๐๐ญ๐ซ๐จ๐ง๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ, ๐๐ฉ๐ญ๐ข๐ฆ๐ข๐ฌ๐ฆ ๐ข๐ง ๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐ง๐ ๐๐๐๐ก ๐๐๐๐ญ๐จ๐ซ๐ฌ, ๐๐ง๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ซ ๐๐ซ๐ฎ๐ฆ๐ฉ
- Filipe Pereira
- Jan 19
- 2 min read
Last week marked the beginning of earnings season, with some companies posting results that exceeded market expectations. Richemont, for example, reported a 10% increase in third-quarter sales, reaching โฌ6.1 billion, surpassing the โฌ5.6 billion forecast. Growth was primarily driven by Europe, with a 19% increase in sales, much higher than the 6% expected, and the United States, where sales rose 22%, compared to the 10% forecast.
In China and other Asian regions, the results were less negative, with a 7% decline, much better than the 15% drop anticipated. This performance had a positive effect on other major luxury brands, such as Louis Vuitton and Hermes. Hermes, in particular, reached an all-time high in its market value, reflecting growing investor optimism in the luxury sector, which had previously been impacted by the slowdown in China, but is now benefiting from the recovery of other markets.
US Banks Exceed Expectations with Positive Results
In the United States, the results from major banks were very strong. JP Morgan reported revenues and profits that exceeded analysts' expectations by 20%, driven by increased financial margins due to higher interest rates. Goldman Sachs also performed impressively, with revenue surpassing expectations by $1.5 billion, benefiting from market appreciation and its strong presence in asset management. Citigroup, meanwhile, managed to reduce costs and benefit from the strong performance of the US economy, recording revenue growth and announcing a $20 billion share buyback plan.
This combination of strong financial results and positive future outlooks helped restore optimism in the financial markets, both for equity investors and those involved in public and private debt markets.
Tech Surge: AI Chip Demand Boosts the Sector
In the tech sector, TSMC, one of the world's largest semiconductor manufacturers, highlighted the growing demand for AI-related chips, which benefited not only the company itself but also other tech giants such as Broadcom, Microtechnology, Marvel, and the European ASML. The increasing demand for AI-driven technology is giving the sector a strong boost, with very positive prospects for the near future.
Expectations for Trumpโs Presidency and Its Market Impact
Finally, next week promises to be significant with Donald Trumpโs entry into the White House. He is expected to take several executive actions in the first hours of his presidency, including potential tariffs and protectionist policies. The market may experience volatility due to these actions, but diversified investors in the US market could benefit from them. Trumpโs policies are primarily aimed at strengthening US companies, creating a more protectionist environment, which could benefit investors well-positioned in US assets, both in equities and corporate and government debt.
๐ฐ ๐๐จ๐ฉ๐ฒ๐๐ซ๐๐๐๐ซ ๐ฐ
Consider starting to copy my investments if you are looking for a reliable investor to manage your investments. I show knowledge, discipline, and a long-term perspective with a strong strategy.
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๐ฆ๐๐ฎ๐ฟ๐ ๐ฐ๐ผ๐ฝ๐๐ถ๐ป๐ด ๐บ๐ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐๐ ๐ป๐ผ๐ ๐ฎ๐ป๐ฑ ๐ฒ๐ป๐ท๐ผ๐ ๐๐ต๐ฒ ๐ฎ๐ฑ๐๐ฎ๐ป๐๐ฎ๐ด๐ฒ๐ ๐ผ๐ณ ๐๐๐ถ๐ป๐ด ๐ฎ๐ป ๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐ ๐๐ผ ๐๐๐ฐ๐ฐ๐ฒ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐.
๐ Feel free to ๐น๐ฒ๐ฎ๐๐ฒ ๐๐ผ๐๐ฟ ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ and give it a thumbs-up! ๐
Sincerely,
๐๐ฒ๐ต๐ฒ๐น๐ฎ ๐๐ฎ๐ป๐ฎ๐ฒ๐ป๐ช
Consistency is the key to success.
๐ป๐๐ค๐๐๐๐๐๐๐ฃ
๐โ๐ ๐๐๐๐๐๐๐๐ก๐๐๐ ๐๐๐๐ ๐๐๐ก๐๐ โ๐๐๐ ๐๐ ๐๐๐ก ๐๐๐ก๐๐๐๐๐ ๐ก๐ ๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐ฃ๐๐๐.
