t want to time when a recession
might hit, because really, that’s bad for everybody, but I do think we are entering
a period where banks are going to have some opportunities to boost their earnings a little
bit as interest rates continue to nudge upward. In particular, I’m looking more at small banks,
and one we’ve talked about before, Ameris Bancorp. This stock has a tremendous
risk-reward scenario playing out here. The stock is now trading around 15X earnings.
They recently announced this merger with Fidelity Bank in Georgia. It’s about a $750 million deal.
Given that Ameris is about a $1.5 billion company, you can see, it means a lot.
The market rightly sold the stock off. There’s some skepticism there. That’s rolling in a
big acquisition. But they’re two very similar cultures. It gives Ameris tremendous exposure
to the valuable Atlanta market. It’s also going to help grow that asset and
deposit base, particularly in a period where a lot of these banks are competing for getting those
deposit bases. So, to me, this could play out like the McCormick thing. Remember when
McCormick acquired RB Foods? The market thought, “Whoa, this is a big one to digest here,”
and they held off for a couple of quarters to see how things worked out. Lo and behold,
it worked out pretty well. The stock recovered nicely. I think we could be looking at the
same thing here with Ameris if they execute this acquisition well.
Hill: Ron, if defensive stocks have you interested, what’s at the other end of the spectrum?
What are you avoiding this year? Gross: Specifically, I have one stock
in mind. I come back to it often. It’s Fitbit. I’ve really never been excited and probably
will never be excited about this one. They entered the smartwatch market in 2018.
I give it to them, they’ve done pretty well. But this is a formidably competitive market,
with the likes of Apple, for one, right there behind them. You even have some Chinese upstarts
that could be a problem, as well. I don’t see Fitbit being the company that is constantly
able to innovate, either take market share or defend market share.
I’d be really careful about this one. Hill: What about you, Jason?
Moser: Zillow. I’ve changed my tone on this company over the past year. I used to be excited
about the potential there. I feel like they’ve failed to convince me of the sustainability here.
They’re yet to become meaningfully profitable at all. Now, in this most recent quarter,
they put in their shareholder letter that Zillow Group has entered a period of
transformational innovation. To me, that’s code for, “We’re not going to be profitable any time soon.”
For a company like this, a company that’s been around for a while in such a big market
opportunity as our housing market, they should not be entering this period. They should be
coming out of this period. I think that’s what they were trying to do over these past
few years. This instant offers business, it’s not up their alley. Buying homes and renovating
them and selling them, it’s not scalable. There are a lot of people out there doing it.
I don’t know that they have any real advantage there. Good will now represents essentially
half of the total assets on the balance sheet. It’s not a bad company. I’m just disappointed
in the way they’ve executed. They still have a ways to go before they
get to meaningful profitability. Hill: One of the things that ties these two
businesses together, Fitbit and Zillow, is the word “optionality” has been used in connection
to both of these businesses. They were seen as, “They have options, in terms of where
they can go.” Optionality is something we like to see as investors, but Ron, it almost
seems like optionality works better if you’ve got one dependable cash cow in your portfolio.
Gross: You nailed it. Optionality is great for additional upside. Maybe you can’t even
see the different options that a company might have three to five years down the road.
But if they don’t have that profitable cash flow producing segment of the company, then you’re
relying on all of the value of that company being in the optionality category,
and that’s just too much risk for me. Hill: Guys, 2019 has just begun,
but The Motley Fool is already looking for summer interns in investing, editorial, software development,
and much more. Come, spend the summer! Gross: Join us!
Hill: Join us here at Fool global headquarters this summer. Go to careers.fool.com for all
the information and to apply to be a summer intern here. That’s careers.fool.com.
Happens every year, Jason. There are a few CEOs who are on the hot seat. We’re long-term
investors, but let’s face it: over the long-term, if you’re not delivering, that means in the
short-term, you’re on the hot seat. What do you have? Moser: In 2018, I certainly had Kevin Plank of Under Armour on the hot seat.
He’s not off yet. I’m calling him out again. While we are seeing signs that he is embracing relying
more on his team, particularly the CFO and COO of the company, Frisk and Bergman,
when you look at the expectations we’ve had for this business over the course of the last
several years, as it’s been a recommendation in a number of our services, this has been a phenomenal
disappointment. The real disappointing part there is, they were essentially self-inflicted.
They just made some dumb investments for the sake of growing as opposed to making good
strategic decisions and letting the growth come from making good decisions.
I think he’s on the right track. We need to make sure that team stays intact here.
If we see that CFO or COO leave, we have a really big problem. But at this point, with the market
seeming like it wants to recover, if we don’t have a recession, this is a company that should
be performing a lot better than it is today. Hill: What about you, Ron?
Gross: I think Wells Fargo’s CEO, Timothy Sloan, probably should go. He was probably
the wrong choice from the get go, as he’s been at the company during all of the controversies.
Having taken over the CEO role in 2016, he’s really not done anything to turn the tide.
From an operations perspective, the company’s not really doing very well. From a controversy
perspective, as well, things don’t seem to be getting better. I think it’s time for some
outside blood to come in and right the ship. Hill: I think back to last year’s show.
I mentioned that John Flannery, who was CEO of General Electric at the time, I mentioned
that he was certainly a CEO to watch because I thought he was laying all his cards on
the table. I thought, “Boy, this is going to be a really interesting company to watch.”
In hindsight, I probably should have said he was on the hot seat. I didn’t think he was
on the hot seat! Then he didn’t make it to the end of the year.
Gross: That’s how it goes! Hill: As I talked about with Matt Argersinger
and Aaron Bush, it’s interesting to see not only the companies being named in the private
market as potential IPOs this year, but the possibility that the recent volatility we’ve
seen might accelerate those IPOs in the first six months of 2019. Whether it’s the S-1 that
you’re eager to look at, or a company where you just think, “I want this thing to go public
now so I can get a few shares,” what’s on your radar, Jason?
Moser: One that probably a lot of people are thinking won’t end up by IPO-ing. I hope
it does. SpaceX, Elon Musk’s rocket company. They’re set to raise $500 million at a
$30.5 billion valuation shortly. To me, space is one of these markets, one of these trends
that’s going to open up a lot of fascinating investment opportunities over the course of
the next decade and beyond. I think SpaceX is going to be a part of that.
One thing that SpaceX is doing today is this project called Starlink. Essentially,
the idea is looking to build out a constellation of satellites all over the globe in low orbit
that will basically be able to beam high speed internet connection to every corner of
the globe. It seems like he’s getting buy-in from all the regulators. We’ve seen what he’s been
able to do here in the rocket launches that have taken place thus far.
I think this is a fascinating company. It’s going to offer a lot of opportunities.
If we do get a chance to see it go public, I more than likely would want to own a few shares
just to be a part of it. But, I’d really want to read that S-1. Hill: Do you think Tesla shareholders are eager for the prospect of Elon Musk at the
helm of yet another public company? Moser: Maybe we save
that for another show. [laughs] Hill: Ron, what about you?
Gross: A favorite company in my household is fast casual Mediterranean restaurant Cava.
They recently acquired publicly traded Zoës Kitchen. I’ll give them a little time to digest
that acquisition, decide what they want to do with all the Zoës locations. But then,
let’s take the whole darn thing public. Some great capital that they can use for growth
to take the world by storm and expand the concept. Hill: Have they given any more color on what they plan to do with those locations? I remember,
we talked about that acquisition on this show. The only thing that surprised me was the fact
that they seem like, “No, we’re not necessarily going to turn these all into Cavas.”
I think our general reaction was, why not? Gross: I’ve seen more along the lines of
making some menu changes, changes to the way the kitchen operates to be more efficient
and have offerings that are more appealing to the consumer.
Hill: Alright, just a couple of minutes left. Reckless predictions for 2019.
What do you have, Jason? Moser: I was thinking about going with the
Red Sox repeating as World Series champions. Then I thought about it, that’s not that
far-fetched, really. I’m calling it, they’re going to repeat. That’s not my reckless prediction. 
I’ll go with a more business-related story here. I was talking earlier about the potential
acquisitions that Apple could be looking at here. What would stop them from wanting to
acquire Square. You want to look at expanding your business and becoming a little bit more
of an integral part of the commerce scene here, not only domestically, but globally.
I think Square and Apple have a lot in common. They’re both in the business of developing
sleek hardware that people like to use, generating some pretty strong brand loyalty there.
Then, we know, of course, the payments space is one that’s growing very quickly.
I’m not saying it’ll happen, but it’s certainly an acquisition that Apple would
be capable of executing. Maybe it will happen. Hill: Ron?
Gross: I went a little off the rails here. There’s going to be more definitive signs
of previous life discovered on Mars in 2019. That’s going to build off of the work done
by the Mars Curiosity Rover that, earlier in 2018, found some organic molecules.
We’ll figure out where those actually came from and build on that. There aren’t going to be
any signs of actual Martians running around Hill: Or will there?
Gross: — but I think we’re going to see signs of some previous life. Moser: Alright, reckless prediction No. 2:
Ron Gross and Jason Moser will be heading up the new Motley Fool Space Investing
service to launch either late 2019 or 2020. Gross: [laughs] Sell that short.
Hill: I’m just going to say that regardless of where free agent Bryce Harper ends up,
the Washington Nationals are going to the World Series. Moser: Wow! That is reckless! Gross: I’ll take that bet.
Hill: Ron Gross, Jason Moser, guys, thanks for being here! That’s going to do it for
this week’s edition of Motley Fool Money. Our engineer is Dan Boyd. Producer Mac Greer
on a well-deserved vacation this week. I’m Chris Hill. Thanks for listening!
We’ll see you next week!

Highest Paying Jobs You Can Do From Your Bedroom


There’s a saying that tells us that there
is no such thing as easy money, and for sure when you see online some ad telling you can
get rich quick with little effort there will be a catch. The catch is that it’s a lie, and no, you
won’t get rich quick from expending little effort and not using your brain. But there are plenty of ways you can wake
up in the morning and not even get dressed, fire up the computer, and start earning cash. Today we’ll look at some of the best jobs
you can do online. 10. Writer
When someone asks you what you do for a living and you say writer, does that mean you’re
a successful novelist, an investigative journalist, or you describe household products? No one in this world is going to walk into
the first two jobs. Those crafts take years to hone, but simple
product description or some copywriting gigs are not hard to land and you can start making
money now. You’ll of course have to have some degree
of talent, be reliable and meet deadlines, but you don’t need to be Jonathan Franzen
to write about washing machines or describe the downtown area of a city. When you start this kind of work you might
only be earning around $10 an hour, but a skilled copywriter with a decent portfolio
can earn a lot of money, and we are talking in the region of $100 an hour. You might begin your life as a copywriter
using online freelancing sites, but once you have some contracts under your belt and have
proved your worth you can branch out. Just Google remote writing work and you will
see before you a lot of jobs. Don’t be put off by firms paying terrible
wages, because when you pay peanuts you inevitably get bad writers. If you are good at this, trust us, you’ll
get hired. No more interviews for you, because when firms
are looking for writers they go on what you have done, not who you are. You could be tapping away in your underwear
and paying the bills in no time. It also helps if you’re willing to do humiliating
30 day challenges. 9. Software architect
So, what exactly is this job? We’ll let a job site explain it for you. “Some of the duties of a remote software
architect include understanding product system requirements and architecture, maintaining
an architecture roadmap and designing core architecture.” The problem with this job is you will very
likely need some university education in math and science, although if you ask around you’ll
find quite a few software architects that are self-taught. Lots of these folks work from home. In fact, most of them do. It’s often contract work, although you might
find you’ll be working with the same company for a long time. Looking at remote work online you can do right
now can net you over $100,000 a year. No office, no ties, no getting told off for
being late. As the IT industry is so huge and will just
get bigger, if you become an expert in this field you can almost guarantee regular work. 8. Nurse practitioner
We bet you didn’t think this would be on the list, but we are told if you do this job
you can also bring in over $100,000 a year. What do they do? This is the description given by FlexJobs. “Licensed nurse practitioners can remotely
triage and provide medical care, provide medical and wellness education, diagnose and treat
patients and assist with care coordination.” According to the U.S. Bureau of Labor Statistics
nurse practitioners are in demand right now, and even starting out you might get $50,000
a year. You’ll need to have graduated high school
and studied nursing. You’ll then have to get your registered
nurse license and have one to two years’ experience before you go it alone. Once you are qualified you can do this work
remotely. We looked online and indeed found a few jobs
for these remote nurses. 7. Corporate counsel
People need advice about their health and they also need legal advice, and these days
not every person who gives such advice has an office. FlexJobs tells us that these people can earn
in the region of $115,000 a year. How do you get the job, though? You’ll need a law degree in most states,
and if you have specialized in corporate law you’ll really be in demand. In the U.S. you’ll also have to have passed
the bar exam. You really don’t need an office at all as
much of the time you can talk to people using video chat or the phone. If you’ve seen the show Better Call Saul,
you’ll know that Saul didn’t really need an office. This is one description given of this job:
“Corporate counsels are lawyers who work directly for a business or company. They may also be known as in-house counselors. Rather than working for a variety of clients,
they devote all their talents and energy to their employer.” 6. Software engineer
If you’re a software engineer it doesn’t necessarily mean you’ll be working with
systems in a company, you could be doing all manner of things. You’ll need to understand programming languages
and you’ll need to stay on the ball concerning how they evolve. People will tell you that you have to go to
university to become proficient in these languages, but that is not always the case. Many of these people are self-taught and don’t
even have a degree. If you are good and reliable there is work
for you, and we are talking a lot of work. As for how much you’ll earn, well, the sky
is the limit with this job. Just look online for junior or senior developers
and you’ll find literally thousands and thousands of companies that want to hire someone. Many are looking for what are sometimes called
digital nomads, so you could do this work from home or from a beach in Thailand. Trust us, go to those beaches and you will
find plenty of software engineers raking in the cash while sipping on Pina Coladas. 5. Pharmacist
A remote pharmacist, is there such a thing you might ask? The answer is yes, and they can pull in over
$120,000 a month according to FlexJobs. This is the description given of this work:
“Licensed pharmacists can find remote positions that require the ability to review prescriptions,
ensure authorizations, handle phone calls and process requests.” You’ll have to get qualified and get a license,
and one job we found in Canada asked that the applicant had at least two years’ experience
in the field of pharmacy. That job paid 50 Canadian bucks an hour, so
that’s about 38 American dollars an hour. In fact, if you check out the job site Indeed
you can find plenty of jobs for remote pharmacists. We’ll be honest, we didn’t know such a
job existed, either. We found more remote work for people with
doctoral degrees in pharmacy and the pay was over $150,000, but of course getting to this
stage is no easy thing. Another job we found was remote processing
of prescriptions, so you could be sitting at home and just giving out medicine. The job was part-time, but hey, it surely
couldn’t be that hard to do. 4. Selling stuff
Yes, you can basically just sell things online. We found one girl who bought luxury bags second
hand and then sold them on Facebook and she was making a killing. We found another woman who had done over a
million dollars in sales on Facebook and believe or not her product was cross-stitching. She was pulling in around $90,000 a month. Don’t underestimate how much you can make
using that free platform. You must find a niche of course, as she did,
and then we suggest you create a page on Facebook with lots of nice photos. You’ll need to create a brand and keep updating
that page. And hey, once you are successful you can then
start teaching others how to do it. There are so many people out there in the
digital nomad world who have made some money and then decided to teach others how to make
money. We should say this sometimes looks like a
virtual pyramid scheme, but there are talented people who can show you how to make some cash. 3. Data Scientist
This is another tech job but it’s quite different from the ones we have already mentioned. You’ll need to be intuitive to do this job
because you’ll be looking at raw data and then trying to figure out what it means. You’ll very likely have to be qualified
in this line of work, and many data scientists will have a master’s degree. This is one job description we found:
“Found at the cross section of business and information technology, a data scientist
is a professional with the capabilities to gather large amounts of data to analyze and
synthesize the information into actionable plans for companies and other organizations.” We then went to GlassDoor to look for remote
jobs and found quite a few. The pay was somewhere between 100,00 and 150,000
bucks a year and you never have to leave your house. 2. Physician
Yes, you can be an online doctor. There is now something called “telemedicine”
and so doctors consult with patients online and sometimes give prescriptions for medicine. We are not sure if you follow news about the
company Amazon, but it recently started offering online medical care for some of its staff. This is going to blow up soon, and many consultations
will be done online. The problem of course for you is that you’ll
have to become a qualified physician, which takes many years. We went to Indeed and found remote telemedicine
work, and you can get paid up to $200,000 a year. 1. Psychiatrist
Remote psychiatry is also becoming a big thing, and with video apps you can sit at home and
do your job. In fact, it’s quite common now. This is one description of the job:
“Responsibilities include meeting with patients as needed (typically via two-way video), practicing
evaluative and diagnostic procedures, writing treatment plans and guiding staff on medical
protocols.” You could be paid over $200,000 a year, but
it all depends on your experience and your client list. If you’ve got A-list celebs on that list,
you can expect to be bringing in the big money. To get your license, though, will take many
years. We should say that a big thing these days
is life-coaching, which shouldn’t be compared to psychiatry. Nonetheless, a growing trend in online work
is people coaching other people via video apps. You won’t earn the big bucks, but you won’t
have to get a psychiatry license. Many people who have studied psychology though
pack their bags and travel the world while life-coaching folks online. One thing we’ll say is that many people
tend to think remote work is the best thing ever because there’s no real boss and you
have loads of freedom. We should add, and remote workers will tell
you this, that it can get lonely. For that reason some folks work at cafes where
people work online, or they go to special workplaces for remote workers say once or
twice a week. You’ll find these co-working spaces now
in cities all over the world. You can go to a website called NomadList and
find all sorts of information as to where you can work. It gives a list of the best cities to work
remotely, with the top five being Budapest, then Bali, then Belgrade, then Bangkok and
then Lisbon. So, do you think you’d be up for some remote
work? Have you done it before? Can you add to this list of jobs? Where would you like to work if you had the
choice? Tell us your answers in the comments. Also, be sure to check out our other video
the 11 Highest Paying Teen Jobs. Thanks for watching, and as always, don’t
forget to like, share and subscribe. See you next time.

Marketing Plan Example


I used to work with one of my friend Louis and his business for restaurant marketing. Which is the market for your restaurant, we have talked about this before. And if you ring a restaurant sir late in the morning he would be the most lovely chatty, friendly, helpful people But if you made the mistake of calling him at lunch time Let’s think about this, pretend that you’re a restaurant sir. What are you? You’re restaurant sir And I call you, let’s pretend this to make this easy I’m the business coach and I say Hi.. By the way, lets just say the same.. it’s lunch time you place is packed. Kitchen catching on fire, the chef is coming drunk.. Customers are kinda complaining, everything’s going on, you know about restaurant right? In the middle of that chaos I call you, the phone rings and you, kinda like to say Hallo And I say Hi my name is Taki I’m the business coach with XYZ coaching Where the guys who help your money and work with sales. Have you got the minute for the phone? What’s your blink reaction Get lost.. who am I, what kinda person I’m nuisance, I’m a distraction, who am I?, I’m telemarket, I’m sales guy, I’m a jerk anyone meet to live. Let’s get this right, even I’ve been the best coach in the planet even if minutes with me would just make magic happen even if my attention is good, my heart pure it’s over when I actů Hallo.. do you with me? You got the time when maybe your marketing did really well or you got refer on somebody calls you, it’s different isn’t it. It was the first time happen to me. I was just blown and this is cool. How much more lucky that someone who calls you to be the buyer, percentage wise, what do you recon. 800% at least double would you agree? How go from now on is this we get them call us rather than us having to chase them You might write that down. How to get clients to call you? And I wanna show you a quick example how to make that. You got the idea right. Let’s make this simple practical. So I got this guy coach kurt, actually what you’re doing. Anyway I’m showing you this letter, he’s one of the joint venture. Anyone understand the idea like the joint ventures and histological answers Please raise your hands if you know this. Ok cool.. So once they like this get network people to referring business but here is a thing Coach is like a super dominant, directive, bossy, not a people, person avails.. If you are in networking group you probably wanna kinda run or kick him or something. Right… So like he wants a.. once we set up a joint venture but he’s not coldly people. Ok the only way pull it up may be with the direct mail or letter. So send this letter out to 40 accountants surround by the junction nearby. And this is what happen the next day. And I just kinda work with the butchery, if you don’t even work with He gets a phone call and the guy says hi is that Kurt the coach.. Yes it is.. great.. My name is bla.. bla.. bla.. from expertise accounting I just got your letter. I’m wanna have a business coach, alright And I said.. I didn’t say that probably think it in the inside with alright.. He didn’t say that, must be clipped. I want a business coach and I want my 6 accountants to be business coached as well. Yup.. and I wanna be offered coaching is avail service 250 best clients Just like ha..ha.. But I read the letter. The letter says that you only work with one person in that area. So I would just take a minute to convince you why should you choose us.. Who would love to get that phone call. Right that’s what I’m talking about. I just wanna give you some kind of the example. Let me talk about the guy before, who was 30 grand in debt. Heů having fun Marketing is the coolest thing.
I gotta to boast, I got to share with you guys. So it’s like 30 grand in debt. And he wants to target restaurant We talk a little bit about restaurant cause
it’s kinda like same thing. Here’s an idea ů If you know anything about restaurant
like you say just my restaurant rules choice . How much passion that I put in, it’s like full in it.. it’s like an expression of them it’s kinda like their baby, Isn’t it. So there’s so much pride and ego and ..
I mean ego in the right way. Like so much of yourself got into your restaurant. So the treating getting to know about restaurant is
number 1 there is a lot of ego involved. Number 2 is very scarce. You know the difference about abundant and scarcity? They don’t share at all. Like let say you and me are best friends. And you run a restaurant in Perth and I’m in Sydney. I’m still not gonna share. just in case my customers go to you too much. You get that.. that serius that’s how they are.
I mean that they’re in respect but that’s how they are. So that how we take that idea, this case anyway
how do we use that like the gum like paid to click that there’s the bubble gum right there. Check this letter out, this is just instantly cool. So if you pick the area that’s kinda most in this fit,
here is in Sidney. Ya some of you guys have’nt read it, that’s great. This is an actual letter not an email but has a cc
which basically let say on ray you run kata luna. And roll you run paulkin alchemy and endora. Hi you probably not gonna write to all of your worst enemies as well. One that I got to say the important time is all the essense. If you own restaurants try to get into these things. Basically let me just say, hey listen
I know that you don’t want them knowing. You with me isn’t this evil. Totally love it. Sir my name is Simon, I’m actually coach bla..bla.. for just trying to help business industry in your area. Any trouble that I can help? One .. And he goes on any total store,
little case study might wanna quickly stands. You might wanna do like testimony is a good case study
that’s kinda better. we do the case study like this.. like 4 minutes,
like 3 minutes left we’re gonna talk quickly. Cause that’s gonna be on your mind better. Case study first point. The situation before if you just wanna say it’s treated, it was the miss that’s in your mind. Number 2 what you did ..what just what I did roll the point ,
kinda go to details . Anything you got like technic that you use, given 69 . So like this case , was this call the scarcity letter before.. or call the case letter, I thought it’s gonna be evil. So just bullet your nine.. like the xyz to button belly rub technique whatever it is just put that in. Any way that came from. So situation before hand what you did.
Just in bullet 2,3 or 4 bullets Number 3 the happy ending and that’s the result.
The win at the end. So I just to link here what you can’t see but this our weekly in the cafe in this situation. This is what I did and then this where the happy ending. They’re just graduated from the program
now and run for one more restaurant or cafe. But I can only work with one. First debt he calls for 45 minutes express inquisition First in this rate, if I’m holding that right now so you better call. You might wanna like 60 what to say 67 and a half friends.
That’s pretty good isn’t it.

Finance minister says gov’t will aim for growth of over 2.2% for 2020


Tanisha’s finance she laid out the
government’s ambitious goals for next year Hunan gives a 2.2 percent growth as
the 2020 target while renewing call for a fiscal expansion to revamp the economy
Kim has long shares with us his remarks finance minister Honam Yu said the
government aims to achieve economic growth next year of over 2.2 percent a
range of 2.2 to 2.3 percent is the growth forecast estimated by the IMF and
OECD out of briefing with reporters Monday to deliveries assessment of the
moon administration’s economic policy so far the finance minister said the
government will focus more on structural reform and boosting productivity for the
next two and a half years he said the government’s shift from policies focused
on growth to policies focused on inclusiveness and distribution has
helped strengthen the country’s social safety net but he said South Korea’s
growth has been hurt by slowing growth globally uncertainties like the us-china
trade dispute and the downturn in the semiconductor sector to boost growth and
investment he said the moon administration moving forward will focus
on structural reform and deregulation he added that the government will continue
with its expansionary fiscal policy a 2020 budget of over 440 billion u.s.
dollars which is up nine point three percent on your husband’s submitted to
the National Assembly detailed policy measures for next year will be announced
by December Tim Ezell Arirang news

Graham School of Business at York College of Pennsylania


(percussion music) – We like to think that our
programs are fast-changing, that they’re contemporary, they’re compelling, they’re competitive. We want to give graduates of the Graham
School of Business that edge that not only gets them the job, but actually puts their
degree to work in a career. – Something that separated York from the other colleges and
universities that I was looking at was the wide variety of
majors and minors that the business school offers. I think it was really great that I could focus on my own interests
and put them together in order to build my own career path. – Coming in, I chose marketing. You’re learning accounting,
you’re learning advertising. You’re learning everything that goes into running the business as a whole. It’s not just numbers that go into it, but there’s also a
creative side that you can combine with that. It’s almost art with business all put into one. – I think one of the things that makes the Graham School
of Business so unique is our three-part curriculum
that we offer at York College, blending the liberal arts
with professional education. So you have the bachelor
of science degrees, things like finance, and
accounting, and economics. Then we have our bachelor of business
administration platform. You’ll find things like integrated
marketing communication. Then we have degrees like philosophy in business is example, or a bachelor of arts in
international business. So if you’re interested
in that business degree, but your heart and your mind is also lured to these other
really interesting fields, put them together, come to
York, and study them both. – The classroom environment is one where we really want our students to engage in discussions with the faculty. In my six years, I’m still in contact with the students that I taught
in my very first year. So that’s the kind of relationship we’ve built with our students. – The Graham School of
Business does a great job of setting you up with internships. I got my first internship as a sophomore. After that spring semester
of my junior year, I was offered the internship with Carel as an operations specialist. My boss offered me a full-time
position once I graduated. – The Willman Business Center has a wonderful NASDAQ
full-time full trade system on the second floor. We have lots of study space,
lots of meeting rooms. The Business Center really
is designed to mimic the kinds of tools and
technologies and the ambiance of what you’re going to experience as you move in to the work world. – With the small class sizes, I think it’s allowed me
to come out of my shell and really participate in class because having all these people here
to encourage me and to help me has definitely made me more confident, and I’m really excited and I’m really happy that I chose York.

One of the most important questions for Advisers to keep clients engaged


So, you make a really big difference in the
lives of so many people with the work that you do and I’m talking particularly right
now about Financial Advisers and Accountants. And one of the biggest things that I see missing
though when it comes to really demonstrating how valuable you are is the question, “What
do you want the money for?” Because it’s all good and well that you’re
helping them with their money, or you’re saving them tax, or you’re stopping them from making
mistakes, or you’re helping their money grow, or you’re protecting it. And that is absolutely a critical piece of
their puzzle that they need solved. But a really, really important but often missing
part is to understand what it is that they want that money for. What are the things that they want to do and
have, the things they want to enjoy, the people that they want to love and protect, and you
know life’s ‘what-ifs’ that they want to make sure that they’ve got contingencies
in place? So, as you’re going about it, and you’re trying
to engage clients on a regular basis, at some point if it’s only ever about the money and
the strategy, the conversation can come to an end. And I get so many Advisers say to me, “Ah
Kim, I’ve got these review appointments coming up, and I just don’t know what to talk about,”
once we’ve discussed how their money is performing, or what returns we’ve got, or whatever it
might be that you’re actually dealing with. Yet when you understand what is it that they
want the money for, so this year do you want to go to Bali or to Phillip Island? Do you want to look after X, Y and Z? Do you want to do some renovations on your
home? Whatever that might be, but understanding
exactly why they want those returns, why they want that money invested, why they want that
money protected, why is it they want to save more money on tax? What do they want that money for? Find out that, and it can make for a much,
much deeper relationship, a far more robust conversation on an ongoing basis, and at the
end of the day it gives the clients a lot more motivation for why they’ve got to do
and take the advice that you’re giving them. Because after all, You are a Valuable Adviser.

U.S. China Trade War Explained: How Tariffs Work & Impact the Economy


Investors have no doubt heard about the trade
tensions between the U.S. and China. Both countries are locked in a power struggle as
they impose new tariffs on goods imported into their countries. But determining exactly
what a trade war between the U.S. and China means for the stock market or either country’s
economy, is difficult to predict. To understand its significance, it’s worth taking a closer
look at what the U.S. and China are fighting about and whether or not it should change
your current investing strategy. So, why are the U.S. and China imposing new
tariffs on each other? Back in 2017, the U.S. began looking at China’s trade policies
and decided that the deficit between the amount of goods coming into the U.S. from China compared
to the amount being exported to China was too great. The U.S. government then imposed
billions of dollars in tariffs on some Chinese goods coming into the U.S. In return, China
issued its own round of tariffs on some U.S. imports. The two countries have held talks
trying to resolve trade tensions, but they haven’t resolved it in
any long-term trade solutions. So, why exactly does this trade war matter
to investors? When new tariffs are applied to products, it’s not the countries that actually
pay for them. The companies that sell the products pay the additional costs upfront,
and then they usually pass the expense onto their customers. For example, prices on some
electronics that are manufactured in China and then exported to the U.S. could rise as
a result of the tariffs, which could cause certain device prices to rise. If that happens,
sales from the U.S. tech companies could fall. Not only that, but the higher cost of devices
would likely cause Americans to curb their spending. Rising tariffs on U.S. goods being
exported to China means that companies in that country could increase their prices as
well, and Chinese consumers could suffer in the same way that U.S. consumers are.
China and the U.S. have two of the biggest economies in the world, and the International
Monetary Fund has warned that an all-out trade war between them could hurt the global economy.
Because of this, trade war tensions between the U.S. and China have caused
some volatility in the stock market. But that doesn’t mean that investors should
panic and sell their stocks. The trade negotiations aren’t finished yet, which means that selling
stocks before any trade deals are made is just selling based on fear. Keep in mind that
over the long term, the stock market has produced some strong returns, even in the face of wars,
depressions, recessions, and other negative events. In fact, the current trade war is actually
creating some new investing opportunities. As investors flee the market, it’s pushing
some share prices down and allowing savvy investors to snatch up
companies at bargain prices. There’s still a lot of uncertainty about what
will happen with the U.S. and China trade negotiations, but the one thing that investors
should remember is that for the most part, it’s best to stay the course with their investments
and be on the lookout for bargains. Thanks for watching this video. Don’t forget
to like it and leave a comment below, and click the subscribe button to get more
videos like this from The Motley Fool.

November Economic Collapse: Stock Market Crash! Brutal Financial Crisis With $23 Trillion Debt


… panic sounds… The clock is ticking, and financial conditions in the U.S. are about to make a brutal turn for the worse. … five years to go higher it’s now down
forty percent 2019 Financial Crisis begins the US stock market’s complete final tops November collapse will be quick rapid and sudden they will
not know what hit them they will try to stop it and they will fail World
November collapse complete before Thanksgiving but the world is sleep
walking towards a fresh economic and financial crisis that will have
devastating consequences for the Democratic market system according to
the former Bank of England governor Mervyn King Lord King who was in charge
at Threadneedle Street during the near death of the global banking system and
deep economic slump a decade ago said the resistance to new thinking meant a
repeat of the chaos of the 2008-2009 period was looming giving a lecture in
Washington at the annual meeting of the International Monetary Fund King said
there had been no fundamental questioning of the ideas that led to the
crisis of a decade ago another economic and financial crisis would be
devastating to the legitimacy of a democratic market system he said by
sticking to the new orthodoxy of monetary policy and pretending that we
have made the banking system safe we are sleepwalking towards that crisis
the market levitates higher on phony economic data from the government
Trump tweets fed money printing and hedge fund algorithms chasing headline
and Twitter sound bites currently the stock market doled by
money-printing and official interventions could care less about
economic reality and rising global systemic geopolitical and financial reg
corporate headline earnings beats are considered bullish even if the earnings
declined yoy or sequentially someone is not telling the truth the Fed once again
last week increased the size of both the overnight and term repo operations
starting Thursday October 24th the overnight repos were increased from
75 billion dollars to at least 120 billion dollars and the term repos
two-week term of at least 35 billion dollars were extended to the end of
November with to at least 45 billion term repos thrown in for good measure
the Fed is also outright printing helicopter money for the banks at a rate
of 60 billion dollars per month the tea bail pomos at the height of the last QE
money printing cycle the Fed was doing 75 billion dollars per month so whatever
the problem is behind the curtain it’s already as large or larger than the 2008
crisis that escalated quickly when the repo operations started in September the
Fed attributed the need to relieve funding pressures at the time the public
was fed the fairy tale that corporations were pulling funds from money market
funds to pay quarter in taxes well we’re over five weeks past that event and the
repo operations have escalated in size and duration three times someone is not
telling the truth the truth is they are gone and as the US
economy continues to collapse things are going to get even worse the rapid
increase in Fed money-printing in just five weeks
reflects serious problems developing in the global financial system actually the
problem is easy to identify at every cohort government corporate and
household the level of debt has become unsustainable with not insignificant
portions of that debt in non-performing status seriously delinquent or in
default one market expert breaks down why the mother of all bubbles is unlike
anything investors have ever seen and lays out additional evidence that a
crisis is approaching several warning signs including the mother of all
bubbles are adding up to diagnose the next recession according to joseph
Zittel the chief investment strategist of black stones Private Wealth Solutions
Group he is concerned that investors are treating these signs as random events
even though they are all linked just like the 2008 crisis was the culmination
of many separate risks joseph zittle is adopting the framework his boss used to
foresee the housing crisis over a decade ago Blackstone CEO Steve Schwarzman
espouses the idea of hunting for discordant notes these refer to trends
in the economy and markets that easily pass as isolated events but combined in
a dissonant troubling fashion as a case in point the surge in housing prices and
the collapse of the reserved primary fund due to its exposure to Lehman
Brothers seemed like two separate issues however we now know they were part of
the same awful financial crisis the next recession will likely be no different
according to little many warning signs that easily pass as isolated are adding
up to four warn investors the US economy is seriously deteriorating and things
are only going to get worse in the weeks ahead the next shoe in the farm crisis drops
bankruptcies soared 24 percent the American Farm Bureau warned Wednesday
that farm bankruptcies are entering a parabolic move the farm crisis as we’ve
pointed out is only accelerating and will likely be on par with the farm
disaster that was seen in the early 1980s president Trump’s farm bailouts
given to farmers earlier this year appears to be failing at this moment in
time as a tsunami in farm bankruptcies is sweeping across the country with
record high debt collapsing farm income and depressed commodity prices US
farmers are dropping like flies as there’s no end in sight and the 15 month
long trade war AFB said farm bankruptcies for the 12 months ending in
September totaled and astonishing 580 filings up 24% yoy the number of chapter
12 farm bankruptcies 580 filings for the period was the highest since 676 filings
were recorded in 2011 for third quarter nineteen farm bankruptcies were slightly
lower down 2% yoy total bankruptcies filed by state vary significantly from
no bankruptcies in some states to more than 20 filings and others bankruptcy
filings were the highest in Wisconsin at forty-eight filings followed by 37
filings in Georgia Nebraska and Kansas Iowa Kansas Maryland Minnesota Nebraska
New Hampshire South Dakota Wisconsin and West Virginia all experienced chapter 12
bankruptcy filings at or above 10-year highs a FB row AFP’s next chart is yoy
change in farm bankruptcies over the 12 months which shows bankruptcies
accelerated the greatest in Oklahoma Georgia California Iowa and Kansas the
next chart from AFB outlines how bankruptcy filings over the previous 12
months ending in September jumped in every major region across the country
some of the most significant increases were seen in the Midwest
40% over the period chapter 12 farm bankruptcies are expected to increase
through the next several quarters this could be problematic to President Trump
as the 2020 election year begins many of the bankruptcies are occurring
in election battleground states like Wisconsin according to Lynette Zhang
from ITM trading the total size of the municipal bond market is more than
doubled since 2008 from 2.8 trillion to six point nine six trillion as of
September 2019 if you look to the grading services they say the risk is
small but studies conducted by the New York Fed in 2012 as well as a 2019 study
by the Brookings Institute tell a very different story because ratings agencies
only report these bonds they have graded which leaves out a huge swatch of the
market in fact according to the WSJ as of 8:30 nineteen forty three percent of
reporting muni bond issuers default within three years so far 11 states have
moved to protect their citizens by passing legal tender laws that put sound
money gold and silver as a Fiat money alternative which i think is a very good
thing is your state one of them if not you might want to see what you can do to
help in the meantime you can create that protection for yourself and your family
which i think is a very good idea in particular the United States finds
itself in a massive economic mess it was once the greatest creditor nation on
earth but now it is the biggest debtor in the history of the world it blows the
mind to think that the richest nation in the world has become the nation with the
most debt in the history of the planet in just one short generation the great
American economic empire is crumbling the economic despair that is coming in
the years ahead is going to be so great that there are no words to even describe
it the clock is ticking and financial conditions in the US are about to make a
brutal turn for the worst a financial crisis is coming you better get ready the financial and political opinions
expressed in this video are not necessarily of financial argument or its
staff opinions expressed in this video do not constitute personalized
investment advice and should not be relied on for making investment
decisions