08 July Watchlist ๐Ÿ‘€

Table of Contents

Today We’re Watching the Brazilian Real and Walmartย 

Bolsonaro, the president of Brazil, has contracted coronavirus. Of course, we wish him well, but this compounds a bear case for the Real pitted against most other currencies. Itโ€™s likely that if Bolsonaro gets taken out or down, political pressure will force business shutdowns, and progress towards herd immunity will go wasted.

Bolsonaro isnโ€™t a believer in lockdowns. He thinks the suffering from job losses is too great, and he wonโ€™t be getting another term for thinking that. The country has remained open where possible, but itโ€™s interesting to compare the iShares MSCI Brazil exchange-traded fund (ETF), that has still barely kept afloat, with the S&P 500 in America.ย 

The latter is soaring despite rising cases, and the same for the iShares fund for Sweden, also revived as the nation follows a herd immunity model. Let the debate rage on!

Also, Walmart is putting up a heroic fight against Amazon.

Itโ€™s made all the right decisions to protect its market share, testament to a phenomenal management team that investors are keen to take a stake in. The market was all ears to an announcement from Walmart yesterday about its answer to Amazon Prime.

Itโ€™s Walmart+, a subscription service costing just shy of one hundred dollars per year. You get same-day groceries and fuel discounts at Walmart gas stations. However, the Prime ecosystem is a flywheel already up to speed and serving all kinds of needs. More information about Walmart+ will be released for investors this month.

Weโ€™ll bring it to you!ย 

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:
More Posts
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visaยฎ Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.