Joseph (Ariel) Stern’s Post

Wishing you happy new opportunity year! Happy new year to everyone., as we also warmly welcome the January effect. The January effect is a seasonal increase in stock prices during the month of January. Analysts generally attribute this rally to an increase in buying power, which follows the drop in price that typically happens in December when investors, engaging in tax-loss harvesting to offset realized capital gains, prompt a sell-off. Another possible explanation is that investors use year-end cash bonuses to purchase investments the following month.

Here is my forward step to boost my career opportunities in market analyst profession

Quick update on my life since the lay-off, I started a new position at National General Insurance Company as a Bodily Injury Adjuster, working 100% remotely. 🎊 Finished up my first MBA course, Marketing Management. My professor was up-to-date on current market trends and gave us very hands-on experience. I participated in simulations where I stepped into the shoes of a CMO for a 3D-printing company. Analyzing KPIs like market valuation, expected average customer lifetime values, net promoter scores, and net income, where I was able to drive business growth by focusing on customer-centricity over a product-centric strategy. This week I am moving on to Statistical Foundations of Analytics. To those navigating the job market after a layoff, I hear you. It's tough out there - keep your head up. I know what it's like applying for countless positions and facing silence for what feels like ages. It's disheartening. But your worth isn't defined by a job title or the number of callbacks you receive. Keep pushing forward.

The insurance company your employees deserve!

Good morning. It's Wednesday, Aug. 7, Markets: Stocks seesawed up yesterday, making back some of the ground lost to Monday’s sell-off. Analysts say the market could remain volatile until September when the Fed is widely expected to cut interest rates—barring an emergency cut before then. One of the day’s big winners was Uber, which revved up after smashing Q2 revenue expectations thanks to unexpectedly strong consumer demand. A lot of you bought the dip. One day after the S&P 500’s worst session since 2022, stocks got off the schneid and partially rebounded, putting fears of a recession on hold. Tuesday started well, with Japan’s Nikkei—which had cratered on Monday—logging its best day since 2008, giving US investors some positive mojo. From there, US stocks, including Magnificent Seven stalwarts like Microsoft and Nvidia, and both major cryptocurrencies, moved up. “Get used to the volatility,” one Bank of America analyst told Bloomberg. The S&P 500 is still up over 10% this year despite this week’s turbulence. Global markets rebound with optimism. The consensus among global money managers a day after turbulence rocked markets and the S&P 500 fell 3% is to remain calm, reports Sophie Baker. While an elevated volatility index indicates rough seas ahead, the stock market drops “must be seen in the context of exceptionally strong equity markets since October 2023 and a correction is perfectly healthy and normal,” said Simon Webber, head of global equities at Schroders. “The bottom line is that equity markets were vulnerable to a correction but company fundamentals are decent and heightened volatility is an opportunity for repositioning where dislocations occur,” he said. Microsoft joined CrowdStrike in firing back at Delta, saying the airline turned down its offers to help with the fallout of last month’s massive IT outage. Axios, the news site known for its brevity, laid off 10% of its staff, citing “changes in the media business.” Elon Musk’s X accused advertisers of boycotting it. The social platform claimed a major group of advertisers violated antitrust laws by coordinating the effort. Disney raised prices for its streaming services again. The price hikes will affect Disney+, Hulu, and ESPN+. A 36-year-old trademark lawyer created the domain HarrisWalz.com — four years ago. The same lawyer sold the domain name ClintonKaine.com in 2016 for $15,000, and he wants to make a similar sum this go-around. "There is no easy or quick or infallible approach to a secure peace. It is only by patient, persistent, undismayed effort, by trial and error, that peace can be won." - Ralph Bunche

In the News: Sponsored: Dispelling the myths surrounding a career in manufacturing 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 Next on the agenda is Michigan Career Quest, coming to DeVos Place March 27, 2024. It’s another opportunity to shine a light on careers in manufacturing. 🔗 [Learn more: https://lnkd.in/gXG3qxpW] Join as a Partner and Professional: FDI Alliance: www.fdialliance.com Valqus Accounting and Business: www.valqus.com #FDI #Invest #Trade #TradeandInvest #InvestmentPromotion #Markets #Business #Accounting

In the News: Sponsored: Dispelling the myths surrounding a career in manufacturing 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 Next on the agenda is Michigan Career Quest, coming to DeVos Place March 27, 2024. It’s another opportunity to shine a light on careers in manufacturing. 🔗 [Learn more: https://lnkd.in/gXG3qxpW] Join as a Partner and Professional: FDI Alliance: www.fdialliance.com Valqus Accounting and Business: www.valqus.com #FDI #Invest #Trade #TradeandInvest #InvestmentPromotion #Markets #Business #Accounting

I love reading about the success stories of candidates that go through Specialisterne’s neurodiversity hiring programs. Here is one about one of our candidates named Jake Hamlin who was hired through one of our US neurodiversity hiring initiatives. As a neurodivergent person who has faced so much in employment to get to where I am now, these stories really touch me personally. This is how we move forward with promoting inclusion for all neurodivergent people in employment. How do you think that organizations can facilitate inclusion of neurodivergent candidates and employees? #success #Neurodiversity #DiversityAndInclusion

RIP Goldman Sachs When I started out at Goldman, it was the most feared firm on Wall Street. Those days are gone for good. My first job after college was as an analyst at Goldman Sachs. The three years I spent there were very long — time plays tricks on you when you're working 100 hours a week — and very unhappy. But they were also very formative. I learned how to think about how a business makes money. I learned how to work really hard. I learned how not to be intimidated. And I acquired a deep and lasting paranoia of being even a minute late, a mindset that is familiar to anyone who has been a junior analyst at Goldman, and one that my friends today find equal parts baffling and amusing. As the years passed, my short stint at Goldman continued to give me a sneaky sense of pride. I say "sneaky" because after the global financial crisis of 2008, criticism of the bank — some of it even written by me — mounted dramatically, culminating in Matt Taibbi's famous piece likening the firm to a "vampire squid." But here's the thing: The criticism always contained a trace of awe. There was a mystique to Goldman. It was cool and competent. Even when it lost hundreds of millions on a trading bet gone awry, or intentionally screwed its own clients, well, that had a certain swagger to it. Being a partner at Goldman meant you were part of the greatest wealth-creation machine the world had ever known. You were one of Wall Street's kings. "Thank God I didn't go to Morgan Stanley," I'd think to myself as I watched Morgan transform itself from a firm that was once very much like Goldman — prestigious, brilliant, a bit mysterious — into yet another run-of-the-mill firm that catered mostly to retail investors. Which is why the past few years of bad press about Goldman, mainly focused on CEO David Solomon, have been shocking, and oddly painful — the way you feel when something you didn't realize mattered to you is being broken. It isn't just that the bitterness about Solomon's leadership has spilled outside the firm, prompting The Wall Street Journal to describe Goldman, in a headline, as "at war with itself." It's that the leaks are coming from very senior levels inside the firm — a development one longtime Goldman observer I spoke with called "unprecedented." While there was always plenty of internecine warfare at the firm — think CEO Jon Corzine being knifed by his partners — what happened at Goldman stayed at Goldman. As Solomon recently confessed to a former partner, "It's a very, very hard war, and I'm being fracked by my own troops."

It was a great experience at Forage, where I provided recommendations for a company looking to expand its operations in another continent through M&A. The JP Morgan Chase job simulation was an amazing opportunity to work in real-life situations. During the process, I took into consideration financial and non-financial performance indicators. Five (5) Potential M&A target companies were identified, and recommendations were made based on the following indicators: 1. Location: Are the companies currently operational in the target continent? 2. Segment: Are they operating in the same segments? 3. Ownership Structure: The ownership structure is vital in M&A. 4. EBITDA and Growth Rate: The financial strength of the companies is crucial to the decision-making. 5. Market Positioning: Is the target M&A a market leader or follower?