The Capitalist Countdown is a weekly series that features the biggest stories from the market’s hottest stocks as well as news from under-the-radar hidden gems capable of delivering mutibagger returns to your portfolio.
Please sit back, relax and enjoy Capitalist Countdown’s top 5 market-moving news stories for the week of September 26th – October 2nd, 2022.
Like a Hot Knife Through Butter, Inflation and its Effects Are Cutting Down the Valuations of Most Companies on the Stock Market
The primary drivers of inflation, excess money printing, the pandemic and the Russian invasion of Ukraine are ongoing. While the market cap of the majority of stocks has steadily declined this year, the yields of most dividend stocks have risen. For investors looking to curb the effects of inflation on their portfolio, here are five ultra-high-yield Dividend Stocks to consider owning in 2022.
If Approved, the Newly Released Legislation Will Restrict Members of Congress, Supreme Court Justices and Other Senior Government Officials From Owning and Trading Stock in Publically Traded Companies
The Bill, Titled ‘Combating Financial Conflicts of Interest in Government Act’, was designed to limit the conflict of interest that comes with politicians and their family trading stocks. The introduction of the new stock trading bill ‘Combating Financial Conflicts of Interest in Government Act’ comes on the heels of the recent alleged insider trading controversy surrounding House Speaker Nancy Pelosi and her Venture Capitalist husband, Paul Pelosi. Paul had allegedly exercised call options in Nvidia (NASDAQ: NVDA) ahead of a Senate vote that would see the chipmaker secure a $52 billion subsidy.
With Stock Market Sentiment Growing Increasingly Bearish, Investors Are Left With Few Options to Continue Generating Profits in This Bear Market
Rather than sitting on the sidelines or making risky long bets, many experienced investors are Shorting stocks as a means to keep the gain train rolling.
On September 23rd, Kwasi Kwarteng, the U.K Chancellor of the Exchequer (the British Equivalent of the Secretary of the Treasury), Announced a Number of Sweeping Changes to the Nation’s Tax Policy, Sending the U.K Economy and Bond Market Into Chaos
The Bank of England announced that, in response to the market turbulence, it would commit to buying up to £65 billion in long-term U.K. government bonds in hopes of stabilizing the markets.
To Say That Russia’s Ongoing War With Ukraine is Not Going Well Would Be An Understatement
Over six months into the war, Russia has accomplished very little other than getting its own troops killed. So poorly is the war going for Russia that the country may have just bombed its own natural gas pipelines, Nord Stream 1 and Nord Stream 2, primary energy sources for western Europe. The suspected bombing came to light when local seismographs registered a 2.3 on the Richter scale.