Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week
Welcome to Wealthy VC’s Capitalist Countdown
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 April 11th – 17th, 2022.
5. Gold Prices Jump Following Worrisome U.S. Inflation Report
On April 11th, the Department of Labor Reported That the Consumer Price Index (CPI) in March Was 8.5% Higher Than the Previous Rear, the Largest Year-Over-Year Rise in Over 40 Years
Gold has typically been the investment vehicle of choice for more conservative investors in times of uncertainty. Thus far, in 2022, that has remained true. America’s sky-high inflation numbers were up 1.2% over last month and have market participants on edge and uncertain about which companies are best prepared to weather the storm.
4. 3 Recession-Proof Retail Stocks to Consider During Inflationary Times
As Inflation Continues to Rise in the U.S., the Fear That the Economy Will Slow and Enter a Recession is Growing
Here’s why these three Retail Stocks could actually benefit from rising inflation.
READ FULL RETAIL STOCKS ARTICLE
3. Jim Cramer’s Top 3 Stock Picks For Sports Fanatics Looking to Own Their Own Pro Sports Team
Ever Dream of Owning Your Own Professional Sports Franchise? Well, Sports Fans, You’re in Luck as Jim Cramer Just Released His Top Three Pro Sports Team Stock Picks
Last week, Jim Cramer, host of the popular investing show Mad Money on CNBC, announced his top three stock picks for sports fanatics looking to get in on the action. Typically, buying a professional sports team or league would require many millions or even billions of dollars in capital to finance. However, there is one way that an average investor can stake his claim in the world of pro sports and own part of a franchise or promotion. Last week, Jim Cramer, host of the popular investing show Mad Money on CNBC, announced his top three Sports Betting Stocks for sports fanatics looking to get in on the action.
- Liberty Media Formula One (NASDAQ: FWONA) (NASDAQ: FWONK) | Owns: Formula 1
- Liberty Braves Group (NASDAQ: BATRA) (NASDAQ: BATRK) | Owns: Atlanta Braves
- Endeavor Group (NYSE: EDR) | Owns: UFC
READ FULL SPORTS STOCKS ARTICLE
2. Consumer Price Index Sees 8.5% Inflation, Increasing Risk of Stagflation
Between COVID-19 and the Ukraine War, the Global Economy Has Been Heavily Stressed Over the Last Few Months
The United States Labor Department reported that the Consumer Price Index (CPI) rose 8.5% in March, the highest inflation rate in four decades. The prices for most consumer staples, from gas to beef, have been skyrocketing.
1. Elon Musk Declines Twitter Board Seat, Initiates Hostile Takeover
When His Stake Became Public in Early April, Musk Had Invested Roughly $3 Billion to Acquire 73.5 Million Shares of Twitter, Good For Approximately 9% of the Social Media Company
The world’s richest man, Elon Musk, has spent the last few months building a large stake in Twitter (NYSE: TWTR), and after recently declining the big tech giant’s board seat offer, Musk has officially launched a Hostile Takeover bid for more than $43 billion.
READ FULL MUSK TWITTER ARTICLE
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Disclaimer: Wealthy VC holds does not hold a position in any of the stocks mentioned in this article.
