Podcast Exploring Themes Driving Global Markets, Nomura - The Week Ahead

Nomura – The Week Ahead

Podcast Exploring Themes Driving Global Markets

Nomura - The Week Ahead

We explore the main themes that will drive global markets over the coming week, discussing the key market moving events and risks to keep on your radar.

Macroeconomics

<ul><li>President Trump's inauguration caused volatility in financial markets</li><li>Expectation that Trump will impose significant tariffs on China and other countries</li><li>Fed expected to keep rates on hold at upcoming FOMC meeting</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

President Trump's inauguration caused volatility in financial marketsExpectation that Trump will impose significant tariffs on China and other countriesFed expected to keep rates on hold at upcoming FOMC meetingThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Providing investors with a balanced perspective, Massif Capital

Massif Capital Research

Providing investors with a balanced perspective

Massif Capital

Research focused on providing investors with a balanced perspective on the environmental and economic realities of achieving a carbon-neutral economy for businesses within the Energy, Basic Materials and Industrial industries.

The Massif Capital Real Asset Strategy is a global long/short equity strategy built around bottom-up stock picking. We are focused on creating a portfolio of businesses from within the Energy, Basic Materials and Industrial sectors that balance the environmental and economic realities of achieving a carbon-neutral economy.

Equity Bottom-Up

Lithium Americas Argentina Cor / Equity Bottom-Up

<ul><li>During the fourth quarter of 2024, the Massif Capital Real Assets Strategy was up 0.04% net of fees, with gross of fee gains from the long book of 0.18% and short book returns of 0.03%.</li><li>In 2024, the strategy was up 12.1% net of fees, with gross of fees gains from the long book of 12.1% and short book of 1.0%.</li><li>Through the 21st of January 2025, the portfolio is up 6.6%.</li></ul>

During the fourth quarter of 2024, the Massif Capital Real Assets Strategy was up 0.04% net of fees, with gross of fee gains from the long book of 0.18% and short book returns of 0.03%.In 2024, the strategy was up 12.1% net of fees, with gross of fees gains from the long book of 12.1% and short book of 1.0%.Through the 21st of January 2025, the portfolio is up 6.6%.

Massif Capital 4th Quarter 2024 Letter to Investors

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

<ul>
<li>Occidental Petroleum gained USD 0.43 last week, closing at USD 51.97 on 17/Jan (Fri). However, the stock began this week on a weak note, falling by 2.7% on 21/Jan (Tue).</li>
<li>JPMorgan raised Occidental's price target to USD 59 from USD 58 with a Neutral rating, while Mizuho lowered its target to USD 68 from USD 70, maintaining a Neutral stance.</li>
<li>Occidental became the third-largest U.S. onshore oil and gas producer in 2024, up from fifth in 2023, with production reaching 1.22 million boepd, 58% of which was oil.</li>
</ul>


Occidental Petroleum gained USD 0.43 last week, closing at USD 51.97 on 17/Jan (Fri). However, the stock began this week on a weak note, falling by 2.7% on 21/Jan (Tue).
JPMorgan raised Occidental's price target to USD 59 from USD 58 with a Neutral rating, while Mizuho lowered its target to USD 68 from USD 70, maintaining a Neutral stance.
Occidental became the third-largest U.S. onshore oil and gas producer in 2024, up from fifth in 2023, with production reaching 1.22 million boepd, 58% of which was oil.


[2025/03] Occidental’s Bullish Trend Weakens Amid Downward Pressure on Crude Oil

Podcast by Eric Golden on Web3 businesses, Web3 Breakdowns

Web3 Breakdowns

Podcast by Eric Golden on Web3 businesses

Web3 Breakdowns is a series of conversations exploring innovation in the decentralized internet. Each episode will focus on a different topic - we will cover NFT projects, crypto assets, blockchain-based protocols, and businesses being built with Web3 architecture. We will talk to founders, artists, investors and influencers to understand this emerging ecosystem. Visit joincolossus.com to find more episodes, transcripts and a library of content to continue your learning.

Cross Asset Strategy

<ul><li>2024 was a great year for risk assets, with the S&amp;P up 23% and Bitcoin up 150%</li><li>The year started with concerns about a recession and aggressive Fed rate cuts, but ended with market consensus aligning and a strong performance</li><li>The narrative heading into 2025 includes concerns about Trump's impact on deregulation and tariffs, as well as potential inflation from immigration policies</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

2024 was a great year for risk assets, with the S&amp;P up 23% and Bitcoin up 150%The year started with concerns about a recession and aggressive Fed rate cuts, but ended with market consensus aligning and a strong performanceThe narrative heading into 2025 includes concerns about Trump's impact on deregulation and tariffs, as well as potential inflation from immigration policiesThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Quarterly Market Recap: Q4 2024 - [Making Markets, EP.53]

<ul>
<li>Shell’s Q4 2024 revenue and EPS are expected to decline 21.9% YoY and 35.1%, respectively. For fiscal 2024, forecasts project a 4.8% revenue drop and a 7.4% EPS decline.</li>
<li>Shell anticipates a USD 1.3 billion Q4 charge for emissions certificates and biofuel programs, alongside non-cash post-tax impairments ranging from USD 1.5 billion to USD 3 billion.</li>
<li>Shell forecasts flat refining margins at USD 5.5/bbl but a 16% QoQ drop in chemical margins to USD 138/tonne.</li>
</ul>


Shell’s Q4 2024 revenue and EPS are expected to decline 21.9% YoY and 35.1%, respectively. For fiscal 2024, forecasts project a 4.8% revenue drop and a 7.4% EPS decline.
Shell anticipates a USD 1.3 billion Q4 charge for emissions certificates and biofuel programs, alongside non-cash post-tax impairments ranging from USD 1.5 billion to USD 3 billion.
Shell forecasts flat refining margins at USD 5.5/bbl but a 16% QoQ drop in chemical margins to USD 138/tonne.


[Earnings Preview] Lower Gas Output and Tight Margins Hit Shell’s Q4 Outlook

United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

The Week Ahead – One Week In

Following Trump's inauguration, market volatility was seen with focus on immigration, energy policy, and space exploration, as well as a softer...

Nomura – The Week Ahead

Massif Capital 4th Quarter 2024 Letter to Investors

During the fourth quarter of 2024, the Massif Capital Real Assets Strategy was up 0.04% net of fees, with gross of fee gains from the long book of...

Massif Capital Research

[2025/03] Occidental’s Bullish Trend Weakens Amid Downward Pressure on Crude Oil

Occidental Petroleum stock fluctuates after price target adjustments by JPMorgan and Mizuho, as company rises to third-largest U.S. onshore oil...

Mint Finance

Quarterly Market Recap: Q4 2024 - [Making Markets, EP.53]

Overall, the investment market in 2024 saw strong growth, with S&P up 23% and Bitcoin up 150%, leading to a bullish sentiment among investors...

Web3 Breakdowns

[Earnings Preview] Lower Gas Output and Tight Margins Hit Shell’s Q4 Outlook

Shell's Q4 2024 revenue and EPS expected to decline, with charges for emissions certificates and biofuel programs, and forecasts of flat refining...

Mint Finance

The Week Ahead – One Week In

Following Trump's inauguration, market volatility was seen with focus on immigration, energy policy, and space exploration, as well as a softer...

Nomura – The Week Ahead

Massif Capital 4th Quarter 2024 Letter to Investors

During the fourth quarter of 2024, the Massif Capital Real Assets Strategy was up 0.04% net of fees, with gross of fee gains from the long book of...

Massif Capital Research

[2025/03] Occidental’s Bullish Trend Weakens Amid Downward Pressure on Crude Oil

​Occidental Petroleum stock fluctuates after price target adjustments by JPMorgan and Mizuho, as company rises to third-largest U.S. onshore oil...

Mint Finance

Quarterly Market Recap: Q4 2024 - [Making Markets, EP.53]

Overall, the investment market in 2024 saw strong growth, with S&P up 23% and Bitcoin up 150%, leading to a bullish sentiment among investors...

Web3 Breakdowns

[Earnings Preview] Lower Gas Output and Tight Margins Hit Shell’s Q4 Outlook

​Shell's Q4 2024 revenue and EPS expected to decline, with charges for emissions certificates and biofuel programs, and forecasts of flat refining...

Mint Finance

Occidental Petroleum stock fluctuates after price target adjustments by JPMorgan and Mizuho, as company rises to third-largest U.S. onshore oil...

Shell's Q4 2024 revenue and EPS expected to decline, with charges for emissions certificates and biofuel programs, and forecasts of flat refining...