Markets News 

Investors are headed for disappointment in 2019 | Your Funds

“American investors almost certainly are headed for disappointment this year, even if the stock market continues its recent rebound and avoids too much trouble” writes Chuck Jaffe for seattletimes.com. Quite simply, individual investors want it all: reward without risk, safety without diminished performance, and bigger returns despite a market prepared to offer less.I’ll skip the other appropriate descriptions to say simply that investors are destined for failure and disappointment that way, unless the market manages to resume a path of straight-up gains.A recent survey of individual investors conducted by Natixis…

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Markets News Stocks 

Stocks close higher as Netflix-led tech rally offsets JPMorgan disappointment

“The S&P 500 index SPX, +1.07% gained 27.69 points, or 1.1%, to 2,610.30, its first close above 2,600 since Dec. 13” writes Markets Reporter for marketwatch.com. Crude-oil futures CLG9, -0.35% rallied, gold GCG9, +0.05% prices settled lower and the U.S. dollar DXY, +0.39% traded higher.DAL, +0.17% rose 0.2% in choppy trade after the company posted better-than-expected fourth-quarter earnings, while meeting Wall Street expectations for revenue.In Europe, stocks finished higher, with the Stoxx Europe 600 SXXP, +0.35% gaining 0.4%. Source: marketwatch.com

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Richemont shares slip on earnings disappointment

“Richemont, known for its Cartier and Piaget brands, said it posted growth in all its business areas, driven by double-digit sales growth in the Asia-Pacific region, which accounted for 37% of total sales” writes Cristina Roca for marketwatch.com. At 0822 GMT, Richemont shares were 6.2% lower at CHF69.26 ($69.03).Revenue for the first six months rose to EUR6.81 billion, up 8% excluding Richemont’s newly consolidated online-distributors division but below an estimate of EUR6.89 billion revenue, according to a analysts’ consensus provided by FactSet. Source: marketwatch.com

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Markets News Stocks 

Dumping U.S. stocks over earnings disappointment is a mistake, says Deutsche Bank

“Our call of the day from Binky Chadha, chief U.S. equity & global strategist at Deutsche Bank, addresses that mood, saying investors should chill because we are just returning to earnings normality here” writes Markets Reporter for marketwatch.com. Sure, some 27% of companies have lowered their guidance, compared with 21% offering earnings outlook improvements, and that doesn’t look great.Zynga ZNGA, +2.61%  could gain on licensing deals for sure-to-be-hot “Harry Potter” and “Game of Throne” games, though results disappointment.Read: Everything Apple announced at its Mac and iPad Pro event this week…

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Stocks end sharply lower in another volatile session after earnings disappointment

“Stocks ended sharply lower but off session lows Friday after disappointing earnings, ending a brutal and volatile week that saw the S&P 500 and Dow Jones Industrial Average turn lower for 2018” writes William L for marketwatch.com. For the year, the S&P 500 is off 0.6%, while the Dow is down 0.1%.That left the S&P 500 down 3.9% for the week and the Dow off 3%. Source: marketwatch.com

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Cuban ambassador: The U.S. strategy is to provoke disappointment through economic hardship

“The only possible means to annihilate internal support [to the regime] is to provoke disappointment and discouragement through economic dissatisfaction and hardship” reports tehrantimes.com. Q: At what level are the political and economic relations between Iran and Cuba?. Both countries work hard to develop and bring to the same level as political relations, the economic, trade and cooperation ones. Source: tehrantimes.com

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Disappointment turns to anger after Telltale layoffs

“The game industry is still reeling from the layoffs at Telltale Games late last week” writes Sep Edt for polygon.com. It will force them and their families to evaluate the risks involved in even contemplating a return to the game industry.On Sept. 21, approximately 250 employees were let go all at once, The Verge reported.The video game industry is notorious for wild cycles of boom and bust.And they all deserve so much better.” Polygon has reached out to Telltale for details on what, if any, compensation will be offered to…

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‘The Rams will be a disappointment because there’s too many happy people’ says Whitlock

“On the same day Aaron Donald got PAID by the Los Angeles Rams and expectations for the reigning NFC West champs soared to an all-time high, Jason Whitlock gave his bold prediction that the Rams are destined to be a disappointment in 2018” writes Fox Sports West for foxsports.com. The Rams will have the opportunity to demonstrate if rolling in money is an incentive to perform at a higher level or cause for concern beginning with a Monday Night Football season opener against the Oakland Raiders Sept. 10. Source: foxsports.com

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Brokers News 

Dealing with Disappointment

“Constructively dealing with disappointment can be a self-curative process that can contribute to personal growth and make for greater resilience” reports hbr.org. Others, following a very different trajectory, seek to avoid disappointment by becoming overachievers.How we respond to disappointment is often influenced by our upbringing; some people seek to avoid disappointment by underachieving (setting their expectations permanently low) while others seek to avoid it by overachieving (setting their expectations unattainably high).Some people seek to avoid disappointment by turning into underachievers.To deal with disappointment constructively, don’t let it deteriorate into apathy…

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