The WeWork's future was hard to forecast with Neumann at the wheel as he is a truly unusual person, and the company could equally sky-rocket or go bankrupt. Now, the management consists of people whose goal is to show the shareholders some profit and meet their expectations. The situation has become predictable.
Investors have long become used to the non-stop mighty flow of news, flooding the market. This week is no exception; however, the list of the planned news at the moment looks pretty neutral.
The FDA plays an integral part in analyzing companies and determining their potential. At the stage of approbation, 95% of companies work at a loss, that is why the financial analysis will show nothing.
The beginning of October was turbulent, so this week investors must be happy if there will be fewer reasons to increase the volatility. However, there are enough reasons for movements in the macroeconomic calendar, as well as in the list of foreign policy events.
Last year I drew my attention to FedEx). At that time, its stocks just started the decline that goes on till now. As a result, during the last 11 months, the stock price has dropped by almost 30%. The reason for the beginning of the decline became the actions of Amazon.
The end of September and the beginning of October are not going to be too stressful in terms of the news: planned events able to influence the key assets are rather few, while the macroeconomic statistics are abundant.
The one but last week of September is going to be rather calm for capital and currency markets; everything we were waiting for has already happened. The time has come for consolidation and forecasts of the nearest future.
The Tron cryptocurrency has been trying to stabilize and even grow during the last couple of days, but the optimistic movements remain scarce. The TRX is clearly lacking an impulse. It is balancing around $0.0163.
AT&T is an American transnational telecommunication company, the largest supplier of mobile communication and the second-largest mobile services provider in the USA. 20% of its income the company receives from military contracts with the US Ministry of Defense. AT&T is the 18th largest mobile operator in the world.
At the beginning of the new week, capital markets are focused on oil as well as on the approaching session of the Federal Reserve System. Investors are not going to get bored.