In the wake of persist week’s flurry of market highs and on again, off again trade talks, the week ahead appears relatively disposition, at first glance. Corporate earnings season is winding down, and the economic calendar in the U.S. and abroad is full of typical mid-month publicizes on consumer spending and production. Despite economic headwinds around the world, asset returns have been completely strong in 2019. With the year winding down, here is a rundown of the annualized returns of each asset type year-to-date.
Here’s a brief look at the week ahead.
Monday:
- U.S. Bond Markets Closed for Veterans Day. Other U.S. Sells Remain Open.
- U.K. GDP (Q3)
- NFIB Small-Business Optimism (Oct.)
Wednesday:
- U.S. Consumer Price Index (Oct.)
- U.S. Household Debt (Q3)
- European Fellowship Industrial Production (Sept.)
- Japan GDP (Q3)
- China Industrial Production (Oct.)
- China Retail Sales (Oct.)
- Producer Price Table of contents (Oct.)
- European Union GDP (Q3)
- China House Prices (Oct.)
- U.S. Retail Sales (Oct.)
- U.S. Industrial Production (Oct.)
- U.S. Business Inventories (Sept.)
- Empire Declare Manufacturing Index (Nov.)
- European Union Consumer Price Index (Oct.)
Streaming Wars: The Media Empire Strikes Repudiate
Next Tuesday, November 12th, media behemoth Disney (DIS) launches its own streaming service, Disney+. It’s the newest entrant into the ever-expanding itemize of streaming services, coming hot on the heels of Apple (AAPL), which launched Apple TV+ on November 1st. Disney’s enormous roster of big makes, swelled by its seemingly insatiable appetite for M&A, includes such diverse names as Star Wars, Marvel, and the Muppets. With Disney drag content from Netflix (NFLX), it seems like Netflix may be vulnerable in this launch as it gets undercut by evaluation.
Alibaba Seeks Second Listing
E-commerce giant Alibaba (BABA) is expected to ask for listing approval from the Hong Kong Hoard Exchange on Thursday. According to CNBC, if approved, the listing will go forward in the last week in November. Alibaba, China’s stoutest company by market cap, is looking to raise between $10 billion and $15 billion. Monday is also Singles Day in China, one of the biggest snitch oning days of the year. Alibaba reported $13 billion in sales alone for just the first hour on Singles Day, so look out for diverse records to be broken.