Today I wanted to start with some great sites that show some predictions of what is to come. As always I went to the Visual Capitalist and found this great post about what some people think will happen in 2021. 2021 Predictions: The Consensus on What Experts See in the Year Ahead (visualcapitalist.com)
Next, I went to my favorite site stratfor.com. Every year Stratfor goes to each corner of the earth and brings up what is going on and what will likely happen this year. I will have to say that Last year, it did not see the Pandemic coming, but who did. 2021 Annual Forecast (stratfor.com).
Bloomberg’s Outlook 2021: This article compiled over 500 predictions from Wall Street banks and investment firms. An interesting read on what might happen in the Financial world.
I enjoy going to John Battelle’s Predictions 2021: John Battelle has been publishing annual predictions for nearly two decades, and this year’s batch is perhaps the most eagerly anticipated. His predictions are thoughtful, credible, and specific. It’s also worth noting that Battelle circles back and grades his predictions – a level of accountability that is to be praised.
No one knows exactly what will happen this coming year. To be ready, look at the trends and see if you can position yourself to live to trade another day. And by the way, here at The Options Edge, we will help you.
Happy Monday. Good Luck out there this week.
Global Spotlight
An intensification of protests by Indian farmers in New Delhi. Indian farmers will intensify protests on India’s Republic Day (Jan. 26) in New Delhi after the 11th round of talks between farmers and the government failed to produce an agreement on the implementation of controversial agricultural laws.
Greece and Turkey talk Eastern Mediterranean issues. Greek and Turkish officials will meet in Istanbul on Jan. 25 to discuss their conflicting territorial claims in the Eastern Mediterranean.
The Communist Party of Vietnam’s 13th National Congress. The Jan. 25 to Feb. 2 meeting will determine new leadership and the next five-year plan. The party and state leadership decisions will take center stage, particularly given that numerous Politburo members will be retiring.
Stratfor.com
Economic Calendar
Briefing.com has a good U.S. economic calendar for the week. Here are the main U.S. releases.
- FOMC meeting
- 4Q20 real GDP
- Personal income and consumption
- Durable goods orders
- Consumer confidence
- New/pending home sales
Briefing.com
Earnings
Source I/B/E/S data from Refinitiv
Aggregate Estimates and Revisions
- 20Q4 earnings are expected to be -5.7% from 19Q4. Excluding the energy sector, the earnings growth estimate is -2.2%.
- Of the 66 companies in the S&P 500 that have reported earnings to date for 20Q4, 87.9% have reported earnings above analyst expectations. This compares to a long-term average of 65% and prior four quarter average of 76%.
- 20Q4 revenue is expected to be -0.8% from 19Q4. Excluding the energy sector, the growth estimate is 2.3%.
- During the week of January 25, 120 S&P 500 companies are expected to report quarterly earnings.
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