Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week

The Capitalist Countdown is a weekly series that features the biggest stories from the stock market’s hottest stocks as well as news from under-the-radar hidden gems capable of delivering multibagger returns to your portfolio.

Please sit back, relax and enjoy the Capitalist Countdown’s top 5 market-moving investing news stories for the week of August 14th – 20th, 2023.

5. Underrated Warren Buffett Stocks Right Now

Buffets Investment Playbook: A Deep Dive into the Oracle’s Top Sectors

Warren Buffett has just updated his Berkshire Hathaway (NYSE: BRK.A; BRK.B) investment portfolio. Here are the stocks the Oracle of Omaha just loaded up on.

Read the full story here.

4. CPI Data – Canada Inflation Unexpectedly Rises

Navigating Canada’s Rising Inflation: Insights for the Modern Investor

Despite recent slowdowns, Canada’s inflation rate surged to 3.3% in July, marking a significant increase from the previous month’s 2.8%.

Read the full story here.

3. Bracing For Impact: Financial Storm

How Do Global Events Impact Your Investment Strategies?

The global financial landscape is undergoing significant shifts, with multiple factors converging to create a challenging investment environment. Here’s what you need to know.

Read the full story here.

2. XTM Reports 3X EWA Growth in the United States

XTM, Through its QRails AnyDay Earned Wage Access (EWA) Product Reports Strong U.S. Market Growth, With a Steady 3X Increase in EWA User Adoption in the Past 90 Days

XTM Inc. (CSE: PAID) (OTCQB: XTMIF) (FSE: 7XT), a Miami and Toronto-based fintech creator of disruptive payment innovations, including fully certified Earned Wage Access (EWA) through its QRails AnyDay™ product, provides an update on its EWA growth in the U.S. as it sees a steady 3X increase over the past 90 days in EWA user adoption.

Read the full story here.

1. BlackRock Loads Up on These 2 Dividend Stocks, With Yields of Up to 14%

As the Current State of the U.S. Economy Remains Uncertain Amid High Inflation and Soaring Interest Rates, Many Investors Have Turned to High-Yield Dividend Stocks to Bolster Their Portfolios

BlackRock (NYSE: BLK), the world’s largest asset manager, is employing a similar defensive strategy, as the investment behemoth recently loaded up on two high-yield dividend stocks, with one yielding over 14%.

Read the full story here.

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Disclaimer: Wealthy VC does not hold a position in any of the stocks, ETFs or cryptocurrencies mentioned in this article.