Alternative Investing Strategy
Plus, Airbus & Boeing's Saudi deal.
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Alternative Investing Strategy
With the public markets looking bad in 2022, is it time for investors to look at alternatives? That's what Matt McGeagh, the co-founder and co-CEO of alternative investing platform ALAO, says in a new episode of the Early Bird podcast.
Consider This: While Matt said that investors should always consider alternatives, he adds that investors should also be thoughtful when it comes to asset allocation for alternatives.
Current State: Want to beat the public markets? McGeagh says that investors should find assets with returns that are not correlated to the public markets.
Education: McGeagh says that investors should do research about the alternative investment before diving in, including the importance of building an education level.
Final Thoughts: What advice does McGeagh have for investors interested in alternatives? Find out by listening to a new episode of the Early Bird podcast.
Notable Earnings Today: Koninklijke Philips (NYSE: PHG), Logitech International (Nasdaq: LOGI), Bank of Hawaii (NYSE: BOH), Range Resources (NYSE: RRC), Dorman Products (Nasdaq: DORM), AGNC Investment (Nasdaq: AGNC), Schnitzer Steel (Nasdaq: SCHN), Discover Financial Services (NYSE: DFS), Kirby (NYSE: KEX), Cadence Design (Nasdaq: CDNS), Dynex Capital (NYSE: DX), Zions Bancorp (Nasdaq: ZION), Community Bank System (NYSE: CBU), Crane (NYSE: CR), Bank of Marin Bancorp (Nasdaq: BMRC), The Aaron’s Company (NYSE: AAN), HBT Financial (Nasdaq: HBT), Packaging Corp. of America (NYSE: PKG), PotlatchDeltic (Nasdaq: PCH).
Notable IPOs Today: N/A.
Notable Equity Crowdfunding Campaigns Ending Today: Soul Bites (Honeycomb), Mr. Momo (SMBX), Aurora Market (SMBX), GACW (StartEngine), Mica Energies (StartEngine), Hearo (Republic).
Notable Economic Events Today: Manufacturing PMI (9:45 a.m. ET), S&P Global Composite PMI (9:45 a.m. ET), Services PMI (9:45 a.m. ET).
Airbus, Boeing Could Vie for Saudi Deal
The Public Investment Fund (PIF) of Saudi Arabia reportedly wants to launch a new airline and buy jets from top manufacturers.
Details: Reuters reported on Sunday that the PIF is in advanced negotiations to buy almost 40 A350 jets from Airbus (OTCMKTS: EADSY) with a price of about $12 billion. The report also said that it wasn’t clear whether Boeing (NYSE: BA) was also participating in talks for the jet order.
What’s Next: A deal could be announced as early as this week. Neither Airbus nor Boeing have commented so far.
Final Thoughts: Boeing’s stock is down 32% this year. Airbus is down 23%. Increased travel demand in the next year could be good for both companies.
Equity Crowdfunding Spotlight: Isosceles Pharmaceuticals
Briefly describe your business. Isosceles Pharmaceuticals is a specialty pharmaceutical company, with a pipeline of parenteral products designed to target the unmet need for novel non-opioid, non-NSAID analgesics to treat acute pain.
What are the terms of the investment for your campaign? Isosceles Pharmaceuticals is offering a Regulation CF of common shares with voting rights. The price per unit is $2.05 with a minimum of $500.20 (244 Shares) at a $30.8 million valuation. More information on the offering can be found at Equifund.
What makes your startup special? Isosceles team of medical doctors and pharmaceutical PhDs has the knowledge and capability to reproduce prior FDA success with a known analgesic backed by superior delivery systems and protected by strong intellectual property.
Trends to Watch
Fundamental: Crypto Means Absolutely Nothing Without Censorship Resistance (CoinDesk)
Still Nervous: Early Earnings Reports Worry Investors Already Battered by Stock Selloff (The Wall Street Journal)
Didn’t Expect This: China reports third-quarter GDP grew by 3.9%, beating expectations (CNBC)
You Dog: Dogecoin Layer 2 Dogechain Up 228% for the Week (Decrypt)
Rough Week of Earnings: Big Tech earnings forecast to slow in Q3 as ad sales fall further (Financial Times)
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