

Surprising Earnings and Portfolio Protection
Nov 4, 2022
Jon Maier, Chief Investment Officer at Global X, shares expert insights on how to safeguard your portfolio during economic downturns. He emphasizes the significance of defensive investments and identifies key trends to watch over the next decade. The discussion also covers surprising earnings reports from companies like Etsy, Starbucks, Qualcomm, and Uber. Additionally, the hosts delve into tips for college students on investing early, highlighting growth opportunities in sectors like beauty and technology.
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Jobs Report Higher Than Expected
- The jobs report was higher than expected, possibly due to Hurricane Ian's impact.
- The Fed wants these numbers to soften, indicating a desired economic slowdown.
Block's Evolution and Acquisition
- Block, formerly Square, has diversified into a financial services business.
- Focus on the afterpay acquisition and its potential impact on the balance sheet.
PayPal's Lowered Guidance
- Despite higher-than-expected profits and revenue, PayPal lowered its guidance.
- This action sent shares near a five-year low, showing investor concern.