We're back again this week on Cocktail Investing with Tematica CIO Chris Versace and Global Macro high priestess Lenore Hawkins where they share their take on the week's news and the latest snapshot of the economy. Along the way, they walk through corporate earnings and share a number of thematic signals and distil all the noise down to clear, usable signals.
They discuss the fact that the U.S. is in third place with respect to GDP growth, but manufacturing and employment data has been coming on strong over the last few months. Amazon continues to wreak havoc with retail as Macy's is said to be open to a potential sale with plans to close 68 stores and reduce its workforce by 10,000 … and it's not alone. It isn't just where people spend that is changing, but how they spend as well with mobile payments expected to increase over 30% in the coming year. And while much of Wall Street is ga-ga over Apple's latest earnings report, Chris and Lenore share why they aren't quite so enthused. But have you heard about the Big Mac vending machine?
They're hearing lots of talk of the impact of a strong dollar as companies report on the December quarter and what we are hearing from the White House is a lot of policy plans that will likely make the dollar even stronger, which may have had a hand in the Fed giving us an exceptionally vanilla policy statement this week. Will they or won't they? Will Trump's domination of the headlines during his first two weeks continue…and is that good for the economy?
Listen in and you decide.
Stocks Mentioned on the Podcast
- McDonald's (NYSE:MCD)
- Target (NYSE:TGT)
- Weight Watchers Intl (NYSE:WTW)
- Amazon (NASDAQ:AMZN)
- Macy's (NYSE:M)
- Microsoft (NASDAQ:MSFT)
- Alphabet (NASDAQ:GOOGL)
- Facebook (NASDAQ:FB)
- Apple (NASDAQ:AAPL)
- PayPal (NASDAQ:PYPL)
- JC Penny Co (NYSE:JCP)
- FedEx (NYSE:FDX)
- UPS (NYSE:UPS)
- Under Armour (NYSE:UA)
Cocktails Mentioned on the Podcast
L's Dirty Lemon Martini
First, put a few ice cubes and water in your martini glass to get that sucker really cold then assemble your ingredients:
- 2 parts vodka
- 1 part Dirty Sue Olive Juice (Available on AMZN)
- Splash of dry vermouth
- Empty the glass and pour a smidgen of vermouth into it, slowly swirling around to coat the glass. Toss any remainder.
In a shaker combine ice, vodka, Dirty Sue and a few solid squeezes of fresh lemon juice. Shake with vigorous abandon. My favorite is to get a few ice shards in my glass.
Pour into glass and as a final bit of glorious joy, skewer 3 blue cheese olives and slide them into the deliciousness.