Newsletter Sep 26, 2022

3 things you must know

Dollar standing strong following rocky week for global stocks
Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the world, as central banks and governments took up their fight against inflation. Stocks plunged in a bear market while bonds tumbled to their lowest level in years as investors recalibrated their portfolios to a world of persistent inflation and rising interest rates. Towering above it all was the U.S. dollar, which has rocketed to its highest level in 20 years. Even worse, many analysts expect things to get worse as tighter monetary policy globally raises the risks of a worldwide recession.
WHAT FINANCIAL ANALYSTS ARE SAYING ABOUT THE FUTURE

What the end of 'free money' means for Wall Street investors
The era of free money is over. Money has a "price again," a positive interest rate that borrowers must pay to lenders. And that brings back the old game on Wall Street when investors bought financial assets based on fundamentals rather than on a narrative. While easy money has helped central bankers to get close to the elusive goal of maximum employment, it also has had a side effect on Wall Street.
WHAT HIGHER INTEREST RATES WILL MEAN FOR INVESTORS

Netflix, Disney+ poised to shake up steaming service with ads
With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look to expand. After having long-shunned the notion of advertising on its platform, Netflix is expected to launch an ad-supported subscription tier in November, about a month before rival Disney+ is expected to do the same.
SEE NETFLIX AND DISNEY+'S PLANS FOR AD-BASED SERVICE

Markets

DJIA	29,590.41	-1.62%
S&P 500	3,693.23	-1.72%
Nasdaq Composite	10,867.93	-1.80%
Japan: Nikkei 225	26,583.32	-2.10%
UK: FTSE 100	7,018.60	-1.97%
Crude Oil Futures	79.00	0.33%
Gold Futures	1,644.50	-0.67%
Yen	143.81	0.32%
Euro	0.96	-0.50%
* As of market close

US warns Russia against nuclear escalation

The U.S. warned Russia on Sunday of "catastrophic consequences" if Moscow were to use nuclear weapons in Ukraine, after Russia's foreign minister said regions holding widely-criticized referendums would get full protection if annexed. Votes in four eastern Ukrainian regions, aimed at annexing territory Russia has taken by force, were staged for a third day as the Russian parliament could move to formalize the vote within days. In Moscow, over 2,000 protestors were arrested over the weekend in response to Russia's move to mobilize 300,000 to support the war effort..

GET THE LATEST DEVELOPMENTS IN RUSSIA'S WAR ON UKRAINE

Florida braces for midweek landfall from Ian

Tropical Storm Ian continued to gain strength Sunday in the Caribbean as forecasters expect it to reach major hurricane status and threaten Florida. Ian is tracking northwest towards the Cayman Islands and western Cuba, and the NWS put up warnings from the west coast of Florida to the Panhandle by the middle of the week. President Joe Biden postponed an upcoming trip to Florida and issued an emergency declaration for the state, and Gov. Ron DeSantis has declared a state of emergency.

SEE THE LATEST FORECAST TRACK FOR TROPICAL STORM IAN

Rihanna to headline Super Bowl 57 halftime

Grammy-winning singer Rihanna announced on Sunday that she will headline the Super Bowl LVII Halftime Show. Rihanna confirmed the news in an Instagram post featuring her tattooed hand holding a football with the NFL logo. It was the 34-year-old's first post since May, when she gave birth to her first child. Super Bowl LVII takes place on Feb. 12, 2023, at State Farm Stadium in Glendale, Arizona, and will be televised by Fox.

THE NFL'S NEW PARTNERSHIP WITH APPLE MUSIC, ROC NATION